Automated Border Control Market Size and Growth Analysis Market Report Until 2028
Automated border control market is expected to grow double-digit annually during the forecast period. The global automated border control market is driven by the growing increasing adoption of advanced technologies such as IoT, AI, facial recognition, biometric identification system, among others. Additionally, the growing security concerns along with maintaining enhanced passenger travelling experience is further expected to propel the market during the forecast period. Furthermore, ongoing technological advancements and new product launches by the key vendors operating in the market is expected to create lucrative opportunities for the market growth through 2028. However, high initial investment involved can hamper the market growth over the next few years. Besides, lack of standardization can further impede the market growth during the forecast period.
The global automated border control market is segmented based on component, solution, application, company, and region. Based on component, the market can be categorized into hardware, software, and service. The hardware segment is expected to dominate the market attributable to the increasing need for biometric verification technology in the border control process. On the contrary, the software segment is expected to grow on account of the high efficiency and enhanced performance of biometric and document recognition database algorithms. Based on solution, the market can be bifurcated into ABC e-gates and ABC kiosks. ABC e-gates segment is expected to dominate the market owing to the increasing need for automation and increasing passenger traffic. Additionally, these can process maximum number of passengers while maintaining security.
Regionally, the automated border control market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia Pacific is expected to register the significant growth in the overall automated border control market owing to the increasing security concerns which has led to the deployment of ABC kiosks and gates by the different governments in the region. Furthermore, increasing tourism and growing need to enhance travel experience further fuel the market growth in the region through 2028.
The major players operating in the automated border control market are Gemalto, OT-Morpho, SITA, Indra Sistemas, secunet Security Networks, Vision-Box, Gunnebo, NEC Corporation, Accenture, Cross Match Technologies, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze and estimate the market size of global automated border control market from 2018 to 2021.
- To estimate and forecast the market size of global automated border control market from 2022 to 2028 and growth rate until 2028.
- To classify and forecast global automated border control market based on component, solution, application, company and regional distribution.
- To identify dominant region or segment in the global automated border control market.
- To identify drivers and challenges for global automated border control market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global automated border control market.
- To identify and analyze the profile of leading players operating in global automated border control market.
- To identify key sustainable strategies adopted by market players in global automated border control market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global automated border control market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Automated border control service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to automated border control
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global automated border control market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Automated Border Control Market, By Component:
- Hardware
- Software
- Service
- Global Automated Border Control Market, By Solution:
- ABC e-gate
- ABC kiosk
- Global Automated Border Control Market, By Application:
- Airport
- Land port
- Seaport
- Global Automated Border Control Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
- South America
- Brazil
- Argentina
- Colombia
- North America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global automated border control market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Global automated border control market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com
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