Global E-passport Market Market Analysis and Forecast Report 2030

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Global E-passport Market Segments by Technology (Radio Frequency Identification (RFID) and Biometric); By Application (Leisure and Business Travel); By Hardware (Antenna, Processor/Chip) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030

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Description

global E-passport Market Market

Product overview
Additional protection layer not found in standard passports is provided by e-passport often referred to as biometric passports. This relates to a person’s biometric details contained in an electronic chip within the passport of the client.

An e-passport has an E-Chip that has the same data as the bearer’s name, birth date, and any other biographical details on the passport tab. E-passports are used mostly to validate a traveler’s identity on foreign flights. The main biometric methods included in this application include fingerprint, face, and iris recognition.

Market Highlights
Global E-passport Market is expected to project a notable CAGR of 22.69% in 2030.
Global E-passport Market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 22.69% in the coming years, i.e., 2021-30. The growing need to improve passport protection to address the economic danger of identity fraud is fueling the growth of the e-passport market in particular. Increased global travel demands a high degree of protection for both business and pleasure purposes.

Standard passports that do not have biometric capabilities risk traveling on foreign flights to illegal passengers. Such ill-intentioned passengers are at risk of obstructing passengers’ safety on the air. E-passport is thus a secure solution to avoid such situations, which fuels the demand for e-passports.

Global E-Passport Market: Segments
Biometric segment to grow with the highest CAGR during 2020-30
Global E-passport Market is segmented by technology into radio frequency identification (RFID) and biometric. The Biometric, segment held the largest market share of XX.X% in the year 2020 due to its intensifying use in the end-user vertical.

Standard passports that do not have biometric capabilities have risk traveling on foreign flights to illegal passengers. Such ill-intentioned passengers run the risk of hampering passenger’s in-flight safety. Biometrics are a trustworthy measure to avoid such scenarios, thus driving this segment.

Leisure segment to grow with the highest CAGR during 2020-30
Global E-passport Market is divided by application into Leisure and business travel. The biofuel Leisure segment held the largest market share in the year 2020 and will continue to dominate the market in the coming years.

Global E-Passport Market Dynamics
Drivers
Increased leisure and business travel
Growing need to improve passport protection to address the economic danger of identity fraud is fueling the growth of e-passport market in particular. Increased global travel demands a high degree of protection for both business and pleasure purposes. Standard passports that do not have biometric capabilities risk traveling on foreign flights to illegal passengers. Such ill-intentioned passengers are at risk of obstructing passengers’ safety on the air.

Surge in thefts
Boost in the e-passport market is due to surge in thefts, illegal immigration, and transborder crimes. In addition, e-passports are capable of ensuring faster safety checking and inspections at airports and at international borders, and increased adoption by many countries to boost citizens’ safety, decreased passports rates, strengthen the visa market demand for e-passports.

Restraint
Lack of awareness regarding E-passport Market existence
The high initial implementation costs and cost-effective e-passport availability could hinder the growth on the market. Most key players restrict themselves due to high initial costs and thus limiting the market growth.

Global E-Passport Market: Key players
Atlantic Zeiser
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Arjo Systems
PrimeKey
ASK
Muhlbauer Group
Entrust
Gemalto
Safelayer S.A. Savvy players
Oberthur
Multos International
M2SYS
Kona I
Edaps Overseas
Other Prominent Players

Global E-passport Market: Regions
Global E-passport Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global E-passport in Europe held the largest market share of XX.X% in the year 2020. During the projected timeline Europe is projected to dominate over e-Passport & e-Visa.

Early investors of biometrics for different purposes such as border control, airport management, identification, and compliance have been European nations, including Germany, the United Kingdom, and France.

During the projected timeframe, e-passports and e-visa markets are expected to increase in the Asia Pacific region. Bangladesh’s and India’s governments aim to implement e-passports and e-visa facilities to mitigate the problems of airport document processing. Implementing border control technology would also help national departure terminal safety initiatives in the region.

Global E-passport Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Global E-passport Market report also contains analysis on:
E-passport Market Segments: into
By Technology
Radiofrequency identification (RFID)
Biometric

By Application Type
Leisure
Business travel
Identification/Proof
Immigration/Border Control

By Hardware
Antenna
Processor/Chip
E-passport Dynamics
E-passport Size

Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints

Related Reports: Passport Reader Market Information – Global Forecast till 2023

Additional information

Publisher

Geography Covered

Date Published

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Pages

Format

Table of Contents

Contents
1. Executive Summary
2. Global E-Passport Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global E-Passport Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global E-Passport Market
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global E-Passport Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By technology: Market Share (2020-2030F)
12.2.1. Radiofrequency identification (RFID), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Biometric, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By application Type: Market Share (2020-2030F)
12.3.1. Leisure, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. business travel, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Hardware: Market Share (2020-2030F)
12.4.1. Antenna, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Processor/Chip, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030
Company Profile
1. Atlantic Zeiser
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Arjo Systems
3. PrimeKey
4. ASK
5. Muhlbauer Group
6. Entrust
7. Gemalto
8. Safelayer S.A. Savvy players
9. Oberthur
10. Multos International
11. M2SYS
12. Kona I
13. Edaps Overseas
14. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

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