The Global Automated Border Control Market Growth at a rate of 18.60% in the forecast period 2022 to 2029
Market Analysis and Insights - Global Automated Border Control Market
Automated border control has become a crucial aspect in the transportation sector over the years. The technology is gaining immense popularity as it offers efficient solutions to airport systems along with providing convenient experience to passengers.
The Global Automated Border Control Market was valued at USD 1071.18 million in 2021 and is expected to reach USD 4193.16 million by 2029, registering a CAGR of 18.60% during the forecast period of 2022-2029. Airport is expected to witness significant growth in the application segment of the market owing to the increase in air travels across the globe. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
Automated border control is a barrier that begins processing as soon as the passenger enters and ensures that the passenger is the legal owner of the document. It uses the information stored in the biometric passport's chip to verify the user's identification using a variety of methods, including fingerprint, biometric, face, and iris recognition, or a combination of the aforementioned.
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The Global Automated Border Control Market Size
The automated border control market is segmented on the basis of type, component and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Restraints/Challenges
On the other hand, dearth of standardization is expected to obstruct market growth. Also, the threat of identity theft is projected to challenge the automated border control market in the forecast period of 2022-2029.
This automated border control market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automated border control market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automated Border Control Market Country Level Analysis
The automated border control market is analysed and market size insights and trends are provided by country, type, component and application as referenced above.
The countries covered in the automated border control market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
Europe dominates the automated border control market because of the rise in the airport industry and the increasing government’s regulation for the adoption of the ABC system due to security concerns within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the increase in the number of airports and the rise in the air passenger traffic, and travel activities in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Global Automated Border Control Market Share Analysis
The automated border control market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the automated border control market.
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Key Players Global Automated Border Control Market
Some of the major players operating in the automated border control market are
- Secunet (Germany)
- IER (France)
- Gemalto NV (Netherlands)
- IDEMIA (France)
- Dermalog (Malaysia)
- Identification Systems GmbH (Germany)
- SITA (Switzerland)
- Cognitec Systems GmbH (Germany)
- Securiport LLC (US)
- Veridos (Greece)
- CrossMatch (US)
- HID Global Corporation (US)
- NEC Corporation (Japan)
- Indra Sistemas (Spain)
- Accenture (Ireland)
- Gunnebo AB (Sweden)
- Vision Box (Portugal)
- Collins Aerospace (US)
- Aware, Inc. (US)
- Vancouver Airport Authority (Canada)
- Atos SE (France)
Global Automated Border Control Market Report Answers the Following Questions:
- How much revenue will the Global Automated Border Control Market generate by the end of the forecast period?
- Which market segment is expected to have the maximum market share?
- What are the influencing factors and their impact on the Global Automated Border Control Market ?
- Which regions are currently contributing the maximum share of the overall Global Automated Border Control Market ?
- What indicators are likely to stimulate the Global Automated Border Control Market ?
- What are the main strategies of the major players in the Global Automated Border Control Market to expand their geographic presence?
New Business Strategies, Challenges Policies are mentioned in Table of Content, Request TOC @
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