Biometric-Enabled Seamless Travel Booming: Market to Make $46B by 2029

Government and Commercial Digital Travel Identity Market Surges

The global market for government and commercial issued digital travel identities is projected to generate over $46 billion by 2029. This growth is driven by the International Civil Aviation Organization's (ICAO) Digital Travel Credential (DTC) standard, which offers a blueprint for digitizing identity in the travel industry.

Enhanced Travel Security and Efficiency

Digital travel identities enable travelers to register their biometric and passport information, allowing for pre-screening and identity verification before arriving at the airport. This streamlining of processes reduces wait times, enhances security, and improves the overall travel experience.