As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global E-Passport Market: By Type: Radio Frequency Identification, Biometrics; By Application: Leisure Travel, Business Travel; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global E-Passport Market Outlook

The global e-passport market reached a value of nearly USD 21.4 billion in 2020. The industry is expected to grow at a CAGR of about 23% in the forecast period of 2022-2027 to reach a value of approximately USD 74 billion by 2026.

 

Global E-Passport Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Europe is a leading e-passport market as the region deploys e-passports on a larger scale. The rising acceptance of e-passport in countries like the United Kingdom is expected to drive the industry in the coming years. Recently, the United Kingdom enabled visitors from countries like Australia, Japan, New Zealand, Singapore, South Korea, Canada, and the United States to use the e-passport gates for swifter entry into the country. The e-passport market in Europe is expected to be aided by the rising adoption of multimodal biometric identification. The use of multiple biometric identifiers, including fingerprints, iris, and face, to confirm authentication is called multimodal biometric identification. As a result, multimodal biometrics can provide enhanced security layers and help to overcome the error rates of normal biometrics.

Due to the technological advancements taking place in biometrics, the segment is growing at a faster rate as compared to radio frequency identification. Radio frequency identification, however, is still expected to grow at a positive rate in the coming years with the adoption of e-passport by many emerging markets. Leisure travel is one of the leading application sector for e-passport.

The e-passport market is being significantly driven by the rising urbanisation and globalisation across all the major regions. The growing urbanisation and globalisation have led to an increased number of passengers travelling by air, especially in developing countries like India, China, and Indonesia. The Asia Pacific region is likely to emerge as one of the leading s by the end of 2026. This rise in the number of passengers has significantly aided the e-passport market demand. Multiple countries are planning to introduce e-passport smart gates at airports, which can simplify the identification of the passengers and, thus, the immigration process. With e-passports expected to be introduced in countries like Bangladesh and India, the industry is expected to be further propelled forward in the Asia Pacific region.

 

Properties and Applications

The e-passport features an electronic chip, which includes the same information that is written on the passport data page: the name of the applicant, the date of birth, and other biographical information. The e-passport also includes a biometric identifier.

 

Global E-Passport Market By Application

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The two types of e-passport are:

  • Radio Frequency Identification
  • Biometrics

The application sector can be divided into the following:

  • Leisure Travel
  • Business Travel

The regional e-passport markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global E-Passport Market By Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Analysis

The global e-passport market is being driven by the rising identity thefts and frauds. The rising demand for increased security is driving the demand for e-passport further. The rising cases of visa and passport frauds is another factor, which is driving the demand for e-passports. These e-passports will eventually help in reducing the transborder crimes and illegal immigration. Illegal immigration increases the threat to the security of the nation and the citizens; thus, the security at the border needs to be tightened. The e-passports will help ease the identification process and lower the fraud rates.

Long hours of waiting at the security check point has led to an increased need of e-passports. Thus, the demand for e-passports is also being aided by the need for faster and easier security checks at the airports. The demand for e-passports is also being supported by its cost-effectiveness, as they would be cheaper alternative to the printed passports and any changes can be made easily. These are also the preferred alternatives over the regular passports because they would not get old and cannot be lost or spoiled. The renewal process of these e-passports would also be much easier than the regular passports, making them a preferred alternative among the prospective consumers.

The advanced and developed infrastructure of the airports also demand a better and advance security check up system, which is expected to drive the industry growth of e-passports in the coming years. The growing air traffic is another factor driving the demand growth forward.

 

Competitive Landscape

April 2018- Gemalto N.V. (OTCMKTS: GTOMY), one of the leading digital security company, was awarded with the contract of designing and manufacturing the United Kingdom passport by the passport office.

The report gives a detailed analysis of the following key players in the global e-passport market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • CardLogix Corporation
  • Eastcompeace Technology Co., Ltd.
  • Entrust Corporation
  • Thales Group
  • HID Global Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region
Breakup by Type Radio Frequency Identification, Biometrics
Breakup by Application Leisure Travel, Business Travel
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered CardLogix Corporation, Eastcompeace Technology Co., Ltd., Entrust Corporation, Thales Group, HID Global Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global E-Passport Market Analysis

    8.1    Key Industry Highlights
    8.2    Global E-Passport Historical Market (2017-2021) 
    8.3    Global E-Passport Market Forecast (2022-2027)
    8.4    Global E-Passport Market by Type
        8.4.1    Radio Frequency Identification
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Biometrics
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global E-Passport Market by Application
        8.5.1    Leisure Travel
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Business Travel
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global E-Passport Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    CardLogix Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Eastcompeace Technology Co., Ltd.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Entrust Corporation
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Thales Group
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    HID Global Corporation
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global E-Passport Market: Key Industry Highlights, 2016 and 2026
2.    Global E-Passport Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global E-Passport Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global E-Passport Historical Market: Breakup by Application (USD Billion), 2017-2021
5.    Global E-Passport Market Forecast: Breakup by Application (USD Billion), 2022-2027
6.    Global E-Passport Historical Market: Breakup by Region (USD Billion), 2017-2021
7.    Global E-Passport Market Forecast: Breakup by Region (USD Billion), 2022-2027
8.    North America E-Passport Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    North America E-Passport Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Europe E-Passport Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Europe E-Passport Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Asia Pacific E-Passport Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Asia Pacific E-Passport Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Latin America E-Passport Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Latin America E-Passport Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Middle East and Africa E-Passport Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Middle East and Africa E-Passport Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Global E-Passport Market Structure

Analyst Review

The global e-passport market attained a value of USD 21.4 billion in 2020. It is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 23%. The e-passport market is projected to reach USD 74 billion by 2026.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its types, the e-passport market can be segmented into radio frequency identification and biometrics, with biometrics accounting for the largest market share. On the basis of application, leisure travel sector accounts for the largest share in the global industry. The major regional markets for e-passport are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market. The key players in the above industry include Cardlogix Corporation, Eastcompeace Technology Co. Ltd., Entrust Datacard Corporation, Gemalto N.V., Hid Global Corporation, Infineon Technologies Ag, Mühlbauer Group, Atlantic Zeiser, PrimeKey, Arjo Systems, Entrust, and Multos International.

The major drivers of the industry such as rising disposable incomes, increasing population, rising cases of identity thefts and frauds, rising demand for increased security, and the developed infrastructure of the airports, are expected to aid the industry growth. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected market conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:

  • How has the e-passport market performed in the previous years (2017-2021)?
  • What is the forecast assessment of the e-passport market for 2022-2027?
  • What are the major market drivers and constraints?
  • What are the major demand indicators of the e-passport market?
  • Who are the key players in the global e-passport market?
  • What is the degree of competition in the global e-passport market?
Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER