Automated Border Control - Global Market Outlook (2020 -2028)
According to Stratistics MRC, the Global Automated Border Control Market is accounted for $927.81 million in 2020 and is expected to reach $4,377.31 million by 2028 growing at a CAGR of 21.4% during the forecast period. The rising security concerns and increasing need for automation across all port facilities are the major factors propelling the market growth. However, the lack of standardization is hindering the market growth.
Automated border control is a barrier that initiates processing as soon as the traveller enters and assures that the passenger is the rightful holder of the document. It uses the data stored in the chip in the biometric passport to verify the user’s identity that involves different verifications that include fingerprint, biometric, face and iris recognition, or a combination of any of the above.
Based on the solution type, the automated border control (ABC) e-gate segment is estimated to have a huge demand due to the rising need for automation and growing passenger traffic. ABC e-gates can process a maximum number of passengers while maintaining security.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increasing security concerns which have led to the deployment of ABC kiosks and gates by the different governments.
Some of the key players profiled in the Automated Border Control Market include Accenture PLC, ATOS, Aware, Inc., Cognitech Systems GmbH, Collins Aerospace, IDEMIA, Dermalog Identification Systems GmbH, Gemalto NV, Gunnebo Group, NEC Corporation, Indra Sistemas, S.A., International Security Technology Ltd., Magnetic Autocontrol GmbH, Modi Modular Digits GmbH, Thales Group, Rockwell Collins Aerospace and Electronics Inc., Secunet Security Networks AG, Securiport LLC, SITA, HID Global, Vision-Box, Biolink Solutions, Veridos GmbH, and Cross Match Technologies.
Solution Types Covered:
• Automated Border Control (ABC) E-gate
• Automated Border Control (ABC) Kiosk
• Land Port/Land Borders
• Funding Management
• Facility Management
• Warehouse Management
• Equipment Tracking
• Tool Tracking
• Mandate Compliance
End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Energy & Utilities
• Information Technology (IT) & Telecom
• Oil & Gas
• Transportation and Logistics
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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