E-Passport Market Braces for 21.65% CAGR Elevate Until 2030

The latest report by MarkNtel Advisors, titled “E-Passport Market Report By Type (Biometric e-Passports, Non-Biometric e-Passports), By Security (Basic Access Control, Extended Access Control, Supplemental Access Control, Biometric Authentication), By Component (Electronic Chip, Antenna, Biometric Capture Devices, Others), By Application (Traveling, Border Control and Immigration, Identity Proof) others and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the E-Passport Market research report.

What is the market outlook for E-Passport?

The E-Passport Market size is estimated to grow at a CAGR of around 21.65% during the forecast period 2024-30.

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Major Companies Operating in the E-Passport Industry:

CardLogix Corporation, 4G Identity Solutions, 3M, HID Global Corporation, IDEMIA, Infineon Technologies AG, Eastcompeace Technology Co., Ltd., Entrust Corporation, Muhlbauer Group, Iris Corporation, Thales Group, Safran Identity and Security, PrimeKey Solutions AB, Datacard Group, Others,

E-Passport Market Report Segmentation:

By Type

-Biometric e-Passports

–Face Recognition

–Fingerprint Recognition

–Iris Recognition

–Others

-Non-Biometric e-Passports

–Radio-Frequency Identification (RFID)

–Others

By Security

-Basic Access Control

-Extended Access Control

-Supplemental Access Control

-Biometric Authentication

By Component

-Electronic Chip

-Antenna

-Biometric Capture Devices

-Others

By Application

-Traveling

-Business Travel

–Leisure Travel

–Border Control and Immigration

-Identity Proof

Learn More About the Market Report – https://www.marknteladvisors.com/research-library/e-passport-market.html        

Regional Insights:

• North America: US, Canada, Mexico
• Europe: Germany, The UK, France, Russia, Spain, Italy, Rest of Europe
• Asia-Pacific: China, Japan, India, South Korea, Australia & New Zealand, Thailand, Indonesia, Rest of Asia Pacific,
• South America: Brazil, Argentina, Rest of South America
• Middle East & Africa: UAE, Saudi Arabia, South Africa, Israel, Rest of MEA

Global E-Passport Market Opportunity: Digitalization of Airports to Open New Doors for Market Players

Countries across the globe are substantially adopting digital technologies in airports to streamline airport operations, reducing wait times and processing delays. Automated check-ins, baggage handling, and security checks speed up necessary processes and reduce human error. Moreover, there is a surge in focus on developing advanced airport infrastructure across developing nations in the Asia-Pacific and Latin America. For instance,

In 2024, the Indian government announced the launch of 15 new airport projects. The terminal buildings of these airports are anticipated to have state-of-the-art passenger amenities.

As airports become more technologically advanced, the need for enhanced security measures would also grow. This is anticipated to create new demand for e-passport services, which would open new doors for market players as e-passports, embedded with biometric information and electronic chips, provide a higher level of security than traditional passports.

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