Automatic Number Plate Recognition (ANPR) Market Size, Scope, and Share by 2025
Automatic Number Plate Recognition (ANPR) Market: Strategic Insights
Automatic Number Plate Recognition (ANPR) Market
-
CAGR (2017 - 2025)12.0% -
Market Size 2017
US$ 669.17 Million -
Market Size 2025
US$ 1,654.35 Million
Market Dynamics
GROWTH DRIVERS
- Need for automated traffic enforcement
- Urbanization and smart cities
FUTURE TRENDS
- Integration of ANPR systems in smart cities
- Expansion of automated law enforcement
OPPORTUNITIES
- Opportunities in smart city infrastructure
- Demand for traffic monitoring solutions
Key Players
- 3m Company
- ARH Inc
- COBAN Technologies Inc
- Digital Recognition Systems Ltd
- Genetec Inc
- Jenoptik AG
- Q Free ASA
- Siemens AG
- Tattile S R L
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Application
- Vehicle Parking
- Traffic Management
- Security & Surveillance and Toll Enforcement
System Type
- Mobile
- Portable ANPR
- Fixed ANPR
End-Use Industry
- Government and Commercial