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(EMAILWIRE.COM, November 20, 2018 ) According to the new market research report, the automated border control (ABC) market was valued at USD 456.5 Million in 2016 and is expected to reach USD 1,577.7 Million by 2023, at a CAGR of 17.45% between 2017 and 2023. The base year used for this study is 2016, and the forecast period is between 2017 and 2023.
DonÂ’t miss out on business opportunities in Automated Border Control Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=24899883
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 AustraliaÂ’s major airports and seaports every year, and the number of travelers at seaports is expected to double in the coming years.
Browse and in-depth TOC on "Automated Border Control Market"
88 - Tables
50 - Figures
164 - Pages
View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/automated-border-control-market-24899883.html
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.
Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=24899883
The ABC ecosystem comprises companies such as Gemalto (Netherlands), OT-Morpho (France), SITA (Switzerland), Indra Sistemas (Spain), secunet Security Networks (Germany), Vision-Box (Portugal), Gunnebo (Sweden), NEC Corporation (Japan), Accenture (Republic of Ireland), and Cross Match Technologies (US). It also includes the following key innovators: Arjo Systems (France), IER SAS (France), Cognitec Systems (Germany), and Securiport (US).
Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting
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 7500 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.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarketsÂ’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Website: http://www.marketsandmarkets.com/
MarketsandMarkets
Mr. Shelly Singh
1-888-600-6441
sales@marketsandmarkets.com 
Source: EmailWire.com
(EMAILWIRE.COM, November 20, 2018 ) According to the new market research report, the automated border control (ABC) market was valued at USD 456.5 Million in 2016 and is expected to reach USD 1,577.7 Million by 2023, at a CAGR of 17.45% between 2017 and 2023. The base year used for this study is 2016, and the forecast period is between 2017 and 2023.
DonÂ’t miss out on business opportunities in Automated Border Control Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=24899883
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 AustraliaÂ’s major airports and seaports every year, and the number of travelers at seaports is expected to double in the coming years.
Browse and in-depth TOC on "Automated Border Control Market"
88 - Tables
50 - Figures
164 - Pages
View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/automated-border-control-market-24899883.html
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.
Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=24899883
The ABC ecosystem comprises companies such as Gemalto (Netherlands), OT-Morpho (France), SITA (Switzerland), Indra Sistemas (Spain), secunet Security Networks (Germany), Vision-Box (Portugal), Gunnebo (Sweden), NEC Corporation (Japan), Accenture (Republic of Ireland), and Cross Match Technologies (US). It also includes the following key innovators: Arjo Systems (France), IER SAS (France), Cognitec Systems (Germany), and Securiport (US).
Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting
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 7500 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.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarketsÂ’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Website: http://www.marketsandmarkets.com/
MarketsandMarkets
Mr. Shelly Singh
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.com
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