Automated Border Control Market is Projected to Grow at a CAGR of 16.5% from 2024-30| MarkNtel Advisors

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The Global Automated Border Control Market size is estimated to grow at a CAGR of around 16.5% during the forecast period, i.e., 2024-30.

Overview of the Global Automated Border Control Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “Global Automated Border Control Market By Offering (Hardware (Document Authentication System (DAS)), (Biometric Verification System (BVS) (Face Recognition, Fingerprint Recognition, IRIS Recognition, Palm & Vein Recognition), (Software, Services, (Installation Maintenance, Consultancy), By Solution Type (Automated Border Control (ABC) Kiosk, Automated Border Control (ABC) e-Gate), By Application (Airport, Land Borders, Sea Port), The Global Automated Border Control Market size is estimated to grow at a CAGR of around 16.5% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

Global Automated Border Control Market Growth and Scope:

Base Year: 2023

Forecast Period: 2024-30

Historical Data: 2019-22

CAGR (2024-30): 16.5%

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Global Automated Border Control Market Driver:

Geopolitical Concerns & Safety Imperatives to Drive Adoption of Automated Border Control Systems – Automated border control systems have increasingly become a preference over traditional manual verification methods, especially at key points like airports, seaports, and land borders. This preference is primarily driven by the precision & efficiency that automated systems offer in the verification process, effectively countering illegal migration & related activities. Even developed nations like the US and the UK have grappled with significant challenges related to illegal migration, particularly at airports & seaports.

Furthermore, recent geopolitical events, such as the Russia-Ukraine conflict, have amplified concerns about the potential rise in unlawful activities. This concern is compounded by the higher volume of passengers moving through neighboring countries. Consequently, the adoption of automated border control systems has become crucial to ensuring both the safety & efficient management of borders, as well as airports & seaports. This underscores the growing recognition of these technologies as essential tools and is driving the continued expansion of the Automated Border Control Market.

A Comprehensive Analysis of Leading Companies of Automated Border Control Market by MarkNtel Advisors:

Securiport LLC
Veridos GmbH
Cognitec Systems GmbH
HID Global Corporation
Gunnebo Entrance Control Ltd.
Thales Group
Accenture PLC
Atos SE
Magnetic Autocontrol GmbH
IDEMIA
Collins Aerospace
Indra Sistemas S.A.
Secunet Security Networks AG
Vision Box
NEC Corporation
Others

Key Automated Border Control Market Segmentation:

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/automated-border-control-market.html

-By Offering

Hardware
Software
Services

Hardware holds the largest share of the Automated Border Control Market, primarily due to the growing demand for biometric verification technology in border control processes.

-By Application

Airport
Land Borders
Sea Port
Funding Management
Facility Management
Warehouse Management
Equipment Tracking
Others (Tool tracking, Mandate Compliance, etc.)

The Airport segment accounts for the potential share of the Automated Border Control Market. The increased need for automated border control systems in airport environments is primarily a result of the significant growth in the global number of travelers.

-By Solution Type

Automated Border Control (ABC) Kiosk- Market Size & Forecast 2019-2030, USD Million
Automated Border Control (ABC) e-Gate- Market Size & Forecast 2019-2030, USD Million

Geographical Analysis

-By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

The European region currently stands as the dominant force in the Global Automated Border Control Market in terms of revenue, and this trend is expected to persist in the forecasted period.

Key Reports Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

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