Gemalto, Morpho, Oberthur, G&D dominating e-passport market: research

September 23, 2013 - 

The global market for e-passports is set to grow at a CAGR of 32.5% over the period of 2012-2016, according to new research published by TechNavio.

The report, Global e-passport Market 2012-2016, notes that one of the key factors contributing to this growth is increased government regulations. However, the report also indicates that high implementation costs of e-passports could pose a challenge to this growth.

According to the report, vendors dominating this space include GemaltoGiesecke and DevrientMorpho and Oberthur Technologies.

Biometric data is increasingly a part of e-passports – often as embedded fingerprints and facial images.

e-Passports are also seen as a major driver to the global biometrtics market. According to separate research, revenue for the global biometrics market is anticipated to reach $20 million by 2018, and national identity programs and biometric passports are major growth drivers for the industry. 

Based on a recent Steria survey, more than half of Europeans support biometric systems for ID documents or ePassports.

According to a SecureIDNews report from 2012, 93 out of 193 U.N member states were issuing e-passports at the time, with 21 additional countries ready to deploy the technology in the next 2 years.

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About Adam Vrankulj

Adam Vrankulj is an editor for BiometricUpdate.com. His background consists of online news writing, editing and content marketing. Adam has written for CBCNews.ca, BlogTO and was the editor and curator for the nextMEDIA and CIX Source publications. He has a degree in journalism and is passionate about science, technology and social innovation. Contact Adam, or follow him at @adamvrankulj