What is Driving the Electronic Passports Market to Grow at a 6.1% CAGR by 2034?

Intel Market Research, the global electronic passports market was valued at USD 11.27 billion in 2024 and is projected to reach USD 17.45 billion by 2034, growing at a steady CAGR of 6.1% during the forecast period (2025–2034). This expansion is fueled by heightened border security needs, increased international travel, and technological advancements in biometric identification.