Automatic Number Plate Recognition (ANPR) System Market| Emerging Technological Industry Segmentation, Application, Regions and Key News

The report talks about the shift in demands and emerging trends that are expected to drive the growth of the Automatic Number Plate Recognition (ANPR) System market. The rising demand for the Automatic Number Plate Recognition (ANPR) System market is expected to drive the demand for Automatic Number Plate Recognition (ANPR) System market, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the 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. ANPR technology finds application in the detection, prevention, and disruption of crime at local, provincial, and national levels. In addition, ANPR system is deployed by law enforcement agencies to provide proof and lines of inquiry in the event of a crime investigation.

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