Automated Security E-Gate Market Research Report 2024-2033 | Size, Growth, Demand, Trends

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Automated Security E-Gate Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2.36 Bn In 2028 At A CAGR Of 18% :

The automated security e-gate market size has grown rapidly in recent years. It will grow from $1.03 billion in 2023 to $1.22 billion in 2024 at a compound annual growth rate (CAGR) of 17.7%. The growth in the historic period can be attributed to increased security concerns, rising demand for seamless travel experience, government initiatives for border control, globalization and trade growth, pressure to enhance operational efficiency.

The automated security e-gate market size is expected to see rapid growth in the next few years. It will grow to $2.36 billion in 2028 at a compound annual growth rate (CAGR) of 18.0%. The growth in the forecast period can be attributed to growing international travel, increasing adoption of biometric technology, rising demand for advanced border security solutions, expanding investments in airport infrastructure, stringent regulatory requirements for identity verification and border control. Major trends in the forecast period include integration of artificial intelligence (AI) and machine learning (ML) for enhanced security, expansion of contactless biometric solutions, enhanced passenger experience through personalization, adoption of cloud-based solutions for scalability and flexibility, emphasis on sustainability and green initiatives.

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Automated Security E-Gate Market Major Segments
The automated security e-gate market covered in this report is segmented -

1) By Type: Hardware, Software
2) By Application: Automated E-Gates for Critical Infrastructure, Automated E-Gates for Border Control
3) By End-User: Airlines, Airports, Government, Air Navigation Service Providers, Other End-Users

Key Driver - Air Travel Demand Fuels Growth In The Automated Security E-gate Market

The rapid growth of air travel is expected to propel the automated security e-gate market going forward. Air travel refers to the transportation of passengers by aircraft, typically through commercial airlines or private aviation. Air travel growth is driven by various factors, such as affordable air travel costs, a shift towards sustainable aviation fuels, and advances in aviation technology. Automated security e-gates enhance air travel efficiency by expediting passenger screening processes and bolstering security measures through advanced technology integration. For instance, in February 2023, according to the International Civil Aviation Organization, a Canada-based specialized agency of the United Nations, the number of air passengers carried in 2022 increased by an estimated 47% compared to 2021, while revenue passenger kilometers (RPK's) increased by around 70% over the same period. Therefore, the rapid growth of air travel is driving the growth of the automated security e-gate market.

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Prominent Trend - Multimodal Biometric Pods Transforming The Automated Security E-Gate Market

Major companies operating in the automated security e-gate market are developing advanced technological products, such as multimodal biometric pods, to gain a competitive edge in the market. A multimodal biometric pod refers to a compact and integrated system that incorporates multiple biometric authentication methods within a single unit or enclosure. For instance, in December 2022, Thales Group, a France-based information technology company, launched the Multimodal Biometric Pod, an automated security e-gate technology designed to enhance border control operations by integrating iris and face recognition capabilities for both enrolling and verifying travelers' identities. The Thales biometric pod improves efficiency, reduces processing time, and ensures compliance with security and privacy standards. It can be used as a standalone unit or integrated into self-service solutions. The biometric pod features a camera and a high-resolution LCD screen, and it can recognize a pre-enrolled traveler's iris and face from a distance of 0.5 to 1.5 meters. With the help of AI, the solution can capture dual iris and faces in just two seconds, enabling swifter operations and visibly shorter wait times.

Automated Security E-Gate Market Players
Major companies operating in the automated security e-gate market are Panasonic Holdings Corporation, 3M Company, NEC Corporation, Thales Group, NXP Semiconductors N.V., Assa Abloy AB, Amadeus IT Group, Smiths Group plc, Gemalto NV, IDEMIA France SAS, Unisys Corporation, SITA NV, OSI Systems Inc., Atos SE, Rapiscan Systems, ARJO Systems, Bosch Security Systems, Josanti Infoimaging, Gunnebo AB, HID Global Corp., Cognitec Systems GmbH, Dallmeier Electronic GmbH & Co. KG, Invixium Access Inc.

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Largest And Fastest Growing Region In The Market
Europe was the largest region in the automated security e-gate market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automated security e-gate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Automated Security E-Gate Market Report Structure
3. Automated Security E-Gate Market Trends And Strategies
4. Automated Security E-Gate Market - Macro Economic Scenario
5. Automated Security E-Gate Market Size And Growth
…..
27. Automated Security E-Gate Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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