E-Passports Market was valued at USD 10.5 Billion in 2022 and is projected to reach USD 20.1 Billion by 2030, growing at a CAGR of 8.9% from 2024 to 2030.
E-Passports Market Size and Opportunity Analysis
The global E-passports market was valued at approximately USD 7.5 billion in 2022. This market is projected to grow at a Compound Annual Growth Rate (CAGR) of 11.2% from 2023 to 2028, reaching around USD 14.7 billion by the end of the forecast period. The increasing adoption of biometric technologies, enhanced security measures, and the rising need for efficient border control and identity verification systems are major factors driving this growth. Additionally, the integration of advanced microchip technologies into e-passports contributes to their increasing popularity among governments and travelers alike.
Opportunity analysis reveals significant potential in emerging markets, particularly in regions with growing infrastructure investments and digital transformation initiatives. Developing economies in Asia-Pacific and Latin America present lucrative opportunities due to expanding government initiatives focused on modernization and security enhancements. Moreover, advancements in e-passport technology and declining costs are expected to facilitate broader adoption, further fueling market growth. The convergence of technological innovation and rising security demands presents a compelling landscape for market expansion in the coming years.
Get an In-Depth Research Analysis of the Global E-Passports Market Size And Forecast [2025-2032]
Who are the largest Global manufacturers in the E-Passports industry?
- Gemalto
- Shanghai Mite Speciality & Precision Printing
- India Security Press
- Beijing Incen Cvic Security Printing
- Bundesdruckerei
- Japan National Printing Bureau
- Goznak
- Casa da Moeda do Brasil
- Canadian Bank Note
- Royal Mint of Spain
- Polish Security Printing Works
- Istituto Poligrafico e Zecca dello Stato
- Iris Corporation Berhad
- Semlex Group
- Veridos
- Morpho
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global E-Passports Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global E-Passports Market
- Adults
- Children
What are the types of E-Passports available in the Market?
Based on Types the Market is categorized into Below types that held the largest E-Passports market share In 2023.
- Ordinary E-passport
- Service & Diplomatic E-Passport
Which regions are leading the Global E-Passports Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global E-Passports Market Research Report, 2024-2032
1. Introduction of the Global E-Passports Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global E-Passports Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global E-Passports Market, By Type
6. Global E-Passports Market, By Application
7. Global E-Passports Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global E-Passports Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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