The Automated border control provides an efficient solution for the airport system as it is that system which starts the procedure as the passenger come in and make sure that the tourist who is carrying the document is the correct holder of that particular document. The solution consists of various developed technologies of e-gate like the facial imagination or monitoring and border control software. Since, these solutions let the travelers to cross the gate automatically, therefore they decrease the border crossing duration and also decrease the possibility of the human errors. Furthermore, the players of this market are playing an important role while developing the technology of facial recognition which can easily detect the fraud with the greater accuracy and develop the efficiency which safeguards the interest of the traveler. This also proved to be effective for dominating the highest market share across the globe in the near future more positively.
According to the report analysis, ‘Automated Border Control Solutions Market Size study, by Type (ABC E-gate, ABC Kiosk), by Solution (Airport, Land Port, Seaport) and Regional Forecasts 2018-2025’ states that there are several key players which are recently functioning in this sector more actively for registering the effective market growth while attaining the highest market share around the globe more positively with the more effective technological advancements and which further increase the demand and generating the high amount of revenue includes Vision-Box, Sita, Secunet Security Networks, OT-Morpho, Gemalto, NEC Corporation, Indra Sistemas, Accenture and several others. In addition, the few focused players of this market are benefitted with the joint ventures, mergers and acquisition whereas, many are adopting the effective strategies and policies for knowing the market growth opportunities, growth drivers, restraints, challenges and several other aspects which are having impact on the growth of this market.
Although, the global market of automated border control solutions is sectored into different segments which majorly includes type and region. Whereas, based on the type, the market is further divided into ABC E-gate and ABC Kiosk meanwhile, on the basis of region, the market is spread across the globe which includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Region such as Asia-Pacific, Middle-East and Africa, growth in the utilization of passenger vehicles set the growth in Automated Border Control Solutions over the forecasted period of 2018-2025. Asia-Pacific is expected to control an effective share of the Automated Border Control Solutions market. Underdeveloped countries, such as India and China, are effective players booming up the requirement for the Automated Border Control Solutions. Europe, North America and the Middle East and Africa are uninterruptedly witnessing infrastructural growth which driving the demand of Automated Border Control Solutions over the coming years. Asia Pacific region is underwriting towards the growth of global Automated Border Control Solutions and expected to revelation higher growth rate / CAGR over the forecast period of 2018-2025.
Additionally, the Automated Border Control Solutions valued around USD 647.7 million in 2017 is expected to grow with a healthy growth rate of more than 15.80% over the forecast period of 2018-2025. Increasing awareness about security concerns and improvement in the convenience of travelers are prominent the factors fueling the growth in the Global Automated Border Control Market. Therefore, in the near future, it is expected that the market of automated border control solutions will increase around the globe more positively over the forecasted period.
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Ankur Gupta, Head Marketing & Communications