28 December 2018
– The Global E-Passports
Market has witnessed the increasing use of e-Passport as a
standard travel document. Though, the high application costs of e-passports
might pose a challenge to the evolution of this market.Various nations are
gradually implementing the e-passport system as a standard travel document. A
foremost purpose for this is that it is obligatory for EU countries and ICAO
member countries to implement the e-passport. Additional reason for this is the
improved security provided by the e-passport owing to the smart card technology
being used.
It offers security against identity fraud, faster
immigration inspection, and effective border control. This is having a
progressive impact on the demand for e-passports as a travel document.One of
the key drivers of the global e-passport market includes rise in regulatory
issues. The ICAO has made it obligatory for its associate countries to
implement e-passports for secure cross border travel. This has caused large
number of countries in the South America and Asia Pacific region executing the
e-passport system for travel.
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Further, one of the main challenges tackled by global
e-passport market is high cost incurred for the implementation of e-passports.
Execution of e-passports involves the use of a biometric technologies and smart
card to protect important information in the smart chip, which experiences high
costs. The key trend in the global e-passport observed from the past is high
adoption of hybrid smart cards.The key vendors of the global e-passport market
include Obberthur Technologies, Giesecke and Devrient, Gemalto, and Morpho.
Other prominent vendors include 4G Identity Solutions, CardLogic, Eastcompeace,
Infineon Technologies, Mühlbauer Group, ASK, DataCard, HID, and IRIS.
Oberthur Technologies is one of the world’s major suppliers
of identification and security services and solutions. Oberthur Technologies
has instigated over the last two years an end to end identity system solution
comprising document verification, e-passport personalization, border control
and authentication, and citizen enrolment. Uzbek citizens can now help from the
latest state of the art protected electronic passports, delivered by Oberthur
Technologies.
Many states in South America, Africa and Central America
have yet to commit to the new technology, though various major countries
including South Africa and Mexico are amongst the 21 nations registered by ICAO
as “pending” for e-passport dispositions.There are still some nations around
the world that are not yet allotting e-passports. Though, most have started
issuing e-passports. The other nations which are planning to issue e-passports
in the near future include Kenya, Jamaica, Cameroon, Armenia, Bahrain, China,
Columbia, Lebanon, Saudi Arabia, Israel, Uzbekistan and Oman.
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Market Segment:
On the basis of
product, this report displays the production, revenue, price, market share and
growth rate of each type, primarily
split into
• Long Term
• Short Term
On the basis of the
end users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate for
each application, including
•
Individual Use
•
Commercial Use
Key Regions
·
North America
·
Europe
·
Asia Pacific
·
Middle East and Africa
·
South America
