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Software Industry News

September 23, 2013
 

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

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 Gemalto, Giesecke and Devrient, Morpho and Oberthur Technologies. Biometric