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Summary of Findings
- Technology Benefits such as Accuracy in Real Time Identification of Vehicles Drive Demand for ANPR Systems
- Expanding Use in Electronic Toll Collection and Parking Management Bring In New Opportunities for Market Growth
- Escalating Crime Rates Drive Demand for ANPR in Mass Surveillance Systems and Monitoring of Transportation Systems
- Growing Use of ANPR Systems for Tracing Uninsured Vehicles and Vehicles with Default Tax Payments to Benefit Technology Growth
- Continuous Technology Developments and Expanding Customer Base for Cloud Based ANPR Solutions Offer Bright Prospects for Demand Growth
Timeline for Analysis
- Market Estimates and Forecasts for 2016-2024
- Historic Review 2011-2015
Geographic Markets Analyzed
- US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), China, South Korea and Rest of World
Market Segmentation & Classification
- Toll & Parking, Law Enforcement, and Journey Time
- ACCEO Gtechna
- ARH, Inc.
- Bosch Security Systems
- CAME Parkare
- Captec Ltd.
How Can You Benefit?
This research project broadly covers analysis of all market trends, drivers, challenges and other macro market scenarios you need to know to improve your strategic planning and remain informed and competitive. The study also provides reliable ready facts and exclusive statistical data insights in addition to expert and highly accurate market size forecasts and projections to help you identify new markets and opportunities for revenue growth and sustainability. The extensive reportage of industry, company and product news and stories together with coverage of all major and niche players provided in the report helps you build a 360 degree perspective on your markets and gain unsurpassed insights needed to devise plans and strategies to maximize business growth.