Automated Border Control Market Size

Automated Border Control Market Analysis

The Automated Border Control Market size is estimated at USD 2.03 billion in 2024, and is expected to reach USD 4.31 billion by 2029, growing at a CAGR of 16.20% during the forecast period (2024-2029).

Rising country threats and terrorist attacks have diverted the government's attempts in numerous regions toward improving the implementation of public-safety technology, which is expected to drive market growth over the coming years.

• Over the past few years, a rapidly increasing demand for border crossing was witnessed, where the need to speed up the clearance process at the Border Crossing Points (BCP) has been significant. The Automated Border Control (ABC) gates, or the e-Gates, can verify the traveler's identities crossing the borders by exploiting their biometric traits without constant human intervention.
• A prominent element driving the expansion of the worldwide automated border control business is the increasing implementation of automation-based technologies in airports, land ports, and seaports due to increased security concerns. Furthermore, an automated border control system makes traveling people's lives easier. It also saves time and removes the possibility of human mistakes.
• Increasing global trade has boosted the number of corporate travelers worldwide. For instance, according to the Global Business Travel Association (GBTA), worldwide business travel expenditure is predicted to increase in 2022, with a complete recovery anticipated in 2024, bringing the year to a close on par with the pre-pandemic spending of USD 1.4 trillion in 2019. Thus, it is expected to increase the demand for border security technologies, which will contribute to market growth over the coming years.
• Strong government legislation that avoids COVID-19 has compelled port operators, airport management, and others to employ touch-free safety technologies. Furthermore, due to significant government backing and the need to limit the pandemic's transmission, certain airport officials aim to introduce border security protocols in the coming years, which is expected to create lucrative opportunities for market growth over the forecast period.
• Automated border control systems need large expenditures to provide the necessary infrastructure. These technologies are created by combining different equipment and technology parts, including passport readers, biometric identity devices like facial and retina imagers, applications for documentation verification with recorded databases, and bespoke check applications. Each piece of hardware and technology is quite costly on its own. Hence the combined system has a high initial investment.