Introduction:

E-Passport and E-Visa Market was valued at US$ 32.0 billion in 2024 and is projected to grow at a CAGR of 7.2% to reach US$ 64.0 billion by 2034.

E-passport and E-visa are creative solutions that use technology to improve the efficiency and security of identity verification and international travel. The incorporation of microchips holding biometric data into e-passports offers a safe and impenetrable way for passport holders to authenticate their identity. These electronic passports lower the possibility of identity theft and unauthorized entrance, which greatly improves border security.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

E-Passport and E-Visa Market Key Drivers:

Technological advancements

The E-Passport and E-Visa market have undergone transformative technological advancements, revolutionizing the landscape of international travel and identity verification. The integration of cutting-edge biometric technologies, including fingerprint, facial recognition, and iris scanning, has fortified the security of E-Passports, ensuring robust identity verification through stored electronic data. Secure authentication features such as digital signatures and cryptographic techniques have been implemented to safeguard against tampering, guaranteeing the integrity of the electronic information.

Contactless technology, RFID, and secure data transmission protocols have streamlined and expedited processes, allowing for swift and convenient border crossings and visa applications. The advent of mobile applications, online portals, and the exploration of blockchain technology further contribute to user-friendly interfaces and enhanced data security.

Machine learning and artificial intelligence are optimizing visa approval processes, while the establishment of interoperability standards ensures seamless interactions between different countries' electronic travel document systems. Collectively, these technological strides signify a paradigm shift towards a more secure, efficient, and interconnected global travel ecosystem.

Being convenient, accessible, efficient and reduces time

The emphasis on convenience and speed reflects a commitment to modernizing travel processes, making them more accessible, efficient, and aligned with the expectations of today's tech-savvy and mobile-oriented global population and this tends to boost the E-Passport and E-Visa Market. Digital systems provide real-time updates on the status of visa applications, keeping travelers informed throughout the process. This transparency adds to the convenience by reducing uncertainty and allowing for better travel planning.

For instance, in August 2023, holders of Indian passports will be able to enter Russia, one of the top tourist attractions for visitors from India, using electronic visas (e-visas). This change is anticipated to speed up the visa application procedure and encourage travel between the two nations.

E-Passport and E-Visa Market Restrains:

Security Concerns

Security concerns in the E-Passport and E-Visa market are significant and require careful attention to ensure the integrity and confidentiality of sensitive personal information. E-Passports and E-Visas, being digital in nature, are vulnerable to hacking attempts and data breaches. Cybercriminals may target these systems to gain unauthorized access to biometric data, personal information, and travel histories. Sophisticated criminals may attempt to forge or clone electronic passports, exploiting weaknesses in the authentication mechanisms. This poses a risk of identity theft and unauthorized use of someone else's travel documents.

E-Passport and E-Visa Market is segmented based on Type, Application, and region.

Type Insight

• Biometrics: Biometrics segment tends to dominate the E-Passport and E-Visa Market due to high security, convenience and widely acceptable. Technological advancements in this segment of E-Passport and E-Visa Market have made travel document verification process easy, and time saving. These passports and visas incorporate biometric data such as fingerprints, facial recognition, or iris scans to enhance identity verification.
• E-Passport Chip: E-Passport chip segment contributes significantly to the document's functionality and security. The E-Passport chip, commonly known as the Integrated Circuit (IC) chip, is embedded within the passport and stores crucial biometric and personal information and als0 contributes significantly in the growth of E-Passport and E-Visa Market. E-Passport chips are designed to be durable and resistant to physical wear and tear. The reliability of the chip is crucial to ensure consistent and accurate data retrieval during passport scans.
• System Integration: This segment ensures the seamless operation and interoperability of electronic travel document systems. System integration involves the incorporation of various components, technologies, and software to create a unified and efficient infrastructure.
• RFID: Radio-Frequency Identification (RFID) technology segment enables contactless communication between the passport and RFID readers at immigration checkpoints facilitating quick and efficient data transmission, expediting border control processes.
• PKI: The Public Key Infrastructure (PKI) segment in the E-Passports and E-Visas market provides a secure framework for managing digital signatures, encryption, and authentication processes. PKI plays a fundamental role in enhancing the security and reliability of electronic travel documents.

Application Insights

• Leisure Travel: The leisure travel segment dominates the E-Passports and E-Visas market. It refers to the use of electronic travel documents, such as E-Passports and E-Visas, for tourism and recreational purposes. This segment highlights the application and utilization of these electronic documents by individuals seeking to explore destinations for leisure and enjoyment. Various countries and companies offering good tourism packages also influences tourism and growth of E-Passports and E-Visas market
• Business Travel: The business travel segment in the E-Passports and E-Visas market refers to the use of electronic travel documents for individuals traveling for professional or business-related purposes. These visas often come with streamlined application processes to facilitate quicker approvals.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

E-Passport and E-Visa Market Regional Insights

• North America market is estimated to witness a significantly high revenue share over the forecast period due to focus on enhancing security features and streamlining immigration processes. Various tourism packages and offers allowing people to travel in this region also favors growth of E-Passport and E-Visa Market.
• Asia Pacific market is estimated to witness fastest revenue share due to significant growth in international travel, driving the adoption of electronic systems boosting E-Passport and E-Visa Market.
• Europe: Implementation of E-Passport and E-Visa to improve border security and to facilitate smoother cross-border travel within the European Union to boost the targeted market. Standardization efforts have been made to ensure interoperability among member states.
• Latin America: Focus on modernizing immigration processes, improving security, and attracting more tourists and business travelers to boost the E-Passport and E-Visa market in the region over the forecast period.
• Middle East & Africa: African nations are gradually adopting electronic systems to improve border control and security. Investment in advanced E-Passport and E-Visa systems to facilitate tourism and business travel to fuel the E-Passport and E-Visa market in the region over the forecast period.

Report Scope:

Attribute	Details
Market Size 2024	US$ 32.0 billion
Projected Market Size 2034	US$ 64.0 billion
CAGR Growth Rate	7.2%
Base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Billion & CAGR from 2024 to 2034
Market Segmentation	By Type - Fruits and vegetables, Fish and Seafood, Bakery, Dairy, and others By Application - Supermarkets, Open Markets, Hypermarkets, Fish Shops, and Other.
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the E-Passport and E-Visa Market report based on Type, Application and region:

E-Passport and E-Visa Market, By Type:

• E-Passport Chip
• System Integration
• Biometrics
• RFID
• PKI

E-Passport and E-Visa Market, By Application:

• Leisure Travel
• Business Travel

E-Passport and E-Visa Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the E-Passport and E-Visa Market includes, Cardlogic Ltd., The Infineon Technologies, Oberthur Technologies, Safran Identity and Security, 4G Identity Solutions, Ask, Iris, Datacard Group, Eastcompeace, and Muh.

Recent Development:

• In July 2023, the digital passport project called Passport Seva Programme 2.0 announced the launch of long-awaited e-passports, equipped with biometric chips compliant with the latest ICAO standards. The second-generation passport project is being implemented in a public-private partnership with Tata Consultancy Services. Tata’s contract is worth nearly $1 billion spread over nine-and-a-half years, according to estimates. The Indian government concluded a successful pilot in 2022 by issuing 20,000 copies of the ID document.
• In November 2023, the High Commission of India in Canada announced that India has resumed electronic visa services for eligible Canadian citizens. The latest move is being seen as a step that could reduce tensions between the two countries.

• Cardlogic Ltd.*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• The Infineon Technologies
• Oberthur Technologies
• Safran Identity and Security
• 4G Identity Solutions
• Ask, Iris
• Datacard Group
• Eastcompeace
• Muh.

“*” marked represents similar segmentation in other categories in the respective section

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Type
  • Market Snippet, By Application
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• E-Passport Chip
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• System Integration
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Biometrics
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• RFID
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• PKI
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Leisure Travel
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Business Travel
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• GCC
• Israel
• South Africa
• Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

• Cardlogic Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• The Infineon Technologies
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Oberthur Technologies
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Safran Identity and Security
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• 4G Identity Solutions
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Ask
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Iris
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Datacard Group
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Eastcompeace
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Muh
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

The Last Word

• Future Impact
• About Us
• Contact