Automated Border Control (ABC) Market

Automated Border Control (ABC) Market is expected to reach 2273 Million by 2026 from 536.5 Million in 2017 at CAGR of 17.4% (Detailed analysis of the market CAGR is provided in the report). Automated Border Control Market (ABC) is an immigration control system proposed to satisfy the future border control needs of airports resulting from the rapid growth in the number of passengers worldwide. Automated Border Control Market (ABC) can verify the identity of passengers crossing the borders at border crossing points, airports without the need for human intervention.ABC using different modalities, such as face, fingerprint, or iris recognition in order to handle the problems caused by growth in number of passengers worldwide Need of Automated Border Control (ABC) system • In order to tackle rising security concerns, enhanced traveler convenience in the border crossing process. • To fulfill the growing need for automation across all port amenities. • To make Passenger processing process more efficient, which achieves higher passenger processing rates and achieve decisive advantage in the face of international competition • To reduce time of travelers in possession of an electronic ID document with comparison to previous system Automated Border Control Market system is making border crossings smooth and rapid for travelers without compromising security on airports. Rising need for automation across all port facilities and enhanced traveler convenience in border crossing process are trending the overall Automated Border Control market. However, lack of standardization and large capital requirement for infrastructure projects will restrain the market growth. Highest revenue generating region is North America 2017; However, APAC is going to emerge as one of the higher growth region in forecast period. Growing security concerns and rising passenger travel and tourism activities will drive the Automated Border Control market in APAC region Key Highlights: • Assessment of Automated Border Control Market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints and challenges for this market during the forecast period • Complete quantitative analysis of the industry from 2017 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities • In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain • Automated Border Control Market analysis and comprehensive segmentation with respect to the solution type, component, application and geography to assist in strategic business planning • Automated Border Control market analysis and forecast for five major geographies North America, Europe, Asia pacific, Middle East & Africa, Latin America and their key regions Years that have been considered for the study are as follows: • Base Year – 2017 • Estimated Year – 2018 • Forecast Period – 2018 to 2026 For company profiles, 2017 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years priors to it have been considered Research Methodology Research methodology used in this report contains various secondary sources including directories such as International Civil Aviation Organization (ICAO), International Air Transport Association (IATA), National Institute of Standards and Technology (NIST), European Border and Coast Guard Agency, Ministry of the interior, Institute of Electrical and Electronics Engineers (IEEE). Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Automated Border Control market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this Automated Border Control Market . Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Automated Border Control Market globally.

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