E-Passport & E-Visa Market Research Report — By Type (Biometrics, RFID), By Application (Leisure Travel, Business Travel, Identification/Proof, Immigration/Border Control) By Hardware Components (Antenna, Processor/Chip) — Forecast till 2023
Pune, India - December 10, 2018 /MarketersMedia/ —
Market Overview:
With rapid adoption of automation and technological advancements, the dependency on paper-based documentation has reduces significantly. E-passport is an advanced form of paper-based passport which has an electronic chip embedded in it.
E-visa or electronic visa is an online platform for online enrolment of applicants for obtaining visa. Market Research Future (MRFR) has published a report stating that the global e-passport and e-visa market is marked to expand at a notable growth rate during the forecast period of 2018-2023.
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Major Key Players:
The major players profiled by MRFR that are operating in the global e-passport and e-visa market are Cardlogic limited (Ireland), 4G identity solutions private limited (the U.A.E), Iris Corporation (Malaysia), Safran identity and security (France), Muehlbauer group (Malaysia) , Eastcompeace (China), Oberthur Technologies (France), Datacard group (the U.S), HID Global Corporation(U.S), Giesecke&Devrient limited (Germany), Gemalto NV (the Netherlands) among others.
Market Driver and Restraints:
Increasing incorporation of advanced technology by the governments of various regions in order to enhance the security structure and reduce fraudulent activities such as identity theft is majorly propelling teh growth of the global E-Passport & E-Visa Market. Development of contactless smart chip technology with the help of integrated circuits and increasing adoption of automation services are impacting positively on the expansion of the global e-passport and e-visa market.
Increasing incidences of data alteration, data duplication and identity theft has induced high demand for a strong security structure by incorporating advanced technology, which in turn is fueling the growth of the global e-passport and e-visa market. Rise in necessity of minimizing processing time at immigration desk and increased adoption of cloud-based data storage are some other factors that are driving the expansion of the global e-passport and e-visa market.
Segmental Analysis:
The global e-passport and e-visa market has been segmented on the basis of type, application and hardware components.
• Based on type, the e-passport and e-visa market has been segmented into biometrics and RFID. The biometrics segment has been sub-segmented into facial recognition, fingerprint recognition, and iris recognition.
• Based on application, the e-passport and e-visa market has been segmented into travelling, identification/proof and immigration/border control. The travelling segment has been sub-segmented into leisure travel, business travel and foreign affairs.
• Based on hardware components, the e-passport and e-visa market has been segmented into antenna, processor/chip and others.
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Detailed Regional Analysis:
Geographically, the global e-passport and e-visa market has been segmented into four major regions such as Asia Pacific, Europe, North America and the rest of the world. Rapid technological advancement, increased adoption of technologically advanced solutions in order to reduce hassles in document processing at airports and incorporation of biometric technology are resulting in the rapid expansion of the e-passport and e-visa market in the Europe region, which is forecasted to lead towards the dominance of Europe over the global e-passport and e-visa market during the assessment period.
Government initiatives for implementing e-passport and e-visa services in the emerging economies such as India and China are resulting in the significant growth of the e-passport and e-visa market in the Asia Pacific region. Technological advancement and easy adoption of technologically advanced solutions are propelling the expansion of the e-passport and e-visa market in the North America region.
Industry Updates:
In November 2018, it has been announced that Ethiopia has adopted the combined approach of e-visa system and visa-on-arrival service for African travellers to east African countries.
In October 2018, it was announced that all the civil servants in Kenya are ordered to acquire e-passports within six months.
Intended Audience:
• Semiconductor Foundries
• Service providers
• Research Institute
• Government Agencies
• Border Control and Immigration
• Chipset manufacturers
• Passport reader manufacturers
• Security agencies
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued….
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List of Tables
Table1 Global E Passport and E Visa Market: By Region, 2017-2023
Table2 North America E Passport and E Visa Market: By Country, 2017-2023
Table3 Europe E Passport and E Visa Market: By Country, 2017-2023
Continued….
List of Figures
Figure 1 Global E Passport and E Visa Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global E Passport and E Visa Market
Continued….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 524/528,, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/e-passport-e-visa-market-6110
Source: MarketersMedia
Release ID: 456914
