Market Overview:
The global electronic passports market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for secure and convenient travel documents, rising adoption of e-passports by governments worldwide, and growing number of international travelers. In terms of type, the ordinary e-passport segment is expected to account for a larger share of the global electronic passports market in 2018. However, the service & diplomatic e-passport segment is projected to grow at a higher CAGR during the forecast period. Geographically, North America is expected to lead the global electronic passports market in 2018 followed by Europe and Asia Pacific respectively.
Product Definition:
An electronic passport, or e-passport, is a passport with an embedded integrated circuit (IC) chip. The IC chip stores the same information visually displayed on the data page of the passport and additionally holds a biometric identifier in the form of a digital photograph.
Ordinary E-passport:
An ordinary e-passport is a digital document that provides the holder access to travel through an airport or border control. It is stored on a mobile device and can be accessed at any time even if the user does not have physical possession of the device.
Service & Diplomatic E-Passport:
Service & Diplomatic E-Passport is an ePassport which is issued by a country's foreign service or diplomatic mission. These passports are used for travel purposes only and have no other legal use. Service & Diplomatic E-passports are not valid for travel to the Schengen Area (26 countries) or European Union (27).
The electronic passport has advanced features such as embedded RFID chip, biometric data storage, digital signature.
Application Insights:
The adult application segment held the largest share of over 70.0% in 2017. The growing use of e-passports for travel and tourism has become a major factor driving the demand for these passports among adults across the world. According to data published by UTSA, around 2,000 to 3,000 e-passport applications are received every day from all over the world and about 60% of these applications are from travelers above 18 years old who intend to apply for an ordinary passport while traveling on their own or with friends or family members below 18 years old. However, children¢â‚¬â„¢s passports are less expensive than ordinary ones as they do not include any additional features or services other than those required by law such as identity document photo and signature capture which makes them more affordable compared to adult e-Passports.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing government initiatives and investments for strengthening border security, which is likely to drive the demand for e-passports. Furthermore, growing adoption of biometric features such as facial recognition and fingerprint scanning on electronic passports will further boost growth over the next eight years.
The Asia Pacific regional market is anticipated to grow at a significant rate over the forecast period owing to rising concerns regarding border control issues along with increased spending capacity of various governments towards strengthening passport systems across their countries. Moreover, growing tourism industry in developing economies including China and India are expected to increase spending on travel documents, thereby driving demand for electronic passports over coming years.
Growth Factors:
- Increasing demand for secure and convenient travel documents
- Rising number of international travelers
- Proliferation of digital technologies and mobile devices
- Growing need for anti-fraud measures in the travel industry
- Government initiatives to promote electronic passports
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Passports Market Research Report
By Type
Ordinary E-passport, Service & Diplomatic E-Passport
By Application
Adult, Child
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Passports Market Report Segments:
The global Electronic Passports market is segmented on the basis of:
Types
Ordinary E-passport, Service & Diplomatic E-Passport
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adult, Child
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Electronic Passports Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ordinary E-passport
- Service & Diplomatic E-Passport
- By Application:
- Adult
- Child
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Passports Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electronic passport is a travel document that is stored on a computer chip. The passport can be used to identify the bearer and to verify their identity.
Some of the major players in the electronic passports market are 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.
The electronic passports market is expected to register a CAGR of 9.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Passports Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Passports Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Passports Market - Supply Chain
4.5. Global Electronic Passports Market Forecast
4.5.1. Electronic Passports Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Passports Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electronic Passports Market Absolute $ Opportunity
5. Global Electronic Passports Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electronic Passports Market Size and Volume Forecast by Type
5.3.1. Ordinary E-passport
5.3.2. Service & Diplomatic E-Passport
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electronic Passports Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electronic Passports Market Size and Volume Forecast by Application
6.3.1. Adult
6.3.2. Child
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electronic Passports Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electronic Passports Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electronic Passports Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electronic Passports Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electronic Passports Demand Share Forecast, 2019-2029
9. North America Electronic Passports Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electronic Passports Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electronic Passports Market Size and Volume Forecast by Application
9.4.1. Adult
9.4.2. Child
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electronic Passports Market Size and Volume Forecast by Type
9.7.1. Ordinary E-passport
9.7.2. Service & Diplomatic E-Passport
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electronic Passports Demand Share Forecast, 2019-2029
10. Latin America Electronic Passports Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electronic Passports Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electronic Passports Market Size and Volume Forecast by Application
10.4.1. Adult
10.4.2. Child
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electronic Passports Market Size and Volume Forecast by Type
10.7.1. Ordinary E-passport
10.7.2. Service & Diplomatic E-Passport
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electronic Passports Demand Share Forecast, 2019-2029
11. Europe Electronic Passports Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electronic Passports Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electronic Passports Market Size and Volume Forecast by Application
11.4.1. Adult
11.4.2. Child
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electronic Passports Market Size and Volume Forecast by Type
11.7.1. Ordinary E-passport
11.7.2. Service & Diplomatic E-Passport
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Produt Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electronic Passports Demand Share, 2019-2029
12. Asia Pacific Electronic Passports Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electronic Passports Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electronic Passports Market Size and Volume Forecast by Application
12.4.1. Adult
12.4.2. Child
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electronic Passports Market Size and Volume Forecast by Type
12.7.1. Ordinary E-passport
12.7.2. Service & Diplomatic E-Passport
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electronic Passports Demand Share, 2019-2029
13. Middle East & Africa Electronic Passports Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electronic Passports Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electronic Passports Market Size and Volume Forecast by Application
13.4.1. Adult
13.4.2. Child
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electronic Passports Market Size and Volume Forecast by Type
13.7.1. Ordinary E-passport
13.7.2. Service & Diplomatic E-Passport
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electronic Passports Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Electronic Passports Market: Market Share Analysis
14.2. Electronic Passports Distributors and Customers
14.3. Electronic Passports Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gemalto
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shanghai Mite Speciality & Precision Printing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. India Security Press
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Beijing Jinchen Cvic Security Printing
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bundesdruckerei
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Japan National Printing Bureau
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Goznak
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Casa da Moeda do Brasil
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Canadian Bank Note
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Royal Mint of Spain
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Polish Security Printing Works
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Istituto Poligrafico e Zecca dello Stato
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Iris Corporation Berhad
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Semlex Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Veridos
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Morpho
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
