The Global Automated Border Control Market accounted for $547.46 million in 2016 and is expected to reach $1,568.74 million by 2023 growing at a CAGR of 16.2% during the forecast period

NEW YORK, Nov. 2, 2017 /PRNewswire/ -- According to Stratistics MRC, the Global Automated Border Control Market accounted for $547.46 million in 2016 and is expected to reach $1,568.74 million by 2023 growing at a CAGR of 16.2% during the forecast period. The major drivers for the growth of the ABC market are increasing security concerns, improved traveller convenience in the border crossing process, and growing need for automation across all port amenities. Factors such as the dearth of standardization and huge capital requirement for infrastructure projects are hampering the market. The threat of identity theft acts as a major challenge for the automated border control market.

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Border management is an area of focus, with increase in demand for automated border control gates and kiosks creating a major market for change. Among the most recent trends is the increasing usage of kiosks at the border, a move which is proving itself in the sector through smoother and sooner passenger flow, lesser frustrations and more efficiency. At present, thousands of kiosks provide services in airports across the globe and airports persist to invest in them.

The market in APAC is expected to grow at a faster pace owing to growing security concerns and rising passenger travel and tourism activities in the APAC region. An innovative Automated Border Control system has recently been inaugurated at Copenhagen Airport. Vision-Box developed and deployed a unique solution that allows passengers, departing to or arriving from outside the Schengen Area, to clear immigration in the same hall using a unique bank of self-service biometric eGates.

Some of the key players in the market include Accenture, Arjo Systems, Cognitec Systems, Cross Match Technologies, Gemalto, Gunnebo, IER SAS, Indra Sistemas, NEC Corporation, OT-Morpho, Secunet Security Networks, Securiport, Sita and Vision-Box.

Applications Covered:
• Land Ports
• Airports
• Seaports

Components Covered:
• Software
• Services
• Hardware

Solution Types Covered:
• ABC Kiosks
• ABC E-Gates

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Read the full report: https://www.reportlinker.com/p05169970

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