Automated Border Control Market Worth to Reach USD 2822.39 million By 2027
Posted On August 09, 2021
The Global Automated Border Control Market report evaluates the market revenue to reach USD 2822.39 million mark in 2027. The CAGR is expected to be close to 18% from 2021 till the end of 2027 according to the newly published report by Value Market Research. The growing awareness regarding security concerns and improvement in the convenience of travelers are expected to drive the market growth of automated border control. The market is also expected to grow on the ground of rising demand from the airport, seaports, and land ports for securing borders. Further, the growing need for automation in order to optimize overall efficiency across various ports is expected to offer enormous growth to the market. On the downside, high capital investment and lack of standardization are expected to hamper the market growth.
Automated border control is an automated system that process as soon as the traveler enters and make sure that the passenger is the correct holder of the document. This system includes modern technologies of e-gate such as border control software, facial recognition, and electronic microprocessors which helps to detects frauds with higher risk. It is an efficient solution to airport systems and also offer the traveler a convenient experience. These solutions enhance border crossing time, offer passengers to pass through the gate automatically, decreasing the risk of human error and time loss.
The market dynamics covered in the report "Global Automated Border Control Market Report By Type (ABC Kiosks And ABC Egates), Application (Airports, Seaports, And Land Borders) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" gives a holistic scope of the market along with the market forecasts.
On the basis of type the market is segmented into ABC Kiosks And ABC Egates. By component the automated border control market is categorised as Hardware, Software, Services. By application the automated border control market is categorised as Airports, Seaports, And Land Borders. Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. Each region is segregated into North America (North America, United State and Rest of North America), Europe (United Kingdom, France, Germany, and Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. This section provides the estimates of market by segment. This section provides the estimates of market by segment thus, providing valuable data to take strategic decisions.
The Report Segments Global Automated Border Control Market –
By Application Area
- Land Ports
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Accenture Plc., Atos SE, NEC Corporation, Cross Match Technologies, International Security Technology, Cognitec Systems GmbH, Gemalto NV, Secunet Security Networks, Biolink Solutions, and Vision-Box.
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