The Europe Automated Border Control Market Growth at a rate of 19.7% in the forecast period 2022 to 2029

 

Market research reports help business or organizations in every sphere of trade to make better decisions, to respond to the toughest business questions and reduce the risk of failure. In the world class Europe Automated Border Control Market market report, data collection modules with large sample sizes are used to collect data and perform base year analysis. The market research data included in this report is analyzed and forecasted using market statistical and coherent models. Market definition, market segmentation, competitive analysis, and research methodology are the major topics covered in the comprehensive Europe Automated Border Control Market report.

 

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Market Analysis and Insights - Europe Automated Border Control Market

 

The Europe automated border control market is expected to witness market growth at a rate of 19.7% in the forecast period of 2021 to 2028. Data Bridge Market Research report on Europe automated border control market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the security concerns is escalating the growth of Europe automated border control market.

 

The automated border control (ABC) systems also referred as e-gate are the solutions to the security at border crossing as it initiates processing as soon as the traveler enters. It basically use the data stored in biometric chip which tracks the facial, iris, fingerprint recognition modalities and assures that the passenger is the rightful holder of the document, controls the immigration at failure of identity mismatch and enhancement in passenger’s travel and to raise the security boundaries at border control, detects frauds with greater risk with the help of electronic microprocessors and collects personal information of an individual such as address, gender, nationality, name, birth date and photograph among others.

 

Major factors that are expected to boost the growth of the Europe automated border control market in the forecast period are the  increasing adoption of advanced technologies such as facial recognition, IOT, AI, biometric identification system. Furthermore, the growing number of international airports, growing security concerns along with maintaining enhanced passenger travelling experience coupled with ongoing technological advancements and new product launches by the key vendors operating in the market are further anticipated to propel the growth of the Europe automated border control market.  Moreover, the increasing adoption of smart and automated systems by commercial enterprises is estimated to cushion the growth of the Europe automated border control market. On the other hand, high initial cost and requirement of high capital for automated border control is further projected to impede the growth of the Europe automated border control market in the timeline period.

 

In addition, the investments made by the governments for developing robust security infrastructure at air, land and sea ports will further provide potential opportunities for the growth of the Europe automated border control market in the coming years. However, the lack of standardization might further challenge the growth of the Europe automated border control market in the near future.

 

Key Players Europe Automated Border Control Market

 

The major players covered in the Europe automated border control market report are secunet Security Networks AG, IER, Thales Group, IDEMIA, DERMALOG Identification Systems GmbH, SITA, Cognitec Systems GmbH, Securiport, Veridos GmbH, HID Global Corporation, NEC Corporation, indracompany, Accenture, Gunnebo AB, Vision Box, Collins Aerospace, Aware, Inc., Vancouver Airport Authority, Atos SE among other domestic and Europe players. Market share data is available for Asia-Pacific, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 

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Europe Automated Border Control Market Size

 

The Europe automated border control market is segmented on the basis of type, component, application and end users. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

 

  • On the basis of type, the Europe automated border control market has been segmented into ABC e-gates and ABC kiosks.

  • On the basis of component, the Europe automated border control market is segmented into hardware, software and services. Hardware further segmented into document authentication system (DAS) and biometric verification system (BVS) and others (signature scanner and baggage scanner). Biometric verification systems are further classified into face recognition, fingerprint recognition, IRIS recognition and other (palm print and vein). Services are further divided into installation and maintenance.

  • On the basis of application, the market is segmented into airport, landport and seaport.

  • On the basis of end users, the Europe automated border control market is segmented into government representatives, technical developers, research firms and its enablers.

 

Europe Automated Border Control Market Country Level Analysis

 

The Europe automated border control market is analyzed and market size, volume information is provided by type, component, application and end users as referenced above.

 

The countries covered in the Europe automated border control market report are Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe.

 

The country section of the Europe automated border control market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

 

Europe Automated Border Control Market Share Analysis

 

The Europe automated border control market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe's automated border control market.

 

Europe Automated Border Control Market Report Answers the Following Questions:

 

  • How much revenue will the Europe Automated Border Control Market generate by the end of the forecast period?

  • Which market segment is expected to have the maximum market share?

  • What are the influencing factors and their impact on the Europe Automated Border Control Market?

  • Which regions are currently contributing the maximum share of the overall Europe Automated Border Control Market?

  • What indicators are likely to stimulate the Europe Automated Border Control Market?

  • What are the main strategies of the major players in the Europe Automated Border Control Market to expand their geographic presence?



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