ePassport Market Drivers, Trends And Restraints For 2022-2031

Global ePassport report from Global Insight Services is the single authoritative source of intelligence on ePassport market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

An ePassport is an electronic passport that uses biometric data to authenticate the identity of the passport holder. The passport contains a chip that stores the holder’s biometric data, which can be used to verify the identity of the holder. The data stored on the chip can also be used to track the holder’s travel history.

Key Trends

There are several key trends in ePassport technology. One is the increasing use of biometrics. This means that passports now contain information about the holder’s physical characteristics, such as their fingerprints or iris scans. This makes it much harder for someone to forge a passport or to use someone else’s passport.

Another trend is the increasing use of radio frequency identification (RFID) chips in passports. These chips store information about the passport holder, such as their name and date of birth. They can also be used to store biometric data. RFID chips make it easier and faster for border control staff to check passports.

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Market Segments

The ePassport Market is segmented by technology, application, and region. In terms of technology, the market is fragmented into radio frequency identification (RFID) and biometric. Depending on application, it is divided into leisure travel and business travel. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The ePassport Market includes players such as Fourg Identity SolutionsAsk Media Group LlcCardlogix CorporationEastcompeace Technology Co. LtdEntrust CorporationHid Global CorporationInfineon Technologies AGMuehlbauer GroupSafran and Thales Group.

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Key Drivers

One of the key drivers of the ePassport market is the increasing need for security and identity verification. With the increasing number of terrorist attacks and the rising concerns over identity theft, there is a growing need for passports that are more secure and difficult to forge. The ePassport, which uses an electronic chip to store biometric data, is seen as a more secure option than traditional passports.

Another key driver of the ePassport market is the increasing number of countries that are requiring their citizens to use ePassports when traveling. In 2006, the United States began requiring all citizens to use ePassports when traveling to certain countries. This has led to a growing number of countries requiring ePassports for entry.

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