Members

E-passport and E-visa Market Business Opportunities, Overview, Component, Market Revenue and Forecast

Market Overview

The research conducted by Market Research Future (MRFR) focuses on the growth scope of the market for E-Passport and E-Visa 2027 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 (2020 to 2027).

Growth Boosters and Main Restraints

Following a series of terrorist attacks in the past few decades, ePassport and eVisa are being viewed as a foundation for global security. E-Passport and E-Visa Market Size 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 and E-visa 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.

Get a Free Sample @

https://www.marketresearchfuture.com/sample_request/6110

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.

APAC, with its extensive population and rapid economic growth, is expected to perform significantly over the next few years. The governments of India and Bangladesh are in the process of introducing e-passport and e-visa services in more location in order to curb the hassles that arise from document processing at airports. The growing implementation of border control technology can also back the region’s security measures at departure terminals, driving the demand for e-passport and e-visa market.

E-Passport And E-Visa Market Recent Developments


Travel data including visas and travel stamps are physically entered into the document pages and visa and travel records should be manually checked. Recognizing this major limitation, the International Civil Aviation Organization’s (ICAO) New Technologies Working Group (NTWG) has assigned a sub-group to explore the policy followed by the technical framework for the next generation of machine-readable passports.
The governments of the APAC region like Bangladesh and India are planning to introduce e-passport and e-visa services to reduce the hassles associated with document processing at various airports. The implementation of border control technology will further, help and aid the country’s national security measures at departure terminals.
Some of the prominent players in the market include Infineon Technologies (Germany), Morpho B.V- Idemia (France) Cardlogix Corporation (U.S) that are increasing their investment for funding of the market.
E-Passport Market Competitive Landscape
The prominent players in the market of e-passport and e-visa are mentioned as follows:

Cardlogic Limited (Ireland)
Gemalto NV (the Netherlands)
4G identity solutions private limited (U.A.E)
Giesecke & Devrient limited (Germany)
Iris Corporation (Malaysia)
HID Global Corporation(U.S)
Safran identity and security (France)
Datacard Group (U.S)
Muehlbauer group (Malaysia)
Oberthur Technologies (France)
Eastcompeace (China)
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.

Browse Complete Report @
https://www.marketresearchfuture.com/reports/e-passport-e-visa-mark...

E-passport and E-visa Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030

Read More Trending Articles
Software Defined Networking Market
Managed DNS Services Market
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.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com

Views: 2

Comment

You need to be a member of On Feet Nation to add comments!

Join On Feet Nation

© 2024   Created by PH the vintage.   Powered by

Badges  |  Report an Issue  |  Terms of Service