(EMAILWIRE.COM, February 21, 2019 ) One of the major reasons for high adoption of ANPR are increasing concern regarding public safety. Increasing crime activities have made it necessary for the law enforcement to choose a better method for surveillance and security and therefore ANPR technology is used to traffic and monitor any illegal activity and determine the convict. Also, ANPR technology also provides advanced analytical application, which widens the range of surveillance technologies. Furthermore, increasing use of ANPR technologies at toll-booths for a smoother traffic flow will also drive the market for ANPR in the coming years.

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The key players influencing the market 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

This report contains:

Market sizing for the global Automatic Number Plate Recognition (ANPR) Market.
Compare major Automatic Number Plate Recognition (ANPR) providers strategies and approaches to the challenges they face
Analysis of the effects deglobalisation trends may have for Automatic Number Plate Recognition (ANPR) providers
Profiles of major Automatic Number Plate Recognition (ANPR) providers
5-year CAGR forecasts for Automatic Number Plate Recognition (ANPR) -intensive vertical sectors

The ANPR market is further segmented on the basis of application, system type and end-user, across five major geographical regions. The different applications of ANPR that are covered in this report include Vehicle Parking, Traffic Management, Security & Surveillance and Toll Enforcement.

The types of systems of ANPR have been broadly categorized into following three categories as Mobile, Portable ANPR, and Fixed ANPR systems. The end-users using these technology for various uses are Government and Commercial. Five major geographical regions considered within the scope of this market are North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM).

The sales of ANPR is largely influenced by numerous factors. Amongst the factors, application markets influence their sales. Vehicle Parking, Traffic Management, Security & Surveillance and Toll Enforcement are the applications for ANPR. These applications are expected to have a large impact on the growth of Automatic Number Plate Recognition (ANPR) Market.

Potentially, security & surveillance and traffic management present larger opportunities as compared to other applications due to increasing traffic and increasing crime related activities.
Law enforcement agencies need a better technology for better traffic management and detecting the verdict in the cases of crimes. Thus, these two sectors present bundle of opportunities for the ANPR vendor’s growth.

Automatic Number Plate Recognition (ANPR) Market by end-user vertical is segmented into Government and Commercial. Government agencies and private companies have been looking for a better solution for providing better surveillance & security and management and reduce human effort for the same.

Thus, a progress in the direction of better security and management is expected to drive the ANPR market.

The overall Automatic Number Plate Recognition (ANPR) Market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Automatic Number Plate Recognition (ANPR) Market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Automatic Number Plate Recognition (ANPR) Market.

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