MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled E-Passport Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the E-Passport, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2019–22
• Base Year: 2023
• Forecast Years: 2024–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

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In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

E-Passport Market Outlook

The Global E-Passport Market size is estimated to grow at a CAGR of around 21.65% during the forecast period, i.e., 2024-30. The market has grown significantly due to substantial government initiatives aimed at streamlining border procedures and enhancing security to prevent fraud. Additionally, with the growth of globalization, international travel has surged during the past few decades. This growth in international travel has also led to a surge in individuals evading standard legal procedures through fraudulent documents.

E-Passport Market Drivers:

Surging International Travel to Drive Market Growth – During the last decade, many economies have experienced significant economic growth, leading to a surge in disposable income, which has enabled more individuals to afford international travel. Additionally, the increase in the number of low-cost carriers has made air travel more accessible, which has subsequently enhanced international tourism.

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E-Passport Market Trends:

Integration of Blockchain with E-Passports Gaining Momentum – Globally, integrating biometric data with blockchain technology to create biometric blockchain (BBC)-based e-passports is gradually gaining traction, as it offers a robust solution by combining the unique identification capabilities of biometrics with the security features of blockchain technology. Moreover, the immutability and encryption offered by blockchain ensure that once data is recorded, it cannot be altered or accessed unauthorizedly. This is crucial for protecting sensitive personal information from hacks or leaks. Moreover, blockchain implements privacy-preserving technologies that verify identities without revealing the underlying data, which is appealing to privacy-conscious states.

E-Passport Market Segmentation

The study categorizes the E-Passport into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Type

• Biometric e-Passports- Market Size & Forecast 2019-2030, (USD Million)
  • Face Recognition
  • Fingerprint Recognition
  • Iris Recognition
  • Others
• Non-Biometric e-Passports- Market Size & Forecast 2019-2030, (USD Million)
  • Radio-Frequency Identification (RFID)
  • Others

By Security

• Basic Access Control- Market Size & Forecast 2019-2030, (USD Million)
• Extended Access Control- Market Size & Forecast 2019-2030, (USD Million)
• Supplemental Access Control- Market Size & Forecast 2019-2030, (USD Million)
• Biometric Authentication- Market Size & Forecast 2019-2030, (USD Million)

By Component

• Electronic Chip- Market Size & Forecast 2019-2030, (USD Million)
• Antenna- Market Size & Forecast 2019-2030, (USD Million)
• Biometric Capture Devices- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)

By Application

• Traveling- Market Size & Forecast 2019-2030, (USD Million)
  • Business Travel- Market Size & Forecast 2019-2030, (USD Million)
  • Leisure Travel- Market Size & Forecast 2019-2030, (USD Million)
• Border Control and Immigration- Market Size & Forecast 2019-2030, (USD Million)
• Identity Proof- Market Size & Forecast 2019-2030, (USD Million)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific.

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Leading Companies in E-Passport Market Worldwide: Players, Analysis & Future Outlook

• CardLogix Corporation
• 4G Identity Solutions
• 3M
• HID Global Corporation
• IDEMIA
• Infineon Technologies AG
• Eastcompeace Technology Co., Ltd.
• Entrust Corporation
• Muhlbauer Group
• Iris Corporation
• Thales Group
• Safran Identity and Security
• Primekey Solutions AB
• Datacard Group
•  

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/e-passport-market.html   

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the E-Passport?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the E-Passport?
   4. Who are the prominent players in the E-Passport?
   5. How is the competition structured in this market?
   6. How can I access the full report?

About Us

MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.

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