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Automated Border Control Market Overview, Competitive Analysis, Key Trends And Outlook (2023 To 2032)
Automated Border Control Market Analysis
The Business Research Company's Automated Border Control Global Market Report 2023 identifies increase in air passenger traffic as the major driver for the automated border control market's growth in the forecast period. Air passenger traffic refers to the number of people who travel on commercial airlines for personal or business purposes. Automatic border control helps air passengers by implementing automated passport control and provides complete control of their airport travel experience, resulting in customer satisfaction, increased efficiency, and staff productivity.
The global automated border control market size is expected to grow from $1.29 billion in 2022 to $1.48 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automated border control market size is expected to reach $2.46 billion in 2027 at a CAGR of 13.6%.
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Major competitors in the automated border control market are Atos SE, Veridos GmbH, NEC Corporation, Gunnebo AB, Idemia Group, SITA S.A., Indra Sistemas S.A., Vision-Box, Secunet Security Networks AG.
A key trend in the automated border control market includes adoption of new technologies. Major companies operating in the automated border control market are adopting new technologies to sustain their position in the market. For instance, in February 2023, Nexcom International Co. Ltd., a Taiwan-based provider of digital signage appliances, launched an automated border control solution powered by their NDiS B561 fanless visual edge computer. This innovative technology provides dependable, practical, high-performance visible edge computing, enabling security screening applications supported by artificial intelligence (AI) and biometric identification. It captures biometric data from travelers, such as their facial images and fingerprints. The data is then processed using artificial intelligence (AI) to identify and authenticate travelers. This helps to prevent illegal entry and identify potential threats. Additionally, the solution will help improve security and efficiency, reduce costs at borders, and make the world safer.
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The automated border control market is segmented -
1) By Type: Automated Border Control E-gates, Automated Border Control Kiosks
2) By Component: Hardware, Software, Services
3) By Application: Airport, Landport, Seaport
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the automated border control market.
The Business Research Company's "Global Automated Border Control Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automated Border Control Market Include:
1. Executive Summary
2. Automated Border Control Market Characteristics
3. Automated Border Control Market Trends And Strategies
4. Automated Border Control Market - Macro Economic Scenario
5. Automated Border Control Market Size And Growth
…….
26. Africa Automated Border Control Market
27. Automated Border Control Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automated Border Control Market
29. Automated Border Control Market Future Outlook and Potential Analysis
30. Appendix
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