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Global Digital Smart Borders Growth Opportunities

Global Digital Smart Borders Growth Opportunities

  • February 2022
  • 119 pages
  • ID: 6241770
  • Format: PDF
  • Frost & Sullivan


Table of Contents

The COVID-19 pandemic has hit the travel industry hard, with a total collapse of international travel.In 2020 and 2021, airline passenger numbers decreased by 60%, causing massive job and cumulative revenue losses of about $498 billion.

The last 2 years have demonstrated that the world will likely continue to grapple with some form of the COVID-19 virus for at least the next couple of years. Since the new Omicron variant is already raising concerns globally about travel, the travel sector must prepare to stay ahead of the curve. The pandemic has had an equal impact on all 3 types of ports of entry: land ports, airports, and seaports. It has forced ports of entry operators to rethink their business continuity strategies and seek additional revenue streams to mitigate the risks of similar unexpected events in the future. As such, the focus on cargo and non-aeronautical revenues is gradually increasing, while technology investment has taken the front seat to address the need for contactless and safe travel.A touchless passenger journey is critical to guarantee passengers’ safety and well-being. By implementing touchless automated technologies, passengers can comfortably speed through airport processes, from check-in to boarding, without having to interact with other people. As the travel industry is directly dependent on passenger confidence, port-of-entry operators will prioritize the provision of a self-service, contactless passenger experience and ensure compliance with safety regulations to reduce COIVD-19 infection risk among passengers and employees.In this study, Frost & Sullivan intends to provide insights about digital smart borders and their benefit for different ports of entry (land, air and sea) as well as the key technologies, trends, programs, and threats for global security leaders, businesses, and governments. It illustrates how markets and business models are evolving and discusses potential growth opportunities for OEMs. The study period is 2020–2030 with forecasts offered for 2021–2030.This global study delivers detailed analysis of 7 regions: Europe, North America, Latin America, Africa, the Middle East, Central Asia, and Asia-Pacific.Key questions are answered for each region:What are the main projects in the region?Who are the suppliers for those projects?What are the main regulations?What are the main observations and findings that will lay the foundation for future growth opportunities?

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