Global E-Passport Market Report: 2024-2030
According to MarkNtel Advisors recent report “Global E-Passport Market”. The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists of information on all the periods – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies, and other valuable aspects related to the industry.
Key Highlights of the Report
- Market Performance (2019-2030)
- Market Outlook (2024-2030)
- Market Drivers and Challenges
- Competitive Benchmarking
The report covers forecasts for 2024-2030 and we’re also offering the latest forecast for 2025-2030 on request! Get it Today – https://www.marknteladvisors.com/query/request-sample/e-passport-market.html
E-Passport Market Overview
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. The market has grown significantly due to substantial government initiatives aimed at streamlining border procedures and enhancing security to prevent fraud. Additionally, with the growth of globalization, international travel has surged during the past few decades. This growth in international travel has also led to a surge in individuals evading standard legal procedures through fraudulent documents.
E-Passport Industry Trends
Integration of Blockchain with E-Passports Gaining Momentum
- Globally, integrating biometric data with blockchain technology to create biometric blockchain (BBC)-based e-passports is gradually gaining traction, as it offers a robust solution by combining the unique identification capabilities of biometrics with the security features of blockchain technology. Moreover, the immutability and encryption offered by blockchain ensure that once data is recorded, it cannot be altered or accessed unauthorizedly. This is crucial for protecting sensitive personal information from hacks or leaks. Moreover, blockchain implements privacy-preserving technologies that verify identities without revealing the underlying data, which is appealing to privacy-conscious states.
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E-Passport Market Segmentation
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)
Geographical Insights:
- North America
- Europe
- Asia Pacific
- Middle East/Africa
- South America
Competitive Landscape
The competitive landscape of the market has been studied in the report with detailed profiles of key players operating in the E-Passport market.
Key Players
- CardLogix Corporation
- 4G Identity Solutions
- 3M
- HID Global Corporation
- IDEMIA
- Infineon Technologies AG
- Eastcompeace Technology Co., Ltd.
- Entrust Corporation
- Muhlbauer Group
- Iris Corporation
- Thales Group
- Safran Identity and Security
- Primekey Solutions AB
- Datacard Group
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Why This Report:
- Strategic Insights: These reports aid strategic decision-making for multinational corporations, financial institutions, and governments by providing crucial market insights.
- Global Perspective: With a presence in 80+ countries, the reports offer a comprehensive view of the global market landscape, facilitating informed decision-making on both regional and international scales.
- Expertise in Niche Industries: The specialized team’s expertise in niche industries and emerging geographies allows for detailed and accurate market analysis, vital for informed decision-making.
- Integrated Strategic Parameters: Covering strategic parameters such as Go-to-Market strategies, product development, and trend analysis empowers clients to develop tailored and informed strategies.
- Identifying Growth Opportunities: The reports enable clients to identify investment opportunities, emerging market trends, and white spaces, aiding in maximizing returns and gaining a competitive edge.
About US:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Contact Us:
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