ePassport Market to Witness Steady Growth at 22.1 % CAGR During 2018 - 2028

1. Exclusive Forecast Study of ePassport Market to Incur Growth at 22.1 % CAGR During 2018 - 2028 Feb 2020 Report Id : REP-GB-8987 Published On : 22 Feb, 2019 Category : Electronics, Semiconductors, and ICT www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Social Media Research Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

4. ePassport Market Global Air Quality Monitoring Equipment Market Report by Future Market Insights According to the latest market intelligence report by FMI, the global market size of Air Quality Monitoring Equipment pegged US$ 4.7 Bn in 2018 with a CAGR of xx% from 2014 to 2018, and is spectated to register US$ xx Mn/Bn by the end of 2029 with a CAGR of 7.0% from 2019 to 2029. The global Air Quality Monitoring Equipment Market report considers the following years to project the overall market growth:  History Year: 2014 - 2018  Base Year: 2018  Estimated Year: 2019  Forecast Year: 2019 – 2029 The present scenario of the Air Quality Monitoring Equipment Market is elaborated in terms of volume (x units), value (Mn/Bn USD), production, and consumption. The report scrutinizes the market into various segments, end uses, regions and players on the basis of demand pattern, and future prospect. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

5. ePassport Market VALLEY COTTAGE, N.Y. (GLOBE NEWSWIRE) -- The number of ePassports closed in on approximately 263,966 thousand units in 2018, and will record 19% Y-o-Y growth in 2019, according to a new study of Future Market Insights (FMI). Prospects of the ePassport market are influenced by a plethora of factors, ranging from protocols implemented by regulatory bodies such as ICAO, ACI, and IATA to improve border security, to smart airport initiatives such as biometrics. The local data structure (LDS) format, traditionally employed in ePassports, have been witnessing changes recently. With the International Civil Aviation Organization (ICAO) working on new version of LDS, called LDS2, which will retain the backward compatibility while incorporating read-write function. This will further extend the functionality of ePassport with applications that enable storage of travel data, including travel stamps and Visas, coupled with other information that include special programs or advanced biometrics for special passengers. The roadmap for LDS2 has birthed new concepts apropos of use and collection of passenger information, which in turn is expected to have far-reaching implications for the airports. With refugee crisis and rise in international terrorism, demand for counterfeit and stolen passports has been on the rise, which has led governments and airlines to better their security systems. Advent of ePassport alludes a future with more data transmission capability to a tamper-resistant and secure integrated circuit (IC), thereby revolutionizing airport security and reducing waiting times in long queues. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

6. ePassport Market RFID Remains Preferred Technology while Biometrics Gain Marked Significance According to the study, RFID technology has witnessed widespread adoption in ePassport generation, with global sales estimated at over 207,396 thousand units in 2018. New applications of RFID for ePassport have been introduced, however considerable privacy and security risks have been identified recently. This has led to the incorporation of multistage authentication for verification of ePassports, resulting in the adoption of biometrics in combination with RFID to reduce identity theft and fraud, while aiding governments in furthering their border security. Omnipresence of biometric technology continues to enable thorough, yet time-effective screenings with the aid of chip readers, which is particularly pervasive in commercialized settings such as the hospitality industry. As biometric technology becomes vital for national security, converging digital and physical identities via ePassports is viewed as commendable solution for improved efficacy and accuracy of border security. The study estimates the number of ePassports integrated with the biometric technology to register Y-o-Y growth at more than 18% in 2019 over 2018. ePassport Market Players Eyeing Long-term Contracts with Governments According to the study, companies operating in the ePassports market have been taking efforts to submit tenders and acquire supply contracts for ePassport developments and deployments. The multi-year service contract of Gemalto N.V. for British passports is a prime example of such instances. Key players in the ePassport market have been concentrating on the development & deployment of highly-encrypted ePassports, as new- generation passports witnessed increased incorporation by using PACE and SAC. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

7. ePassport Market Lack of infrastructure developments and relatively expensive nature of ePassports remain key growth impediments for their market growth. ePassport penetration is currently limited to developed markets, and several developing economies are yet to introduce the biometric and electronic variants, particularly held back by lack of capital and technological know-how. The study estimates Europe to lead the ePassport market in 2019, with East Asia following the suit. The market in East Asia is further projected by the study to outgrow all the other regional markets in the near future, with efforts of countries to improve their border security by introducing technologically advanced features in their passports. Press-release release/2019/02/25/1741519/0/en/ePassport-Market-Size-will-Record-at-a-CAGR-of-22-1-by-2028-Future- Market-Insights.html Source – https://www.globenewswire.com/news- About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

8. ePassport Market Contact Us Mr. Abhishek Budholiya 616 Corporate Way, Suite 2-9018 Valley Cottage, NY 10989 United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): +44(0)20-7692-8790 Sales: sales@futuremarketinsights.com Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

9. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved