According to a new market research report published by Acute Market Reports, “Automated Border Control Market (By Product Type (Automated Border Control e-Gates and Automated Border Control Kiosks), By End-use (Airports, Land Ports, and Sea Ports), By Component (Hardware and Software), By Geography (North America, Europe, Asia Pacific, and Rest of the World)) – Growth, Future Prospects, and Competitive Landscape, 2018 -2026”, the global automated border control market was valued at US$ 526.7 Mn in 2017 and expected to expand at a CAGR of 18.3% during the forecast period from 2018 to 2026.
Browse the full Automated Border Control Market – Growth, Future Prospects, and Competitive Landscape, 2018 -2026 report at https://www.acutemarketreports.com/report/automated-border-control-market
Investments made by the governments for developing robust security infrastructure at air, land and sea ports augurs well with the market growth worldwide. According to the passenger survey conducted by the International Air Transport Association’s (IATA) in 2017, one of the biggest pain points for air passengers remains airport border control processes. With air traffic continuing to rise at an unprecedented level owing to the emergence of new airlines and routes, airport authorities are forced to deploy smart and intelligent checkpoint solutions for improving passenger processing without compromising security and safety. For majority of the airports, it is very difficult to expand an existing terminal or build a new one to accommodate increase in passenger count. Automated border control solutions like e-Gates and kiosks allow airport authorities to address this issue by quickening the border crossing process and ensuring the safety of each entry or exit point.
Although developed markets including Europe and North America remain the primary hubs for automated border control solutions, emerging markets in Asia and Middle East are poised to offer tremendous growth potential given the growth in population and rise in air travel frequency amid new routes added by major airlines in the region. On the other hand, international seaports remain relatively untapped market for automated border control solution providers and offer tremendous potential. In 2017, the worldwide cruise industry estimations for passengers topped 25 million and is further projected to grow in the coming years, driving installations of border control kiosks at seaports. In a bid to ensure quality passenger experience through shorter processing time and enhanced safety, authorities at airports, seaports and land ports are shifting from their conventional border control processes towards automation.
The global automated border control market is in the nascent stage of development and is highly fragmented. The global automated border control market being technology driven, necessitates equipment manufacturers and vendors to invest good amount on research and development. Some of the leading vendors profiled in the study include Gemalto NV, Accenture, Atos SE, Indra Sistemas SA, SITA SA, Cross Match Technologies, Secunet Security Networks AG, Vision-Box, International Security Technology, Biolink Solutions, and Cognitec Systems among others.
Key questions answered in this report
- What are the current market trends and dynamics in the automated border control market and valuable opportunities for emerging players?
- Estimated forecast and market projections up to 2029
- Which segment accounts for the fastest CAGR during the forecast period?
- Which is the largest regional market for automated border control?
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- The worldwide market value of the automated border control market in 2019 and 2020
- Which are the key trends driving the global automated border control market growth?
- Who are the leading service providers in the automated border control market worldwide?
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