Consumer & Luxury Goods Market Research News

Worldwide e-Passport market forecast to 2021 examined in new market research report

Consumer Market Research

E-passports are used to authenticate the identity of a traveler during international travels. This technology stores data about the traveler on a smart chip, which bears a unique identification number, and a digital signature.

It is more secure than traditional paper technology as it cuts down the risk of data alteration and duplication. The data stored electronically on the chip is authenticated by public key infrastructure (PKI) , which helps eliminate forgeries.

Facial, fingerprint, and iris recognition are the major biometric modalities used in the technology.

Publisher's analysts forecast the global e-passport market to grow at a CAGR of 26.31% during the period 2017-2021.

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Covered in this report 
The report covers the present scenario and the growth prospects of the global e-passport market for 2017-2021. To calculate the market size, the report considers the revenue generated from hardware, software, and services segments to calculate the market size.

The market is divided into the following segments based on geography: 
- Americas

Publisher's report, Global e-Passport Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
- Gemalto
- Giesecke & Devrient
- Infineon Technologies
- Safran Identity & Security
- Oberthur Technologies

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Other prominent vendors 
- 4G Identity Solutions
- CardLogic
- DataCard
- HID Global
- Mühlbauer Group

Market driver 
- Increase in number of air passengers.
- For a full, detailed list, view our report 

Market challenge 
- High cost of initial deployment and replacement.
- For a full, detailed list, view our report 

Market trend 
- Rising awareness of e-passport as a secure travel document.
- For a full, detailed list, view our report 


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