The Latest Market Research Study on “Global E-passport Market” is now released to provide a detailed overview of hidden gems performance analysis in recent years. The study covers an in-depth overview of market dynamics, segmentation, product portfolio, business plans, and the latest developments in the industry. Staying on top of market trends & drivers always remains crucial for decision-makers and marketers to keep a hold of developing opportunities.
Some of the major players such as Thales Group (France), HID Global Corporation (United States), IDEMIA (France), Giesecke+Devrient GmbH (Germany), Bundesdruckerei GmbH (Germany), Morpho (Safran Identity & Security) (France)), Eastcompeace Technology Co., Ltd. (China), Mühlbauer Holding AG & Co. KGaA (Germany), Oberthur Technologies Group S.A.S (France), Safran U.S.A. Inc. (United States), Veridos GmbH (Germany), NEC Corporation (Japan)
According to HTF Market Intelligence, the E-passport Market is Anticipated to grow at a CAGR of 25.9% during the forecast period.
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E-passport Market Overview
E-Passports are used to validate the identity of a passenger during international travels by storing information about the passengers on a smart chip authenticated by public key infrastructure which accepts a digital signature and unique identification code thus, reducing the threat of data alteration and duplication. Some of the biometric techniques used in e-passport are thumbprint, iris, and facial recognition Increase in illegal immigration, thefts, and fraudulent activities fuel e-passport market. Additionally, e-passport provides faster verification of individual and security checks at airports. Rising adoption in key countries to regulate the safety of residents.
E-passport Market Competitive Landscape & Company Profiles
The Company’s Coverage aims to innovate to increase efficiency and product life. The long-term growth opportunities available in the sector are captured by ensuring constant process improvements and economic flexibility to spend in the optimal schemes. Company profile section of players such as Thales Group (France), HID Global Corporation (United States), IDEMIA (France), Giesecke+Devrient GmbH (Germany), Bundesdruckerei GmbH (Germany), Morpho (Safran Identity & Security) (France)), Eastcompeace Technology Co., Ltd. (China), Mühlbauer Holding AG & Co. KGaA (Germany), Oberthur Technologies Group S.A.S (France), Safran U.S.A. Inc. (United States), Veridos GmbH (Germany), NEC Corporation (Japan) includes its basic information like company legal name, website, headquarters, subsidiaries, market position, history, and 5 closest competitors by Market capitalization/revenue along with contact information.
Market Trends:
Increasing Adoption of E-Passport as a Secure Travel Document.
Market Drivers:
Emphasizing on Innovative Verification Techniques to Detect Identity Frauds
Rise in Number of Cross Border Air Travelers
Market Opportunities:
The emergence of Wireless Communication Technology
Development in Advanced Airport Infrastructure
Target Audience:
Analysts and Strategic Business Planners
New Entrants and Investors
Government Bodies
Others
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E-passport Market: Segmentation
The E-passport Market is Segmented by Application (Regular passports, Official passports, Diplomatic passports, Service passports, Others) by Travel (Business, Leisure, Education, Other) by Technology (Radiofrequency Identification (RFID), Biometrics) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
E-passport Market – Geographical Outlook
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Key Questions Answered with this Study
1) What makes Global E-passport Market feasible for long-term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see a steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for products/services?
5) What opportunity emerging territory would offer to established and new entrants in Global E-passport market?
6) Risk side analysis connected with service providers?
7) How influencing are factors driving the demand of Global E-passport in the next few years?
8) What is the impact analysis of various factors in the Global E-passport market growth?
9) What strategies of big players help them acquire a share in a mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Global E-passport Market?
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