The E-Passport Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the E-Passport Market?
The e-passport global market has seen substantial growth in recent years. Its market size is projected to increase from $41.56 billion in 2024 to $52.63 billion in 2025, with a compound annual growth rate (CAGR) of 26.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the E-Passport Industry?
The E-Passport Global Market is predicted to reach a size of $121.53 billion by 2029, growing at a compound annual growth rate (CAGR) of 23.3%.
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What are the Key Growth Drivers Fueling the E-Passport Market?
The key drivers in the e-passport market are:
• Integration with wearable devices is fueling the e-passport market.
• Advancements in liveness detection technology also drive the market growth.
• Regulatory frameworks for biometric payments are propelling the market upwards.
• User education, acceptance and customization for different industries are key to the market's growth.
Global Market Segmentation: Identifying Major E-Passport Industry Segments
The e-passport market covered in this report is segmented –
1) By Components: Hardware, Software, Services
2) By Security: Basic Access Control, Password Authentication Connection Establishment, Supplement Access Control
3) By Technology: Radio Frequency Identification, Biometrics
4) By Application: Business Travel, Leisure Travel
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What are the Emerging Trends Shaping the Future of the E-Passport Market?
The key trends in the e-passport market are:
• There is a coming trend of integration with wearable devices in the E-Passport market.
• Advancements in liveness detection technology are expected to shape the future of the industry.
• Significant support from governments for digital payments is emerging as a trend.
• Blockchain and cryptocurrency integration is also predicted as a future trend.
Who Are the Top Competitors & Leading Players in the E-Passport Market?
Major companies in the e-passport market are:
• 3M
• Safran SA
• Thales Group
• Infineon Technologies Ag
• NXP Semiconductors N.V.
• ASSA ABLOY AB
• Zebra Technologies Corporation
• Giesecke & Devrient GmbH
• Gemalto N.V.
• IDEMIA
• Entrust Datacard Corporation
• HID Global Corporation
• Entrust Inc.
• Iris Corporate Solutions Private Limited
• Bundesdruckerei GmbH
• Muhlbauer Group
• De La Rue PLC
• Zetes Industries SA
• Eastcompeace Technology Co. Ltd.
• 4G Identity Solutions Pvt. Ltd.
• Utimaco IS GmbH
• Veridos GmbH
• Dermalog Identification Systems
• Techno Brain Group
• Cognitec Systems GmbH
• Ask Media Group LLC
• Innovatrics
• Primekey Solutions AB
• CardLogix Corporation
• IDEX Biometrics
Regional Dominance: Which Area Leads the Global E-Passport Market?
North America was the largest region in the e-passport market in 2024
