Hybrid smart card adoption to lead to e-passport/e-visa market
Increase in cross-border travel has led to growth in the global e-passport and e-visa Market, which is expected to post a CAGR [compound annual growth rate] of 30.17% from 2014-2019, says research firm TechNavio (www.technavio.com).
The global e-passport and e-visa market is also experiencing high adoption of hybrid smart cards. These smart cards have shared storage and processing of information, which eliminates the need for multiple cards and ensures easy handling.
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