E-Passport Market Overview

The E-Passport Market Report provides a detailed analysis of strategies, micro and macro market trends and scenarios, pricing analysis, and short-term market circumstances. It also includes future trends that are expected to drive the development of the E-Passport market. The analysis of dynamics and the E-Passport market size has been provided at local, regional and global levels.

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Market Dynamics: Increasing travel throughout the world is also anticipated to speed up market expansion throughout the anticipated timeframe. There are no dangers of information breaches because a specialised chip reader can read the data stored in the chip. The demand for improved security is being further fueled by an increase in terrorist threats around the world, which is anticipated to accelerate market expansion during the forecast period.

E-Passport Market Report Scope and Research Methodology

The report outlines the present and historical growth patterns of the E-Passport market, along with the state of the market CAGR, market size, forecast and revenue share, and trends price. The E-Passport market report includes prevailing opportunities, industry-specific challenges, and technical advancements that help key players increase revenue and growth. The report includes the competitive landscape along with future technical and financial details of the E-Passport industry. Company profiles, capacity, manufacturing, price, cost, revenue and statistics are also included in the E-Passport market report. SWOT analysis was used to provide strengths and weaknesses of the E-Passport key players in the industry. The bottom-up approach has been used to estimate the E-Passport market size. The E-Passport market report is a combination of both primary and secondary data collected from extensive research.

E-Passport Market Regional Insights

The E-Passport market study includes company profiles from various regions, as well as information on their business strategies and statistics. The regions are North America, Europe, Asia Pacific, Middle East and Africa and South America. 

Market Segmentation:

by Technology
• Radio Frequency Identification (RFID)
• Biometrics

by Application
• Leisure Travel
• Business Travel

by Componen
• Software
• Hardware
• Services

by Type
• Ordinary E-Passport
• Diplomatic E-Passport

by Security
• Basic Access Control (BAC)
• Password Authenticated Connection Establishment (PACE)
• Supplemental Access Control (SAC)
• Extended Access Control (EAC)

Market for Global E-Passports, A biometric passport is another name for an e-passport. It is a passport that has an embedded integrated chip or circuit. This chip contains information that is necessary for the passport holder's identification to be verified. It adds an additional layer of security that is not present in a typical passport. Over the course of the forecast period, rising security concerns about international travel are anticipated to produce profitable prospects for the e-passport market.

The study includes a thorough analysis of the worldwide e-passport market and categorises it by technology, application, components, type, security, and geographic location. The research includes analysis of historical market dynamics from 2023 to 2029, which will enable readers to compare current trends to earlier ones.

During the projected period, the biometrics segment is anticipated to develop at the greatest rate (22% CAGR). Thanks to the biometrics industry's growing technological improvement. High-security assurance and improved user experience are provided by biometrics. However, it is also anticipated that the Radio Frequency Identification (RFID) segment would expand significantly throughout the course of the projected period. Because automated data collecting further minimises the need for human labour.

By 2029, the leisure travel sector is anticipated to hold a 22% market share.
During the projection period, the leisure travel category is anticipated to be driven by the expanding tourism sector. Governments around the world are investing in the growth of tourism, which is further anticipated to lead to an increase in demand for leisure services.

 

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E-Passport Market Key Players:

• Atlantic Zeiser
• Gemalto
• PrimeKey
• Arjo Systems
• Entrust
• Oberthur
• Multos International
• Edaps Overseas
• M2SYS
• Kona I
• ASK
• Muhlbauer Group
• 3M
• Austria Card
• De La Rue
• Safelayer S.A.

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Key questions answered in the E-Passport Market are:

  • What is E-Passport?
  • What is the expected CAGR of the E-Passport market during the forecast period?
  • What are the global and regional trends in the E-Passport Market?
  • What are the major challenges that the E-Passport Market could face in the future? 
  • How is the intervention from regulatory authority is shaping the E-Passport Market?
  • What growth strategies are the players considering to increase their presence in E-Passport Market?
  • Who held the largest market share in E-Passport Market? 

Key Offerings:

  • Market Share, Size Forecast by Revenue | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis of segments and sub-segments
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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