Global E-Visa Market Research Report: by Component (Software, Services), Platform (Desktops, Smartphones, Tablets), Application (Travelling, Students/Educational Visas, Government/Foreign Affairs, others) and by Region (North America [US, Canada, Mexico], Europe [Germany, UK, France, Rest of Europe], Asia-Pacific [China, Japan, India, Rest of Asia-Pacific], Middle East & Africa and South America) - Forecast till 2027
ID: MRFR/ICT/7299-CR | February, 2020 | Region : Global
Market Snapshot
An electronic visa (e-visa) is an entry requirement formality performed online, stored in a computer, and linked to the passport number used for the request. It simplifies the visa-issuance process as there is no label, sticker, or stamp to be placed in the passport before traveling to any destination. The application is processed entirely over the Internet with the help of a web-based portal.
The need for smart processes that eliminate paperwork and support operators, and demand for flexibility and scalability to meet changing needs across countries are expected to be the key drivers for the e-visa market during the forecast period.
Global E-Visa Market is expected to reach USD 2,551.6 Million by 2025 at a CAGR of 11.4% during the forecast period.
Synopsis
The e-visa market has been segmented based on component, platform, application, and region.
Based on the component, the e-visa market has been segmented into software and service.
Based on the platform, the e-visa market has been segmented into desktops, smartphones, and tablets.
By application, the e-visa market has been segmented into traveling, students/educational visas, government/foreign affairs, and others. The traveling segment has been further segmented into leisure travel and business travel.
Regional Analysis
Geographically, the market has been categorized as North America, Europe, Asia-Pacific, and the rest of the World.
North America accounted for the largest market share in the global e-visa market; this region has been further segmented into the US, Canada, and Mexico. The US is the most visited country both for leisure as well as business purposes. The electronic system for travel authorization (ESTA) issued by the US, the electronic travel authorization (ETA) issued by Canada, and the universal e-visa issued by Mexico have ushered in the growth of the e-visa market in the region. The US has the largest market share in the North American e-visa market.
Globally, Asia-Pacific was the second-largest market for e-visa in 2018. Asia-Pacific has been segmented into India, Vietnam, Thailand, Singapore, Malaysia, Australia, and the rest of Asia-Pacific. The region accounts for a quarter of the world’s tourism revenue, and in order to further promote tourism, APAC countries have added support for e-visas, which has helped the market grow in the region. Malaysia is expected to have the largest market share in the Asia-Pacific e-visa market during the forecast period.
Companies Covered
The Key Players of the Global E-Visa Market are Mühlbauer Group (Germany), 4G Identity Solutions Private Limited (India), VFS Global Group (UAE), SCICOM (Malaysia), Gemalto NV (Netherlands), CBN (Canada), Securiport LLC (US), C Serve Corporate Services (Mozambique), BLS International (India), Swiss Authentic S.A (Switzerland), and MITECH (Oman).
Market Segmentation
- By component— software, service.
- By platform— desktop, smartphone, and tablets.
- By application— traveling, students/educational visa, government/foreign affairs, others
Key Questions Addressed by the Report
- What was the historic market size (2018)?
- Which segments (type/service model/deployment mode) are driving the market?
- What will be the growth rate by 2026?
- Who are the key players in this market?
- What are the strategies adopted by key players?
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 13
1.1.1 GLOBAL E-VISA MARKET, BY COMPONENT 14
1.1.2 GLOBAL E-VISA MARKET, BY PLATFORM 15
1.1.3 GLOBAL E-VISA MARKET, BY APPLICATION 16
1.2 GLOBAL E-VISA MARKET, BY REGION 17
2 MARKET INTRODUCTION
2.1 DEFINITION 18
2.2 SCOPE OF THE STUDY 18
2.3 RESEARCH OBJECTIVE 18
2.4 MARKET STRUCTURE 18
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 19
3.2 PRIMARY RESEARCH 20
3.3 SECONDARY RESEARCH 21
3.4 MARKET SIZE ESTIMATION 21
3.5 FORECAST MODEL 23
3.6 LIST OF ASSUMPTIONS 24
4 MARKET DYNAMICS
4.1 INTRODUCTION 25
4.2 DRIVERS 26
4.2.1 SMART PROCESSES TO ELIMINATE PAPERWORK AND SUPPORT OPERATORS 26
4.2.2 FLEXIBILITY AND SCALABILITY TO MEET CHANGING NEEDS 26
4.2.3 DRIVERS IMPACT ANALYSIS 27
4.3 RESTRAINTS 27
4.3.1 GOVERNMENT AGENCIES DEVELOPING THEIR OWN E-VISA SOLUTIONS 27
4.3.2 RESTRAINT: IMPACT ANALYSIS 28
4.4 OPPORTUNITY 28
4.4.1 DEMAND FROM EMERGING ECONOMIES 28
4.5 REGULATORY LANDSCAPE / STANDARDS 28
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS 30
5.1.1 TECHNOLOGY PROVIDERS/PARTNERS 30
5.1.2 SOLUTION PROVIDERS 31
5.1.3 GOVERNMENT AGENCIES 31
5.1.4 TRAVELERS 31
5.2 PORTER’S FIVE FORCES MODEL 31
5.2.1 BARGAINING POWER OF SUPPLIERS 32
5.2.2 BARGAINING POWER OF BUYERS 32
5.2.3 THREAT OF NEW ENTRANTS 33
5.2.4 THREAT OF SUBSTITUTES 33
5.2.5 INTENSITY OF RIVALRY 33
6 GLOBAL E-VISA MARKET, BY COMPONENT
6.1 OVERVIEW 34
6.2 SOFTWARE 34
6.3 SERVICES 34
7 GLOBAL E-VISA MARKET, BY PLATFORM
7.1 OVERVIEW 36
7.2 DESKTOPS 36
7.3 SMARTPHONES 36
7.4 TABLETS 36
8 GLOBAL E-VISA MARKET, BY APPLICATION
8.1 OVERVIEW 39
8.2 TRAVELING 39
8.2.1 LEISURE TRAVELLING 39
8.2.2 BUSINESS TRAVEL 39
8.3 STUDENTS/EDUCATIONAL VISA 39
8.4 GOVERNMENT/FOREIGN AFFAIRS 39
8.5 OTHERS 40
9 GLOBAL E-VISA MARKET, BY REGION
9.1 OVERVIEW 42
9.2 NORTH AMERICA 44
9.2.1 US 45
9.2.2 CANADA 47
9.2.3 MEXICO 48
9.3 UK 51
9.4 ASIA-PACIFIC 53
9.4.1 INDIA 55
9.4.2 VIETNAM 56
9.4.3 THAILAND 58
9.4.4 SINGAPORE 59
9.4.5 MALAYSIA 61
9.4.6 AUSTRALIA 62
9.4.7 REST OF ASIA-PACIFIC 64
9.5 REST OF THE WORLD 66
10 COMPETITIVE LANDSCAPE
10.1 COMPETITIVE OVERVIEW 68
10.2 COMPETITIVE BENCHMARKING 69
11 COMPANY PROFILES
11.1 MÜHLBAUER GROUP 70
11.1.1 COMPANY OVERVIEW 70
11.1.2 FINANCIAL OVERVIEW 71
11.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 71
11.1.4 SWOT ANALYSIS 72
11.1.5 KEY STRATEGIES 72
11.2 BLS INTERNATIONAL 73
11.2.1 COMPANY OVERVIEW 73
11.2.2 FINANCIAL OVERVIEW 73
11.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 74
11.2.4 SWOT ANALYSIS 74
11.2.5 KEY STRATEGIES 74
11.3 SCICOM (MSC) BERHAD 75
11.3.1 COMPANY OVERVIEW 75
11.3.2 FINANCIAL OVERVIEW 76
11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 77
11.3.4 SWOT ANALYSIS 77
11.3.5 KEY STRATEGIES 78
11.4 CANADIAN BANK NOTE COMPANY, LIMITED (CBN) 79
11.4.1 COMPANY OVERVIEW 79
11.4.2 FINANCIAL OVERVIEW 79
11.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 79
11.4.4 1.5.5 KEY STRATEGIES 79
11.5 CSERVE TECHNOLOGIES 80
11.5.1 COMPANY OVERVIEW 80
11.5.2 FINANCIAL OVERVIEW 80
11.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 80
11.5.4 KEY STRATEGIES 80
11.6 GEMALTO NV (A THALES COMPANY) 81
11.6.1 COMPANY OVERVIEW 81
11.6.2 FINANCIAL OVERVIEW 81
11.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 82
11.6.4 SWOT ANALYSIS 82
11.6.5 KEY STRATEGIES 82
11.7 4G IDENTITY SOLUTIONS PVT. LTD (4GID) 83
11.7.1 COMPANY OVERVIEW 83
11.7.2 FINANCIAL OVERVIEW 83
11.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 83
11.7.4 KEY STRATEGIES 83
11.8 VFS GLOBAL GROUP 84
11.8.1 COMPANY OVERVIEW 84
11.8.2 FINANCIAL OVERVIEW 84
11.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 84
11.8.4 KEY STRATEGIES 85
11.9 SECURIPORT LLC 86
11.9.1 COMPANY OVERVIEW 86
11.9.2 FINANCIAL OVERVIEW 86
11.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 86
11.9.4 KEY STRATEGIES 86
11.10 SWISS AUTHENTIS S.A 87
11.10.1 COMPANY OVERVIEW 87
11.10.2 FINANCIAL OVERVIEW 87
11.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 87
11.10.4 KEY STRATEGIES 87
11.11 MITECH 88
11.11.1 COMPANY OVERVIEW 88
11.11.2 FINANCIAL OVERVIEW 88
11.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 88
11.11.4 KEY STRATEGIES 88
12 LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 20
TABLE 2 LIST OF ASSUMPTIONS 24
TABLE 3 GLOBAL E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 35
TABLE 4 GLOBAL E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 37
TABLE 5 GLOBAL E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 41
TABLE 6 GLOBAL E-VISA MARKET, BY REGION, 2020–2027 (USD MILLION) 43
TABLE 7 NORTH AMERICA E-VISA MARKET, BY COUNTRY,2020–2027 (USD MILLION) 44
TABLE 8 NORTH AMERICA E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 44
TABLE 9 NORTH AMERICA E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 44
TABLE 10 NORTH AMERICA E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 45
TABLE 11 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 45
TABLE 12 US E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 46
TABLE 13 US E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 46
TABLE 14 US E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 46
TABLE 15 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 47
TABLE 16 CANADA E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 47
TABLE 17 CANADA E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 47
TABLE 18 CANADA E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 48
TABLE 19 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 48
TABLE 20 MEXICO E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 49
TABLE 21 MEXICO E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 49
TABLE 22 MEXICO E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 49
TABLE 23 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 50
TABLE 24 UK E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 51
TABLE 25 UK E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 51
TABLE 26 UK E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 52
TABLE 27 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 52
TABLE 28 ASIA PACIFIC E-VISA MARKET, BY COUNTRY,2020–2027 (USD MILLION) 53
TABLE 29 ASIA PACIFIC E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 53
TABLE 30 ASIA PACIFIC E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 54
TABLE 31 ASIA PACIFIC E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 54
TABLE 32 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 54
TABLE 33 INDIA E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 55
TABLE 34 INDIA E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 55
TABLE 35 INDIA E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 56
TABLE 36 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 56
TABLE 37 VIETNAM E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 57
TABLE 38 VIETNAM E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 57
TABLE 39 VIETNAM E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 57
TABLE 40 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 58
TABLE 41 THAILAND E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 58
TABLE 42 THAILAND E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 58
TABLE 43 THAILAND E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 59
TABLE 44 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 59
TABLE 45 SINGAPORE E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 59
TABLE 46 SINGAPORE E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 60
TABLE 47 SINGAPORE E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 60
TABLE 48 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 61
TABLE 49 MALAYSIA E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 61
TABLE 50 MALAYSIA E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 61
TABLE 51 MALAYSIA E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 62
TABLE 52 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 62
TABLE 53 AUSTRALIA E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 63
TABLE 54 AUSTRALIA E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 63
TABLE 55 AUSTRALIA E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 63
TABLE 56 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 64
TABLE 57 REST OF ASIA-PACIFIC E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 64
TABLE 58 REST OF ASIA-PACIFIC E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 64
TABLE 59 REST OF ASIA-PACIFIC E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 65
TABLE 60 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 65
TABLE 61 REST OF THE WORLD E-VISA MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 66
TABLE 62 REST OF THE WORLD E-VISA MARKET, BY PLATFORM, 2020–2027 (USD MILLION) 66
TABLE 63 REST OF THE WORLD E-VISA MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 67
TABLE 64 NORTH AMERICA E-VISA MARKET, BY TRAVELLING, 2020–2027 (USD MILLION) 67
TABLE 65 MÜHLBAUER GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 71
TABLE 66 BLS INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 74
TABLE 67 SCICOM (MSC) BHD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 77
TABLE 68 CANADIAN BANK NOTE COMPANY, LIMITED (CBN): PRODUCTS/SOLUTIONS/SERVICES OFFERED 79
TABLE 69 CSERVE TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 80
TABLE 70 GEMALTO NV: PRODUCTS/SOLUTIONS/SERVICES OFFERED 82
TABLE 71 4G IDENTITY SOLUTIONS PVT. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 83
TABLE 72 VFS GLOBAL GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 84
TABLE 73 SECURIPORT LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 86
TABLE 74 SWISS AUTHENTIS S.A: PRODUCTS/SOLUTIONS/SERVICES OFFERED 87
TABLE 75 MITECH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 88
13 LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 12
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL E-VISA MARKET IN 2020 13
FIGURE 3 GLOBAL E-VISA MARKET ANALYSIS, BY COMPONENT, MARKET SHARE, 2020 (%) 14
FIGURE 4 GLOBAL E-VISA MARKET ANALYSIS, BY PLATFORM, MARKET SHARE, 2020 (%) 15
FIGURE 5 GLOBAL E-VISA MARKET ANALYSIS, BY APPLICATION, MARKET SHARE, 2020 (%) 16
FIGURE 6 GLOBAL E-VISA MARKET ANALYSIS, BY REGION, MARKET SHARE, 2020 (%) 17
FIGURE 7 GLOBAL E-VISA MARKET: STRUCTURE 18
FIGURE 8 RESEARCH PROCESS 19
FIGURE 9 TOP-DOWN & BOTTOM-UP APPROACHES 22
FIGURE 10 DROC ANALYSIS OF GLOBAL E-VISA MARKET 25
FIGURE 11 DRIVERS IMPACT ANALYSIS 27
FIGURE 12 RESTRAINT IMPACT ANALYSIS 28
FIGURE 13 VALUE CHAIN: GLOBAL E-VISAMARKET 30
FIGURE 14 PORTER’S FIVE FORCES MODEL: GLOBAL E-VISAMARKET 32
FIGURE 15 GLOBAL E-VISA MARKET, BY COMPONENT, 2020 (% SHARE) 34
FIGURE 16 GLOBAL E-VISA MARKET, BY COMPONENT, 2020 VS 2027 (USD MILLION) 35
FIGURE 17 GLOBAL E-VISA MARKET, BY PLATFORM, 2020 (% SHARE) 37
FIGURE 18 GLOBAL E-VISA MARKET, BY PLATFORM, 2020 VS 2027 (USD MILLION) 37
FIGURE 19 GLOBAL E-VISA MARKET, BY APPLICATION, 2020 (% SHARE) 40
FIGURE 20 GLOBAL E-VISA MARKET, BY APPLICATION, 2020 VS 2027 (USD MILLION) 40
FIGURE 21 GLOBAL E-VISA MARKET, BY REGION, 2020 (% SHARE) 42
FIGURE 22 GLOBAL E-VISA MARKET, BY REGION, 2020 VS 2027 (USD MILLION) 42
FIGURE 23 COMPETITIVE BENCHMARKING ANALYSIS IN 2020 69
FIGURE 24 MÜHLBAUER GROUP: FINANCIAL OVERVIEW SNAPSHOT 71
FIGURE 25 MÜHLBAUER GROUP: SWOT ANALYSIS 72
FIGURE 26 BLS INTERNATIONAL: FINANCIAL OVERVIEW SNAPSHOT 73
FIGURE 27 BLS INTERNATIONAL: SWOT ANALYSIS 74
FIGURE 28 SCICOM (MSC) BHD: FINANCIAL OVERVIEW SNAPSHOT 76
FIGURE 29 SCICOM (MSC) BHD: SWOT ANALYSIS 77
FIGURE 30 GEMALTO NV: FINANCIAL OVERVIEW SNAPSHOT 81
FIGURE 31 GEMALTO NV: SWOT ANALYSIS 82
