전자 여권(e-Passport) 시장 예측(-2030년) : 유형, 컴포넌트, 보안, 기술, 용도, 최종사용자, 지역별 세계 분석

According to Stratistics MRC, the Global E-passport Market is accounted for $43.43 billion in 2024 and is expected to reach $148.93 billion by 2030 growing at a CAGR of 22.8% during the forecast period. An electronic passport, also known as an e-passport, is a modernized passport with an embedded microchip for quicker processing and increased security. The e-passport's chip contains the biometric information of the passport holder, including fingerprints, iris scans, and digital photos, which can be compared to information in government databases. Because it is difficult to duplicate or alter the data on the chip, this technology offers strong protection against identity theft and document tampering.

According to the International Civil Aviation Organization (ICAO), the adoption of e-passports has significantly enhanced global travel security. Approximately 145 ICAO member states now issue e-passports, with 78 of these countries participating in the ICAO Public Key Directory (PKD) system.

Market Dynamics:

Driver:

Growing demand for international travel

Due to the rapid increase in demand for international travel, the travel industry has experienced resurgence since the pandemic. This trend is caused by a number of factors, including the relaxation of travel restrictions, the growth of low-cost airlines, and the expansion of tourism in emerging markets. Effective travel documentation is essential as more people and families look to experience other cultures and places. Additionally, e-passports make it easier to cross borders, cutting down on wait times and improving the trip experience in general. The market for e-passports is anticipated to continue to grow as nations adjust to handle increasing traveler volumes.

Restraint:

Issues with data security

Data security is a major concern because e-passports mainly rely on digital technology and biometric information. Cyber attacks against e-passport systems are a serious risk to both personal privacy and national security. Identity theft or illegal access to secure systems may result from cybercriminals attempts to breach databases holding private data saved on e-passports. Furthermore, travelers may be reluctant to embrace e-passports due to the possibility of data breaches undermining public confidence in the technology's security. To defend against these threats, governments and organizations must constantly invest in strong cybersecurity measures, which can be an expensive undertaking.

Opportunity:

Initiatives for smart airports

The e-passport market is seeing new growth as a result of global smart airport initiatives. In an effort to improve security and speed up passenger processing, airports are increasingly implementing automated border control systems that make use of biometric verification technologies. Because they offer safe identification techniques that complement smart airports' objectives to increase productivity and lower human error during immigration checks, e-passports are essential to these efforts. Moreover, the need for e-passport solutions that work well with current systems will rise as more airports adopt these technologies.

Threat:

Technological developments in counterfeiting

The methods used by counterfeiters also advance in sophistication along with e-passport technology. The integrity of travel documents and border security are seriously threatened by criminal organizations constant development of new techniques for copying or forging e-passports. Governments and tech companies must be constantly vigilant and innovative in order to keep up with the arms race between security technology developers and counterfeiters. Additionally, failure to keep up with these developments may lead to more fraud cases, eroding the legitimacy of e-passports and possibly resulting in more stringent laws that make their use more difficult.

Covid-19 Impact:

The market for e-passports has been greatly impacted by the COVID-19 pandemic, which has impeded its expansion during the worst of the crisis. International travel virtually stopped as governments around the world imposed stringent lockdowns and travel restrictions to stop the virus's spread, which resulted in a dramatic drop in passport applications and renewals. In major markets like the United States, United Kingdom, France, and Germany, where flight cancellations and strict regulations significantly restricted cross-border movement, this disruption was especially noticeable. However, countries wanted to improve security and expedite travel procedures for returning travellers, which led to a renewed interest in e-passports as vaccination campaigns accelerated globally and restrictions started to loosen.

The Ordinary E-passport segment is expected to be the largest during the forecast period

The segment with the largest share is expected to be ordinary e-passports. Ordinary e-passports are intended to improve security and ease international travel, and they are issued to the general public for routine travel purposes. Usually, these passports have biometric features like RFID chips that store fingerprint and facial recognition information as well as personal data. Moreover, growing demand for international travel, government efforts to strengthen border security and technological developments that increase passport processing efficiency are the main drivers behind the widespread adoption of standard electronic passports.

The Password Authenticated Connection Establishment (PACE) segment is expected to have the highest CAGR during the forecast period

The segment with the highest predicted CAGR is Password Authenticated Connection Establishment (PACE). PACE is a cutting-edge security system that uses contemporary cryptographic techniques to improve the security of biometric data stored in e-passports. PACE provides a more reliable framework for protecting communication between the passport chip and reading devices than Basic Access Control (BAC), which depends on less complex encryption techniques. Additionally, by using strong passwords and enabling mutual authentication, it greatly lowers the possibility of illegal access and data transmission eavesdropping.

Region with largest share:

Due to a combination of strict security regulations, a high volume of international travel, and the adoption of advanced technology, the Europe region has the largest share of the e-passport market. With nations like the UK, Germany, and France spearheading the adoption of biometric passports to improve border security and expedite immigration procedures, Europe was at the forefront of the e-passport rollout. The European Union's pledge to uphold consistent e-passport requirements among its member states has further sped up regional development. Furthermore, Europe's market dominance is also a result of its sophisticated airport infrastructure and commitment to preventing identity theft.

Region with highest CAGR:

The e-passport market's highest CAGR is anticipated in the Asia-Pacific region. The increasing use of cutting-edge technologies like biometrics and facial recognition, which are being adopted in several developing countries throughout the region, is one of the factors driving this rapid growth. The demand for e-passports is further fueled by the existence of sophisticated airport infrastructure and a growing middle class with increasing disposable incomes as more people look to travel abroad. Additionally, the adoption of e-passport systems is being accelerated by government initiatives to combat identity fraud and improve national security.

Key players in the market

Some of the key players in E-passport market include Thales Group, Muhlbauer Group, Eastcompeace Technology Co., Ltd., Infineon Technologies AG, 3M, Aion Tech Solutions Ltd., Panasonic Holdings Corp., Entrust Corporation, NXP Semiconductors NV, CardLogix Corporation, Honeywell International Inc., Entrust Corporation, SAFRAN, Primekey Solutions AB and HID Global Corporation.

Key Developments:

In July 2024, Panasonic Corporation announced that its Cold Chain Solutions Company has entered into an agreement with Cooling Solutions S.L. to purchase all the shares of its subsidiary Area Cooling Solutions Sp. z o.o., a Polish refrigeration equipment manufacturer.

In March 2024, 3M and HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) have signed a joint research project agreement to develop large liquid hydrogen storage tanks using Glass Bubbles from 3M - a high-strength, low-density hollow glass microsphere.

In January 2024, Infineon Technologies AG and Wolfspeed, Inc., a global leader in silicon carbide technology, announced the expansion and extension of their existing long-term 150mm silicon carbide wafer supply agreement, originally signed in February 2018.

Types Covered:

• Ordinary E-passport
• Service E-passport
• Diplomatic E-passport

Components Covered:

• Hardware
• Software
• Service

Securities Covered:

• Basic Access Control (BAC)
• Password Authenticated Connection Establishment (PACE)
• Supplemental Access Control (SAC)
• Extended Access Control (EAC)

Technologies Covered:

• Radio Frequency Identification (RFID)
• Contactless Microprocessor
• Cryptography
• Biometric

Applications Covered:

• Leisure Travel
• Business Travel
• Identification and Authentication

End Users Covered:

• Enterprises/Corporates
• Government
• Individual Citizens

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global E-passport Market, By Type

• 5.1 Introduction
• 5.2 Ordinary E-passport
• 5.3 Service E-passport
• 5.4 Diplomatic E-passport

6 Global E-passport Market, By Component

• 6.1 Introduction
• 6.2 Hardware
  • 6.2.1 Antenna
  • 6.2.2 Processor/Chip
• 6.3 Software
• 6.4 Service

7 Global E-passport Market, By Security

• 7.1 Introduction
• 7.2 Basic Access Control (BAC)
• 7.3 Password Authenticated Connection Establishment (PACE)
• 7.4 Supplemental Access Control (SAC)
• 7.5 Extended Access Control (EAC)

8 Global E-passport Market, By Technology

• 8.1 Introduction
• 8.2 Radio Frequency Identification (RFID)
• 8.3 Contactless Microprocessor
• 8.4 Cryptography
• 8.5 Biometric
  • 8.5.1 Facial Recognition
  • 8.5.2 Fingerprint Recognition
  • 8.5.3 Iris Recognition
  • 8.5.4 Other Biometrics

9 Global E-passport Market, By Application

• 9.1 Introduction
• 9.2 Leisure Travel
• 9.3 Business Travel
• 9.4 Identification and Authentication

10 Global E-passport Market, By End User

• 10.1 Introduction
• 10.2 Enterprises/Corporates
• 10.3 Government
• 10.4 Individual Citizens

11 Global E-passport Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Thales Group
• 13.2 Muhlbauer Group
• 13.3 Eastcompeace Technology Co., Ltd.
• 13.4 Infineon Technologies AG
• 13.5 3M
• 13.6 Aion Tech Solutions Ltd.
• 13.7 Panasonic Holdings Corp.
• 13.8 Entrust Corporation
• 13.9 NXP Semiconductors NV
• 13.10 CardLogix Corporation
• 13.11 Honeywell International Inc.
• 13.12 Entrust Corporation
• 13.13 SAFRAN
• 13.14 Primekey Solutions AB
• 13.15 HID Global Corporation