Global Automated Border Control Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2030
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The Global Automated Border Control Market was valued at $873.56 million in 2020 and is projected to reach $1,715.02 million by 2028, growing at a CAGR of 8.8% during the forecast period (2021-2028). The market is driven by the growing need for security measures at border checkpoints, rising air passenger traffic, and increasing government initiatives for the adoption of automated border control systems.
Growth Factors
The adoption of automated border control systems is increasing rapidly due to various factors such as enhanced security, improved passenger experience, and faster processing times. These systems have replaced traditional manual passport checks, reducing wait times and improving the overall airport experience for travelers. The rise in international travel, coupled with the growing threat of terrorism, has also led to increased demand for automated border control systems.
Challenges
While the adoption of automated border control systems has numerous benefits, it also poses certain challenges. These systems require a significant amount of investment and maintenance, which can be a challenge for smaller airports or countries with limited resources. Furthermore, there is a lack of standardization across different automated border control systems, making it difficult to integrate them seamlessly into existing airport infrastructure.
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Opportunities
Despite the challenges, the Global Automated Border Control Market presents numerous opportunities for growth. The development of biometric technology, such as facial recognition and iris scanning, has revolutionized the industry, making it easier and more secure to process passengers. Additionally, the increasing use of mobile devices and the internet of things (IoT) has led to the development of innovative solutions for automated border control.
New Product Launches
The research study includes profiles of leading companies operating in the Global Automated Border Control Market:
Vision-Box, Sita, Secunet AG, OT-Morpho, Gemalto, NEC, Assa Abloy, Indra Sistemas, Accenture, Gunnebo Group, Securiport, Rockwell Collins, Veridos GmbH, DERMALOG, M2SYS, IER SAS, Cognitec Systems
The study report offers a comprehensive analysis of Global Automated Border Control Market size across the globe as regional and country-level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background, and sales analysis of the?payers.?Along with that, the report explains the major challenges and risks to face in the forecast period. Global Automated Border Control Market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Global Automated Border Control Market will be able to gain the upper hand as they use the report as a powerful resource.
This report also covers Analysis based on SWOT Analysis, providing the Strengths, Weaknesses, Opportunities, and Threats for a better understanding of the market. Also, the Porter Five Forces Model for the Global Automated Border Control Market will be provided.
Global Automated Border Control Market by Type
Global Automated Border Control Market by Application
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Regional Analysis Covered in this report:
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Table of Contents:
1. Introduction of the Global Automated Border Control Market
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2. Executive Summary
3. Research Methodology of Verified Market Reports
4. Global Automated Border Control Market Outlook
5. Global Automated Border Control Market, By Product
6. Global Automated Border Control Market, By Application
7. Global Automated Border Control Market, By Geography
8. Global Automated Border Control Market Competitive Landscape
9. Company Profiles
10. Appendix?
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