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Electronic Identification (eID) Market Is Growing at an Exponential Rate in Upcoming Years

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Electronic Identification (eID) Market Is Growing at an Exponential Rate in Upcoming Years

The eIC is a smartcardin ID-1 format of a regular bank card, with identity information printed on the surface (such as personal details and a photograph) and in an embedded RFID microchip, similar to that in biometric passports.

The chip stores the information printed on the card (such as the holder’s name and date of birth) and the holder’s biometric photo.

According to this study, over the next five years the Electronic Identification (eID) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.

It also analyzes key emerging trends and their impact on present and future development.

To understand the structure of Electronic Identification (eID) market by identifying its various subsegments.

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