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Automated Border Control Market Size to Boost USD 4.5 Billion By 2027 | CAGR 14% – IndustryARC
IndustryARC, in its latest report, predicts that The global Automated Border Control Market size is forecast to reach USD 4.5 billion by 2027, growing at a CAGR of 14% from 2022 to 2027. Automated border control is a system which authenticates the identity of the passenger with the help of an electronic machine readable travel document (e-MRTD) using document authentication system, querying border control records and automatically determining eligibility for border crossing according to pre-defined rules and which is composed of a self service kiosks and an e-gate. The Automated Border Control Market report by IndustryARC covers complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.
Competitive Landscape:
The top 5 players in the Automated Border Control industry are –
1. Accenture PLC
2. Indra Sistemas S.A.
3. Vision-Box
4. Secunet Security Networks
5. Cross Match Technologies
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Segmental Analysis :
1. The automated border control market by system has been segmented intoautomated border control e-gates, automated border control kiosk.Theautomated border control e-gatessegmentheld the largest share of 55%, in 2021. This is owing to the large crowd handing capacity of the system with time-efficient and secured method. These E-gates are compact, flexible and easy to deploy and hence adopted on a large scale.
2. The automated border control market by geography is segmented into North America, Europe, Asia-Pacific (APAC), South America, and the rest of the world (RoW). North America held the largest automated border control market share with 32% of total market size. Automated border control market growth is attributed to the contributing factors such as rise in stringent laws for cross border travelling increase in illegal travelling and other activities, and increase in traffic at airports.
3. The automated border control market by technology has been segmented into radio frequency identification (RFID), biometrics, QR codes, motion sensors, drones, surveillance cameras, radar systems,and others. The biometrics segment held the largest share of 45% in 2021. This is due to increasing use of multimodal biometric systems which comprises of face recognition, fingerprints and iris scanning in a single combined system.
Report Coverage |
|
Report Attributes |
Details |
By Offering |
Hardware,Software, Services |
By Type |
Automated border control E-gates, Automated border control kiosk |
By Component |
Radio frequency Identification, Biometrics, QR codes, Motion sensors, Drones , Surveillance cameras, Radar systems |
By Application |
Land borders, Seaport, Airport |
By End user |
Airlines, Airport, Government, Air Navigation Service Providers |
By Geography |
North America, Europe, Asia-Pacific, South America and Rest of World |
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Market Drivers and Challenges :
1. The growing illegal activities across the country borders are leading to the growing adoption of automated border control technologies which act as a driver for this market: Automated border control systems are adopted over conventional manual verification mainly at airports, and also at seaport and land borders on a large scale. This is due to the precision and ease of verification process which prevents operation of illegal migration and other activities
2. The increasing innovations and research in biometrics and other automation technologies is driving the growth of automated border control market: Various technologies such as biometrics, RFID, QR code are majorly used for verification and processing of data at airports, seaports and land borders. Biometrics uses facial recognition, fingerprints, iris scanning and verification. There are many innovations and research especially in the biometrics to compete in the automated border control market.
3. The lack of standardization and security of biometrics scan creates challenges in cross border verification which restrains the growth of the automated border control market: The automated border control is dominated with the use of biometrics technological devices. However, there are a few drawbacks such lack of standardization in facial recognition and risk of security of biometric data. Automated border control (ABC) systems have been installed for the security of border crossing points.
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Email: venkat@industryarc.com
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Similar Reports :
A. Border Security System Market
https://www.industryarc.com/Report/16192/border-security-system-market.html
B. Airport Security Market
https://www.industryarc.com/Report/18123/airport-security-market.html
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Website: https://www.industryarc.com/Research/Automated-Border-Control-Market-Research-505247
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