Business

E-passport and E-visa Market to Grow at a Healthy CAGR

E-passport and E-visa size and research report

The global E-passport and E-visa market depicts the presence of a highly fragmented structure, says Researchvector on the basis of a newly published report. This is mainly due to a low entry barrier present in the market that has made it possible for innumerable players to progress in this sector. Cardlogic, Infineon Technologies, Oberthur Technologies, Safran Identity and Security, Muhlbauer Group are some of the key players operating in the global E-passport and E-visa market. Most companies are prophesied to compete with each other on the basis of bringing forth product innovations and technological advancements for product manufacturing during the next few years. Participating in mergers & acquisitions, and strategic partnerships are also on their focus for strengthening of their businesses, states the research report.

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As per expert analysts, the global E-passport and E-visa market gained revenue worth US$0.XX bn in 2016, which is further expected to rise up to US$X.XX bn by the end of 2024. This growth is anticipated to occur at a splendid CAGR of 10.40% during the forecast period ranging from 2015 to 2024.

Geography-wise, the global surface disinfectant market is spread across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of these, a prominent position is held by Asia Pacific, thanks to the presence of numerous renowned product manufacturers. A rising disposable income of consumers, increasing implementation of cleanliness and hygiene regulations by state authorities too is boosting growth of the global surface disinfectant market in Asia Pacific. This growth is prophesied to rise at a CAGR of 11.30% during the forecast period.

Among other regional markets, the Middle East and Africa is also projected to report a high growth rate in the near future followed closely by Latin America. However, North America and Europe are anticipated to demonstrate a substantially slow growth rate over the next few years, owing to reliance from consumers for various other alternatives.

Key segments of the global surface disinfectant market:

Key PlayersType
Application
Region
Cardlogic, Infineon Technologies, Oberthur Technologies, Safran Identity and Security, Muhlbauer Group, Ask, Iris, Datacard Group, Eastcompeace
  • E-passport Chip
  • System Integration
  • Biometrics
  • RFID
  • PKI

  • Leisure Travel
  • Business Travel

United States, Europe, China, Japan, Southeast Asia, India

Study Objectives of E-passport and E-visa Market:

  • To study and forecast the market size of E-passport and E-visa in global market.
  • To analyze the global key players, SWOT analysis, value and global market share for top players.
  • To define, describe and forecast the market by type, end use and region.
  • To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
  • To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Researchvector is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Researchvector employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

About the author

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Mathieu Thomas

Mathieu is a diehard Rafael Nadal fan. He is very passionate about covering emerging talents in different sports. When he is not screaming his lung out to support his favorite team, he can seen watching movies and planning his next travel destination.