Reports Monitor

E-Passport and E-Visa Market Increasing Demand to Make Highest Revenue Value at CAGR of 8.2% by End of 2024

 

Maharashtra, India -- (SBWIRE) -- 03/15/2019 -- Reports Monitor recently added the Global E-passport and E-visa Market report that gives out well-defined information on the current situation of the Market size, share, growth, demand, trends, and forecast for the upcoming years.

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E-passport is an electronic passport with high security printing, an inlay including an antenna and a microprocessor, and other security features. An E-passport is a biometric passport which includes a chip, which can be used at the automated E-passport gates instead of having your passport checked by a Border Force officer. The chip holds the same information that is printed on the passport's data page: the holder's name, date of birth, and other biographic information. In some countries, including Germany, E-passport include two fingerprints as well.

An electronic visa (E-visa) is one of visa types issued to foreigners by Immigration Department via electronic system. E-visa, also known as e-visa, refers to the "electronic" of traditional paper visas. All information on passport holders' visas is stored electronically in the visa issuing authority's system. After successful of e-visa processing, the visa can be printed and used.

Scope of the Report:

The market for the E-passport and E-visa consumption divided into six geographic regions. The Europe to lead the global market for E-passport and E-visa during the forecast period. This region accounts for a market share of nearly 32.78 % by 2025 and is closely followed by the USA and China.

Asia Pacific (APAC) has always been a lucrative region. The E-passport and E-visa market in APAC is expected to grow at the highest CAGR during the forecast period. China, Japan India and Southeast Asia are the key countries in the E-passport and E-visa in APAC. Briefly speaking, in the next few years, E-passport and E-visa industry will still be a High-speed development and energetic industry. Sales of E-passport and E-visa have brought a lot of opportunities, due to the rapid development of the tourism industry.

Of the major players of the E-passport and E-visa market, Gemalto maintained its first place in the ranking in 2017. Gemalto accounted for 30.97 % of the Global E-passport and E-visa sales volume market share in 2017. Other players accounted for 17.45 %, 12.79 % including Shanghai Mite Speciality & Precision Printing and India Security Press.

The worldwide market for E-passport and E-visa is expected to grow at a CAGR of roughly 8.2% over the next five years, will reach 12600 million US$ in 2024, from 7880 million US$ in 2019.

Market Segment by Manufacturers, this report covers
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

Market Segment by Type, covers
Ordinary E-passport
Service & Diplomatic E-Passport

Market Segment by Applications, can be divided into
Adult
Child

Research objectives:

To study and analyze the Global E-passport and E-visa Market size by substantial regions/countries, product type and application, descriptive history data from 2013 to 2018, and forecast to 2024.
To define the structure of E-passport and E-visa Market by learning its various sub-segments.
Focus on the dominant Global E-passport and E-visa Market players, to define, explain and analyze the value, market share, market competition landscape, SWOT analysis, and development plans in the upcoming years.
To examine the E-passport and E-visa Market in terms of individual growth trends, future potential, and their inputs to the total market.
To provide detailed information about the key factors impacting the growth of the market (growth potential, drivers, opportunities, industry-specific challenges, and risks).
To understand the size of E-passport and E-visa Market, taking into account the key regions, type [, Server Monitoring & Network Monitoring] and applications [SMEs & Large Enterprises].
To study and examine competitive developments such as agreements, new product launches, expansions, and acquisitions in the market.
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Fundamentals of Table of Content:

1 Report Overview

1.1 Study Scope

1.2 Key Market Segments

1.3 Players Covered

1.4 Market Analysis by Type

1.5 Market by Application

1.6 Study Objectives

1.7 Years Considered.

2 Global Growth Trends

2.1 Global E-passport and E-visa Market Size

2.2 E-passport and E-visa Growth Trends by Regions

2.3 Industry Trends.

3 Market Share by key players

3.1 Global E-passport and E-visa Market Size by Manufacturers

3.2 Global E-passport and E-visa key players Head office and Area Served

3.3 key players Product/Solution/Service

3.4 Enter barriers in E-passport and E-visa Market

3.5 Mergers, Acquisitions, Expansion Plans.

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