E-passport and E-visa Market

The global E-passport and E-visa market was valued at 841.56 Million USD in 2021 and will grow with a CAGR of 7.69% from 2021 to 2027, based on Research newly published report.

The prime objective of E-passport and E-visa Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, E-passport and E-visa Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

E-passport is an electronic passport with high security printing, an inlay including an antenna and a microprocessor, and other security features. An E-passport is a biometric passport which includes a chip, which can be used at the automated E-passport gates instead of having your passport checked by a Border Force officer. The chip holds the same information that is printed on the passport`s data page: the holder`s name, date of birth, and other biographic information. In some countries, including Germany, E-passport include two fingerprints as well.

An electronic visa (E-visa) is one of visa types issued to foreigners by Immigration Department via electronic system. E-visa, also known as e-visa, refers to the "electronic" of traditional paper visas. All information on passport holders` visas is stored electronically in the visa issuing authority`s system. After successful of e-visa processing, the visa can be printed and used. The market for the E-passport and E-visa consumption divided into six geographic regions. The Europe to lead the global market for E-passport and E-visa during the forecast period. This region accounts for a market share of nearly 32.78 % by 2025 and is closely followed by the USA and China. Asia Pacific (APAC) has always been a lucrative region. The E-passport and E-visa market in APAC is expected to grow at the highest CAGR during the forecast period.

China, Japan India and Southeast Asia are the key countries in the E-passport and E-visa in APAC. Briefly speaking, in the next few years, E-passport and E-visa industry will still be a High-speed development and energetic industry. Sales of E-passport and E-visa have brought a lot of opportunities, due to the rapid development of the tourism industry. Of the major players of the E-passport and E-visa market, Gemalto maintained its first place in the ranking in 2017. Gemalto accounted for 30.97 % of the Global E-passport and E-visa sales volume market share in 2017. Other players accounted for 17.45 %, 12.79 % including Shanghai Mite Speciality & Precision Printing and India Security Press.

By Market Verdors:

• Gemalto
• Shanghai Mite Speciality & Precision Printing
• India Security Press
• Beijing Jinchen 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 Types:

• Ordinary E-passport
• Service & Diplomatic E-Passport

By Applications:

• Adult
• Child

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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• To understand the future outlook and prospects for the market.
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