Technavio has been monitoring the automated security e-gate market and it is poised to grow by $ 1.63 bn during 2020-2024, decelerating at a CAGR of over 20% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Automated Security E-gate Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
What are the major trends in the market?
Integrated approach to airport security is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 25.53% and the incremental growth of the market is anticipated to be $ 1.63 billion.
Who are the top players in the market?
Atos SE, Gunnebo AB, HID Global Corp., IDEMIA France SAS, Josanti Infoimaging Ltd., NEC Corp., OSI Systems Inc., SITA, Thales Group, and VISION BOX – SOLUÇÕES DE VISÃO POR COMPUTADOR SA, are some of the major market participants.
What are the key market drivers and challenges?
The developments in biometric technology is one of the major factors driving the market.
How big is the Europe market?
The Europe region will contribute 36% of the market share.
The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Atos SE, Gunnebo AB, HID Global Corp., IDEMIA France SAS, Josanti Infoimaging Ltd., NEC Corp., OSI Systems Inc., SITA, Thales Group, and VISION BOX – SOLUÇÕES DE VISÃO POR COMPUTADOR SA are some of the major market participants. The developments in biometric technology will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Automated Security E-gate Market 2020-2024: Segmentation
Automated Security E-gate Market is segmented as below:
- Critical Infrastructure Protection
- Border Control
- North America
- South America
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Automated Security E-gate Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automated security e-gate market report covers the following areas:
- Automated Security E-gate Market Size
- Automated Security E-gate Market Trends
- Automated Security E-gate Market Industry Analysis
This study identifies the integrated approach to airport security as one of the prime reasons driving the automated security E-gate market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Automated Security E-gate Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automated security e-gate market growth during the next five years
- Estimation of the automated security e-gate market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automated security e-gate market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automated security e-gate market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Critical infrastructure protection – Market size and forecast 2019-2024
- Border control – Market size and forecast 2019-2024
- Market opportunity by Application
- Geographic segmentation
- Geographic comparison
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Atos SE
- Gunnebo AB
- HID Global Corp.
- IDEMIA France SAS
- Josanti Infoimaging Ltd.
- NEC Corp.
- OSI Systems Inc.
- Thales Group
- VISION BOX – SOLUÇÕES DE VISÃO POR COMPUTADOR SA
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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