+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

E-Passport Market Report and Forecast 2023-2028

  • PDF Icon

    Report

  • 173 Pages
  • October 2023
  • Region: Global
  • Expert Market Research
  • ID: 5897925
According to the report, the global e-passport market is projected to grow at a CAGR of 13.4% between 2023 and 2028 to reach a value of USD 56.9 billion by 2028. Aided by the growing emphasis on enhancing security measures and the modernisation of immigration controls, the market is expected to grow significantly by 2028.

E-passports, also known as biometric passports, are integrated with an electronic microprocessor chip. This chip contains the holder's biographical information and biometric identifiers such as facial recognition data, fingerprints, and iris scans. By using this technology, e-passports significantly enhance the security features of traditional passports, making forgery and tampering exceedingly challenging.

The mounting concerns regarding identity theft, illegal migration, and national security threats have led nations across the globe to transition from traditional paper-based passports to their electronic counterparts. These modern e-passports come equipped with advanced cryptographic techniques, ensuring that the data stored is secure and that the passport is authentic.

The rise in international travel has also been a major contributor to the e-passport market growth. As the volume of travellers increases, there's a pressing need for countries to expedite immigration procedures without compromising security. The e-passport, with its advanced verification features, offers a solution, allowing for quicker border crossings while ensuring rigorous identity checks.

Additionally, the integration of smart technology in governance and public services, often under the umbrella term of 'Smart Cities', has seen a surge in recent years. E-passports fall in line with this trend, representing a shift towards technologically advanced, efficient, and secure public service solutions.

Regionally, Europe accounts for a significant portion of the e-passport market share, driven by stringent regulations and a collaborative approach among European Union member states. Asia-Pacific, with its rapidly growing economies and burgeoning middle class increasingly inclined towards international travel, is also witnessing a spike in demand for e-passports. Countries like India, Japan, and Australia have already initiated or are in advanced stages of rolling out e-passport systems.

Technology providers and companies specialising in security solutions are playing a pivotal role in shaping the e-passport market outlook. As nations look to upgrade their immigration systems, collaborations between governments and tech firms are becoming increasingly common. These partnerships aim to ensure that the e-passports are not only secure but are also equipped with the latest technological advancements, ensuring their relevance and efficacy for years to come.

Market Segmentation

The market can be divided based on type, application, and region.

Market Breakup by Type

  • Radio Frequency Identification
  • Biometrics

Market Breakup by Application

  • Leisure Travel
  • Business Travel

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global e-passport market.

Some of the major players explored in the report are as follows:

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

About the Analyst

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

These high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of these reports today.

The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 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 Opportunities and Challenges in the Market
8 Global E-Passport Market Analysis
8.1 Key Industry Highlights
8.2 Global E-Passport Historical Market (2018-2022)
8.3 Global E-Passport Market Forecast (2023-2028)
8.4 Global E-Passport Market by Type
8.4.1 Radio Frequency Identification
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Biometrics
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global E-Passport Market by Application
8.5.1 Leisure Travel
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Business Travel
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global E-Passport Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America E-Passport Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe E-Passport Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific E-Passport Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America E-Passport Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa E-Passport Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 CardLogix Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Eastcompeace Technology Co., Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Entrust Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Thales Group
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 HID Global Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global E-Passport Market: Key Industry Highlights, 2018 and 2028
2. Global E-Passport Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global E-Passport Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global E-Passport Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global E-Passport Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global E-Passport Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global E-Passport Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America E-Passport Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America E-Passport Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe E-Passport Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe E-Passport Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific E-Passport Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific E-Passport Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America E-Passport Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America E-Passport Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa E-Passport Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa E-Passport Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global E-Passport Market Structure

Companies Mentioned

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

Methodology

Loading
LOADING...

Table Information