E-Passport Market Size, Market Trends, Market Demand & Growth Analysis 2022
One of the main challenges tackled by Global E-Passport Market is high cost incurred for the implementation of e-passports. Execution of e-passports involves the use of a biometric technologies and smart card to protect important information in the smart chip, which experiences high costs. The key trend in the global e-passport observed from the past is high adoption of hybrid smart cards.
One of the significant factors contributing to the global e-passport market growth is the growing need to fulfill with government regulations. The global e-passport market has witnessed the increasing use of e-Passport as a standard travel document. Though, the high application costs of e-passports might pose a challenge to the evolution of this market. Various nations are gradually implementing the epassport system as a standard travel document. A foremost purpose for this is that it is obligatory for EU countries and ICAO member countries to implement the e-passport. Additional reason for this is the improved security provided by the e-passport owing to the smart card technology being used. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/e-passport-market
It offers security against identity fraud, faster immigration inspection, and effective border control. This is having a progressive impact on the demand for e-passports as a travel document. One of the key drivers of the global e-passport market includes rise in regulatory issues. The ICAO has made it obligatory for its associate countries to implement e-passports for secure cross border travel. This has caused large number of countries in the South America and Asia Pacific region executing the epassport system for travel. Further, one of the main challenges tackled by Global E-Passport Market is high cost incurred for the implementation of e-passports. Execution of e-passports involves the use of a biometric technologies and smart card to protect important information in the smart chip, which experiences high costs. The key trend in the global e-passport observed from the past is high adoption of hybrid smart cards. The key vendors of the global e-passport market include Obberthur Technologies, Giesecke and Devrient, Gemalto, and Morpho. Other prominent vendors include 4G Identity Solutions, CardLogic, Eastcompeace, Infineon Technologies, Mühlbauer Group, ASK, DataCard, HID, and IRIS. Oberthur Technologies is one of the world’s major suppliers of identification and security services and solutions. Oberthur Technologies has instigated over the last two years an end to end identity system solution comprising document verification, e-passport personalization, border control and authentication, and citizen enrolment. Uzbek citizens can now help from the latest state of the art protected electronic passports, delivered by Oberthur Technologies. To improve the security level of the Uzbekistan passport, which also aids as a national identity document, Oberthur Technologies offers a robust Public Key Infrastructure (PKI). This is based on system OneTM PKI for eMRTD1 which compromises a modular and secure infrastructure to accomplish dedicated digital certificates, acquiescent with EAC3 and ICAO2 standards. In addition, Oberthur Technologies carefully supports the Uzbek government in the up gradation of their infrastructures in order to assemble and manufacture protected passports. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industryreports/e-passport-market/request-sample The Global market for e-passport is segmented into 5 regions namely North America, Asia Pacific, Latin America, Middle East and Africa and Europe. Few of the nation’s using e-passports are Indonesia, Iraq, Iran, India, Israel, Japan, Kazakhstan, Malaysia, Maldives, New Zealand, Norway, Peru, Philippines, Switzerland, Sudan, U.A.E., U.S., and Uruguay.
India has lately introduced its initial stage deployment of e-Passport for political passport holders in India and abroad. New passports have been redesigned indigenously by the India Security Press, Central Passport Organization, and IIT Kanpur. The biometric passport has been verified with passport readers abroad and is noticed to have a minimal 4 second response time which is less than that of a U.S. Passport which takes almost 10 seconds as response time. India has also given a contract to TCS for allotting e-passports by opening 77 special centers across the country. By region, Europe leads the global e-passport market with multiple countries especially Spain, Italy, Netherlands, Germany & France each issuing more than one million e-passports in the past year. Soon Europe will be challenged by the Asia Pacific, which is expected to issue over 55 million e-passports in 2016 alone, signifying over 40.0 % of the global share. India and Japan are leading the Asia Pacific each with over 20 million e-passports issued till date. According to ICAO, India rolled out over 12 million e-passports in the past year as compared to Japan’s 4 million e-passports. Indian and Japan are followed by the Philippines with around 12 million e-passports issued till date, followed by Australia with approximately 11 million. Many states in South America, Africa and Central America have yet to commit to the new technology, though various major countries including South Africa and Mexico are amongst the 21 nations registered by ICAO as “pending” for e-passport dispositions. There are still some nations around the world that are not yet allotting e-passports. Though, most have started issuing e-passports. The other nations which are planning to issue e-passports in the near future include Kenya, Jamaica, Cameroon, Armenia, Bahrain, China, Columbia, Lebanon, Saudi Arabia, Israel, Uzbekistan and Oman. See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/computing-and-technology Market Segment: This report studies the global E-Passport market, analyzes and researches the E-Passport development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • USA • Japan • Germany
• UK • France • China • Korea • Mexico • Brazil • Argentina Market segment by Regions/Countries, this report covers • United States • EU • Japan • China • India • Southeast Asia Market segment by Application, E-Passport can be split into • Travel • Business Browse Full Research Report @ https://www.millioninsights.com/industry-reports/e-passport-market
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