Automatic Number Plate Recognition (ANPR) System Market Analysis, Key Company Profiles, Types, Applications and Forecast to 2028
The global Automatic Number Plate Recognition (ANPR) system market is expected to reach USD 4,899.0 Million in 2028, and register a CAGR of 9.5% during the forecast period. Rising focus on smart city development is a significant factor driving Automatic Number Plate Recognition system market revenue growth. Reducing traffic congestion and decreasing on-road risks to commuters and pedestrians through provision of real-time traffic information to transport departments as well as commuters is inherent to the idea behind the development of...
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