Press release
Soaring Growth in Global Automated Border Control Market: Market Size, Key Drivers, and Future Trends
Automated Border Control Market
What Is The Projected Market Size Of The Global Automated Border Control Market And Its Growth Rate?
• The automated border control market will grow from $1.66 billion in 2024 to $1.88 billion in 2025, reflecting a compound annual growth rate (CAGR) of 13.2%.
• The next few years are expected to witness a further rapid surge in growth, driving the market to $3.23 billion in 2029 at a CAGR of 14.5%.
• Key drivers of this growth include rising global security concerns, advances in authentication technology, surging air travel, and contactless, hygienic solutions for border management.
What Is Driving The Growth In The Automated Border Control Market?
The surge in air passenger traffic is a key factor propelling the growth of the automated border control market. Automated border controls enhance the airport travel experience by automating passport control, thus leading to customer satisfaction and increased efficiency. To illustrate, according to the U.S. Bureau of Transportation Statistics, U.S. airlines carried 194 million more passengers in 2022 than in 2021, a year-on-year increase of 30%. The total passenger count reached 853 million, which has significantly contributed to the growth of the automated border control market.
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Who Are the Key Players Driving Automated Border Control Market Growth?
Key players in the automated border control market include:
• Atos SE
• Veridos GmbH
• NEC Corporation
• Gunnebo AB
• Idemia Group
• SITA S.A.
• Indra Sistemas S.A.
• Vision-Box
• Secunet Security Networks AG
• Cross Match Technologies Inc.
• Gemalto NV, accenture* plc
• DERMALOG Identification Systems GmbH
• Cognitec Systems GmbH
• Thales Group
• Cominfosec Inc.
• HID Global Corporation
• Magnetic Autocontrol GmbH
• Rockwell Collins Aerospace and Electronics Inc.
• Innovatrics
• Aware Inc.
• MorphoTrust USA
• OT-Morpho
• Arjo Systems
• IER SAS
• Kaba Group
• M2SYS Technology
• Securiport LLC
• X Infotech
• BioID AG
What Are The Key Trends In The Automated Border Control Market?
Trends in the automated border control market include:
• Increasing standardization and interoperability.
• Enhanced passenger experience through effective border controls.
• Incorporation of blockchain technology and IoT deployment.
• Collaborations with airlines and the travel industry for improved border management.
• Development of smart infrastructure to streamline border control procedures.
What Are The Segments Of The Global Automated Border Control Market?
Segments of the automated border control market include:
1) By Component: Hardware, Software, Services
2) By Type: Automated Border Control E-gates, Automated Border Control Kiosks
3) By Application: Airport, Landport, Seaport
Which Region Leads The Automated Border Control Market?
Europe was the largest region in the automated border control market in 2024, while Asia-Pacific is expected to be the fastest-growing region in the upcoming years. Other regions covered in the market report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Automated Border Control Market Global Market Report?
- Market Size Analysis: Analyze the Automated Border Control Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automated Border Control Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automated Border Control Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automated Border Control Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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