Automated Border Control Market Forecasts to 2028 – Global Analysis By Type ((ABC) E-Gate, (ABC) Kiosk), Component (Hardware, Software), Application (Airport, Seaport) and By Geography

Automated Border Control Market Forecasts to 2028 – Global Analysis By Type ((ABC) E-Gate, (ABC) Kiosk), Component (Hardware, Software), Application (Airport, Seaport) and By Geography

According to Stratistics MRC, the Global Automated Border Control Market is accounted for $1053.06 million in 2021 and is expected to reach $3643.21 million by 2028 growing at a CAGR of 19.4% during the forecast period. Automated border control is a barrier that initiates processing as soon as the traveller enters and assures that the passenger is the rightful holder of the document. It uses the data stored in the chip in the biometric passport to verify the user’s identity that involves different verifications that include fingerprint, biometric, face and iris recognition, or a combination of any of the above.

Market Dynamics:

Driver:

Rising Number of Travelers

With the increase in air traveling and the number of passengers, airports have to handle a lot of passengers at a time. The increase in air travel is a result of factors like an increase in the number of people traveling abroad for higher education and career opportunities, decrease in the cost of air travel, increase in the mobility of people, and rising wealth of HNWI (high-net-worth individual) individuals is one of the factors driving the market growth.

Restraint:

Lack of Trained People

The underdeveloped or developing areas do not have efficient manpower of skilled labor to operate technologies like this. The e-Gates and cabins used to maintain border security require a group of trained people who can handle the security infrastructure in case of failure in passport scanning, biometric algorithms, problems during scanning of documents, database processing, or any other technical issue. Technical skills are also required to maintain data security and prevent intruders from hacking the database.

Opportunity:

Emergence of Multimodal Biometrics

Multimodal biometrics features a combination of two or more biometric technologies for verification. Multimodal biometrics provides more accuracy because it identifies an individual using two or more biometric technologies for authentication. These biometric systems are accurate, reliable, and secure, which is why they are widely adopted for border control. Some multimodal biometrics is available with both fingerprint and finger vein recognition technology in a single device. It is observed that fingerprint and facial recognition are the leading biometric technologies used in regions. While fingerprint recognition is preferred in the US, the Middle East prefers iris recognition. The airports planning the installation of e-gates should consider the geographic diversity of citizens, and the e-gates may need to be multimodal to provide the necessary flexibility and support a range of biometric options.

Threat:

Identity Theft

The occurrence of cases of identity theft is the factor that could affect the growth of the market. Identity (ID) theft happens when someone steals your personal information to commit fraud. The identity thief may use your information to apply for credit, file taxes, or get medical services. These acts can damage credit status, and cost, time and money to restore your good name.

Automated Border Control (ABC) E-Gate segment is expected to be the largest during the forecast period

The increasing demand for automation, as well as increased passenger traffic, can be attributable to growth of segment. Although, an anticipated downside to the scenario can be the large capital required to build the infrastructure automated border control system. Automated border control systems (ABC) or eGates are automated self-service barriers which use data stored in a chip in biometric passports along with a photo or fingerprint taken at the time of entering the eGates to verify the passport holder's identity.

The Hardware segment is expected to have the highest CAGR during the forecast period

Hardware component holds the highest share of the market owing to the increasing need for biometric verification technology in the border control process. Moreover, biometric verification is the most accurate and authenticated validation technology suggested by transport authorities globally.

Region with highest share:

The Asia Pacific is projected to hold the highest market share, due to government support for installation of it to improve security at airports and land ports in countries in this province is a key factor fuelling growth of the target market. The market's expansion can be linked to China's and India's increased investments in airport infrastructure. China's government is putting a greater emphasis on airport security by requiring a high level of passport verification to confirm travel papers. The government of India, on the other hand, is driving the market growth by carefully enforcing the background check process for registered tourists.

Region with highest CAGR:

Europe is projected to have the highest CAGR, owing to the presence of prominent players, coupled with government funding for automated border control are major factors driving the growth of the target market in this province. The major reason behind the growth of the market in this region is that most of the automation companies are based in Europe and possess a strong technical base in the region. Moreover, the European Union's focus on improving the automated border control e-gates further drives the market's growth. Most of the busiest airports in Europe are already equipped with automated border control gates. Moreover, the rising number of mergers and acquisitions in the region drives the growth of the market. For instance, In January 2020, FacePhi, a software company based in Spain, acquired Ecertic, a Spanish document recognition specialist, to improve its digital onboarding services. The latter’s technology is compliant with the latest EIDAS regulations in Europe.

Key players in the market:

Some of the key players profiled in the Automated Border Control Market include Thales Group Accenture PLC, SITA, Indra Sistemas, S.A. , Secunet Security Networks AG , IDEMIA , Vision-Box , Gunnebo AB , NEC Corporation, Cross Match Technologies, Inc.

Key developments:

In January 2020: In France, Idemia and Sopra Steria signed a agreement to provide a new biometric border control system. To improve border control operations, the Idemia firm provided a standard border control system underpinned by biometric technologies.

In May 2020: NEC corporation announced that it has completed the development of a biometric authentication terminal, which can provide high levels of authentication accuracy and convenience for users within a wide range of environments. This new solution also incorporates a face recognition system that increases the efficiency of the system and offers a cost-effective solution to its customers.

In April 2018: Thales Group announced that it inaugurated its new office in India. The establishment of the new office enabled the company to strengthen its supply chain network and expand its customer base in the Indian market.

Types Covered:
Automated Border Control (ABC) E-Gate
Automated Border Control (ABC) Kiosk

Components Covered:
Hardware
Software
Services

Applications Covered:
Airport
Equipment Tracking
Facility Management
Funding Management
Land Port/Land Borders
Mandate Compliance
Seaport
Tool Tracking
Warehouse Management

End Users Covered:
Banking, Financial Services and Insurance (BFSI)
Chemical
Education
Energy & Utilities
Government
Healthcare
Hospitality
Information Technology (IT) & Telecom
Manufacturing
Oil & Gas
Retail
Transportation and Logistics

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

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025 and 2028
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances