Immigration Control System Market - Regional Analysis
European Market Forecast
Europe industry is set to dominate majority revenue share of 33% by 2035. This can be credited to the increase in incidents of document fraud and identity theft, and the rising threat of cybercrime in the region. There were more than 41,000 data breaches across Europe between mid-2018 and early 2019. On average, about 175,000 incidents of identity fraud occur every year in the United Kingdom. In order to address these challenges, there were modifications of International Governmental Regulations as a result of the emergence of new technologies that are gradually being adopted throughout this area which will stimulate market expansion in Europe. In addition, high emphasis on border management by governments and border agencies are also anticipated to impel Europe's market growth in the coming years.
APAC Market Statistics
The immigration control system market in the Asia Pacific region is set to grow significantly by the end of 2035. The growth can be attributed on the back of the growing air traffic, coupled with escalating focus on tourist activities in the region. Furthermore, immigration control system is becoming highly sophisticated and are incorporating new technologies such as artificial intelligence, biometrics, and big data. These technologies furthermore are aiding to enhance the accuracy and efficiency of immigration control system in the region. Besides, growing number of airports and travel activities taking place in this region are also contributing in the market growth further.
