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Global E-passport Market Segments by Technology (Radio Frequency Identification (RFID) and Biometric) ; By Application (Leisure and Business Travel) ; By Hardware (Antenna, Processor/Chip) and Region - Global Analysis of Market Size, Share & Trends for 2019 - 2020 and Forecasts to 2030

Publisher Name :
Date: 01-Aug-2021
No. of pages: 161

Product Overview

Additional protection layer not found in standard passports is provided by e-passport often referred t- as biometric passports. This relates t- a person's biometric details contained in an electronic chip within the passport of the client. An e-passport has an E-Chip that has the same data as the bearer's name, birth date, and any other biographical details on the passport tab. E-passports are used mostly t- validate a traveler's identity on foreign flights. The main biometric methods included in this application include fingerprint, face, and iris recognition.

Market Highlights

Global E-passport Market is expected t- project a notable CAGR of 22.69% in 2030.

Global E-passport Market t- surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 22.69% in the coming years, i.e., 2021-30. The growing need t- improve passport protection t- address the economic danger of identity fraud is fueling the growth of the e-passport market in particular. Increased global travel demands a high degree of protection for both business and pleasure purposes. Standard passports that d- not have biometric capabilities risk traveling on foreign flights t- illegal passengers. Such ill-intentioned passengers are at risk of obstructing passengers' safety on the air. E-passport is thus a secure solution t- avoid such situations, which fuels the demand for e-passports.

Global E-Passport Market: Segments

Biometric segment t- grow with the highest CAGR during 2020-30

Global E-passport Market is segmented by technology int- radi- frequency identification (RFID) and biometric. The Biometric, segment held the largest market share of XX.X% in the year 2020 due t- its intensifying use in the end-user vertical. Standard passports that d- not have biometric capabilities have risk traveling on foreign flights t- illegal passengers. Such ill-intentioned passengers run the risk of hampering passenger's in-flight safety. Biometrics are a trustworthy measure t- avoid such scenarios, thus driving this segment.

Leisure segment t- grow with the highest CAGR during 2020-30

Global E-passport Market is divided

By Application int- Leisure and business travel. The biofuel Leisure segment held the largest market share in the year 2020 and will continue t- dominate the market in the coming years.

Global E-Passport Market Dynamics

Drivers

Increased leisure and business travel

Growing need t- improve passport protection t- address the economic danger of identity fraud is fueling the growth of e-passport market in particular. Increased global travel demands a high degree of protection for both business and pleasure purposes. Standard passports that d- not have biometric capabilities risk traveling on foreign flights t- illegal passengers. Such ill-intentioned passengers are at risk of obstructing passengers' safety on the air.

Surge in thefts

Boost in the e-passport market is due t- surge in thefts, illegal immigration, and transborder crimes. In addition, e-passports are capable of ensuring faster safety checking and inspections at airports and at international borders, and increased adoption by many countries t- boost citizens' safety, decreased passports rates, strengthen the visa market demand for e-passports.

Restraint

Lack of awareness regarding E-passport Market existence

The high initial implementation costs and cost-effective e-passport availability could hinder the growth on the market. Most key players restrict themselves due t- high initial costs and thus limiting the market growth.

Global E-Passport Market: Key Players

Atlantic Zeiser

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Arj- Systems

PrimeKey

ASK

Muhlbauer Group

Entrust

Gemalto

Safelayer S.A. Savvy players

Oberthur

Multos International

M2SYS

Kona I

Edaps Overseas

Other Prominent Players

Global E-passport Market: Regions

Global E-passport Market is segmented based on regional analysis int- five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global E-passport in Europe held the largest market share of XX.X% in the year 2020. During the projected timeline Europe is projected t- dominate over e-Passport & e-Visa. Early investors of biometrics for different purposes such as border control, airport management, identification, and compliance have been European nations, including Germany, the United Kingdom, and France. During the projected timeframe, e-passports and e-visa markets are expected t- increase in the Asia Pacific region. Bangladesh's and India's governments aim t- implement e-passports and e-visa facilities t- mitigate the problems of airport document processing. Implementing border control technology would als- help national departure terminal safety initiatives in the region.

Global E-passport Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - North Africa, Israel, GCC, South Africa and Rest of MENA

Global E-passport Market report als- contains analysis on:

E-passport Market Segments: into

By Technology

Radiofrequency identification (RFID)

Biometric

By Application Type

Leisure

Business travel

Identification/Proof

Immigration/Border Control

By Hardware

Antenna

Processor/Chip

E-passport Dynamics

E-passport Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Global E-passport Market Segments by Technology (Radio Frequency Identification (RFID) and Biometric) ; By Application (Leisure and Business Travel) ; By Hardware (Antenna, Processor/Chip) and Region - Global Analysis of Market Size, Share & Trends for 2019 - 2020 and Forecasts to 2030

Table of Contents

1. Executive Summary
2. Global E-Passport Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global E-Passport Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global E-Passport Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global E-Passport Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By technology: Market Share (2020-2030F)
1. Radiofrequency identification (RFID), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Biometric, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By application Type: Market Share (2020-2030F)
1. Leisure, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. business travel, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. By Hardware: Market Share (2020-2030F)
1. Antenna, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Processor/Chip, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030
Company Profile
1. Atlantic Zeiser
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Arjo Systems
3. PrimeKey
4. ASK
5. Muhlbauer Group
6. Entrust
7. Gemalto
8. Safelayer S.A. Savvy players
9. Oberthur
10. Multos International
11. M2SYS
12. Kona I
13. Edaps Overseas
14. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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