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Automated Border Control Solutions Market 2020: Accuracy in Border Crossing Process Through IoT Devices and Services

03-19-2020 03:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Decision Market Reports

Market Drivers: Rising Security Concerns, Increasing Need for Automation Across All Port Facilities, Enhanced Traveler Convenience in Border Crossing Process, Rise in International Passenger Travel, Accuracy in Border Crossing Process Through IoT Devices and Services

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Automated Border Control Solutions valued approximately USD 647.7 million in 2017 is anticipated tgrow with a healthy growth rate of more than 15.80% over the forecast period 2018-2025. Rising awareness about security concerns and enhancement in the convenience of travelers are major factors driving the growth in the Global Automated Border Control Market. However, high capital investment requirements and the absence of standardization hamper the market growth.

Automated border control Solution is a system that starts the process as the passenger comes in and makes sure that the traveler whis carrying the document is the correct holder of that document. The solution comprises of various technologies of e-gate like facial recognition and border control software. Automated border control delivers an efficient solution for airport systems. It alsenhances the convenience of the passengers. Since these solutions let the travelers cross the gate automatically, therefore they reduce the border crossing time and alsreduce the possibility of human errors.

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The fraud is detected with greater accuracy by the automated border control solutions as they use electronic microprocessors. As the number of passengers traveling through flights is increasing, the workload of airport staff is alsrising. Which in turn raises the need for fast and accurate processing due tsecurity concerns and therefore, the demand for automated border control solutions is alsgrowing rapidly.

The regional analysis of Automated Border Control Solutions is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. In a region such as Asia-Pacific, Middle-East and Africa, the rise in usage of passenger vehicles set the growth in Automated Border Control Solutions over the forecasted period 2018-2025. Asia-Pacific is estimated thold a prominent share of the Automated Border Control Solutions market. Developing countries, such as India and China, are significant players boosting the demand for the Automated Border Control Solutions.

Europe, North America, and the Middle East and Africa are continuously witnessing infrastructural growth which fueling the demand of Automated Border Control Solutions over the coming years. Asia Pacific region is contributing towards the growth of global Automated Border Control Solutions and anticipated texhibit a higher growth rate / CAGR over the forecast period 2018-2025.

The leading Market players mainly include-
o Vision-Box
o Sita
o Secunet Security Networks
o OT-Morpho
o Gemalto
o NEC Corporation
o Indra Sistemas
o Accenture

The objective of the study is tdefine market sizes of different segments & countries in recent years and tforecast the values tthe coming eight years. The report is designed tincorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report alscaters the detailed information about the crucial aspects such as driving factors challenges which will define the future growth of the market. Additionally, the report shall alsincorporate available opportunities in micrmarkets for stakeholders tinvest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
o ABC E-gate
o ABC Kiosk

By Solution:
o Airport
o Land Port
o Seaport

Gasper James
304, S Jones Blvd,
Las Vegas,
NV 89107, USA
US Toll-Free +18666051052
Email: sales@decisionmarketreports.com
Web: http://decisionmarketreports.com/

Decision Market Reports is a one-stop solution, covers market research studies of all the industries, companies and regions. DMR aims at providing quality research, and insights about every market to helps our clients in taking right decisions. Our repository consists of most trending industry reports, niche areas, and leading company profiles. A comprehensive collection of reports is updated daily to offer hassle-free access to our latest updated report databases.

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