Global Automatic Number Plate Recognition Market: Growing Demand from Government Sector to Boost Market Expansion at 12.8% CAGR
According to a new market report published by Transparency Market Research "Automatic Number Plate Recognition (ANPR) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023,"the global automatic number plate recognition market is forecast to reach US$1.4 bn by 2023. The key factors driving the growth of this market include increased adoption in traffic enforcement and surveillance applications and increasing trend of ANPR integration with other systems such as CCTV cameras. However, factors such as non-uniformity...
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