Malaysia Automated Border Control Market, By Component (USD Million)

Year HARDWARE SOFTWARE SERVICES
2018 $ 7.18 $ 2.41 $ 1.09
2019 $ 8.08 $ 2.77 $ 1.21
2020 $ 8.81 $ 3.09 $ 1.29
2021 $ 9.93 $ 3.56 $ 1.42
2022 $ 11.27 $ 4.13 $ 1.58
2023 $ 12.84 $ 4.82 $ 1.76
2024 $ 14.69 $ 5.63 $ 1.97
2025 $ 16.9 $ 6.62 $ 2.21
2026 $ 19.56 $ 7.82 $ 2.5
2027 $ 22.77 $ 9.3 $ 2.84
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Malaysia Automated Border Control Market, By Component (USD Million)

Synopsis
The above chart is Malaysia Automated Border Control Market, By Component (USD Million)

Market Dynamics

malaysia has emerged as one of the leading countries in southeast asia that has adopted automated border control technologies to streamline and enhance its border security. the malaysia automated border control (abc) market has gained significant traction in recent years, owing to the increasing need for secure and efficient border control processes. the abc systems are designed to facilitate faster and more secure processing of passengers, by automating the immigration clearance process. the abc market in malaysia is primarily driven by the need to address the growing number of international travelers passing through its borders. according to the department of statistics malaysia, the number of international tourists to malaysia reached 26.1 million in 2018, a 3.4% increase from the previous year. this surge in international travelers has put pressure on the existing border control processes, making the adoption of automated solutions a necessity. the component segment of the malaysia abc market can be broadly categorized into hardware, software, and services. the hardware segment is expected to dominate the market, as it includes various devices such as e-gates, kiosks, and biometric systems that are essential for the functioning of automated border control systems. these devices are equipped with advanced technologies, such as facial recognition and e-passport readers, which enable secure and efficient processing of passengers. the software segment of the malaysia abc market is also expected to witness significant growth in the coming years. this can be attributed to the increasing demand for software solutions that can integrate with the hardware components and provide a seamless and efficient experience for both travelers and immigration authorities. software solutions, such as passenger authentication and e-gate control software, are vital for the functioning of automated border control systems. the services segment of the malaysia abc market is also expected to experience growth in the coming years. this can be attributed to the rising demand for maintenance, support, and training services to ensure the smooth functioning of automated border control systems. service providers play a crucial role in ensuring that these systems are updated and well-maintained to provide a hassle-free experience for passengers. in conclusion, the malaysia automated border control market is poised for significant growth in the coming years, driven by the increasing number of international travelers and the need for secure and efficient border control processes. the hardware, software, and services segments are expected to witness considerable growth, further driving the overall growth of the market.

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