Automatic Number Plate Recognition (ANPR) System Market: A Breakdown of the Industry by Technology, Application, and Geography
The study further explores and provides an in-depth analysis of current Automatic Number Plate Recognition (ANPR) System market dynamics and recent trends, focusing on various key factors and potential growth opportunities and risks. The report focuses on leading regions and their major countries to anticipate market growth in the forecast years. The global Automatic Number Plate Recognition (ANPR) system market size is expected to reach USD 4,899.0 Million at a steady CAGR of 9.5% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing use of ANPR systems for security and surveillance purposes and applications. ANPR system is a mass surveillance system used to read automotive license plates. ANPR technology finds application in the detection, prevention, and disruption of crime at local, provincial, and national levels. In addition, ANPR system is deployed by law enforcement agencies to provide proof and lines...