Global E-passport and E-visa market will reach 14230.1 million US$ by the end of 2025
Published Date: 2019/6/5
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.
The global revenue for the E-passport and E-visa market was valued at $ 7879.4 million in 2017, and is expected to generate revenue of $ 14230.1 million by end of 2025, growing at a CAGR of 6.35 % between 2017 and 2025.
In this study, the market for the E-passport and E-visa consumption divided into six geographic regions. QYResaech analysts estimate 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.
Click to view the full report: https://www.qyresearch.com/index/detail/62094/global-e-passport-and-e-visa-market
Marketing: sales@qyresearchglobal.com
Media Contact: press@qyresearch.com
评论
发表评论