Enjoy complimentary customisation on priority with our Enterprise License!
The e-gates market size is forecast to increase by USD 5.42 billion at a CAGR of 30.9% between 2023 and 2028.
The e-gates industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The market encompasses the deployment of automated border control systems, utilizing biometric technology for identity verification and passenger processing at airports, seaports, and land border crossings. The primary hardware components of e-gates include cameras for facial recognition, LED screens for traveler information, automatic gates, and scanners for iris and fingerprint identification. The hardware must be strong and reliable, capable of functioning in various weather conditions and ensuring security. The increasing prioritization of border security and immigration process efficiency drives the growth of the hardware segment In the market. Additionally, AI integration, smart airport technologies, and digital transformation are key trends shaping the industry. The market expansion is influenced by the travel industry's demand for enhanced passenger experience, contactless interactions, and regional and industry footprint.
Get a glance at the E-Gates Industry report of share of various segments Request Free Sample
The Hardware segment was valued at USD 717.40 million in 2018 and showed a gradual increase during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions, Request Free Sample
The European market is poised for substantial expansion due to escalating investments in border security infrastructure. Airports in Europe are prioritizing advanced security systems, with the Keflavik airport expansion project being a notable example, commencing in Q3 2021 and projected for completion by 2024. This investment trend is anticipated to fuel the demand for e-gates, contributing to the market's growth during the forecast period. Furthermore, the emphasis on bolstering border security and streamlining immigration processes is driving the adoption of e-gates in Europe. Governments are integrating biometric technology, such as facial recognition, iris scanning, and fingerprint recognition, into e-gates for automated border control and identity verification.
This digital transformation in border control enhances passenger experience and wait times while adhering to data protection regulations and infrastructure limitations. The market expansion encompasses airports, seaports, and land border crossings, offering an extensive regional and industry footprint.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Reduced airport operating expenses is the key driver of the market.
Growing demand for cost-efficient security solutions is the upcoming market trend.
The introduction of smart gates due to rising demand for advanced immigration procedures is a key challenge affecting the industry's growth.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, e-gates market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market encompasses the provision of automated border control solutions that utilize biometric technology for identity verification and passenger processing. These systems, also referred to as electronic gates or automated electronic systems, are designed to streamline the immigration process and enhance security measures at airports, seaports, and land border crossings. Biometric technology plays a pivotal role In the functionality of e-gates. Facial recognition, iris scanning, and fingerprint recognition are among the most commonly used biometric modalities. These technologies enable quick and accurate identification of travelers, reducing wait times and improving the overall passenger experience. E-gates are increasingly being adopted by both public and private entities to optimize border control processes and provide a more efficient and convenient travel experience for international travelers.
Furthermore, the digital transformation of the travel industry has led to a significant expansion of the market. Biometric authentication and RFID (radio-frequency identification) technology are increasingly being used for document authentication and data collecting, streamlining immigration procedures, and ensuring data protection regulations are adhered to. Despite the numerous benefits, the implementation of e-gates is not without challenges. Infrastructure limitations and public awareness campaigns are critical factors influencing the market dynamics. As the market continues to evolve, industry footprint and regional footprint will play a significant role in shaping the competitive landscape.
Moreover, hardware, software, installation, maintenance, training, and support services are essential components of the market. Biometric identification systems, facial recognition technology, iris scanning equipment, and fingerprint readers are among the key hardware components. Software solutions include biometric processing algorithms, data management systems, and AI-powered personalization tools. The market is expected to grow significantly In the coming years, driven by the increasing demand for contactless interactions, the need for improved security measures, and the desire to enhance the overall travel experience. The integration of AI and smart airport technologies is also expected to drive innovation and growth In the market.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
172 |
|
Base year |
2023 |
|
Historic period |
2018-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 30.9% |
|
Market Growth 2024-2028 |
USD 5.42 billion |
|
Market structure |
Fragmented |
|
YoY growth 2023-2024(%) |
22.7 |
|
Key countries |
US, Germany, China, France, and UK |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this e-gates market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
