Semiconductor

  Market Analysis  The automatic number plate recognition market will touch USD 1,100 million at a healthy CAGR between 2017- 2023, as per the Market Research Future (MRFR) analysis. Automatic number plate recognition or ANPR, simply put, is a powerful technology that is used for accurately reading vehicle number plates sans human intervention.  Various factors are propelling the ANPR Market growth. As per the MRFR report, such factors include the need to deploy cameras for surveillance and security, the need to deploy traffic enforcement applications, infrastructure growth in emerging economies, advances in digital cameras & recognition devices, and developments in the processing technologies. Additional factors adding market growth include the booming automotive sector, increasing focus by government agencies to develop integrated UAVs for the development of city-wide ANPR network, and favorable government initiatives such as traffic management systems and intellige...

  Market Research Future published a research report on “Automatic Number Plate Recognition (ANPR) Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027. Market Analysis  The automatic number plate recognition market will touch USD 1,100 million at a healthy CAGR between 2017- 2023, as per the Market Research Future (MRFR) analysis. Automatic number plate recognition or ANPR, simply put, is a powerful technology that is used for accurately reading vehicle number plates sans human intervention.  Various factors are propelling the automatic number plate recognition market growth. As per the MRFR report, such factors include the need to deploy cameras for surveillance and security, the need to deploy traffic enforcement applications, infrastructure growth in emerging economies, advances in digital cameras & recognition devices, and developments in the processing technologies. Additional factors adding m...