The latest study released on the Global E-passport Market by AMA Research evaluates market size, trend, and forecast to 2028. The E-passport market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
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Key Players in This Report Include:
Gemalto N.V. (Netherlands), Oberthur Technologies Group S.A.S (France), Entrust Data Card Corporation (United States), HID Global Corporation (United States), Safran U.S.A. Inc. (United States), NXP (United States), Eastcompeace Technology Co. Ltd. (China), CardLogix Corporation (United States), 4G Identity Solutions (India), CIBT, Inc. (United States), Goznak (Russia), Veridos Gmbh (Germany)
Definition:
E-Passports are used to validate the identity of a passenger during international travels by storing information about the passengers on a smart chip authenticated by public key infrastructure which accepts a digital signature and unique identification code thus, reducing the threat of data alteration and duplication. Some of the biometric techniques used in e-passport are thumbprint, iris, and facial recognition
Increase in illegal immigration, thefts, and fraudulent activities fuel e-passport market. Additionally, e-passport provides faster verification of individual and security checks at airports. Rising adoption in key countries to regulate the safety of residents. For instance, In the United States alone issued over 21,378,994 e-passports in 2017 and the state’s department projected approx 20.4 million people will apply for a passport in 2018.
Market Opportunities:
The emergence of Wireless Communication Technology
Development in Advanced Airport Infrastructure
Market Drivers:
Emphasizing on Innovative Verification Techniques to Detect Identity Frauds
Rise in Number of Cross Border Air Travelers
Market Trends:
Increasing Adoption of E-Passport as a Secure Travel Document.
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The Global E-passport Market segments and Market Data Break Down are illuminated below:
by Type (Ordinary E-passport, Service & Diplomatic E-Passport), Application (Leisure Travel, Business Travel, Others), By Technology (Radio Frequency Identification (RFID), Bio metrics, Others)
Global E-passport market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Objectives of the Report:
-To carefully analyze and forecast the size of the E-passport market by value and volume.
-To estimate the market shares of major segments of the E-passport
-To showcase the development of the E-passport market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the E-passport market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the E-passport
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the E-passport market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Major highlights from Table of Contents:
E-passport Market Study Coverage:
It includes major manufacturers, emerging player’s growth story, and major business segments of E-passport market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
E-passport Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
E-passport Market Production by Region E-passport Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in E-passport Market Report:
E-passport Overview, Definition and Classification Market drivers and barriers
E-passport Market Competition by Manufacturers
E-passport Capacity, Production, Revenue (Value) by Region (2023-2028)
E-passport Supply (Production), Consumption, Export, Import by Region (2023-2028)
E-passport Manufacturers Profiles/Analysis E-passport Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered:
How feasible is E-passport market for long-term investment?
What are influencing factors driving the demand for E-passport near future?
What is the impact analysis of various factors in the Global E-passport market growth?
What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
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