E-Passport and E-Visa Market Research Report by Forecast to 2023

Posted May 4, 2020 by son1ane

Global E-Passport & E-Visa Market Research Report — By Type (Biometrics, RFID), By Application (Leisure Travel, Business Travel, Identification)
E-Passport & E-Visa Market Highlights:
The research conducted by Market Research Future (MRFR) focuses on the growth scope of the market for E-Passport and E-Visa 2020 on the basis of the exhaustive analysis of the latest trends. MRFR anticipates modest gains for the market and expects it to progress at a decent rate during the forecast timeframe (2017 to 2023).

Following a series of terrorist attacks in the past few decades, ePassport and eVisa are being viewed as a foundation for global security. ePassports and eVisas have become mainstream and have also given rise to a sustainable multi-billion-dollar market that is expected to fundamentally transform the worldwide border and travel control infrastructure. They also promptly deliver on the promise of creating a consistent, secure, and highly reliable identification infrastructure.

The marketplaces for E-Passport & E-Visa Market Share involve the credentialing, verification and enrollment processes along with solutions integration as well as related physical and logical technology that deploy and leverage biometric technology. The requirements as well as processes vary from country to country, as they employ a varying levels of automation. The intense efforts and increasing investments for building smart borders as well as smart airports to facilitate fast and secure travel have pushed the demand for ePassports and eVisas, benefitting the market.

Increasing number of identity frauds, surge in advanced airport infrastructure, growth in air traffic and supportive regulatory structure bolster the market growth to a large extent. The ability of e-passport to facilitate quicker security checks as well as verification of passengers at airports and international borders along with the rising adoption by various countries to elevate safety of citizens and lower the chances of visa fraud can significantly boost the demand for E-passport market.

Access Report Details @ https://www.marketresearchfuture.com/reports/e-passport-e-visa-market-6110

Leading Contenders:
The leading contenders in the e passport and e visa market are Datacard group (U.S), Iris Corporation (Malaysia), Cardlogic limited (Ireland), Muehlbauer group (Malaysia), 4G identity solutions private limited (U.A.E), Eastcompeace (China), Oberthur Technologies (France), Safran identity and security (France), HID Global Corporation (U.S), Gemalto NV (the Netherlands), Giesecke&Devrient limited (Germany), and others.

Other vendors that are also responsible for the market growth are Morpho B.V- Idemia (France) Cardlogix Corporation (U.S), Infineon Technologies (Germany), to name a few.

Market Segmentation:
• The market segmentation for ePassport and eVisa includes type, application and hardware components.
• The types identified in the report are Biometrics as well as RFID. The biometrics segment can be dissected into fingerprint recognition, iris recognition and facial recognition.
• The application-wise market segments are Travelling (Business travel, foreign affairs and Leisure Travel), immigration/border control and identification/proof.
• The hardware components covered are antenna, processor/chip, others.

Regional Analysis:
The market for e-Passport & e-Visa is advancing at a tremendous pace and can note varying levels of growth in the primary regions of Asia Pacific (APAC), Europe, North America, and the rest of the world (RoW).

Europe can be the dominant market for e-Passport & e-Visa in the approaching years, since countries like the UK, France and Germany are known for their willingness to fast adopt latest technologies, such as biometric for purposes like airport security, border control, law enforcement and identity security. In addition, the surge in the number of biometric visa programs, the scope of travelers to the regions is expected to increase in the following years.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
-- END ---
Contact Email [email protected]
Issued By MRFR
Business Address Market Research Future Office No. 524/528,
Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028 Maharashtra, India +1 646 845 9312
Country India
Categories Business
Tags Global E-Passport & E-Visa Market
Last Updated May 4, 2020