Uploaded on Apr 30, 2021
As per the research by Market Research Future Reports (MRFR), the Automated Border Control Market is projected to expand at a CAGR of 16% during the forecast tenure from 2017 to 2023. Strengthening border security is the most significant factor driving the global automated border control market 2020. Browse Complete Report @ https://www.marketresearchfuture.com/reports/automated-border-control-market-4662
Automated Border Control Market Perspective by Comprehensive Analysis, Growth Prediction to 2027
Market Synopsis
As per the research by Market Research Future Reports (MRFR), the Automated Border Control
Market is projected to expand at a CAGR of 16% during the forecast tenure from 2017 to 2023.
Strengthening border security is the most significant factor driving the global automated border
control market 2020. The self-service barriers located for enhancing passenger management
and the demand to eradicate unwanted immigration is estimated to propel the market growth
during the forecast period. Moreover, there has been a surge in demand for biometrics systems
in international airports. Seaports are propelling the demand for automated border control
systems. Also, the increased usage of the Internet of Things (IoT) has further propelled the
market. However, the inability of advanced technology to reach remote locations is the major
cause restraining the growth of the global automated border control market. Furthermore, the
outbreak of COVID-19 has resulted in the daily business operations to come at a standstill.
Several markets have come to stagnancy due to general observation in several countries.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4662
Key Players
The forefront players of the global ABC Market are HID Global (U.S.), Atos Corporation (France),
Cognitec Systems (Germany), Cominfosec (Czech Republic), Cross Match Technologies Inc.
(U.S.), Gemalto (the Netherlands), Gunnebo Group Corporation (Sweden), Accenture PLC
(Ireland), Magnetic Autocontrol GmbH (Germany), and Modi Modular Digits GmbH (Germany).
Market Segmentation
The global automated border control market can be segregated on the basis of application,
solution type, component, and region.
Based on the application, the global automated border control market can be classified into
land port, airport, and seaport.
Based on the solution type, the global automated border control market can be classified into
ABC Kiosk and ABC E-gate.
Based on components, the global automated border control market can be classified into
hardware, software, and service.
Based on the region, the global automated border control market can be classified into North
America, Europe, Asia Pacific, and the Rest of the World.
Regional Analysis
The geographical evaluation of North America, Europe, Asia Pacific, and the Rest of the World
has been conducted. As per the analysis by MRFR, the European market dominates the global
ABC Market Size during the forecast period. The region witnessed a surge in automated border
control gates, which has propelled the market growth. Besides, the region consists of the
globally renowned key players, which enhances regional growth. According to the research, the
second position is attained by the North American region. The rising illegal immigration in the
region has demanded security against such activities, which has resulted in a surged demand
for border security. Besides, the increased adoption of technologically advanced solutions to
enhance border security is another factor that drives the regional market. Furthermore, there
has been an increasing emphasis on the automation of services in seaports and airports for the
optimum functioning of security measures.
On the other hand, the APAC region consists of the fastest-growing economies of the world,
i.e., India, Japan, and China, which contribute significantly to expanding the market. The rising
awareness of technically advanced solutions for strengthening security at airports is the major
factor driving the regional market. Besides, the increasing incorporation of biometric systems
on seaports and airports is another reason driving the market in the region. Moreover, the
rising government funding for the digital transformation of airports is fueling the market
expansion in the APAC region.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/automated-
border-control-market-4662
However, the outbreak of pandemic coronavirus has affected several regional markets. The
constant lockdown observed in several regions has changed the market dynamics.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of
various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports
(HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research &
Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and
intelligence services to our clients. Our market research studies by products, services,
technologies, applications, end users, and market players for global, regional, and country level
market segments, enable our clients to see more, know more, and do more, which help to
answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]
Comments