Global E Visa
Market Report
2024
The global E Visa market size will be USD 1241.2 million in 2024. Increased Travel Demand is expected to boost sales to USD 2676.030932 million by 2031, with a Compound Annual Growth Rate (CAGR) of 11.60% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global E Visa market size will be USD 1241.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 11.60% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global E Visa Market Sales Revenue 2024 | $ 1241.2 Million |
Global E Visa Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.6% |
North America E Visa Market Sales Revenue 2024 | $ 496.48 Million |
North America E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.8% |
United States E Visa Sales Revenue 2024 | $ 391.72 Million |
United States E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.6% |
Canada E Visa Sales Revenue 2024 | $ 59.58 Million |
Canada E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.6% |
Mexico E Visa Sales Revenue 2024 | $ 45.18 Million |
Mexico E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.3% |
Europe E Visa Market Sales Revenue 2024 | $ 372.36 Million |
Europe E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.1% |
United Kingdom E Visa Sales Revenue 2024 | $ 62.56 Million |
United Kingdom E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.9% |
France E Visa Sales Revenue 2024 | $ 34.26 Million |
France E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.3% |
Germany E Visa Sales Revenue 2024 | $ 73.73 Million |
Germany E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.3% |
Italy E Visa Sales Revenue 2024 | $ 32.02 Million |
Italy E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.5% |
Russia E Visa Sales Revenue 2024 | $ 57.72 Million |
Russia E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.1% |
Spain E Visa Sales Revenue 2024 | $ 30.53 Million |
Spain E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.2% |
Rest of Europe E Visa Sales Revenue 2024 | $ 57.72 Million |
Rest of Europe E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.8% |
Asia Pacific E Visa Market Sales Revenue 2024 | $ 285.48 Million |
Asia Pacific E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.6% |
China E Visa Sales Revenue 2024 | $ 128.46 Million |
China E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.1% |
Japan E Visa Sales Revenue 2024 | $ 39.4 Million |
Japan E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.1% |
Korea E Visa Sales Revenue 2024 | $ 28.55 Million |
Korea E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.7% |
India E Visa Sales Revenue 2024 | $ 34.26 Million |
India E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 15.4% |
Australia E Visa Sales Revenue 2024 | $ 14.84 Million |
Australia E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.3% |
Rest of APAC E Visa Sales Revenue 2024 | $ 20.27 Million |
Rest of APAC E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.4% |
South America E Visa Market Sales Revenue 2024 | $ 62.06 Million |
South America E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11% |
Brazil E Visa Sales Revenue 2024 | $ 26.56 Million |
Brazil E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.6% |
Argentina E Visa Sales Revenue 2024 | $ 10.43 Million |
Argentina E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.9% |
Colombia E Visa Sales Revenue 2024 | $ 5.52 Million |
Colombia E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.8% |
Peru E Visa Sales Revenue 2024 | $ 5.09 Million |
Peru E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.2% |
Chile E Visa Sales Revenue 2024 | $ 4.47 Million |
Chile E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.3% |
Rest of South America E Visa Sales Revenue 2024 | $ 9.99 Million |
Rest of South America E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.1% |
Middle East and Africa E Visa Market Sales Revenue 2024 | $ 24.82 Million |
Middle East and Africa E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.3% |
Turkey E Visa Sales Revenue 2024 | $ 2.13 Million |
Turkey E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.8% |
Nigeria E Visa Sales Revenue 2024 | $ 2.61 Million |
Nigeria E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.4% |
Egypt E Visa Sales Revenue 2024 | $ 2.61 Million |
Egypt E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.6% |
South Africa E Visa Sales Revenue 2024 | $ 3.92 Million |
South Africa E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.3% |
GCC Countries E Visa Sales Revenue 2024 | $ 10.62 Million |
GCC Countries E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.1% |
Rest of MEA E Visa Sales Revenue 2024 | $ 2.93 Million |
Rest of MEA E Visa Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.3% |
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Market Split by Component |
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Market Split by Application |
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Market Split by Platform |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of E Visa industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
E Visa Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The e-visa marketplace encompasses the digital visa utility and processing systems that allow travelers to apply for visas online as opposed to via conventional paper-based totally techniques. This marketplace includes numerous types of digital visas issued by way of global governments, designed to facilitate international journeys while improving security and performance. E-visas typically streamline the software method, lessen processing times, and provide a greater convenient user enjoy. With improvements in the era and growing calls for travel, the e-visa marketplace is increasing, permitting greater international locations to put into effect those structures and cater to the growing wide variety of worldwide vacationers seeking seamless access solutions.
In May 2024, Saudi Arabia has extended the availability of electronic visas, or e-visas, to nationals of three other nations. These nations' nationals now have the option of applying online for their visas or obtaining them when they arrive at Saudi entry points. With this expansion, there are now 66 qualifying countries in total. Grenada, the Commonwealth of the Bahamas, and Barbados are the new nations. (Source: https://www.khaleejtimes.com/world/gulf/saudi-arabia-announces-e-visa-entry-permit-for-citizens-of-3-countries#google_vignette
The global surge in tours, pushed by way of economic boom and technological advancements, has caused a growing demand for efficient and convenient visa utility approaches. E-visas present a streamlined solution, offering tourists a quicker and greater consumer-friendly opportunity to standard paper-primarily based applications. With the capability to use online, receive approvals fast, and reduce bureaucratic hurdles, e-visas beautify the tour revel. This virtual transformation now not only simplifies the visa process but also helps the developing variety of international tourists, making it simpler for them to discover new destinations while selling international connectivity and tourism.
Technological advancements have substantially facilitated the implementation of e-visa programs by using international governments. The improvement of stable online structures and digital charge structures streamlines the software system, making it more available for vacationers. Moreover, innovations in biometric technology, consisting of facial reputation and fingerprint scanning, enhance the security and performance of e-visas. These technologies permit more correct identity verification, lowering fraud and improving typical security. By leveraging these advancements, governments can offer an unbroken and steady visa experience, fostering international tours even as ensuring the integrity of their border management measures.
Implementing and keeping an effective e-visa gadget demands full-size funding for each technology infrastructure and human assets. Many countries stumble upon challenges in growing the important abilities to assist such structures, particularly in regions with restrained technological development or funding. These infrastructure-demanding situations can include insufficient net connectivity, inadequate cybersecurity measures, and a loss of trained personnel to manage the systems efficiently. Consequently, nations may also war to provide a continuing e-visa experience for vacationers, doubtlessly hindering their ability to capitalize on the blessings of digital visa processing and impacting the usual tourism boom and economic development.
The COVID-19 pandemic had a profound impact on the e-visa market, mainly due to a transient decline in tour demand and a reduction in visa applications globally. As international locations closed borders and imposed travel restrictions, many e-visa programs have been suspended or confined. However, the pandemic additionally expanded the adoption of virtual answers, prompting governments to put money into e-visa systems to streamline techniques and enhance public health measures. As the journey gradually resumes, the e-visa market is anticipated to rebound, with a focal point on enhancing performance, safety, and user experience, in the long run, remodeling the manner vacationers get admission to international destinations.
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A mix of government initiatives and personal area innovations characterizes the aggressive panorama of the e-visa marketplace. Various international locations are improving their e-visa offerings to draw travelers and streamline access methods. Key players encompass national governments, generation providers, and fintech groups that specialize in stable online price solutions. Collaboration between public and personal sectors is vital for developing efficient systems. Additionally, advancements in the biometric era and records analytics are driving competition, allowing more steady and consumer-friendly e-visa studies across distinct regions.
In June 2023, To expedite and streamline the visa application procedure for people visiting Italy from Kazakhstan, BLS International Services Ltd. entered into an agreement with the Italian Embassy in Kazakhstan. In order to process 25,000 visa applications a year, BLS International plans to construct five visa application centers around Kazakhstan. These centers will provide end-to-end visa processing solutions, such as application submission, biometric data collecting, and applicant support. (Source: https://www.blsinternational.com/BLSPressRelease_29june23.php
Top Companies Market Share in E Visa Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the E Visas market, and the region is expected to have significant growth during the projected period. The e-visa market in North America is experiencing great growth, driven by increasing tour calls for and advancements in digital technology. Governments are investing in efficient online visa processing structures to decorate vacationer studies and streamline border control. This growth is similarly supported by collaborations with tech organizations, improving protection and accessibility for both domestic and international travelers.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The e-visa marketplace inside the Asia Pacific vicinity is rapidly increasing, fueled by way of rising tourism and financial boom. Countries are adopting virtual visa answers to simplify tour procedures and attract more traffic. Technological advancements, such as steady online platforms and biometric verification, are improving the efficiency and security of e-visa programs, positioning the place as a key player in international tours.
The current report Scope analyzes E Visa Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global E Visa market size was estimated at USD 1241.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1032.9 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2031.
According to Cognitive Market Research, the global E Visa market size was estimated at USD 1241.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 372.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.1% from 2024 to 2031.
According to Cognitive Market Research, the global E Visa market size was estimated at USD 1241.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 285.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.6% from 2024 to 2031.
According to Cognitive Market Research, the global E Visa market size was estimated at USD 1241.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 62.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
According to Cognitive Market Research, the global E Visa market size was estimated at USD 1241.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 24.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.3% from 2024 to 2031..
Global E Visa Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing E Visa Industry growth. E Visa market has been segmented with the help of its Component, Application Platform, and others. E Visa market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global E Visa Market?
According to Cognitive Market Research, Software are likely to dominate the E Visa Market over the forecast period. The software program zone is substantially contributing to the growth of the e-visa marketplace by means of developing superior digital platforms that streamline visa software techniques. Innovations in stable online processing, facts analytics, and biometric verification enhance consumer enjoyment and safety. As governments and tour corporations increasingly adopt those software answers, the efficiency and accessibility of e-visa structures are enhancing, using marketplace growth.
The Services is the fastest-growing segment in the E Visa Market. The service region is playing a vital role in the increase of the e-visa marketplace through providing tailored solutions for visa processing and customer support. Travel groups and specialized carrier carriers offer assistance with e-visa applications, ensuring a smoother enjoyment for tourists. Enhanced customer service, coupled with efficient processing systems, is riding the accelerated adoption of e-visas, making international tours greater accessible.
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According to Cognitive Market Research, the Travelling segment holds the largest share of the market. The tour enterprise's recovery and increase are considerably boosting the e-visa marketplace, as extra tourists are searching for convenient and green access answers. Increased international tourism and enterprise tour power call for streamlined visa techniques. E-visas facilitate faster packages and approvals, enhancing the general travel revel. As journey regulations ease, the e-visa marketplace is poised for persistent growth, attracting a wide range of travelers.
In the E Visa Market, the Students/Educational Visa has been expanding at a rapid pace. The pupil and academic visa segment is unexpectedly expanding inside the e-visa marketplace, pushed by means of the growing variety of global college students in search of academic opportunities abroad. E-visas simplify the application technique, making it less complicated for college kids to access programs in overseas countries. As academic institutions beautify their global outreach, the call for efficient visa solutions grows, facilitating seamless worldwide educational exchanges.
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According to Cognitive Market Research, Desktop segment holds the largest market share. The computing device phase is contributing to the growth of the e-visa marketplace as more users select to apply for visas via computer programs because of their larger monitors and improved capability. This fashion helps a greater specified and user-pleasant software procedure, allowing for less complicated record uploads and shape finishing touches. As desktop usage stays ordinary, it continues to help the growth of e-visa offerings.
In the E Visa market, the rapidly growing sector is the Smartphone. The cellphone section is considerably driving the boom of the e-visa marketplace, as vacationers more and more prefer cell applications for convenience and accessibility, with user-pleasant interfaces and mobile fee options, e-visa packages on smartphones permit brief submissions and real-time updates. As cell generation advances, the ease of applying for visas via smartphones complements the overall journey revel in, attracting more customers.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
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Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Component | Software, Services |
Application | Travelling, Students/Educational Visa, Government/Foreign, Others |
Platform | Desktop, Smartphone, Tablets |
List of Competitors | BLS International, Scicom (MSC) Bhd, Canadian Bank Note Company, Limited (CBN), Cserve Technologies, 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 |
This chapter will help you gain GLOBAL Market Analysis of E Visa. Further deep in this chapter, you will be able to review Global E Visa Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Platform Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global E Visa market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Software have a significant impact on E Visa market? |
What are the key factors affecting the Software and Services of E Visa Market? |
What is the CAGR/Growth Rate of Travelling during the forecast period? |
By type, which segment accounted for largest share of the global E Visa Market? |
Which region is expected to dominate the global E Visa Market within the forecast period? |
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