E-Passport Market 2023-2028, Share, Size, Growth, Top Companies And Forecast blog by rozer smith

E-Passport Market 2023-2028, Share, Size, Growth, Top Companies And Forecast
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IMARC Group, a leading market research company, has recently releases report titled “E-Passport Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global E-passport market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the E-passport market?

The global E-passport market size reached US$ 25.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.9 Billion by 2028, exhibiting a growth rate (CAGR) of 13.4% during 2023-2028.

What is E-passport?

The electronic passport (e-passport), also known as a biometric passport, is a chip-enabled passport with a biometric identification card strengthening the transparency and security of travel documents. It also involves demographic information, iris scans, color photograph, and the digital signature of the holder. It relies on contactless smart card technology consisting of a computer chip or microprocessor chip, such as radio-frequency identification (RFID) chips, which are inserted in the front and back cover of the passport. It offers less processing time and greater data storage capacity. It is scanned through special devices that are more effective against passport fraud as compared to conventionally used passports.

Request for a free sample copy of this report: https://www.imarcgroup.com/e-passport-market/requestsample

What are the growth prospects and trends in the E-passport industry?

Considerable growth in the travel and tourism sector and increasing traveling activities represent one of the major factors positively influencing the demand for e-passports around the world. In addition, the rising number of cross-border activities is driving the need for e-passports to detect fraud and secure the personal information of travelers, which is contributing to the market growth. Furthermore, the growing awareness among individuals about the benefits of using e-passports is driving the market. Apart from this, there is an increase in the integration of machine learning (ML) and artificial intelligence (AI) in e-passports to enhance security at airport terminals, which is offering lucrative growth opportunities to key players in the industry.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Technology:

Radio Frequency Identification (RFID)
Biometric

Breakup by Security:

Basic Access Control
Password Authenticated Connection Establishment
Supplemental Access Control
Extended Access Control

Breakup by Application:

Leisure Travel
Business Travel

Breakup by Geography:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

4G Identity Solutions Private Limited (Goldstone Technologies Ltd.)
CardLogix Corporation
Entrust Corporation
HID Global Corporation (Assa Abloy AB)
IDEMIA
Infineon Technologies AG
Mühlbauer Group
Primekey Solutions AB (Keyfactor)
Thales Group.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=6000&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Comments

By evpen 5 months ago

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nice info

By CiVault 5 months ago

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Looking forward is expected to grow at a higher rate during the forecast period opportunity between 2023 and 2031 increase in the deployment verification systems and the growing incorporation. Business listings

By ricardo 5 months ago

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This is interesting. Does anyone know where I can buy a good quality fake ID?

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