Airports to Spend $2.2 Billion Globally to Deploy 18,000 Automated Border Control (ABC) eGates and Kiosks Between 2014 and 2018
Louisville, CO (PRWEB) March 05, 2014 -- Airports will spend more than $2.2 billion globally on Automated Border Control (ABC) eGates and kiosks between 2014 and 2018 in a market projected to grow at 19.5% CAGR, according to the latest research from Acuity Market Intelligence. “The Global Automated Border Control Industry Report: Airport eGates & Kiosks” forecasts that the total number of airport eGates with integrated biometrics that replace border agents at passport control desks will nearly triple from the current installed base of 1,117 to 3,238 by 2018. An additional 14,942 specialized ABC kiosks and boarding eGates that rely on biometrics to expedite immigration processing will also be deployed over the forecast period.
Europe will be the dominant region accounting for 43% of total airport ABC eGate and kiosk spending or $954 million over the forecast period. The European market will grow at 28% CAGR, exceeding global growth by 8.5 percent, while deploying more than 7,300 airport ABC eGates and kiosks. Asia is projected to be the second largest market for airport ABC eGates and kiosks accounting for 21.4% of global spending, while growing at a slightly lower CAGR of 24.5% and deploying 3,740 eGates and kiosks.
Airports in the Middle East and North America will each spend approximately $300 million on airport ABC eGates and kiosks from 2014 to 2018. Middle East spending spikes in 2014, then decreases in 2015 before climbing again in 2017, leaving overall CAGR in negative territory. North America experiences consistent year-on-year growth achieving a CAGR of 21% during the forecast period. The Middle East deploys a total of 2,101 airport ABC eGates and kiosks to North America’s nearly 4,000 during this time.
Africa and the Caribbean see significant growth reaching CAGR’s of 28% and 18%, though total spending remains low in these regions at $54 million and $50 million. Deployment levels are similarly low over the forecast period, reaching just 416 and 431 total airport ABC eGates and kiosks installed.
“Airports across the globe are struggling with a universal challenge; maintaining security vigilance while accommodating ever increasing numbers of international passengers,” said Acuity Principal, Maxine Most. “Airport operators and border control authorities are embracing ABC eGates and kiosks as a means to reduce congestion and immigration wait times while providing secure, fast, and user-friendly border crossings. This improves both the passenger experience and the bottom line.”
Comprehensive Airport ABC eGate and Kiosk market analysis and detailed unit and spending forecasts, globally and by region, are available in “The Global Automated Border Control Industry Report: Airport eGates and Kiosks”.
To order, preview, or get more information on "The Global Automated Border Control Industry Report: Airport eGates and Kiosks”, contact Acuity at +1 303 449 1897 or info(at)acuity-mi(dot)com, or visit http://www.acuity-mi.com/ABCair_Report.php.
About Acuity Market Intelligence
Acuity Market Intelligence (http://www.acuity-mi.com) is an emerging technology strategy and research consultancy with a proven record of accurately anticipating biometric and electronic identity (eID) market trends. Founded in 2001 to bring strategic market development expertise to the nascent biometrics market, Acuity consistently provides original, thought-provoking, accurate, and reliable biometric and eID industry insight and analysis. Acuity's data-driven approach means Clients have the critical market intelligence they need to create and implement successful market development strategies that produce quantifiable results. The company provides strategic planning, market research and analysis, sector tracking, opportunity sizing, solution, and deployment analysis, due diligence, executive briefings, and customized consulting. Founded in October 2001, Acuity is headquartered in Louisville, Colorado, USA with clients in the United States, Asia, and Europe.
For further information, please contact:
Acuity Market Intelligence
+1 303 449 1897
info(at)acuity-mi(dot)com
http://www.acuity-mi.com
C. Maxine Most, ACUITY MARKET INTELLIGENCE, http://www.acuity-mi.com, +1 (303) 449-1897, [email protected]
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