Astute Analytica released a new research report on the global e-passport market. The worldwide E-Passport Market report 2030 is a thorough investigation that examines the current E-Passport Market trends. The report consists of market definitions, market segmentation, end-use applications, and industry chain analysis. In addition, it offers a succinct overview of the market. The study on the global market offers an overview of the market encompassing the competitive environment, current market developments, and industry trends.
The competition study provides information about the major players in the Chinese market in terms of their financials, company profiles, product portfolios, and capacity. Along with the important development trends and sales channel research, the report also offers upstream raw material analysis and downstream demand analysis. The global research study also covers the investment opportunity areas.
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Market Drivers
Increase in advanced verification means to detect identify frauds is considered a key driving factor which is expected to boost the global e-passport market growth. Also, presence of advanced airport infrastructure facilities will positively contribute the market growth. Moreover, increase in number of people travelling in the cross border destinations will propel the market growth. Also, increase in adoption of e-passport by developing nations which are expected to fuel the market growth in near future.
Market Restraints
However, high cost associated with initial deployments and replacements are major challenging factors which are expected to hamper the global e-passport market growth during this analysis period.
Market segmentation
Global E-Passport Market is segmented into technology such as Radio Frequency Identification (RFID), and Biometrics. Further, market is segmented into application such as Leisure Travel, and Business Travel.
Also, Global E-Passport Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
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Market Key Players
Various key players are discussed in this report such as Gemalto N.V., Entrust Datacard Corporation, Mhlbauer Group, Infineon Technologies AG, HID Global Corporation, Eastcompeace Technology Co., Safran S.A., Eastcompeace Technology Co, and 4G Identity Solutions
Market Taxonomy
By Technology
- Radio Frequency Identification (RFID)
- Biometrics
By Application
- Leisure Travel
- Business Travel
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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