Automated Border Control Market Overview
Automated Border Control Market Size was valued at USD 1.6 billion in 2022. The Automated Border Control Market industry is projected to grow from USD 1.9 Billion in 2023 to USD 4.4 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 15.30% during the forecast period (2023 - 2030).
Automated Border Control Market is automated system gates which are computerized self-service barriers operated by the border force. These are located at the immigration checkpoints and arrival halls, and it initiates processing when the traveller enters and ensures if the passenger is the rightful holder of the document. Moreover, it proves its worth in the sector through smoother and faster passenger flow, reduces frustrations, and offers excellent operational efficiency. This system includes advanced technologies of e-gate like border control software, fingerprint, biometric, iris recognition, and facial recognition. The automatic border control gates read the biometric logo on the passport and using facial technology, the person’s identification is recognized. This system improves the border crossing time, reduces the risk of human error and related time loss by allowing passengers to pass through the gate automatically.
Increasing passenger traveling, rising security concerns, and enhanced travel comfort in the process of border crossing are the major factors propelling the market growth. The growing focus on automation across all port facilities is fueling the market growth. Moreover, advancements in infrastructure in developing countries and a rise in the number of domestic and international airports are escalating the market growth. Furthermore, the rise in terrorism is diverting the government efforts in various regions which tend to adopt this technology as it prevents terrorist activities.
The Automated Border Control Markets market opportunities are rising international traffic across the globe and the adoption of IoT technology in the border crossing process is boosting the growth of the market.
Key Companies in the Automated Border Control Market include
· Thales Group (France)
· Accenture PLC (Ireland)
· SITA (Switzerland)
· Indra Sistemas S.A (Spain)
· Secunet Security Networks AG (Germany)
· IDEMIA (France)
· Vision-Box (Portugal)
· Gunnebo AB (Sweden)
· NEC Corporation (Japan)
· Cross Match Technologies Inc (US)
Market Segmentation
According to the global Automated Border Security Market Report, this market has significant growth in terms of market segmentation. The global market has been segmented based on the platform and system. The Automated Border Control Markets market is partitioned into three main segments based on components, solution type, and application.
Component Segmentation: The Automated Border Control Markets market components are hardware, software, and services.
Solution Type Segmentation: Based on the solution type, the Automated Border Control Markets market is bifurcated into ABC E-Gates and ABC Kiosk.
Application Segmentation: The Automated Border Control Markets market by an application are classified into airport, land port, and seaport.
By the latest report, the global Automated Border Control Markets market based on the region is divided into five major regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. Out of these regions, Europe is holding the largest market share due to the presence of most automation companies and possesses a strong technical base. Focus on improving the Automated Border Control Market e-gates and increasing number of mergers and acquisitions are fostering the market growth. Also, most of the European airports are equipped with Automated Border Control Markets market gates.
According to recent research, the Automated Border Control Markets market forecast states that this controlled market will reach immense growth due to the frequent changes in government policies, intense rivalry, and aviation regulations. Providing cost-efficient and high-quality Automated Border Control Markets systems and solutions is the key point to boost the market growth.
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