Press Release

Automatic Number Plate Recognition (ANPR) Market Growth, Analysis and Forecast 2017 – 2025 Key Players: 3m Company, ARH, COBAN Technologies, Digital Recognition Systems, Genetec

The 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.

Worldwide Automatic Number Plate Recognition (ANPR) Market Analysis to 2025 is a specialized and in-depth study of the Automatic Number Plate Recognition (ANPR) industry with a focus on the global market trend. The report aims to provide an overview of global Automatic Number Plate Recognition (ANPR) market with detailed market segmentation by product/application and geography. The global Automatic Number Plate Recognition (ANPR) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Automatic Number Plate Recognition (ANPR) players and offers key trends and opportunities in the market.

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Company Profiles

  • 3m Company
  • ARH, Inc.
  • COBAN Technologies, Inc.
  • Digital Recognition Systems, Ltd.
  • Genetec, Inc.
  • Jenoptik AG
  • Q-Free ASA
  • Siemens AG
  • Tattile S.R.L
  • Vigilant Solutions

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automatic Number Plate Recognition (ANPR) market based on type, application and vertical. It also provides market size and forecast till 2025 for overall Automatic Number Plate Recognition (ANPR) market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Automatic Number Plate Recognition (ANPR) Market in these regions.

The objectives of this report are as follows:

-To provide overview of the global Automatic Number Plate Recognition (ANPR) market

-To analyze and forecast the global Automatic Number Plate Recognition (ANPR) market on the basis of type and product based

-To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend

-To provide exhaustive PEST analysis for all five regions

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The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting Automatic Number Plate Recognition (ANPR) Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

Reason to Buy

– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automatic Number Plate Recognition (ANPR) Market

– Highlights key business priorities in order to assist companies to realign their business strategies.

– The key findings and recommendations highlight crucial progressive industry trends in the Automatic Number Plate Recognition (ANPR) Market, thereby allowing players to develop effective long term strategies.

– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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