ANPR System Market Size & Analysis - Forecasts to 2026

As per the research conducted by GME, the ANPR System Market will grow with a CAGR value of 9.89 percent by 2026. The Automatic Number Plate Recognition (ANPR) system is rapidly turning into an essential segment for keeping up with the recent robust security requirement and efficiently manage the traffic. The adoption pace of ANPR systems in the security and surveillance and traffic authorization applications has expanded recently to check terrorist exercises, frauds, and criminal cases. Thus, increasing the demand for the ANPR system in the global market.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “ANPR System Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-anpr-system-market-3061

By Application (Traffic Management, Law Enforcement, Electronic Toll Collection, Parking Management, and Access Control), By Type (Fixed, Mobile, and Portable), By Component (Hardware, Software, and Service), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• The market leader in the application segment is traffic management because it enables the convergence of the ANPR network with automotive connectivity devices.
• Based on the type, the market for fixed systems is anticipated to be the market leader because of the rise in demand from traffic police/staff and defense forces.
• As per the component, the hardware segment ruled the market, owing to the sudden rise in the adoption rate of IoT.
• North America is projected to dominate the global ANPR system market because of the presence of various key players.
• Bosch Security Systems, Tagmaster, Neology, 6 Arh Inc., Vigilant Solutions, Genetec Inc., Kapsch TrafficCom AG, Siemens AG, Conduent, Inc., and Q-Free ASA are the top players in the ANPR system market.

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Application Outlook (Revenue, USD Billion, 2021-2026)
• Traffic Management
• Law Enforcement
• Electronic Toll Collection
• Parking Management
• Access Control
Type (Revenue, USD Billion, 2021-2026)
• Fixed
• Mobile
• Portable
Component (Revenue, USD Billion, 2021-2026)
• Hardware
• software
• service
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

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