Automated border control eGate market predictions
21 February, 2014
category: Biometrics, Government
Acuity Market Intelligence reports that rapidly evolving Automated Border Control eGate and kiosk market will generate more than $1.2 billion dollars in annual revenue by 2020.
The total number of eGates deployed as automated replacements for border control stations is projected to exceed 6,000 by 2020. An additional 33,000 specialized immigration self-service kiosks and eGates will be deployed at check-in, baggage drop, arrival halls, and boarding gates at airports, land borders, and seaports worldwide.
Europe will be the largest market for eGates and kiosks generating more than $2 billion in revenues and representing a 47% total revenue market share from 2014 to 2020. Asia will follow with nearly $1 billion in revenues and a 22.5% revenue market share over the forecast period.
Airports will be the dominant sector in the eGate and kiosk marketplace representing 95% of installed units and 93% of revenues in 2014. By 2020, airports cede ground to land borders and seaports but remain the clear market sector leader with more than 80% annual revenue and unit market share.