E-Passport Market Size, Market Trends, Market Demand & Growth Analysis 2022
One of the main challenges tackled by Global E-Passport Market is high cost incurred for the implementation of e-passports. Execution of e-passports involves the use of a biometric technologies and smart card to protect important information in the smart chip, which experiences high costs. The key trend in the global e-passport observed from the past is high adoption of hybrid smart cards.
One of the significant factors contributing to the global e-passport market growth is the growing need to fulfill with government regulations. The global e-passport market has witnessed the increasing use of e-Passport as a standard travel document. Though, the high application costs of e-passports might pose a challenge to the evolution of this market. Various nations are gradually implementing the epassport system as a standard travel document. A foremost purpose for this is that it is obligatory for EU countries and ICAO member countries to implement the e-passport. Additional reason for this is the improved security provided by the e-passport owing to the smart card technology being used. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/e-passport-market