E-Passport Market on Track for 21.65% CAGR Growth | Demand & Technological Trends

0
521

MarkNtel Advisors recently published a detailed industry analysis of the Global E-Passport. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global E-Passport, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The E-Passport Market size is estimated to grow at a CAGR of around 21.65% during the forecast period, i.e., 2024-30.

Key Findings in Global E-Passport:

  • Historical Analysis: 2019–2022
  • Base Year: 2023
  • Forecast Period: 2024–2030

Leading Market 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, Others,

Key Highlights of the Report

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

What are the major Driver the Global E-Passport industry?

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. For instance,

  • In 2023, as per the United Nations World Tourism Organization (UNWTO), international arrivals reached approximately 1.3 billion.

The growth in international tourism has enhanced the focus on standardizing travel documents to ease the process of international travel, owing to which countries across the globe are adopting e-passports. Moreover, there's been a significant increase in the number of students seeking educational opportunities abroad across the globe. Along with this, many universities and educational institutions, especially in North America and Europe, are actively promoting international campuses and partnerships. The increase in international student mobility highlights the advantages of adopting e-passports for governments to facilitate smoother and more efficient border crossings. This is anticipated to drive market growth & expansion during the forecast period.

Download now and gain valuable insights to inform your business strategy, drive growth, and stay ahead of the competition - Download Free PDF Samplehttps://www.marknteladvisors.com/query/request-sample/e-passport-market.html

What segments define the Global E-Passport from 2024 to 20230? How do these segments contribute to market dynamics and growth?

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

According to report, During the past decade, there has been an increase in document fraud and identity theft, due to which many countries have faced difficulties in managing their border security.

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)

According to report, The biometric authentication segment holds a major share of the Global E-Passport Market and is anticipated to follow the same trend.

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)

Explore the Complete Global E-Passport Analysis Report – https://www.marknteladvisors.com/research-library/e-passport-market.html

Geographical Analysis: Global E-Passport

 By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

The Global E-Passport Industry Recent Development:

  • In 2023: Infineon Technologies AG issued nearly five million next-generation electronic passports, incorporating (FSE: IFX / OTCQ: IFNNY) innovative coil-on-module (CoM CL) solution in Turkey. This cutting-edge technology, designed to meet the highest security standards, has resulted in an ultra-thin electronic data page that ensures exceptional durability and protection against forgery.

Key Questions Addressed in This Study

  • What are the primary factors driving the growth of the Global E-Passport?
  • How is the Global E-Passport expected to evolve over the next five years?
  • What key insights can be drawn from current trends shaping the market?
  • What is the current market size, and how is it forecasted to change in the coming years?
  • What is the future outlook for the market in terms of technological innovation and geographic expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here –

https://www.marknteladvisors.com/query/request-customization/e-passport-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

More Research Studies Report:

-Biocomposites Market size was valued at around USD 36.9 billion in 2024 and is projected to reach USD 89 billion by 2030 with a CAGR of around 119.27%.

-Green Solvents Market size was valued at around USD 1.34 billion in 2024 & is projected to reach USD 1.87 billion by 2030 with a CAGR of around 5.7%.

For Media Inquiries, Please Contact:

Email: sales@marknteladvisors.com

Trending Blogs : www.marknteladvisors.com/blogs

Export-import Data : https://www.marknteladvisors.com/export-import-data

Buscar
Categorías
Read More
Other
Polydimethylsiloxane Market Demand will reach USD 3,924.4 Million by 2031 from USD 2,546.2 Million
️Market Overview: According to the most recent research study by Kings Research, the...
By Abhishek Singh 2025-05-07 07:11:29 0 422
Party
️全地形対応車市場の需要は 2031年までに25億6,830万ドルから34億4,310万ドルに達する見込み
市場概要: Kings...
By Abhishek Singh 2025-04-02 05:34:42 0 870
Shopping
my favorite color makes the look even Dior more special
While you can still throw on a kitschy graphic T shirt or black knee high boots like did...
By Henley Pierce 2024-11-08 05:25:25 0 2K
Networking
NO₂ Sensor Market Outlook 2025–2032: Growth in Urban Air Pollution Monitoring and Smart Infrastructure
Global NO2 Sensors Market size is expected to reach USD 0.94 Bn by 2030, at a CAGR of 4.87%...
By Priti Shinde 2025-05-22 18:16:18 0 400
Other
龍角散喉糖可以止咳嗎?
咳嗽是日常生活中常見的症狀,無論是因感冒、喉嚨過敏,還是吸入刺激性物質,都可能導致喉嚨不適和咳嗽。許多人會選擇使用喉糖來舒緩這些不適,而龍角散喉糖作為一種備受推崇的產品,龍角散...
By Qkpcm Jwnpfkacm 2024-12-19 07:47:39 0 1K