E-Passport Market PPT 2023: Size, Growth, Demand and Forecast Till 2028

Author: Elena Anderson

Marketing Manager

Report DescriptionAbout IMARC Group

International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description Report Description and Highlights

Global E-Passport Market Research Report 2023-2028:

According to the latest report by IMARC Group, titled " E-Passport Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-20 28

," the global E-passport market size reached US$ 25.8 Billion in 2022.

An e-Passport is a chip-enabled passport with a biometric identification card, improving the transparency and security of travel. It consists of a biometric record that stores data, such as the holder's name, date of birth, and other character information. It also relies on contactless smart card technology, which incorporates radio frequency identification (RFID) chips or contact memory buttons, for wireless data transmission.

E-passport helps prevent fraudsters from conducting data piracy and making duplicate passports by employing features, such as demographic information, iris scans, color photograph, and the digital signature of the bearer. As compared to a traditional passport, an e-passport assists with quicker verification and secured checks at airports and international borders, thereby saving time.

Request for a PDF sample of this report: https://www.imarcgroup.com/e-passport-market/requestsample

Global E-Passport Market Trends:

The increasing demand for security across the globe is creating a positive outlook for the market. In line with this, the rising cases of visa and passport fraud and growing illegal immigration cases are acting as another growth-inducing factor. Additionally, the growing establishment of advanced airport infrastructures, especially in developing regions, along with the rising digitization and increasing adoption of wireless communication technology in the travel industry, is favoring the market growth. Apart from this, the development of e-passport smart gates at airports, which help simplify the identification and immigration processes, is providing an impetus to the market growth. Moreover, the rising awareness among individuals about the benefits of e-passports, including cost-effectiveness, reducing the risk of data alteration and duplication, less processing time, and greater data storage capacity, is positively influencing the market growth. Other factors, including the rising expenditure capacities of consumers, extensive research and development (R&D) activities, and growing air traffic and the number of people traveling to cross-border destinations, are anticipated to drive the market growth. Looking forward, IMARC Group expects the market value is expected to reach US$ 56.9 Billion by 2028, exhibiting a CAGR of 13.4% during 2023-2028.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/e-passport-market

Report Description Report Description and Highlights

Key Market Segmentation

The research report includes the following segments:

Breakup by Technology:

• Radio Frequency Identification (RFID)

• Biometric

Breakup by Security:

• Basic Access Control

• Password Authenticated Connection Establishment

• Supplemental Access Control

• Extended Access Control

Breakup by Application:

• Leisure Travel

• Business Travel

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Competitive Landscape with Key Players:

• 4G Identity Solutions Private Limited (Goldstone Technologies Ltd.)

• CardLogix Corporation

• Entrust Corporation

• HID Global Corporation (Assa Abloy AB)

• IDEMIA

• Infineon Technologies AG

• Mühlbauer Group

• Primekey Solutions AB (Keyfactor)

• Thales Group

1. What was the size of the global e-passport market in 2022?

2. What is the expected growth rate of the global e-passport market during 2023-2028?

3. What are the key factors driving the global e-passport market?

4. What has been the impact of COVID-19 on the global e-passport market?

5. What is the breakup of the global e-passport market based on the technology?

6. What is the breakup of the global e-passport market based on the application?

7. What are the key regions in the global e-passport market?

8. Who are the key players/companies in the global e-passport market?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/e-passport-market/toc

A partial List of our Clients

Partial List of Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

A partial List of our Clients

Partial List of Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

Report Description Report Description and Highlights

© 2022 IMARC All Rights Reserved

This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.