TechNavio's analysts forecast the Global Automatic Number Plate Recognition market to grow at a CAGR of 14.12 percent over the period 2013-2018. One of the key factors contributing to this market growth is growing demand for improved security. The Global Automatic Number Plate Recognition market has also been witnessing immense advancement in technology. However, the growing intrusion of privacy could pose a challenge to the growth of this market.
TechNavio's report, the Global Automatic Number Plate Recognition Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Automatic Number Plate Recognition market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are Q-Free ASA, ARH Inc., Vigilant Solutions Inc., NDI Recognitions Systems Ltd., and Elsag North America LLC
Other vendors mentioned in the report are 3M Co., CA Traffic Ltd., Captec Ltd., ClearView Communications, COBAN Technologies Inc., DTK Software, FLIR Systems, Gtechna Inc., HP Autonomy, Image Sensing Systems Inc., Parkare Group, Petards Group, Quercus Technologies SL, Siemens Technology and Services Pvt Ltd., Tattile srl, Bosch GmbH, Vysionics ITS Ltd., and Zhejiang Dahua Technology Co. Ltd.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?