E-Passport Market Overview
As per recent research by MarkNtel Advisors, the global E-Passport Market size is estimated to grow at a CAGR of around 21.65% during the forecast period, i.e., 2024-30.
E-Passport Market Dynamics
Market Drivers : Surging International Travel to Drive Market Growth –
During the last decade, many economies have experienced significant economic growth, leading to a surge in disposable income, which has enabled more individuals to afford international travel. Additionally, the increase in the number of low-cost carriers has made air travel more accessible, which has subsequently enhanced international tourism.
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E-Passport Market Segmentation Overview 2024-2030: Key Factors
By Type
-Biometric e-Passports- Market Size & Forecast 2019-2030, (USD Million)
-Face Recognition
-Fingerprint Recognition
-Iris Recognition
-Others
-Non-Biometric e-Passports- Market Size & Forecast 2019-2030, (USD Million)
-Radio-Frequency Identification (RFID)
-Others
By Security
-Basic Access Control- Market Size & Forecast 2019-2030, (USD Million)
-Extended Access Control- Market Size & Forecast 2019-2030, (USD Million)
-Supplemental Access Control- Market Size & Forecast 2019-2030, (USD Million)
-Biometric Authentication- Market Size & Forecast 2019-2030, (USD Million)
By Component
-Electronic Chip- Market Size & Forecast 2019-2030, (USD Million)
-Antenna- Market Size & Forecast 2019-2030, (USD Million)
-Biometric Capture Devices- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
By Application
-Traveling- Market Size & Forecast 2019-2030, (USD Million)
-Business Travel- Market Size & Forecast 2019-2030, (USD Million)
-Leisure Travel- Market Size & Forecast 2019-2030, (USD Million)
-Border Control and Immigration- Market Size & Forecast 2019-2030, (USD Million)
-Identity Proof- Market Size & Forecast 2019-2030, (USD Million)
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E-Passport Market Geographical Insights:
By Region:
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Key Players and Competitive Strategies in the E-Passport Market
Several prominent players dominate the E-Passport Market, including:
- CardLogix Corporation
- 4G Identity Solutions
- 3M
- HID Global Corporation
- IDEMIA
- Infineon Technologies AG
- Eastcompeace Technology Co. Ltd.
- Entrust Corporation
- Muhlbauer Group
- Others
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Questions Addressed in this Study
1.How big is the E-Passport Market Size?
2.What is the E-Passport Market Growth?
3.Who are the key players of the E-Passport Market?
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