Global Automatic License Plate Recognition Market Report 2024

Automatic License Plate Recognition Global Market Report 2024 –  By Product (Mobile, Fixed, Portable), By Application ( Traffic Management, Law Enforcement, Electronic Toll Collection, Parking Management, Other Applications), By End-User (Government, Commercial) – Market Size, Trends, And Global Forecast 2024-2033

Automatic License Plate Recognition Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Automatic License Plate Recognition Market Definition And Segments

Automatic number plate recognition (ANPR) refers to a technology that uses optical character recognition (OCR) to automatically detect, read, and interpret license plates on vehicles by automatically converting text in an image into a machine-readable format. It captures images of license plates, extracts the alphanumeric characters, and transforms them into text data that can be used for various applications such as law enforcement, parking management, toll collection, and traffic monitoring.

The main products of automatic licenses plate recognition are mobile, fixed, and portable. Mobile automatic license plate recognition systems refer to systems designed for flexibility and ease of use. The various applications involved are traffic management, law enforcement, electronic toll collection, parking management, and others for government and commercial end users.

The automatic license plate recognition market covered in this report is segmented –

1) By Product: Mobile, Fixed, Portable

2) By Application: Traffic Management, Law Enforcement, Electronic Toll Collection, Parking Management, Other Applications

3) By End-User: Government, Commercial

The automatic license plate recognition market size has grown rapidly in recent years. It will grow from $7.09 billion in 2023 to $8.00 billion in 2024 at a compound annual growth rate (CAGR) of 12.8%. The growth in the historic period can be attributed to integration with toll collection, parking management needs, traffic management challenges, vehicle theft prevention, security concerns, law enforcement needs.

The automatic license plate recognition market size is expected to see grown rapidly in the next few years. It will grow to $13.16 billion in 2028 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to growing investments in infrastructure, regulatory mandates for vehicle identification, focus on traffic congestion management, emergence of 5G networks, rising demand for vehicle tracking and recovery. Major trends in the forecast period include expansion in commercial applications, collaboration with automotive industry, focus on ai and machine learning, adoption of cloud-based, integration with IoT and smart city solutions.

Driving Forces Behind The Growth Of The Automatic License Plate Recognition Market In Traffic Management

The rising demand for traffic management is expected to propel the growth of the automatic license plate recognition market going forward. Traffic management refers to planning, controlling, and purchasing transport services needed to move vehicles and freight physically. The increase in demand for traffic management is fueled by the need to address traffic congestion, enhance mobility, and promote safer transportation networks. Automatic license plate recognition systems are crucial in traffic monitoring and enforcement, as they automatically capture and recognize license plate numbers. The combination of advanced traffic management solutions and automatic license plate recognition technology holds great promise for enhancing road safety and reducing the number of road fatalities. For instance, in June 2023, according to the Americas Traffic Safety Crisis Report published by National Transportation Research (TRIP), a US-based non-profit organization, the number of road fatalities in the United States climbed by 19% from 36,096 in 2020 to 42,795 in 2022. Further, the fatality rate per 100 million vehicle miles traveled in the US increased by 22%, from 1.11 in 2021 to 1.35 in 2022. Therefore, the rising concern for traffic management is driving the growth of the automatic license plate recognition market.

Major companies operating in the automatic license plate recognition market are Siemens AG, Neology Inc., Motorola Solutions, Axis Communications, Verint Systems Inc., ParkingEye Limited, Vivotek, Genetec Technology, Kapsch TrafficCom, Bosch Security Systems, Euro Car Parks Limited (UK), GeoVision Inc., Senstar Technologies, TagMaster AB, Tattile S.r.l., NDI Recognition Systems, Quercus Technologies, Petards Group Plc, Shenzhen AnShiBao, Digital Recognition Systems Ltd., PlateSmart Technologies, Sighthound, Rekor Rank One Computing, NEXCOM, Flock Safety

Technological Advancements In Automatic License Plate Recognition

Major companies operating in the automatic license plate recognition market are focused on developing high-resolution cameras, such as Autovu Sharp V ALPR (automatic license plate recognition) cameras, to boost revenue in the market. Autovu Sharp V ALPR cameras are high-resolution cameras with a high pixel count that allows for creating images with significant clarity and detail. For instance, in August 2021, Genetec Inc., a Canada-based software development company, launched the next generation of Autovu Sharp V ALPR (automatic license plate recognition) cameras. The next generation features motorized lenses for simple deployment and incorporates 4G, LTE, and GPS, providing a future-proof fixed solution. SharpV's machine learning-based ALPR and vehicle analytics on the edge, along with its built-in illuminators, global shutter, and high-resolution sensors, ensure high performance in a variety of conditions to provide clear, accurate images day or night and across multiple lanes, minimizing the need for multiple devices and lowering the total cost of ownership.

MOBOTIX Acquisition Of Vaxtor Group For Advancing AI And ALPR Technologies In Video Solutions

In May 2022, MOBOTIX, a Germany-based information technology and services company, acquired Vaxtor Group for an undisclosed amount. With this acquisition, MOBOTIX aims to expand its operations by integrating Vaxtor's expertise in artificial intelligence (AI) and deep learning technologies, particularly optical character recognition (OCR) and automatic license plate recognition (ALPR), and establishing itself as a premium solution supplier using AI and video technologies. Vaxtor Group is a Spain-based software company that develops high-performance optical character recognition (OCR), automated license plate recognition (ALPR) solutions, and other technologies.

North America was the largest region in the automatic license plate recognition market in 2023. The regions covered in the automatic license plate recognition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the automatic license plate recognition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automatic license plate recognition market consists of revenues earned by entities providing services such as vehicle identification and tracking, traffic monitoring and management, Parking Management and electronic toll collection system. The market value includes the value of related goods sold by the service provider or included within the service offering. The automatic license plate recognition market also includes of sales of high-resolution digital cameras, illumination systems, hard disk drives, and ethernet switches, routers, and network cables. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The automatic licenses plate recognition market research report is one of a series of new reports from The Business Research Company that provides automatic licenses plate recognition market statistics, including automatic licenses plate recognition industry global market size, regional shares, competitors with automatic licenses plate recognition market share, detailed automatic licenses plate recognition market segments, market trends, and opportunities, and any further data you may need to thrive in the automatic licenses plate recognition industry. These automatic licenses plate recognition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Automatic License Plate Recognition Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $8.00 billion
Revenue Forecast In 2033 $13.16 billion
Growth Rate CAGR of 13.2% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product: Mobile, Fixed, Portable
2) By Application: Traffic Management, Law Enforcement, Electronic Toll Collection, Parking Management, Other Applications
3) By End-User: Government, Commercial
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Siemens AG; Neology Inc; Motorola Solutions; Axis Communications; Verint Systems Inc; ParkingEye Limited; Vivotek; Genetec Technology; Kapsch TrafficCom; Bosch Security Systems; Euro Car Parks Limited (UK); GeoVision Inc; Senstar Technologies; TagMaster AB; Tattile S.r.l; NDI Recognition Systems; Quercus Technologies; Petards Group Plc; Shenzhen AnShiBao; Digital Recognition Systems Ltd; PlateSmart Technologies; Sighthound; Rekor Rank One Computing; NEXCOM; Flock Safety
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Automatic License Plate Recognition Market Characteristics

    3. Automatic License Plate Recognition Market Trends And Strategies

    4. Automatic License Plate Recognition Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Automatic License Plate Recognition Market Size and Growth

    5.1. Global Automatic License Plate Recognition Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Automatic License Plate Recognition Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Automatic License Plate Recognition Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Automatic License Plate Recognition Market Segmentation

    6.1. Global Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Mobile

    Fixed

    Portable

    6.2. Global Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Traffic Management

    Law Enforcement

    Electronic Toll Collection

    Parking Management

    Other Applications

    6.3. Global Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Government

    Commercial

    7. Automatic License Plate Recognition Market Regional And Country Analysis

    7.1. Global Automatic License Plate Recognition Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Automatic License Plate Recognition Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Automatic License Plate Recognition Market

    8.1. Asia-Pacific Automatic License Plate Recognition Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Automatic License Plate Recognition Market

    9.1. China Automatic License Plate Recognition Market Overview

    9.2. China Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Automatic License Plate Recognition Market

    10.1. India Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Automatic License Plate Recognition Market

    11.1. Japan Automatic License Plate Recognition Market Overview

    11.2. Japan Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Automatic License Plate Recognition Market

    12.1. Australia Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Automatic License Plate Recognition Market

    13.1. Indonesia Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Automatic License Plate Recognition Market

    14.1. South Korea Automatic License Plate Recognition Market Overview

    14.2. South Korea Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Automatic License Plate Recognition Market

    15.1. Western Europe Automatic License Plate Recognition Market Overview

    15.2. Western Europe Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Automatic License Plate Recognition Market

    16.1. UK Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Automatic License Plate Recognition Market

    17.1. Germany Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Automatic License Plate Recognition Market

    18.1. France Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Automatic License Plate Recognition Market

    19.1. Italy Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Automatic License Plate Recognition Market

    20.1. Spain Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Automatic License Plate Recognition Market

    21.1. Eastern Europe Automatic License Plate Recognition Market Overview

    21.2. Eastern Europe Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Automatic License Plate Recognition Market

    22.1. Russia Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Automatic License Plate Recognition Market

    23.1. North America Automatic License Plate Recognition Market Overview

    23.2. North America Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Automatic License Plate Recognition Market

    24.1. USA Automatic License Plate Recognition Market Overview

    24.2. USA Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Automatic License Plate Recognition Market

    25.1. Canada Automatic License Plate Recognition Market Overview

    25.2. Canada Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Automatic License Plate Recognition Market

    26.1. South America Automatic License Plate Recognition Market Overview

    26.2. South America Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Automatic License Plate Recognition Market

    27.1. Brazil Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Automatic License Plate Recognition Market

    28.1. Middle East Automatic License Plate Recognition Market Overview

    28.2. Middle East Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Automatic License Plate Recognition Market

    29.1. Africa Automatic License Plate Recognition Market Overview

    29.2. Africa Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Automatic License Plate Recognition Market Competitive Landscape And Company Profiles

    30.1. Automatic License Plate Recognition Market Competitive Landscape

    30.2. Automatic License Plate Recognition Market Company Profiles

    30.2.1. Siemens AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Neology Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Motorola Solutions

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Axis Communications

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Verint Systems Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Automatic License Plate Recognition Market Other Major And Innovative Companies

    31.1. ParkingEye Limited

    31.2. Vivotek

    31.3. Genetec Technology

    31.4. Kapsch TrafficCom

    31.5. Bosch Security Systems

    31.6. Euro Car Parks Limited (UK)

    31.7. GeoVision Inc.

    31.8. Senstar Technologies

    31.9. TagMaster AB

    31.10. Tattile S.r.l.

    31.11. NDI Recognition Systems

    31.12. Quercus Technologies

    31.13. Petards Group Plc

    31.14. Shenzhen AnShiBao

    31.15. Digital Recognition Systems Ltd.

    32. Global Automatic License Plate Recognition Market Competitive Benchmarking

    33. Global Automatic License Plate Recognition Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Automatic License Plate Recognition Market

    35. Automatic License Plate Recognition Market Future Outlook and Potential Analysis

    35.1 Automatic License Plate Recognition Market In 2028 - Countries Offering Most New Opportunities

    35.2 Automatic License Plate Recognition Market In 2028 - Segments Offering Most New Opportunities

    35.3 Automatic License Plate Recognition Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Automatic License Plate Recognition Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Automatic License Plate Recognition Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Siemens AG Financial Performance
  • Table 75: Neology Inc. Financial Performance
  • Table 76: Motorola Solutions Financial Performance
  • Table 77: Axis Communications Financial Performance
  • Table 78: Verint Systems Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Automatic License Plate Recognition Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Automatic License Plate Recognition Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Automatic License Plate Recognition Market, Segmentation  By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Automatic License Plate Recognition Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Automatic License Plate Recognition Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Siemens AG Financial Performance
  • Figure 75: Neology Inc. Financial Performance
  • Figure 76: Motorola Solutions Financial Performance
  • Figure 77: Axis Communications Financial Performance
  • Figure 78: Verint Systems Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the automatic license plate recognition market?

Automatic number plate recognition (ANPR) refers to a technology that uses optical character recognition (OCR) to automatically detect, read, and interpret license plates on vehicles by automatically converting text in an image into a machine-readable format. It captures images of license plates, extracts the alphanumeric characters, and transforms them into text data that can be used for various applications such as law enforcement, parking management, toll collection, and traffic monitoring. For further insights on the automatic license plate recognition market, request a sample here

How will the automatic license plate recognition market drivers and restraints affect the automatic license plate recognition market dynamics? What forces will shape the automatic license plate recognition industry going forward?

The automatic license plate recognition market major growth driver - Driving Forces Behind The Growth Of The Automatic License Plate Recognition Market In Traffic Management. For further insights on the automatic license plate recognition market, request a sample here

What is the forecast market size or the forecast market value of the automatic license plate recognition market?

The automatic license plate recognition market size has grown rapidly in recent years. It will grow from $7.09 billion in 2023 to $8.00 billion in 2024 at a compound annual growth rate (CAGR) of 12.8%. The growth in the historic period can be attributed to integration with toll collection, parking management needs, traffic management challenges, vehicle theft prevention, security concerns, law enforcement needs. The automatic license plate recognition market size is expected to see grown rapidly in the next few years. It will grow to $13.16 billion in 2028 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to growing investments in infrastructure, regulatory mandates for vehicle identification, focus on traffic congestion management, emergence of 5G networks, rising demand for vehicle tracking and recovery. Major trends in the forecast period include expansion in commercial applications, collaboration with automotive industry, focus on ai and machine learning, adoption of cloud-based, integration with IoT and smart city solutions. For further insights on the automatic license plate recognition market, request a sample here

How is the automatic license plate recognition market segmented?

The automatic license plate recognition market is segmented
1) By Product: Mobile, Fixed, Portable
2) By Application: Traffic Management, Law Enforcement, Electronic Toll Collection, Parking Management, Other Applications
3) By End-User: Government, CommercialFor further insights on the automatic license plate recognition market, request a sample here

Which region has the largest share of the automatic license plate recognition market? What are the other regions covered in the report?

North America was the largest region in the automatic license plate recognition market in 2023. The regions covered in the automatic license plate recognition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the automatic license plate recognition market, request a sample here.

Who are the major players in the automatic license plate recognition market?

Major companies operating in the automatic license plate recognition market are Siemens AG, Neology Inc., Motorola Solutions, Axis Communications, Verint Systems Inc., ParkingEye Limited, Vivotek, Genetec Technology, Kapsch TrafficCom, Bosch Security Systems, Euro Car Parks Limited (UK), GeoVision Inc., Senstar Technologies, TagMaster AB, Tattile S.r.l., NDI Recognition Systems, Quercus Technologies, Petards Group Plc, Shenzhen AnShiBao, Digital Recognition Systems Ltd., PlateSmart Technologies, Sighthound, Rekor Rank One Computing, NEXCOM, Flock Safety For further insights on the automatic license plate recognition market, request a sample here.

What are the key trends in the automatic license plate recognition market?

Major trend in the automatic license plate recognition market - Technological Advancements In Automatic License Plate Recognition. For further insights on the automatic license plate recognition market, request a sample here.

What are the major opportunities in the automatic license plate recognition market? What are the strategies for the automatic license plate recognition market?

For detailed insights on the major opportunities and strategies in the automatic license plate recognition market, request a sample here.

How does the automatic license plate recognition market relate to the overall economy and other similar markets?

For detailed insights on automatic license plate recognition market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the automatic license plate recognition industry?

For detailed insights on the mergers and acquisitions in the automatic license plate recognition industry, request a sample here.

What are the key dynamics influencing the automatic license plate recognition market growth? SWOT analysis of the automatic license plate recognition market.

For detailed insights on the key dynamics influencing the automatic license plate recognition market growth and SWOT analysis of the automatic license plate recognition industry, request a sample here.