The global automated border control (ABC) market is estimated to grow at a CAGR of nearly 17.0% during the forecast period. There is a considerable rise in the demand for ABC systems such as e-gate and kiosks owing to the increasing demand for air travelling and automation in transportation infrastructure. As a result, the market players are focusing on expanding their revenue generation from ABC systems. A large number of market players are focusing on mergers and acquisitions to gain a significant market share. For instance, in May 2020, Leidos, Inc. acquired Security Detection and Automation businesses of L3Harris Technologies’, for nearly $1 billion.
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The acquired businesses of L3Harris offers automated tray return systems, critical infrastructure and airport screening products, and other industrial automation products. After the acquisition, these businesses will operate in the Leidos Civil Group. Incorporated with the current cargo and baggage screening product series, the company is focusing on the global automation and security detection footprint of over 24,000 systems installed in over 120 countries. The company will continue to serve global customers associated with the transportation, government, aviation, and critical infrastructure markets. This acquisition enhances the Leidos scope for securing borders and ports, leveraging movement of passengers in airports, and strengthening infrastructure for public venues and national security.
Further, in October 2019, Atos SE acquired IDnomic, a provider of digital identity management infrastructure solutions in Europe. This acquisition will enable to further strengthen the Atos position in cybersecurity and increases its offering in the area of public key infrastructure (PKI) and digital identity management solutions. IDnomic's PKI technology is used in everyday uses for protection of digital identities of people, connected objects, and machines. Its Software as a Service (SaaS) trust solutions complement cybersecurity product offerings of Atos’ in particular management of security certificates, identity and access management, data protection, and IoT security solutions.
In February 2019, Thales Group acquired Gemalto, a provider of digital identity and security solutions. Through Gemalto, Thales aims to cover the overall critical decision chain in a digital world, ranging from data generation through sensors, to real-time decision support. This deal will enable Thales to offer an unparalleled portfolio of digital security and identity solutions that are based on technologies including cybersecurity, data protection, and biometry. With the combination of Gemalto talent and technologies, the company will develop secure solutions that will support to address the key challenges associated with airport security, unmanned air traffic management, financial transaction security, or data and network cybersecurity. The acquisitions will support the companies to develop ABC solutions for more accurate verification and identification. This, in turn, will offer an opportunity for the global ABC market.
Global ABC Market- Segmentation
By Type
By Application
Global ABC Market– Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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