The report offers an accurate forecast estimation of the Automatic Number Plate Recognition System market based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Automatic Number Plate Recognition System market.
The global Automatic Number Plate Recognition (ANPR) system market size is expected to reach USD 4,899.0 Million at a steady CAGR of 9.5% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing use of ANPR systems for security and surveillance purposes and applications. ANPR system is a mass surveillance system used to read automotive license plates.
