“Enhancing Global Travel: The Evolution of E-passport Market”, Report by Market.us
Introduction The e-passport market has witnessed rapid growth over the past decade, driven by technological advancements and the increasing need for secure and efficient international travel. E-passports, also known as biometric passports, combine traditional paper-based passports with embedded electronic chips that store personal information and biometric data. These digital enhancements have revolutionized the travel industry by providing enhanced security features, reducing passport fraud, and expediting immigration processes The global e-passport market was valued at USD 25.9 billion in 2022 and is expected to reach USD 88.3 billion by 2032, growing at a CAGR of 13.4% during the forecast period. The…
- Date: August 2, 2023
- Author: Thomas Bretz
- Category: Taiwan News