E-Passport Market Top Impacting Factors, Growth Analysis, Industry Predictions  and Forecast 2027

The growing tourism industry is expected to fuel the leisure travel segment during the forecast period. Governments across the world are investing in tourism development, which is further expected to create a surge in the demand of the leisure travel segment.

E-Passport Market Overview:

The E-Passport market analysis provides a comprehensive picture of the competition, including the market share and company profiles of the worldwide industry's top rivals. The research scope covers a complete analysis of the E-Passport Market, as well as the causes for variances in the industry's growth in various places.

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Market Scope:

To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.

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Segmentation:

One of the key factors propelling the market during the forecast period is the growing requirement for security strengthening due to the rising threat of identity fraud. During the forecast period, a rise in international air passenger traffic is anticipated to fuel market expansion. The market is supported by the airports' continuing modernizations.

Key Players:

The entire procedure comprises a review of the financial records of the important market participants. Following an evaluation of the total market size, the market was divided into many divisions and sub-segments, which were confirmed by key industry professionals such as CEOs, VPs, directors, and marketing executives. The biggest players in the E-Passport market are as follows:

• Atlantic Zeiser
• Gemalto
• PrimeKey
• Arjo Systems
• Entrust
• Oberthur
• Multos International
• Edaps Overseas
• M2SYS
• Kona I
• ASK
• Muhlbauer Group
• 3M
• Austria Card
• De La Rue
• Safelayer S.A.

Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the E-Passport market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

COVID-19 Impact Analysis on E-Passport Market:

Due to a break in operations, end-user sectors where E-Passport are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for E-Passport manufacturers, affecting the development of the E-Passport market in 2020. End-user business demand for E-Passport has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.

Key Questions Answered in the E-Passport Market Report are:

  • Which segment had the largest share in the E-Passport market in 2021?
  • What is the competitive landscape of the E-Passport market?
  • Which are the key drivers aiding the E-Passport market growth?
  • Which region has the maximum share in the E-Passport market?
  • What will be the CAGR of the E-Passport market during the forecast period (2021-2027)?

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