Electronics passport (e-passport) is embraced with an electronic chip. It is an advanced form of old documents developed improve security globally by restricting fraudulent cases. The e-passports are used to identity a traveler using digital means such as digital signature, unique identification number, biometrics, and others.
MARKET DYNAMICS
Rising concern to detect fraud and illegal activities, availability of advanced airport infrastructure, and growing cross-border travelers are some of the major factors responsible for driving the growth of electronic passport market. In addition to this, upsurge in in the development activities of wireless communication technology is anticipated to provide ample of growth opportunities to the players operating in the electronic passport market.
MARKET SCOPE
The "Global Electronic Passport Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the electronic passport market with detailed market segmentation type, application, and geography. The global electronic passport market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electronic passport market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global electronic passport market is segmented on the basis of type and application. Based on type, the electronic passport market is segmented into biometrics and radio frequency identification. On the basis of application, the electronic passport market is segmented into business travel and leisure travel.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electronic passport market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The electronic passport market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the electronic passport market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the text annotation tools in these regions.
MARKET PLAYERS
The reports cover key developments in the electronic passport market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from electronic passport market are anticipated to lucrative growth opportunities in the future with the rising demand for text annotation tools in the global market. Below mentioned is the list of few companies engaged in the electronic passport market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electronic passport market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Atlantic Zeiser GmbH
- AUSTRIACARD AG
- CardLogix Corporation
- Entrust Datacard Corporation
- HID Global Corporation (Assa Abloy AB)
- Infineon Technologies AG
- M?hlbauer Group
- Multos International
- M2SYS Technology
- Thales Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.