Global Automatic Number Plate Recognition market is expected to grow from US$ 669.17 Mn in 2017 to US$ 1,654.35 Mn by 2025 at a CAGR of 12.0% between 2017 and 2025. The Automatic Number Plate Recognition Market is expected to exhibit high growth in near future across the globe, some of the major driving factors contributing the growth are rising acceptance of smart parking concept in developed as well as developing countries and infrastructure growth in emerging countries. However, development of shared platform for exchange of data from distinct sources and technological advancements some of future trends of automatic number plate recognition market during the forecast period. This research report will give you deep insights about the Automatic Number Plate Recognition (ANPR) Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 140 pages. All our reports are usually purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, etc. and help them in understanding about the market trends and analysis, competition, industry landscape, market size, market revenue, forecast, COVID-19 impact analysis, SWOT analysis, etc. Internet of things (IoT) plays a crucial role in the deployments and demands for Li-Fi technology in this region. The majority of the world’s largest technology companies have favored in the high economic growth which drives the Automatic Number Plate Recognition (ANPR) Market in the region.
Top Listed Players in this Report are:
1. 3m Company
2. ARH, Inc.
3. COBAN Technologies, Inc.
4. Digital Recognition Systems, Ltd.
5. Genetec, Inc.
6. Jenoptik AG
7. Q-Free ASA
8. Siemens AG
9. Tattile S.R.L
10. Vigilant Solutions
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The state-of-the-art research on Automatic Number Plate Recognition (ANPR) Market, which is a detailed analysis of business space inclusive of the current market trends, competitive background, and size of the market. Encircling one or more parameters among analysis of the product, application potential, and global and regional growth strategies.
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Global Automatic Number Plate Recognition – Market Segmentation
By Application
Vehicle Parking
Traffic Management
Security & Surveillance
Toll Enforcement
By System Type
Mobile
Portable ANPR
Fixed ANPR
By End-user
Government
Commercial
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