E-passport Market Global Trends with Industry Growth to 2027 – CardLogix, De La Rue, Eastcompeace Technology, Entrust Datacard, HID Global, IDEMIA, Infineon, Mühlbauer, Safran, Thales

An e-passport is the digital form of the passport which holds the same information that is printed on the passport page such as the name of the holder, date of birth, and other information. Growing advanced verification processes to detect identity frauds and the need for enhanced security is driving the growth of the E-passport market. Moreover, E-passport provides faster verification and security checks at international borders and airports that result in saving time, cost, and reduce frauds, thus the rise in adoption of E-passport that propelling the growth of the E-passport market.

Technological advancement, increasing digitalization, presence of advanced airport infrastructure facilities and rise in the number of people traveling to cross-border are boosting the growth of the E-passport market. However, high costs associated with E-passport may hamper the growth of the market. Furthermore, E-passport more secure than traditional paper technology and it reduces the risk of data alteration and duplication, thus gaining popularity of E-passport across the globe which provides a lucrative opportunity for the market player of the E-passport market.

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The reports cover key developments in the E-passport market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from E-passport market are anticipated to lucrative growth opportunities in the future with the rising demand for E-passport market in the global market.

Key Players Influencing the Market

  • CardLogix Corporation
  • De La Rue plc
  • Eastcompeace Technology Co., Ltd
  • Entrust Datacard Corporation
  • HID Global Corporation
  • IDEMIA
  • Infineon Technologies AG
  • Mühlbauer Group
  • Safran Group
  • Thales Group

The “Global E-passport Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of E-passport market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global E-passport market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading E-passport market players and offers key trends and opportunities in the market.

The global E-passport market is segmented on the basis of technology, application. On the basis of technology the market is segmented as radio frequency identification (RFID), biometrics. On the basis of application the market is segmented as leisure travel, business travel.

Besides this, the report analyzes factors affecting E-passport market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global E-passport Market report.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global E-passport market based on the type and application. It also provides market size and forecast till 2027 for overall E-passport market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Answers that the report acknowledges:

  • Market size and growth rate during forecast period.
  • Key factors driving the E-passport Market.
  • Key market trends cracking up the growth of the E-passport Market.
  • Challenges to market growth.
  • Key vendors of E-passport Market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global E-passport Market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.

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