Would Electronic Passports perform vital role In the Upcoming Years?
Electronics passport (e-passport) is embraced with an electronic chip. It is an advanced form of old documents developed improve security globally by restricting fraudulent cases. The e-passports are used to identity a traveler using digital means such as digital signature, unique identification number, biometrics, and others.
Rising concern to detect fraud and illegal activities, availability of advanced airport infrastructure, and growing cross-border travelers are some of the major factors responsible for driving the growth of electronic passport market. In addition to this, upsurge in in the development activities of wireless communication technology is anticipated to provide ample of growth opportunities to the players operating in the electronic passport market.
The report analyzes factors affecting the electronic passport market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the text annotation tools in these regions.
Companies Profiled in this report includes::
Atlantic Zeiser GmbH, AUSTRIACARD AG, CardLogix Corporation,
Entrust Datacard Corporation, HID Global Corporation (Assa Abloy AB), Infineon
Technologies AG, M?hlbauer Group, Multos International, M2SYS Technology,
Thales Group
The reports cover key developments in the electronic passport market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from electronic passport market are anticipated to lucrative growth opportunities in the future with the rising demand for text annotation tools in the global market. Below mentioned is the list of few companies engaged in the electronic passport market.
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