05-Feb-2021 | Zion Market Research
As per Zion Market Research, the global market for automated border control was capitalized at USD 510 million in 2019 and is predicted to cross USD 1.9 billion by 2025, with a CAGR of almost 18%. The primacy drivers for the development of the automated border control market are improved traveler convenience in the process of border crossing, increasing security concerns, and rising requirement for automation across all port plants.
The major players active in the global market are OT-Morpho, Gemalto, Indra Sistemas, SITA, Vision-Box, secunet Security Networks, NEC Corporation, Gunnebo, Cross Match Technologies, Accenture, IER SAS, Arjo Systems, Securiport, and Cognitec Systems.
Of All The Primary Applications Of Automated Border Control, Airport Has The Biggest Share Of The Automated Border Control Market
Of all the primary applications of automated border control, airport has the biggest share of the automated border control market. The requirement for automated border control all over airports is increasing due to the rising passenger traffic all over the world. The rising passenger traffic at airports is majorly owing to the rising tourism and travel activities and economic growth all over the world.
Amongst Solution Types, The Automated Border Control E-Gate Had A Bigger Share Of The Global Market
Amongst solution types, the automated border control e-gate had a bigger share of the global market. This development can be credited to the increasing passenger traffic and rising requirement for automation. Automated border control e-gates can churn max number of users while preserving security.
Hardware Component Has The Biggest Share Of The Global Market For Automated Border Control
Hardware component has the biggest share of the global market for automated border control due to the rising requirement for biometric verification tech in the process of border control. In addition to this, biometric verification is the most authenticated and accurate validation tech recommended by transport authorities all over the world.
Asia Pacific Is Predicted To Be The Quickest-Developing Market For Automated Border Control In The Years To Come
Asia Pacific is predicted to be the quickest-developing market for automated border control in the years to come. The support from government to set up automated border control to improve traveler convenience and security makes the global market for automated border control attractive in the Asia Pacific region.
Browse the full “Automated Border Control Market - By Component (Software, Hardware, And Services (Maintenance And Installation)), By Solution Type (ABC Kiosk And ABC E-Gate), By Application (Land Port, Airport, And Seaport), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/automated-border-control-market
The global automated border control market is segmented as follows:
By Solution Type
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