Automated Border Control Market will be growing at a CAGR of 18.3% during the forecast 2018 to 2026

According to a new market research report published by Acute Market Reports, “Automated Border Control Market – Growth, Future Prospects, and Competitive Landscape, 2018 -2026”, the global automated border control market was valued at US$ 526.7 Mn in 2017 and expected to expand at a CAGR of 18.3% during the forecast period from 2018 to 2026.

Market Insights

Investments made by the governments for developing robust security infrastructure at air, land and sea ports augurs well with the market growth worldwide. According to the passenger survey conducted by the International Air Transport Association’s (IATA) in 2017, one of the biggest pain points for air passengers remains airport border control processes. With air traffic continuing to rise at an unprecedented level owing to the emergence of new airlines and routes, airport authorities are forced to deploy smart and intelligent checkpoint solutions for improving passenger processing without compromising security and safety. For the majority of the airports, it is very difficult to expand an existing terminal or build a new one to accommodate an increase in passenger count. Automated border control solutions like e-gates and kiosks allow airport authorities to address this issue by quickening the border crossing process and ensuring the safety of each entry or exit point.

Browse Full Report Originally Published by Acute Market Reports at https://www.acutemarketreports.com/report/automated-border-control-market

Although developed markets including Europe and North America remain the primary hubs for automated border control solutions, emerging markets in Asia and the Middle East are poised to offer tremendous growth potential given the growth in population and rise in air travel frequency amid new routes added by major airlines in the region. On the other hand, international seaports remain a relatively untapped market for automated border control solution providers and offer tremendous potential. In 2017, the worldwide cruise industry estimations for passengers topped 25 million and is further projected to grow in the coming years, driving installations of border control kiosks at seaports. In a bid to ensure quality passenger experience through shorter processing time and enhanced safety, authorities at airports, seaports, and land ports are shifting from their conventional border control processes towards automation.

The global automated border control market is in the nascent stage of development and is highly fragmented. The global automated border control market being technology-driven, necessitates equipment manufacturers and vendors to invest a good amount of research and development.

List of Companies Covered:

• Gemalto NV
• Accenture
• Indra Sistemas S.A.
• SITA SA
• Atos SE
• Vision-Box
• Gunnebo Group
• Secunet Security Networks AG
• Cross Match Technologies
• International Security Technology
• Biolink Solutions
• Cognitec Systems

Market Segmentation:

By End-use Segment

• Airports
• Land Port
• Seaports

By Product Type Segment

• ABC e-Gates
• ABC Kiosks

By Component Segment

• Hardware
• Software
• Services

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

Key questions answered in this report

• Worldwide market size for automated border control solutions in 2016 and 2017
• Estimated forecast and market projections up to 2026
• Which is the largest regional market for automated border control solutions?
• Which end-user segment has the largest penetration of automated border control solutions?
• Which automated border control variant has the largest penetration?
• Which are the key trends driving the global automated border control market growth?
• Who are the leading vendors in the global automated border control market?
• What are the key strategies adopted by the leading vendors in the global automated border control market?