E Visa Market Insights Video

According to Cognitive Market Research, the global E Visa market size was USD 1241.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 11.60% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 496.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 372.36 million.
• Asia Pacific held a 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.
• Latin America had a market share of more than 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.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at 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.
• The Software is the fastest growing segment of the E Visa industry