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Market for ABC e-gate expected to grow at higher CAGR between 2017 and 2023

Automated Border Control Market by Solution Type (ABC e-Gate and ABC Kiosk), Component (Hardware, Software, and Services (Installation and Maintenance)), Application (Airport, Land Port, and Seaport), and Geography - Global Forecast to 2023<br>

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Market for ABC e-gate expected to grow at higher CAGR between 2017 and 2023

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  1. MarketsandMarkets Presents Automated Border Control Market worth USD 1,577.7 Million by 2023 According to the new market research report "Automated Border Control Market by Solution Type (ABC e-Gate and ABC Kiosk), Component (Hardware, Software, and Services (Installation and Maintenance)), Application (Airport, Land Port, and Seaport), and Geography - Global Forecast to 2023", the automated border control (ABC) market is expected to be worth USD 1,577.7 Million by 2023, growing at a CAGR of 17.45% between 2017 and 2023.

  2. Market for ABC e-gate expected to grow at higher CAGR between 2017 and 2023 The market for e-gate is expected to grow at a higher CAGR between 2017 and 2023. e-gate installation has helped border crossing authorities process large number of passengers and has enhanced security. Passenger traffic is more at airports than at land ports and seaports. ABC market for seaport application expected to grow at highest CAGR between 2017 and 2023 The ABC market for seaport application is expected to grow at the highest CAGR between 2017 and 2023. This growth can be attributed to strengthened border integrity and increased passenger traffic at seaports globally. As per the Australian Government Department of Immigration and Border Protection, more than 35 million passengers travel through Australia’s major airports and seaports every year, and the number of travelers at seaports is expected to double in the coming years. Download Free Sample pages of the Report : http://www.marketsandmarkets.com/requestsample.asp?id=24899883

  3. ABC market for software component expected to grow at highest CAGR between 2017 and 2023 Software component in the ABC ensures efficiency and performance of biometric and document recognition database algorithms, along with risk assessment for travelers. The higher growth rate of the software component in the ABC market is owing to the increasing need for automation service to optimize efficiency at airports, land ports, and seaports. Currently, Europe leads ABC market in terms of market size Europe is currently leading the ABC market and is projected to be in a leading position for the next few years owing to the high adoption of ABC. The growth of the ABC market in Europe is because of high government funding and support, the presence of leading players, and strong technical base. The major driving factor for the market growth in Europe is the presence of prominent vendors of ABC OT-Morpho (France), secunet Security Networks (Germany), IndraSistemas (Spain), Arjo Systems (France), IER SAS (France), and Cognitec Systems (Germany), among others.

  4. Report Details:http://www.marketsandmarkets.com/Market-Reports/automated-border-control-market-24899883.html About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Contact:Mr. RohanMarketsandMarkets701 Pike Street Suite 2175, Seattle, WA 98101, United States USA : 1-888-600-6441Email: sales@marketsandmarkets.com

  5. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

  6. Contact Us Contact:Mr. RohanMarkets and Markets UNIT no 802, Tower no. 7, SEZMagarpatta city, HadapsarPune, Maharashtra 411013, India1-888-600-6441Email: sales@marketsandmarkets.com

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