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E-passport Technologies Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

The global E-passport Technologies market reached approximately $21.4 billion in 2022. The industry is expected to grow at a compound annual growth rate (CAGR) of approximately 23% from 2021 to 2030.
E-passport Technologies Market Overview
E-passport technology is an electronic chip printed on the passport page, which contains different types of information, such as the holder's name, date of birth and other character information. Additionally, the technology stores passenger data on a smart chip with a unique identification number and digital signature. Additionally, many European countries are adopting e-passports as it is more secure than traditional paper-based technology and reduces the risk of data duplication and alteration. e-Passport is the term used for this type of passport, which includes an electronic device or a contactless integrated circuit (IC), such as an RFID chip. The RFID chip contains biometric data, so ePassport technology is also known as biometric passport, MRTD (Machine Readable Travel Document) with ICC chip.
In addition to using RFID chips, ePassport technology now also incorporates biometric information such as fingerprint recognition. The new generation of E-passport technology also includes iris authentication technology and face recognition functions. E-Passport professionally provides various applications such as business travel and leisure travel.
The E-passport Technologies has recently published by Contrive Datum Insights to its huge database which helps to shape the future of the businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global E-passport Technologies market.
Some Of the key players study are the
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Gemalto, HiD Global, 4G Identity Solutions, CardLogix, IDEMIA, Primekey Solutions, Entrust Datacard., and others.
What are the major Applications, Types, and Regions for the E-passport Technologies Market?
By Technology
- Radio-frequency Identification (RFID)
- Biometrics
By Application
- Leisure Travel
- Business Travel
E-passport Technologies Market Regional Insights:
North America is expected to remain one of the most attractive markets during the forecast period. According to the study, the U.S. is projected to account for nearly 72% of the North American market by 2028.
E-passport technology solution providers are involved in bidding and securing supply contracts for e-passport development and deployment. Major suppliers of ePassports in the United States are involved in bidding and procuring supply contracts for the development and deployment of ePassports. The demand for e-passport technology in France is expected to grow at a significant CAGR of approximately 18.2% during the forecast period. Due to various factors such as the surge in the introduction of microprocessor-based passports and the increasing adoption of upgrade convenience by travelers and others, the demand for e-passport technology is increasing.
However, Spain and the Benelux are estimated to account for 13% of the total incremental dollar opportunity created in the region. European governments are also investing heavily in the development of airport infrastructure and the establishment of RFID and biometric security checkpoints.
The Singapore market will be one of the largest consumer markets for ePassport technology, with the market expected to grow 3.8 times by 2028. The Singapore market is expected to generate an absolute dollar opportunity of US$3.6 billion during 2022-28.
South Asian countries such as Singapore and other developing countries are still investing in developing such passports, which are only available to government personnel and diplomats in the country. These countries are expected to witness high growth in demand for e-passports during the forecast period.
Geographically, the global E-passport Technologies market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
E-passport Technologies Market report scope:Frequently Asked Questions (FAQ) about the E-passport Technologies market:
What is the CAGR of the global E-passport Technologies market?
The E-passport Technologies Market is growing at a CAGR of 23% During Forecast Period.
Which region would offer high growth for vendors in the E-passport Technologies market?
North America is expected to remain one of the most attractive markets during the forecast period.
Which Is the Most potential market segment?
By Technology
- Radio-frequency Identification (RFID)
- Biometrics
By Application
- Leisure Travel
- Business Travel
Which are the top industry players in the E-passport Technologies market?
Gemalto, HiD Global, 4G Identity Solutions, CardLogix, IDEMIA, Primekey Solutions, Entrust Datacard.
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