Global Electronic Identification (eID) Market Growth (Status and Outlook) 2024-2030

Global Electronic Identification (eID) Market Growth (Status and Outlook) 2024-2030

According to our LPI (LP Information) latest study, the global Electronic Identification (eID) market size was valued at US$ million in 2023. With growing demand in downstream market, the Electronic Identification (eID) is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.

The research report highlights the growth potential of the global Electronic Identification (eID) market. Electronic Identification (eID) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Electronic Identification (eID). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Electronic Identification (eID) market.

An electronic identification ("eID") is a digital solution for proof of identity of citizens or organizations, for example in view to access benefits or services provided by government authorities, banks or other companies, for mobile payments, etc. Apart from online authentication and login, many electronic identity services also give users the option to sign electronic documents with a digital signature.

One form of eID is an electronic identification card (eIC), which is a physical identity card that can be used for online and offline personal identification or authentication. The eIC is a smartcardin ID-1 format of a regular bank card, with identity information printed on the surface (such as personal details and a photograph) and in an embedded RFID microchip, similar to that in biometric passports. The chip stores the information printed on the card (such as the holder's name and date of birth) and the holder's biometric photo. It may also store the holder's fingerprints. The card may be used for online authentication, such as for age verification or for e-government applications. An electronic signature, provided by a private company, may also be stored on the chip.

Key Features:

The report on Electronic Identification (eID) market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Electronic Identification (eID) market. It may include historical data, market segmentation by Type (e.g., Radio Frequency Card, IC Card), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Electronic Identification (eID) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Electronic Identification (eID) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Electronic Identification (eID) industry. This include advancements in Electronic Identification (eID) technology, Electronic Identification (eID) new entrants, Electronic Identification (eID) new investment, and other innovations that are shaping the future of Electronic Identification (eID).

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Electronic Identification (eID) market. It includes factors influencing customer ' purchasing decisions, preferences for Electronic Identification (eID) product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Electronic Identification (eID) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Electronic Identification (eID) market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Electronic Identification (eID) market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Electronic Identification (eID) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Electronic Identification (eID) market.

Market Segmentation:

Electronic Identification (eID) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Segmentation by type
Radio Frequency Card
IC Card
Other

Segmentation by application
Transportation
Contactless Bank Cards
Identification
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Gemalto
Bundesdruckerei
Goznak
Giesecke & Devrient
Iris Corporation Berhad
Semlex Group
Veridos
Morpho
NXP
Infineon Technologies
HID Global
IDEXPERTS

Please note: The report will take approximately 2 business days to prepare and deliver.