Global E-Gates Market higher growth at a CAGR of close to 19% by 2022
14-dec-2018 Rapid surge in market is credited to increasing demand for automated verification and validation of customers or passengers. Increasing use of e-gates at airports during arrival and departure terminals is expected to foster the growth of market over the forecast period. Globally, market is predicted to generate massive revenue over next seven years, providing numerous opportunities for industry participants to invest in research and development of e-gates market. E-gates offer advanced security, thus avoiding potential risks such as unauthorized break-ins. In addition, growing concerns regarding terrorist activities and increasing incidences of burglary are expected to drive market demand over the forecast period. Failure of manual checking to prevent authorized access due to human errors, has led to increasing adoption of e-gates in commercial as well as domestic sector. Increasing adoption of e-gates at railways & airports limits possibility of long waiting qu...