TechNavio today launched its report Global Automatic Number Plate Recognition Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said; ”The Global Automatic Number Plate Recognition (ANPR) market is witnessing an emerging trend where many vendors are developing cloud-based ANPR solutions to meet the demands of end-users. This increases the adoption of these solutions among cost-sensitive end-users such as hotels, apartments, and gated communities.”
According to the report, the Government sector is one of the major-end user segments in the Global ANPR market. Several government agencies across the world are increasing their investment in ANPR technology to enhance their national infrastructure.
Further, the report also discusses that one of the main challenges in the market is the non-uniformity of number plates across several countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/eUk4J
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Report – Global Automatic Number Plate Recognition Market 2011-2015
