Get In Touch

Biometric Passport: Introduction

  • A biometric passport has specially designed passport pages that contain data chip, and complex watermarks.
  • Biometric passports are used to identify personal data over a passport PIN or photo as it uses personal characters such as eye maps, facial attributes, and fingerprints as primary credential features.
  • These biometric features were recognized by The International Civil Aviation Organization (ICAO) after examining multiple other biometrics including retinal and fingerprint scans.
  • Biometric passports are segmented by type (facial recognition, fingerprint recognition, iris recognition, others), by application (leisure travel, business travel), and region.

Rise in Demand from the Business Travel Segment

  • The business travel segment is expected to be the fastest growing segment of the biometric passport market during the forecast period.
  • Increasing advanced verification means to detect identity frauds, presence of advanced airport infrastructure facilities, and adoption of e-passport, is projected to boost the growth of the global biometric passport market during the forecast period.
  • Moreover, presence of advanced infrastructure facilitates easy passenger identification to reduce the waiting time of passengers, which is expected to boost the demand for biometric passports during the forecast period.
  • Furthermore, continuous growth in number of people traveling to cross-border destinations due to business reasons propels the demand for biometric passports
  • Some of the major restraints of the biometric passport market are the high deployment cost, data security concerns, and lack of technical know-how.

North America to Lead the Biometric Passport Market

  • In terms of region, the global biometric passport market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • North America is anticipated to witness the fastest growth in the global biometric passport market throughout the forecast period, as a large number of manufacturers of biometric passports operate in the region.
  • The United States and Canada are major contributors to the growth of the biometric passport market in the North America region.
  • Furthermore, the large presence of BFSI, regulatory agencies, smart city projects, and initiatives from governments in various countries in the region boosts the demand for biometric passports.
  • The biometric passport market in Europe is expected to expand at a substantial rate during the forecast period as developers in European countries are focusing on adopting new technologies. On the other hand, the market in Asia Pacific, Middle East & Africa, and South America is estimated to expand at a moderate pace during the forecast period.

Key Players Operating in the Global Biometric Passport Market

The global biometric passport market was highly fragmented in 2021. Major players operating in the global market are focusing on technological advancements and expansion to meet the rising demand for biometric passports.

Key players operating in the global biometric passport market include:

  • Cognitec Systems GmbH
  • Cross Match Technologies
  • Fujitsu Ltd.
  • Facebanx
  • Secunet Security Networks AG
  • Thales SA Gemalto N.V.
  • Mühlbauer Group
  • Entrust Datacard Corporation
  • 4G Identity Solution
  • Eastcompeace Technology Co.
  • Safran S.A.
  • IDEMIA LLC.

Global Biometric Passport Market: Research Scope

Global Biometric Passport Market, by Type

  • Facial Recognition
  • Fingerprint Recognition
  • Iris Recognition
  • Others

Global Biometric Passport Market, by Application

  • Leisure Travel
  • Business Travel

Global Biometric Passport Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Biometric Passport Market

Pre Book