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The Business Research Company’s Automated Security E-Gate Global Market Report 2024 offers crucial insights into the automated security E-gate market help businesses analyse and build stronger strategies.

The automated security e-gate market has seen remarkable growth in recent years and is set to expand even further. With increasing security concerns and the need for efficient travel solutions, the market is poised for substantial advancements. This blog explores the market’s current state, future projections, and key drivers behind its growth.

Market Size and Growth Projections

Current Market Size and Growth Rate:

• The market grew from $1.03 billion in 2023 to $1.22 billion in 2024.
• This represents a compound annual growth rate (CAGR) of 17.7%.

Future Projections:

• By 2028, the market is expected to reach $2.36 billion.
• The growth rate is projected to be a robust CAGR of 18.0%.

Key Drivers of Historic Growth

Increased Security Concerns:

• Rising global security threats have heightened the demand for robust security solutions.
• Automated e-gates offer advanced security features, making them essential for modern infrastructure.

Seamless Travel Experience:

• Travelers demand quick and efficient passage through security checkpoints.
• Automated e-gates streamline the process, reducing wait times and enhancing the travel experience.

Government Initiatives for Border Control:

• Governments worldwide are implementing advanced security measures at borders.
• Automated e-gates help manage the increasing flow of international travelers efficiently.

Globalization and Trade Growth:

• Increased global trade and travel necessitate more secure and efficient border controls.
• Automated e-gates provide the necessary technology to handle higher volumes of traffic.

Operational Efficiency:

• Airports and border control agencies are under pressure to operate more efficiently.
• Automated e-gates reduce the need for manual checks, speeding up the process.

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Future Growth Drivers

Growing International Travel:

• International travel continues to rise, increasing the demand for automated security solutions.
• E-gates expedite the processing of large numbers of passengers.

Adoption of Biometric Technology:

• Biometric technology is becoming more prevalent in security solutions.
• Automated e-gates with biometric capabilities enhance security and speed up identity verification.

Advanced Border Security Solutions:

• The need for sophisticated border security solutions is driving market growth.
• E-gates are at the forefront of this technological advancement.

Investments in Airport Infrastructure:

• Significant investments are being made in modernizing airport infrastructure.
• Automated e-gates are a crucial component of these upgrades.

Regulatory Requirements:

• Stricter regulations for identity verification and border control are being implemented.
• E-gates ensure compliance with these stringent requirements.

Major Trends Shaping the Future

Integration of AI and ML:

• Artificial intelligence (AI) and machine learning (ML) are being integrated into e-gates for enhanced security.
• These technologies improve the accuracy and efficiency of security checks.

Expansion of Contactless Biometric Solutions:

• Contactless solutions are becoming more popular due to hygiene concerns.
• E-gates with contactless biometrics offer a safer and more convenient option.

Personalized Passenger Experience:

• Enhancing passenger experience through personalization is a growing trend.
• E-gates can tailor the security process to individual needs.

Adoption of Cloud-Based Solutions:

• Cloud-based solutions provide scalability and flexibility.
• E-gates utilizing cloud technology can be updated and managed more efficiently.

Sustainability and Green Initiatives:

• There is an increasing emphasis on sustainability in airport operations.
• E-gates designed with green initiatives help reduce environmental impact.

Air Travel Demand Fuels Market Growth

Air Travel Growth:

• Affordable air travel costs and advances in aviation technology are boosting air travel.
• E-gates enhance the efficiency of passenger screening processes.

Statistics on Air Travel:

• In 2022, the number of air passengers increased by 47% compared to 2021.
• Revenue passenger kilometers (RPKs) increased by approximately 70%.

Leading Companies in the Market

• Major players include Panasonic Holdings Corporation, 3M Company, NEC Corporation, Thales Group, and NXP Semiconductors N.V.
• These companies are at the forefront of developing advanced e-gate technologies.

Technological Advancements and Strategic Acquisitions

Multimodal Biometric Pods:

• Companies are developing multimodal biometric pods to enhance security.
• These pods integrate multiple biometric methods for efficient and secure processing.

Notable Acquisition:

• In February 2024, Amadeus IT Group SA acquired Vision-Box.
• This acquisition strengthens Amadeus’s biometric portfolio, enhancing its travel distribution system.

Market Segmentation

By Type:

• Hardware, Software

By Application:

• Automated E-Gates for Critical Infrastructure, Automated E-Gates for Border Control

By End-User:

• Airlines, Airports, Government, Air Navigation Service Providers, Other End-Users

Regional Insights

Europe:

• The largest market for automated security e-gates in 2023.

North America:

• Expected to be the fastest-growing region during the forecast period.

In conclusion, the automated security e-gate market is set for significant growth, driven by technological advancements, increasing air travel, and stringent security requirements. The integration of AI, expansion of biometric solutions, and strategic acquisitions by major companies will further propel the market forward.

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The Automated Security E-Gate Global Market Report 2024  provides a comprehensive outlook of the automated security E-gate market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automated security E-gate market forecast offers a thorough analysis on automated security E-gate market size, automated security E-gate market share, prominent players and their strategies.

The Table Of Content For The Automated Security E-Gate Market Include:
1. Automated Security E-Gate Market Executive Summary
2. Automated Security E-Gate Market Segments
3. Automated Security E-Gate Market Size And Automated Security E-Gate Market Growth Rate
4. Key Automated Security E-Gate Market Trends
5. Major Automated Security E-Gate Market Drivers
……
25. Key Mergers And Acquisitions In The Automated Security E-Gate Market
26. Top Automated Security E-Gate Companies
27. Automated Security E-Gate Market Opportunities And Strategies
28. Automated Security E-Gate Market, Conclusions And Recommendations
29. Appendix

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