AI Products 

Automated Border Control Market Development Trends, Competitive Landscape and Key Regions

Nihal Patil
Automated Border Control Market Development Trends, Competitive Landscape and Key Regions

The Automated Border Control (ABC) Market was valued at USD 456.5 Million in 2016 and is expected to reach USD 1,577.7 Million by 2022, at a CAGR of 17.45% between 2017 and 2022. The major drivers for the growth of the ABC market are rising security concerns, enhanced traveler convenience in the border crossing process, and increasing need for automation across all port facilities.

Of all the major applications of ABC, airport holds the largest share of the ABC market. The demand for ABC across airports is growing owing to the increasing passenger traffic across the globe. The increasing passenger traffic at airports is mainly because of the increasing travel and tourism activities and economic development across the globe.

Among solution types, the ABC e-gate held a larger share of the automated border control market. This growth can be attributed to the increasing need for automation and increasing passenger traffic. ABC e-gates can process maximum number of passengers while maintaining security.

Request PDF Brochure : https://www.marketsandmarkets.com/requestsampleNew.asp?id=24899883

Hardware component holds the largest share of the automated border control market owing to the increasing need for biometric verification technology in the border control process. Additionally, biometric verification is the most accurate and authenticated validation technology suggested by transport authorities globally.

APAC is expected to be the fastest-growing market for ABC between 2017 and 2022. The government support to deploy ABC to enhance security and traveler convenience makes the ABC market attractive in the APAC region.

The key restraining factors for this market are the lack of standardization and large capital requirement for infrastructure projects. The threat of identity theft acts as a major challenge for the automated border control market.

The companies profiled in the report are Gemalto (Netherlands), OT-Morpho (France), SITA (Switzerland), Indra Sistemas (Spain), secunet Security Networks (Germany), Vision-Box (Portugal), Gunnebo (Sweden), NEC Corporation (Japan), Accenture (Republic of Ireland), and Cross Match Technologies (US). The companies profiled also cover the following key innovators: Arjo Systems (France), IER SAS (France), Cognitec Systems (Germany), and Securiport (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
[email protected]

Nihal Patil
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more