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Electronic passport - List of Manufacturers, Suppliers, Companies and Products

Electronic passport Product List

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[Market Report] Global E-Passport Market

[Market Report] Global E-Passport Market

The global market for electronic passports is rapidly expanding, and it is predicted to reach 211.5 billion USD by 2031.

The global electronic passport market is experiencing unprecedented rapid growth, with revenues reported at approximately 28.8 billion USD in 2022. According to industry forecasts, this remarkable growth trajectory is expected to continue, with the market projected to reach an astonishing size of 211.5 billion USD by 2031. This robust expansion is supported by an extraordinary compound annual growth rate (CAGR) of 24.8% during the forecast period from 2023 to 2031. E-passports, also known as electronic passports, symbolize the cutting-edge evolution of travel documents. These advanced passports utilize electronic technology to enhance security measures and streamline immigration procedures. At the heart of the electronic passport is a microchip that securely stores critical biometric information, such as facial recognition data, fingerprints, digital photographs, and personal information of the passport holder. You can check the application method by clicking the [PDF Download] button or apply directly through the related links.

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[English Market Research Report] Global Market for e-Passports

[English Market Research Report] Global Market for e-Passports

"Free samples" are currently being offered! Please check the application method from the [PDF download] button, or apply directly from the related links.

The market size of e-passports is expected to grow rapidly in the coming years. By 2028, it is projected to reach 99.1 billion USD with a compound annual growth rate (CAGR) of 24.3%. The anticipated growth during the forecast period may be related to the integration with wearable devices, advancements in survival detection, the establishment of regulatory frameworks for biometric payments, user education and acceptance, and customization to suit diverse industries. Key trends expected during the forecast period include collaboration between technology providers and financial institutions, advancements in facial recognition technology, government support for digital payments, global expansion of digital payment infrastructure, and the integration of blockchain and cryptocurrencies.

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[Market Research Report] Electronic Passport Market

[Market Research Report] Electronic Passport Market

Global Electronic Passport Market: Projected to Grow Rapidly with a CAGR of 24.8% from 2022 to 2031

The global electronic passport market is expected to reach $211.5 billion by 2031, up from $28.8 billion in 2022. During this period, the compound annual growth rate (CAGR) is forecasted to be 24.8%, indicating rapid market expansion. **Factors Driving Growth** The main factors supporting the rapid growth of the electronic passport market are as follows: 1. **Enhanced Security**: Electronic passports are embedded with microchips that securely store the holder's biometric information (facial recognition or fingerprints), digital photographs, and personal data. This makes counterfeiting and tampering difficult, significantly improving security. 2. **Streamlined Immigration Procedures**: The introduction of electronic passports has expedited immigration control processes, reducing waiting times at airports and other entry points. This enhances convenience for travelers and is expected to facilitate smoother international travel. 3. **Government Support**: Many countries are promoting the adoption of electronic passports, and government support is a crucial factor in market growth. In particular, policies aimed at strengthening counter-terrorism measures and border management are driving the proliferation of electronic passports. For application methods, please apply directly through the relevant link.

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