Automated Border Control Market Size – Industry Structure Evaluation, Demand Drivers Analysis, Regional Growth Analysis and Identification, Competitive Positioning Review & Global Market Size Forecast to 2029
Overview
Automated Border Control Market is expected to reach US$ 2.12 Bn by 2029, at a CAGR of 10.45% during the forecast period.
Automated Border Control Market Overview
To protect the public from terrorism and threats, governments across the globe have started implementing various technologies, one of which is an automated border control system (ABC). The increasing adoption of advanced technologies such as IoT, AI, biometric identification system, and modern technologies of e-gate such as border control software and facial recognition are driving the automated border control system globally. Additionally, the growing security concerns and control to detect frauds with greater risk with the help of electronic microprocessors along with maintaining enhanced passenger traveling experience is expected to propel the market during the forecast period.
The report also covers the detailed analysis of the global automated border control system industry with the classifications of the market based on component type, solution type, application area, and region. Analysis of past market dynamics from 2017 to 2022 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.
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Automated Border Control Market Dynamics
Government in various regions are investing in automated border control system technology to prevent terrorist activities as well as to maintain the security process due to the rise in traveling activities are expected to fuel the global automated border control system market. The growing danger of terrorist attacks and the security rules that have been set by worldwide experts like IATA, ICAO, and ACI are among the two most critical drivers supporting the global automated border control system market. Similarly growing in the aviation industry due to the substantial rise in the number of airports and the exponential increase in air passenger traffic is expected to create the demand for automated border control during the forecast period.
Many airports are investing in recent technology of kiosks at the border for efficiency and smoothly handling a large number of passengers. Where, more than 74% of the air explorers in 2022 utilized one of this self-administration system was expected by the Airline administrations supplier, SITA, thus creating a demand for the market.
Also, factors such as lack of standardization and higher setup investment of the border control systems are expected to hamper the growth of the automated border control market during the forecast period.
Automated Border Control Market Segmentation Analysis
By Component Type, the software segment holds the highest share of xx% in the global automated border control market and is expected to reach US$ xx Mn by 2029. The growing need for automation to enhance overall efficiency at airports, land ports, and seaports, which ensures the performance of biometric and facial recognition database algorithms and also provides risk assessment for travelers. This in turn is expected to fuel the global market of automated border control systems.
By Solution Type, the ABC e-Gate segment holds the highest share of xx% in the global automated border control market and is expected to reach US$ xx Mn by 2029. This system allows border crossing systems to process a large number of passengers at a time with enhanced security, which scans boarding passes and grants passengers access to secure areas. Thus ABC e-Gate segment is projected to expand rapidly and thereby automated border control market during the forecast period.
By Application Area, the airport segment is anticipated to emerge as the fastest-growing segment, registering a CAGR of xx% during the forecast period. The airport segment is expected to grow due to growth in traveling activities, and an increase in the number of passenger traffic as it takes less time to travel. This is creating demand due to economic development and growing travel and tourism activities across the globe. Similarly, the Seaports segment is also expected to grow significantly during the forecast period due to the growing traffic of passengers and extended border integrity.
Automated Border Control Market Regional Analysis
The European region held the largest market share of the global automated border control market in 2022 and is expected to continue the same dominance throughout the forecast period. Similarly growing in the airport industry and governments regulation for the adoption of the ABC system due to security concerns is expected to fuel the market in European region followed by North America.
Also, The Asia Pacific is the fastest growing the market of automated border control due to the rise in the number of airports and the increase in air passenger traffic, and travel activities.
Automated Border Control Market Scope: Inquire before buying
| Global Automated Border Control Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2022 | Forecast Period: | 2023-2029 |
| Historical Data: | 2017 to 2022 | Market Size in 2022: | US $ 1.05 Bn. |
| Forecast Period 2023 to 2029 CAGR: | 10.45% | Market Size in 2029: | US $ 2.12 Bn. |
| Segments Covered: | by Component Type | • Software • Hardware • Services |
|
| by Solution Type | • ABC kiosk • ABC e-gate |
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| by Application Area | • Land port • Seaport • Airport |
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Automated Border Control Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Automated Border Control Market Key Players
• Accenture
• Atos
• Arjo Systems
• Cross Match Technologies
• International Security Technology
• Magnetic Autocontrol
• Biolink Solutions
• Cognitec Systems
• Gemalto NV
• Cominfosec
• Magnetic Autocontrol
• Veridos GmbH
• HID Global Corporation
• OT-Morpho
• NEC Corporation
Frequently Asked Questions:
1. Which region has the largest share in Global Automated Border Control Market?
Ans: Europe region held the highest share in 2022.
2. What is the growth rate of Global Automated Border Control Market?
Ans: The Global Automated Border Control Market is growing at a CAGR of 10.45% during forecasting period 2023-2029.
3. What is scope of the Global Automated Border Control Market report?
Ans: Global Automated Border Control Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Automated Border Control Market?
Ans: The important key players in the Global Automated Border Control Market are – Accenture, Atos, Arjo Systems, Cross Match Technologies, International Security Technology, Magnetic Autocontrol, Biolink Solutions, Cognitec Systems, Gemalto NV, Cominfosec, Magnetic Autocontrol, Veridos GmbH, HID Global Corporation, OT-Morpho, and NEC Corporation
5. What is the study period of this Market?
Ans: The Global Automated Border Control Market is studied from 2022 to 2029.