According to a new market report published by Transparency Market Research, Automatic Number Plate Recognition Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020, the automatic number plate recognition market globally is forecast to reach US$1,023.2 million by 2020.
The key factors driving the growth of this market include increased adoption in traffic enforcement and surveillance applications and increasing trend of automatic number plate recognition (ANPR) integrati