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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
E-Passport Market Regional Analysis
Europe is a leading e-passport market as the region deploys e-passports on a larger scale. The rising acceptance of e-passports in countries like the United Kingdom is expected to drive the industry in the coming years. Recently, the United Kingdom enabled visitors from countries like Australia, Japan, New Zealand, Singapore, South Korea, Canada, and the United States to use the e-passport gates for swifter entry into the country. The e-passport market in Europe is expected to be aided by the rising adoption of multimodal biometric identification. The use of multiple biometric identifiers, including fingerprints, iris, and face, to confirm authentication is called multimodal biometric identification. As a result, multimodal biometrics can provide enhanced security layers and help to overcome the error rates of normal biometrics.
E-Passport Market Report Snapshots
E-Passport Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global e-passport market attained a value of nearly USD 39.82 billion.
The market is projected to grow at a CAGR of 23% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 256.61 billion by 2032.
The major drivers of the market include the need for faster and easier security checks, cost-effectiveness, advanced and developed infrastructure of the airports, growing air traffic, rising urbanisation, globalisation, technological advancements, and a rise in the number of passengers.
The rising identity thefts and frauds and the rising demand for increased security are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, Middle East and Africa, Europe, and Asia Pacific with Europe accounting for the largest share in the market.
The two types of e-passports are radio frequency identification and biometrics.
Leisure travel and business travel are the major application of the market.
The major players in the industry are CardLogix Corporation, Eastcompeace Technology Co., Ltd., Entrust Corporation, Thales Group, and HID Global Corporation, among others.
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Australia
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India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124