Automated Border Control Market Revenue, Growth, Restraints, Trends, Company Profiles, Analysis &Forecast

aishwarya

posted on 9 months ago — updated on 1 second ago

78
views

Automated Border Control Market Revenue, Growth, Restraints, Trends, Company Profiles, Analysis &Forecast

Market Size – USD 1.91 Billion in 2022, Market Growth – at a CAGR of 13.5%, Market Trends – Reliability of the border crossing process using the Internet of Things (IoT) devices and services

Emergen Research has recently published a new report on the Global Automated Border Control market that offers key insights about the regional and global scope of the Automated Border Control market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of . The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

The Automated Border Control (ABC) market has gained significant traction in recent years, driven by the increasing need for enhanced security measures and streamlined border control processes. Automated Border Control refers to the use of advanced technologies, such as biometrics, facial recognition, and e-gates, to automate the immigration and customs clearance procedures at border checkpoints. These systems aim to expedite the border control process, improve security, and enhance the overall traveler experience.

The global automated border control market size was USD 1.91 Billion in 2022 and is expected to register a revenue CAGR of 13.5% during the forecast period, according to latest analysis by Emergen Research. One of the key drivers of the Automated Border Control market is the growing global travel and tourism industry. With the increasing number of international travelers, airports and border checkpoints face the challenge of efficiently processing a large volume of passengers while maintaining high security standards. Automated Border Control systems offer a solution by automating the identity verification process, reducing waiting times, and enhancing the overall passenger experience. These systems can accurately authenticate travelers' identities using biometric data, such as fingerprints or facial recognition, ensuring a secure and efficient border control process.

Another driver of the Automated Border Control market is the rising concern for national security. Governments worldwide are investing in advanced border control technologies to strengthen their security measures and prevent unauthorized entry. Automated Border Control systems provide a robust and reliable means of verifying travelers' identities, reducing the risk of identity fraud and enhancing border security. By automating the identity verification process, these systems can quickly identify individuals with criminal records or those on watchlists, enabling authorities to take appropriate action promptly.

However, there are also some restraints and challenges that need to be addressed for the widespread adoption of Automated Border Control systems. One of the main concerns is privacy and data protection. As these systems collect and store biometric data, there is a need to ensure that the data is securely managed and protected from unauthorized access. Governments and organizations implementing Automated Border Control systems must establish robust data protection policies and comply with relevant privacy regulations to address these concerns.

Moreover, the initial high cost of implementing Automated Border Control systems can be a barrier to adoption. The deployment of advanced technologies, infrastructure upgrades, and system integration require significant investments. However, the long-term benefits, such as improved operational efficiency, enhanced security, and reduced staffing costs, outweigh the initial investment. Governments and organizations need to carefully evaluate the return on investment and consider the long-term benefits when implementing these systems.

Government organizations play a crucial role in shaping the Automated Border Control market. For instance, the U.S. Customs and Border Protection (CBP) has implemented the Global Entry program, which allows pre-approved, low-risk travelers to expedite their entry into the United States using Automated Border Control kiosks. Similarly, the European Union has introduced the Smart Borders initiative, aiming to enhance border security and facilitate the movement of legitimate travelers through the use of Automated Border Control systems.

Get Free Sample PDF Brochure @ https://www.emergenresearch.com/request-sample/2014

The report also discusses the key players involved in the market as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

Leading Players Profiled in the Report:

SITA, Indra, Vision-Box, secunet Security Networks AG, IDEMIA, Thales, NEC Corporation, Accenture, Gunnebo AB, Atos SE, Cominfosec Inc., Veridos GmbH, ASSA ABLOY, Cognitec Systems GmbH, and Collins Aerospace

The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

Automated Border Control Market Segmentation:

Type Outlook (Revenue, USD Billion; 2019-2032)
- Automated Border Control (ABC) E-Gates
- Automated Border Control (ABC) Kiosks

Offerings Outlook (Revenue, USD Billion; 2019-2032)
- Hardware
  - Document Authentication System (DAS)
  - Biometric Verification System (BVS)
    1. Face Recognition
    2. IRIS Recognition
    3. Fingerprint Recognition
    4. Others
  - Others
- Software
- Services
  1. Installation
  2. Maintenance

Application Outlook (Revenue, USD Billion; 2019-2032)

Airports
Land Ports
Seaports

To know more about the report @ https://www.emergenresearch.com/industry-report/automated-border-control-market

The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Automated Border Control market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.

Radical Features of the Automated Border Control Market Report:

The report encompasses Automated Border Control Market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Enterprise Performance Management industry

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/2014

Thank you for reading our report. For further details or to inquire about customization, please let us know and we will offer you the report as per your needs.

Look Over transcripts provided by Emergen Research

Take a Look at OUR Reports:

Underfloor Heating Market

https://www.emergenresearch.com/industry-report/underfloor-heating-market

Master Data Management Market

https://www.emergenresearch.com/industry-report/master-data-management-market

Security Information and Event Management Market

https://www.emergenresearch.com/industry-report/security-information-and-event-management-market

Small Launch Vehicle Market

https://www.emergenresearch.com/industry-report/small-launch-vehicle-market

3D Scanner Market

https://www.emergenresearch.com/industry-report/3d-scanner-market