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Biometric Passport Market Growth by 2031 – Industry Analysis, Size, Share, Trends, Key Vendors, Drivers and Forecast By Zaraki Kenpachi - June 7, 2021
Biometric Passport: Introduction A biometric passport has specially designed passport pages that contain data chip, and complex watermarks. Biometric passports are used to identify personal data over a passport PIN or photo as it uses personal characters such as eye maps, facial attributes, and fingerprints as primary credential features. These biometric features were recognized by The International Civil Aviation Organization (ICAO) after examining multiple other biometrics including retinal and fingerprint scans. Biometric passports are segmented by type (facial recognition, fingerprint recognition, iris recognition, others), by application (leisure travel, business travel), and region. Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=44051
Rise in Demand from the Business Travel Segment The business travel segment is expected to be the fastest growing segment of the biometric passport market during the forecast period. Increasing advanced verification means to detect identity frauds, presence of advanced airport infrastructure facilities, and adoption of epassport, is projected to boost the growth of the global biometric passport market during the forecast period. Moreover, presence of advanced infrastructure facilitates easy passenger identification to reduce the waiting time of passengers, which is expected to boost the demand for
biometric passports during the forecast period. Furthermore, continuous growth in number of people traveling to crossborder destinations due to business reasons propels the demand for biometric passports Some of the major restraints of the biometric passport market are the high deployment cost, data security concerns, and lack of technical knowhow.
Key Players Operating in the Global Biometric Passport Market The global biometric passport market was highly fragmented in 2022. Major players operating in the global market are focusing on technological advancements and expansion to meet the rising demand for biometric passports. Key players operating in the global biometric passport market include: Cognitec Systems GmbH Cross Match Technologies Fujitsu Ltd. Facebanx Secunet Security Networks AG Thales SA Gemalto N.V. Mühlbauer Group Entrust Datacard Corporation 4G Identity Solution Eastcompeace Technology Co. Safran S.A. IDEMIA LLC. Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php? flag=EB&rep_id=44051
Global Biometric Passport Market: Research Scope Global Biometric Passport Market, by Type
Facial Recognition Fingerprint Recognition Iris Recognition Others Global Biometric Passport Market, by Application Leisure Travel Business Travel This study by TMR is allencompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions. Our key underpinning is the 4Quadrant Framework EIRS that offers detailed visualization of four elements: Customer Experience Maps Insights and Tools based on datadriven research Actionable Results to meet all the business priorities Strategic Frameworks to boost the growth journey The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into regionwise assessment. The following regional segments are covered comprehensively: North America Asia Pacific Europe Latin America The Middle East and Africa
Buy this Report at: https://www.transparencymarketresearch.com/checkout.php? rep_id=44051&ltype=S The EIRS quadrant framework in the report sums up our wide spectrum of datadriven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, meddevices, consumer goods and technology. These reports provide indepth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement. Contact: 90 State Street, Suite 700 Albany, NY 12207 Tel: +15186181030 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com
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