Key Highlights
• An electronic passport, sometimes known as an e-passport, is a cutting-edge travel document with inbuilt digital capabilities that improve security and simplify international travel procedures. It incorporates a microprocessor chip that saves additional data along with the same information found on a regular paper passport, such as the holder's name, address, and photo. This chip securely saves biometric data, including facial recognition and fingerprint data, allowing for more precise identification verification of the passport bearer. E-passports provide automatic validation at immigration checkpoints, facilitating speedier and more secure border crossings. They are a reaction to the changing issues with international security, identity theft, and the demand for effective travel management. E-passports are essential for improving the efficiency of border controls and ensuring a smooth and secure travel experience.
• The market size of the worldwide Electronic Passport Market surpassed USD XX billion in 2022, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.
• In October 2019, IDEMIA, a renowned provider of augmented identity solutions, offers cutting-edge solutions that improve security and enable quick and flexible authentication procedures. In particular for applications like e-passports and e-visas, this collaboration was formed to build biometric smart cards that ensure safe identification and authentication. The goal of IDEMIA and IDEX Biometrics was to create creative solutions that improve the security and dependability of these crucial identifying documents by utilizing their respective areas of expertise.
• The e-passport and e-visa industry has undergone a radical change as a result of technological development and digitalization, which has also revolutionized the issuance, processing, and verification of travel documents. These developments have brought about cutting-edge solutions that improve security, streamline procedures, and benefit both travellers and government officials. Additionally, the availability of smartphone applications for managing e-passports and e-visas has given travellers more autonomy over their travel papers. Users may quickly produce their documents at immigration checkpoints, receive real-time notifications, and access and update their digital passports and visas through specialized smartphone apps, all without the need for physical copies. The integrity and confidentiality of e-passport and e-visa data have been protected through the use of cutting-edge encryption and security mechanisms. Block chain and other cutting-edge technologies have become potent instruments for providing safe data storage, tamper-proof document verification, and preventing unauthorized changes or duplications. Self-service kiosks with sophisticated document scanning and verification capabilities have been installed at airports and other entry points as governments and travel agencies embrace digitization. By facilitating quick and automated document inspections, these kiosks shorten wait times and enhance the traveling experience. Self-service kiosks with sophisticated document scanning and verification capabilities have been installed at airports and other entry points as governments and travel agencies embrace digitization.
Scope of the Industry Profile
Key Players
• Entrust Corporation (US)
• 4G Identity Solutions Private Limited (Goldstone Technologies Ltd.) (India),
• CardLogix Corporation (US)
• Entrust Corporation (US)
• HID Global Corporation (US)
• CEPP (Norway)
• Infineon Technologies AG (Germany)
• Mühlbauer Group (Germany)
• Primekey Solutions AB (Europe)
• Thales Group (France)
Segmentation
By Security
• Basic Access Control
• Password Authenticated Connection Establishment
• Supplemental Access Control
• Extended Access Control
By Technology
• Radio Frequency Identification
• Biometric
By Application
• Leisure Travel
• Business Travel
What to Expect from Industry Profile
1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Electronic Passport market in the world.
2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Electronic Passport market.
3. Leading company profiles reveal details of key Electronic Passport market players’ global operations, strategies, financial performance & their recent developments.
4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Electronic Passport market with forecast for decade by both market share (%) & revenue (USD Million).
Recent Development
• In June 2014, In order to provide e-passport services globally, Gemalto, a provider of digital security solutions, and Veridos, a supplier of identification solutions, teamed up. With this agreement, they hoped to better e-passport security and functionality by pooling their knowledge of secure document technology.
• In October 2019, IDEMIA, a renowned provider of augmented identity solutions, offers cutting-edge solutions that improve security and enable quick and flexible authentication procedures. In particular for applications like e-passports and e-visas, this collaboration was formed to build biometric smart cards that ensure safe identification and authentication. The goal of IDEMIA and IDEX Biometrics was to create creative solutions that improve the security and dependability of these crucial identifying documents by utilizing their respective areas of expertise.
Segment Insights
By Technology
The market was dominated by the biometrics sector because of the high level of security, practicality, and acceptance it has. Technology developments combined with the precision and effectiveness of biometric authentication have made biometrics the primary way for confirming identity in travel papers. The dominance of the biometrics market is anticipated to persist as long as there is a desire for safe and efficient travel procedures.
By Application
The dominance of the Leisure Travel segment is anticipated to endure as governments around the world continue to concentrate on improving their border control capabilities, increasing demand for improved e-passport and e-visa solutions. Due to its crucial role in guaranteeing border security, the huge volume of transactions, the stringent regulatory requirements, and the cooperation between governments and technology providers, the Leisure Travel segment dominated the market..
Regional Insights
In the Asia Pacific region, demand for Electronic Passports (e-passports) is rising as a result of various factors. By adding biometric information, such as fingerprints and face recognition, e-passports improve security and streamline immigration procedures, helping to thwart identity fraud and unauthorized border crossings. The demand for effective and secure border control systems has expanded as a result of the region's rising economies, growing population, and more international travel. E-passports also support easy integration into global travel networks and are compliant with international security standards. Additionally, the adoption of contactless technology has accelerated due to increased public health worries, such as the COVID-19 pandemic, making e-passports a desirable choice. The aforementioned factors are expected to drive the market in the foreseen period.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definitions
1.2.1 Inclusions & Exclusions
1.2.2 Region: Inclusions & Exclusions
1.2.3 Study Scope
1.2.3.1 Markets Covered
1.2.3.2 Regional Scope
1.2.3.3 Years Considered
1.2.4 Currency Considered
1.2.5 Limitations
1.2.6 Summary Of Report (Chapter Wise Summary)
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary & Primary Research
2.1.2 Secondary Data
2.1.2.1 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Sources
2.2 Market Breakdown & Data
Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 EXECUTIVE SUMMARY
4 ACROSS THE GLOBE
4.1 Upcoming Attractive Market
Opportunities
4.2 Country Wise Market Growth
4.3 Segment Wise Market Growth
5 MARKET OVERVIEW
5.1 Market Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 PORTOR’S Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Market Premium insights (Enterprise
license)
5.4.1 Case Study Analysis
5.4.2 Country Wise Import & Export Data (If
Applicable)
5.4.3 Regulatory Bodies & Authorization
Across the Globe
5.4.4 Key Conferences & Events: 2022 &
2023
5.4.5 Top Patents for The Market: 2022
6 ELECTRONIC PASSPORT
MARKET OVERVIEW, BY TECHNOLOGY
6.1 Global Market Revenue & Share
Analysis, By Technology
6.1.1 Radio Frequency Identification
6.1.2 Biometric
6.2 Global Market Revenue & Share
Analysis, 2018 – 2022
6.3 Global Market Revenue & Share
Forecast Analysis, 2023 – 2032
6.4 Key Takeaways
7 ELECTRONIC PASSPORT
MARKET OVERVIEW, BY APPLICATION
7.1 Global Market Revenue & Share
Analysis, By Application
7.1.1 Leisure Travel
7.1.2 Business Travel
7.2 Global Market Revenue & Share
Analysis, 2018 – 2022
7.3 Global Market Revenue & Share
Forecast Analysis, 2023 – 2032
7.4 Key Takeaways
8 ELECTRONIC
PASSPORT MARKET OVERVIEW, BY SECURITY
8.1 Global Market Revenue & Share
Analysis, By Security
8.1.1 Basic Access Control
8.1.2 Password Authenticated Connection
Establishment
8.1.3 Supplemental Access Control
8.1.4 Extended Access Control
8.2 Global Market Revenue & Share
Analysis, 2018 – 2022
8.3 Global Market Revenue & Share
Forecast Analysis, 2023 – 2032
8.4 Key Takeaways
9 ELECTRONIC PASSPORT
MARKET OVERVIEW, BY REGION
9.1 Global Market Revenue & Share
Analysis, By Region
9.1.1 North America
9.1.2 Europe
9.1.3 Asia Pacific
9.1.4 Middle East & Africa
9.1.5 South America
9.2 Global Market Revenue & Share
Analysis, 2018 – 2022
9.3 Global Market Revenue & Share
Forecast Analysis, 2023 – 2032
9.4 Key Takeaways
10 NORTH
AMERICA MARKET ANALYSIS
10.1 North America Market Revenue & Share
Analysis, By Technology
10.2 North America Market Revenue & Share
Analysis, By Application
10.3 North America Market Revenue & Share
Analysis, By Security
10.4 North America Market Revenue & Share
Analysis, By Country
10.4.1 US
10.4.2 Canada
10.4.3 Mexico
10.5 Key Takeaways
11 EUROPE
MARKET ANALYSIS
11.1 Europe Market Revenue & Share
Analysis, By Technology
11.2 Europe Market Revenue & Share
Analysis, By Application
11.3 Europe Market Revenue & Share
Analysis, By Security
11.4 Europe Market Revenue & Share
Analysis, By Country
11.4.1 UK
11.4.2 Italy
11.4.3 Spain
11.4.4 Germany
11.4.5 France
11.4.6 Rest of Europe
11.5 Key Takeaways
12 ASIA PACIFIC MARKET
ANALYSIS
12.1 APAC Market Revenue & Share Analysis,
By Technology
12.2 APAC Market Revenue & Share Analysis,
By Application
12.3 APAC Market Revenue & Share Analysis,
By Security
12.4 APAC Market Revenue & Share Analysis,
By Country
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Key Takeaways
13 MIDDLE EAST &
AFRICA MARKET ANALYSIS
13.1 MEA Market Revenue & Share Analysis,
By Technology
13.2 MEA Market Revenue & Share Analysis,
By Application
13.3 MEA Market Revenue & Share Analysis,
By Security
13.4 MEA Market Revenue & Share Analysis,
By Country
13.4.1 GCC
13.4.2 South Africa
13.4.3 Rest of MEA
13.5 Key Takeaways
14 SOUTH AMERICA MARKET
ANALYSIS
14.1 SA Market Revenue & Share Analysis,
By Technology
14.2 SA Market Revenue & Share Analysis,
By Application
14.3 SA Market Revenue & Share Analysis,
By Security
14.4 SA Market Revenue & Share Analysis,
By Country
14.4.1 Brazil
14.4.2 Argentina
14.4.3 Rest of SA
14.5 Key Takeaways
15 COMPETITIVE
SCENARIO
15.1 Overview
15.2 Key Players Market Share Analysis
15.3 Recent Developments & Security
Launches
15.4 Mergers & Acquisitions
15.5 Partnerships, Agreements &
Collaborations
16 COMPANY PROFILES
16.1 Overview
16.2 Key players
16.2.1 Entrust Corporation (US)
16.2.1.1 Business Overview
16.2.1.2 Products Offered
16.2.1.3 Financial Insights
16.2.1.4 Strategic Developments
16.2.1.4.1 New Security Launches
16.2.1.4.2 Agreements & Collaborations
16.2.1.5 Business Aspects (NOISE Analysis)
16.2.1.5.1 Key Strengths
16.2.1.5.2 Opportunities
16.2.1.5.3 Weaknesses & Competitive Threats
16.2.1.5.4 Needs & Improvements
16.2.2 4G Identity Solutions Private Limited
(Goldstone Technologies Ltd.) (India),
16.2.3 CardLogix Corporation (US)
16.2.4 Entrust Corporation (US)
16.2.5 HID Global Corporation (US)
16.2.6 CEPP (Norway)
16.2.7 Infineon Technologies AG (Germany)
16.2.8 Mühlbauer Group (Germany)
16.2.9 Primekey Solutions AB (Europe)
16.2.10 Thales Group (France)
17 DISCLAIMER
18 APPENDIX
