DUBLIN–(BUSINESS WIRE)–The “Automated Border Control – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Automated Border Control Market to Reach $2.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Automated Border Control estimated at US$849.2 Million in the year 2020, is projected to reach a revised size of US$2.6 Billion by 2027, growing at a CAGR of 17% over the analysis period 2020-2027.
Hardware, one of the segments analyzed in the report, is projected to record a 16.1% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 18.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $251.3 Million, While China is Forecast to Grow at 16.4% CAGR
The Automated Border Control market in the U.S. is estimated at US$251.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$443 Million by the year 2027 trailing a CAGR of 16.4% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.1% and 14.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR.
Services Segment to Record 16.8% CAGR
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 16.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$181.2 Million in the year 2020 will reach a projected size of US$529.8 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$309.4 Million by the year 2027.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights World Market Trajectories Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS (Total 37 Featured):
Accenture Arjo Systems Cognitec Systems Cross Match Technologies Gemalto Gunnebo IER SAS Indra Sistemas NEC Corporation OT-Morpho 3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Automated Border Control by Geographic Region – Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR World Historic Review for Automated Border Control by Geographic Region – Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR World 15-Year Perspective for Automated Border Control by Geographic Region – Percentage Breakdown of Value Sales for Years 2012, 2020 & 2027 World 15-Year Perspective for Hardware by Geographic Region – Percentage Breakdown of Value Sales for Years 2012, 2020 & 2027 World 15-Year Perspective for Software by Geographic Region – Percentage Breakdown of Value Sales for Years 2012, 2020 & 2027 World 15-Year Perspective for Services by Geographic Region – Percentage Breakdown of Value Sales for Years 2012, 2020 & 2027 World 15-Year Perspective for ABC e-gate by Geographic Region – Percentage Breakdown of Value Sales for Years 2012, 2020 & 2027 World 15-Year Perspective for ABC kiosk by Geographic Region – Percentage Breakdown of Value Sales for Years 2012, 2020 & 2027 World 15-Year Perspective for Airport by Geographic Region – Percentage Breakdown of Value Sales for Years 2012, 2020 & 2027 World 15-Year Perspective for Land Port by Geographic Region – Percentage Breakdown of Value Sales for Years 2012, 2020 & 2027 World 15-Year Perspective for Seaport by Geographic Region – Percentage Breakdown of Value Sales for Years 2012, 2020 & 2027 III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 37 For more information about this report visit https://www.researchandmarkets.com/r/3mny3x