With these documents in place, the focus shifts to developing a highly secure, truly interoperable international border infrastructure that incorporates fast and reliable ePassport authentication and biometric verification
Louisville, CO (PRWEB) March 22, 2010
New research from Acuity Market Intelligence indicates that ePassports accounted for 57% of all passports issued and 28% of all passports in circulation in 2009. Acuity projects that continued market adoption will drive ePassport penetration to 88% of all passports issued in 2014 accounting for nearly 80% of all passports in circulation by the beginning of 2015.
Acuity provided further analysis of ICAO compliant ePassports, which accounted for 53% of all passports issued and 25% of all passports in circulation in 2009. ICAO compliant market adoption is projected to reach 84% of all passports issued in 2014, representing 77% of all passports in circulation by the beginning of 2015. These projections reflect Malaysia’s recently launched ICAO compliant ePassport in February 2010.
"As adoption rates indicate, ePassport deployment will reach a sustainable level of maturity over the next few years", says Acuity Principal, C. Maxine Most. "With these documents in place, the focus shifts to developing a highly secure, truly interoperable international border infrastructure that incorporates fast and reliable ePassport authentication and biometric verification driving continued growth of the ePassport market ecosystem".
"In addition ePassports and associated enrolment, verification, and authentication equipment will be continually updated and upgraded", adds Rudie Lion, secure document and smart card expert and report co-author. Lion continues, "Given the speed of technology innovation, the need to engineer ahead of security breeches, and the wear and tear on these human interfacing technologies, accelerated replacement cycles will provide on-gong market opportunities".
Most concludes that “while the data carrier known as ePassport has instigated a new level of border security and travel facilitation, the coming decade will be characterized by bringing other data carriers such as eVisas in line, developing, testing and integrating automated border control solutions, and implementing novel operational models to fully include less-developed regions of the world.
Today’s announcement is based on pre-publication results from Acuity’s upcoming research “The Global ePassport and eVisa Industry Report” providing lucid, unbiased, insight and analysis and previously unpublished critical data and statistics on the ePassport and eVisa marketplace. This unprecedented report, available in April 2010, offers Acuity’s trademark brand of hype-free insight into the worldwide opportunity for the development of secure electronic passports and visas including a comprehensive opportunity analysis and targeted revenue forecasts for 2010 to 2015.
For pre-publication pricing and report previews, visit ePassport & eVisa Report Preview
To order or for more information on "The Global ePassport and eVisa Industry Report", contact Acuity at +1 303 449 189, info(at)acuity-mi(dot)com, or visit http://www.acuity-mi.com.
About Acuity Market Intelligence
Acuity Market Intelligence (http://www.acuity-mi.com) is an emerging technology strategy and research consultancy with a proven record of accurately anticipating identification solutions market trends. The company provides strategic planning, market research and analysis, sector tracking, opportunity sizing, solution and deployment analysis, due diligence, executive briefings, and customized consulting. Acuity publishes the industry leading biometrics market analysis newsletter, the Biometrics Market Intelligence eUpdate. Qualified readers can subscribe at http://www.biometricsmi.com . Founded in October 2001, Acuity is headquartered in Louisville, Colorado, USA with clients in the United States, Asia and Europe.
For further information, please contact:
Acuity Market Intelligence
+1 303 449 1897
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