E-Visa Market Research Report Market Forecast till 2032

E-Visa Market is expected to record a CAGR of 11.0% during the forecast period. The E-Visa market refers to the industries related to the processing, issuance, and management of visas and identifications for international travel. It includes government agencies responsible for giving visas and identifications, as well as private companies that provide services like expedited processing, travel insurance, and visa discussion.

The market for visas and identifications is influenced by elements, for example, international travel demand, political and economic circumstances, and security concerns. As international travel continues to develop, the demand for visas and identifications is likewise expected to increase. Moreover, advancements in technology, for example, biometric identification and e-travel papers, are likewise driving the market's growth.

E-visas have become increasingly famous as a way for travelers to apply for visas online and stay away from the time and effort required to apply for a visa through conventional methods, for example, embassy visits. In recent years, several government agencies have developed their own e-visa arrangements, which might restrain the growth of private players in this field.

Market Segmentation

Based on Component, the E-Visa Market segmentation includes Software and Services.

Based on the Application, the E-Visa Market segmentation is Travelling, Students/Educational Visa, Government/Foreign, Others.

Based on Platform, the E-Visa Market segmentation includes Desktop, Smartphone, Tablets.

Regional Insights

The Asia-Pacific E-Visa market accounted for ~40% in 2022. It is expected to exhibit a critical CAGR growth during the review period. The E-Visa market in the Asia Pacific region is a huge industry due to the large volume of travel and movement to and from the region. The Asia Pacific region comprises of numerous countries, each with its own set of E-Visa requirements.

Other countries in the region, like Japan, South Korea, and Australia, have profoundly developed E-Visa markets. Japan's identification is among the most powerful on the planet, with visa-free or visa-on-appearance access to over 190 countries. South Korea has a streamlined visa application process and offers multiple visa categories, including business, work, and student visas. Australia has a well-developed E-Visa system and offers several visa categories, including traveler, work, and student visas.

The E-Visa market in Europe is a significant industry due to the high volume of travel and movement to and from the region. Europe comprises of numerous countries, each with its own set of E-Visa requirements.

The European Association (EU) is the main market for visas and identifications in Europe. EU citizens can travel freely inside the member states without a visa, and the EU identification is widely accepted all over the planet. Non-EU citizens, however, need to apply for a Schengen visa to enter the EU for business or the travel industry purposes, and the process varies from one country to another.

Major Players

The key market players include Muhlbauer Group, BLS International, Scicom (MSC) Bhd, Canadian Bank Note Company, Limited (CBN), Cserve Technologies, IVisa.com, VisaHQ, Travisa Visa Service Inc., ItsEasy Passport & Visa Services, Gemalto N V, 4G Identity Solutions Pvt. Ltd, VFS Global, Securiport LLC, Swiss Authentis S.A.

Product Code: MRFR/ICT/7299-CR

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 16

1.1 MARKET ATTRACTIVENESS ANALYSIS 17

2 MARKET INTRODUCTION 18

2.1 DEFINITION 18
2.2 SCOPE OF THE STUDY 18
2.3 RESEARCH OBJECTIVE 18
2.4 MARKET STRUCTURE 19

3 RESEARCH METHODOLOGY 20

4 MARKET DYNAMICS 27

4.1 INTRODUCTION 27
4.2 DRIVERS 28
- 4.2.1 SMART PROCESSES TO ELIMINATE PAPERWORK AND SUPPORT OPERATORS 28
- 4.2.2 FLEXIBILITY AND SCALABILITY TO MEET CHANGING NEEDS 28
- 4.2.3 GOVERNMENT INITIATIVES FOCUSING ON THE IMPLEMENTATION OF E-VISA SYSTEMS TO ENHANCE

USER EXPERIENCE IN RECENT PAST 29

4.2.4 DRIVERS IMPACT ANALYSIS 30

4.3 RESTRAINTS 30
- 4.3.1 GOVERNMENT AGENCIES DEVELOPING THEIR OWN E-VISA SOLUTIONS TO CAUSE RESTRAIN FOR

GROWTH OF PRIVATE PLAYERS 30

4.3.2 NATIONAL SECURITY AND COMPLIANCE WITH INTERNATIONAL LAW COUPLED WITH TECHNICAL

REQUIREMENTS TO RESTRICT GROWTH OF MARKET IN TARGETED ECONOMIES 31

4.4 OPPORTUNITIES 32
- 4.4.1 DEMAND FROM EMERGING ECONOMIES 32
- 4.4.2 OFFERING VALUE-ADDED SERVICES TO CLIENTS 33
4.5 IMPACT ANALYSIS OF COVID-19 33
- 4.5.1 COVID 19 IMPACT ON TRAVEL INDUSTRY 33
- 4.5.2 INCREASING NEED FOR "ONLINE" VISA PROCESS ACROSS THE GLOBE 34
- 4.5.3 COVID 19 IMPACT ON OVERALL MARKET Y-O-Y IN 2020-2022 34
- 4.5.4 VACCINATION REQUIREMENTS 35

5 MARKET FACTOR ANALYSIS 36

5.1 VALUE CHAIN ANALYSIS 36
5.2 PORTER'S FIVE FORCES MODEL 37
- 5.2.1 THREAT OF NEW ENTRANTS 38
- 5.2.2 BARGAINING POWER OF SUPPLIERS 38
- 5.2.3 THREAT OF SUBSTITUTES 39
- 5.2.4 BARGAINING POWER OF BUYERS 39
- 5.2.5 INTENSITY OF RIVALRY 40
5.3 GLOBAL E-VISA OFFERING ANALYSIS 40

6 GLOBAL E-VISA MARKET, BY COMPONENT 41

6.1 OVERVIEW 41
- 6.1.1 GLOBAL E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 42
6.2 SOFTWARE 42
6.3 SERVICES 43

7 GLOBAL E-VISA MARKET, BY APPLICATION 44

7.1 OVERVIEW 44
- 7.1.1 GLOBAL E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 45
7.2 TRAVELLING 45
7.3 STUDENTS/EDUCATIONAL VISA 45
7.4 GOVERNMENT/FOREIGN AFFAIRS 46
7.5 OTHERS 46

8 GLOBAL E-VISA MARKET, BY PLATFORM 47

8.1 OVERVIEW 47
- 8.1.1 GLOBAL E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 48
8.2 DESKTOP 48
8.3 SMARTHONE 48
8.4 TABLETS 48

9 GLOBAL E-VISA MARKET, BY REGION 49

9.1 OVERVIEW 49
- 9.1.1 GLOBAL E-VISA MARKET, BY REGION, 2022 VS 2032 (USD MILLION) 50
- 9.1.2 GLOBAL E-VISA MARKET, BY REGION, 2019-2032 (USD MILLION) 50
9.2 NORTH AMERICA 51
- 9.2.1 NORTH AMERICA: E-VISA MARKET, BY COUNTRY, 2019-2032 (USD MILLION) 52
- 9.2.2 NORTH AMERICA E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 53
- 9.2.3 NORTH AMERICA E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 54
- 9.2.4 NORTH AMERICA E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 55
- 9.2.5 US 56
  - 9.2.5.1 US E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 56
  - 9.2.5.2 US E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 56
  - 9.2.5.3 US E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 56
- 9.2.6 CANADA 57
  - 9.2.6.1 CANADA E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 57
  - 9.2.6.2 CANADA E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 57
  - 9.2.6.3 CANNADA E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 57
- 9.2.7 MEXICO 58
  - 9.2.7.1 MEXICO E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 58
  - 9.2.7.2 MEXICO E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 58
  - 9.2.7.3 MEXICO E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 58
9.3 EUROPE 59
- 9.3.1 EUROPE: E-VISA MARKET, BY COUNTRY, 2019-2032 (USD MILLION) 60
- 9.3.2 EUROPE E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 61
- 9.3.3 EUROPE E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 62
- 9.3.4 EUROPE E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 63
- 9.3.5 GERMANY 64
  - 9.3.5.1 GERMANY E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 64
  - 9.3.5.2 GERMANY E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 64
  - 9.3.5.3 GERMANY E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 64
- 9.3.6 FRANCE 65
  - 9.3.6.1 FRANCE E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 65
  - 9.3.6.2 FRANCE E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 65
  - 9.3.6.3 FRANCE E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 65
- 9.3.7 UK 66
  - 9.3.7.1 UK E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 66
  - 9.3.7.2 UK E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 66
  - 9.3.7.3 UK E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 66
- 9.3.8 REST OF EUROPE 67
  - 9.3.8.1 REST OF EUROPE E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 67
  - 9.3.8.2 REST OF EUROPE E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 67
  - 9.3.8.3 REST OF EUROPE E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 67
9.4 ASIA-PACIFIC 68
- 9.4.1 ASIA-PACIFIC: E-VISA MARKET, BY COUNTRY, 2019-2032 (USD MILLION) 69
- 9.4.2 ASIA-PACIFIC E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 70
- 9.4.3 ASIA-PACIFIC E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 71
- 9.4.4 ASIA-PACIFIC E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 72
- 9.4.5 CHINA 73
  - 9.4.5.1 CHINA E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 73
  - 9.4.5.2 CHINA E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 73
  - 9.4.5.3 CHINA E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 73
- 9.4.6 JAPAN 74
  - 9.4.6.1 APAN E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 74
  - 9.4.6.2 JAPAN E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 74
  - 9.4.6.3 JAPAN E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 74
- 9.4.7 INDIA 75
  - 9.4.7.1 INDIA E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 75
  - 9.4.7.2 INDIA E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 75
  - 9.4.7.3 INDIA E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 75
- 9.4.8 SOUTH KOREA 76
  - 9.4.8.1 SOUTH KOREA E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 76
  - 9.4.8.2 SOUTH KOREA E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 76
  - 9.4.8.3 SOUTH KOREA E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 76
- 9.4.9 REST OF ASIA-PACIFIC 77
  - 9.4.9.1 REST OF ASIA-PACIFIC E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 77
  - 9.4.9.2 REST OF ASIA-PACIFIC E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 77
  - 9.4.9.3 REST OF ASIA-PACIFIC E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 77
9.5 MIDDLE EAST & AFRICA 78
- 9.5.1 MIDDLE EAST & AFRICA E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 78
- 9.5.2 MIDDLE EAST & AFRICA E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 79
- 9.5.3 MIDDLE EAST & AFRICA E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 80
9.6 SOUTH AMERICA 81
- 9.6.1 SOUTH AMERICA E-VISA MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 81
- 9.6.2 SOUTH AMERICA E-VISA MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 82
- 9.6.3 SOUTH AMERICA E-VISA MARKET, BY PLATFORM, 2019-2032 (USD MILLION) 83

10 COMPETITIVE LANDSCAPE 84

10.1 OVERVIEW 84
10.2 COMPETITIVE BENCHMARKING 85
10.3 MARKET SHARE ANALYSIS 86
10.4 KEY DEVELOPMENT IN THE GLOBAL E-VISA MARKET 87
- 10.4.1 PRODUCT LAUNCHES/SERVICE 87
- 10.4.2 CONTRACTS & AGREEMENTS 87
- 10.4.3 EXPANSIONS/ JOINT VENTURE & INVESTMENTS 88
- 10.4.4 PARTNERSHIP & COLABORATION 88

11 COMPANY PROFILE 89

11.1 MUHLBAUER GROUP 89
- 11.1.1 COMPANY OVERVIEW 89
- 11.1.2 FINANCIAL OVERVIEW 89
- 11.1.3 PRODUCTS OFFERED 90
- 11.1.4 PRODUCTS/SOLUTIONS/SERVICES OFFERED 90
- 11.1.5 KEY DEVELOPMENTSS 90
- 11.1.6 SWOT ANALYSIS 91
- 11.1.7 KEY STRATEGIES 91
11.2 BLS INTERNATIONAL 92
- 11.2.1 COMPANY OVERVIEW 92
- 11.2.2 FINANCIAL OVERVIEW 93
- 11.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 93
- 11.2.4 SWOT ANALYSIS 96
- 11.2.5 KEY STRATEGIES 96
11.3 SCICOM (MSC) BERHAD 97
- 11.3.1 COMPANY OVERVIEW 97
- 11.3.2 FINANCIAL OVERVIEW 98
- 11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 98
- 11.3.4 KEY DEVELOPMENTS 99
- 11.3.5 SWOT ANALYSIS 99
- 11.3.6 KEY STRATEGIES 99
11.4 CANADIAN BANK NOTE COMPANY, LIMITED (CBN) 100
- 11.4.1 COMPANY OVERVIEW 100
- 11.4.2 FINANCIAL OVERVIEW 100
- 11.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 100
- 11.4.4 KEY DEVELOPMENTS 100
11.5 CSERVE TECHNOLOGIES 101
- 11.5.1 COMPANY OVERVIEW 101
- 11.5.2 FINANCIAL OVERVIEW 101
- 11.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 101
- 11.5.4 KEY DEVELOPMENTS 101
11.6 IVISA.COM 102
- 11.6.1 COMPANY OVERVIEW 102
- 11.6.2 FINANCIAL OVERVIEW 102
- 11.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 102
- 11.6.4 KEY DEVELOPMENTS 103
- 11.6.5 SWOT ANALYSIS 103
- 11.6.6 KEY STRATEGIES 103
11.7 VISAHQ 104
- 11.7.1 COMPANY OVERVIEW 104
- 11.7.2 FINANCIAL OVERVIEW 104
- 11.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 104
- 11.7.4 KEY DEVELOPMENTS 104
11.8 TRAVISA VISA SERVICES, INC. 105
- 11.8.1 COMPANY OVERVIEW 105
- 11.8.2 FINANCIAL OVERVIEW 105
- 11.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 106
- 11.8.4 KEY DEVELOPMENTS 106
11.9 ITSEASY PASSPORT & VISA SERVICES 107
- 11.9.1 COMPANY OVERVIEW 107
- 11.9.2 FINANCIAL OVERVIEW 107
- 11.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 108
- 11.9.4 KEY DEVELOPMENTS 108
11.10 GEMALTO NV (A THALES COMPANY) 109
- 11.10.1 COMPANY OVERVIEW 109
- 11.10.2 FINANCIAL OVERVIEW 109
- 11.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 110
- 11.10.4 KEY DEVELOPMENTS 110
- 11.10.5 SWOT ANALYSIS 111
- 11.10.6 KEY STRATEGIES 111
11.11 4G IDENTITY SOLUTIONS PVT. LTD (4GID) 112
- 11.11.1 COMPANY OVERVIEW 112
- 11.11.2 FINANCIAL OVERVIEW 112
- 11.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 112
- 11.11.4 KEY DEVELOPMENTS 113
- 11.11.5 KEY STRATEGIES 113
11.12 VFS GLOBAL GROUP 114
- 11.12.1 COMPANY OVERVIEW 114
- 11.12.2 FINANCIAL OVERVIEW 114
- 11.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 114
- 11.12.4 KEY DEVELOPMENTS 114
- 11.12.5 KEY STRATEGIES 114
11.13 SECURIPORT LLC 115
- 11.13.1 COMPANY OVERVIEW 115
- 11.13.2 FINANCIAL OVERVIEW 115
- 11.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 115
- 11.13.4 KEY DEVELOPMENTS 115
- 11.13.5 KEY STRATEGIES 115
11.14 SWISS AUTHENTIS S.A. 116
- 11.14.1 COMPANY OVERVIEW 116
- 11.14.2 FINANCIAL OVERVIEW 116
- 11.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 116
- 11.14.4 KEY DEVELOPMENTS 116
- 11.14.5 KEY STRATEGIES 116