Automated Border Control Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth
Market Overview of Automated Border Control Market Industry (2024-2030):
According to the latest report, the Automated
Border Control Market size is estimated to grow at a
CAGR of around 16.5% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors
propelling the exponential growth of the Automated Border Control Market.
Key
Takeaways: Beneficial for Stakeholders and Clients
·
Historic
Period: 2019-2022
·
Base
year: 2023
·
Forecast
Years: 2024-2030
·
CAGR (2024-30): 16.5%
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What are the major Driver the Automated Border Control Market industry?
Geopolitical Concerns
& Safety Imperatives to Drive Adoption of Automated Border Control
Systems – Automated
border control systems have increasingly become a preference over
traditional manual verification methods, especially at key points like
airports, seaports, and land borders. This preference is primarily driven by
the precision & efficiency that automated systems offer in the verification
process, effectively countering illegal migration & related activities.
Even developed nations like the US and the UK have grappled with significant
challenges related to illegal migration, particularly at airports &
seaports.
Furthermore, recent geopolitical
events, such as the Russia-Ukraine conflict, have amplified concerns about the
potential rise in unlawful activities. This concern is compounded by the higher
volume of passengers moving through neighboring countries. Consequently, the
adoption of automated border control systems has become crucial to ensuring
both the safety & efficient management of borders, as well as airports
& seaports. This underscores the growing recognition of these technologies
as essential tools and is driving the continued expansion of the Automated
Border Control Market.
Automated
Border Control Market Segmentation
The Automated Border Control Market analysis
of MarkNtel Advisors explores the industry by emphasizing the growth parameters
and categorizes including geographical segmentation, to offer a comprehensive
understanding of the market dynamic. The further bifurcations are as follows:
- By Offering
- Hardware- Market Size & Forecast 2019-2030, USD Million
- Document Authentication System (DAS)- Market Size & Forecast
2019-2030, USD Million
- Biometric Verification System (BVS)- Market Size & Forecast
2019-2030, USD Million
- Face Recognition-
Market Size & Forecast 2019-2030, USD Million
- Fingerprint
Recognition- Market Size & Forecast 2019-2030, USD Million
- IRIS Recognition-
Market Size & Forecast 2019-2030, USD Million
- Palm & Vein
Recognition- Market Size & Forecast 2019-2030, USD Million
- Software- Market Size & Forecast 2019-2030, USD Million
- Services- Market Size & Forecast 2019-2030, USD Million
- Installation- Market Size & Forecast 2019-2030, USD Million
- Maintenance- Market Size & Forecast 2019-2030, USD Million
- Consultancy- Market Size & Forecast 2019-2030, USD Million
- By Solution Type
- Automated Border Control (ABC) Kiosk- Market Size & Forecast
2019-2030, USD Million
- Automated Border Control (ABC) e-Gate- Market Size & Forecast
2019-2030, USD Million
- By Application
- Airport- Market Size & Forecast 2019-2030, USD Million
- Land Borders- Market Size & Forecast 2019-2030, USD Million
- Sea Port- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Top Companies in the Automated Border Control Market
Securiport LLC, Veridos GmbH, Cognitec Systems GmbH, HID
Global Corporation, Gunnebo Entrance Control Ltd., Thales Group, Accenture PLC,
Atos SE, Magnetic Autocontrol GmbH, IDEMIA, Collins Aerospace, Indra Sistemas
S.A., Secunet Security Networks AG, Vision Box, NEC Corporation, and Others
Global Automated Border Control
Industry Recent Development:
- 2023: IDEMIA- the
worldwide frontrunner in identity technology, has its facial recognition
1: N algorithm achieving the highest accuracy in the recent Face
Recognition Vendor Test (FRVT) conducted by the National Institute of
Standards and Technology (NIST). IDEMIA's technology offers an exceptional
blend of effectiveness, scalability, precision, and equity in facial
recognition, as demonstrated by the NIST assessments.
- 2022: Vision-
Box introduced a new self-service passenger processing
kiosk, the Seamless Kiosk, which offers features similar to other
self-service kiosks, enabling travelers to check in & handle baggage
independently.
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Market research encompasses a wide spectrum of activities, including precise
market sizing, detailed segment analysis, accurate demand forecasting, competitor
identification, and meticulous pricing trend monitoring.
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