Studie - Global Automatic Number Plate Recognition Market 2010-2014

TechNavio’s analysts forecast that the Global Automatic Number Plate Recognition Market will reach $579.8 million in 2014. One of the key factors contributing to this market growth is the increase in need for better traffic management. The Automatic Number Plate Recognition Market has also been witnessing increase in functionality of automatic number plate recognition systems. However the increase in different number plate formats could be a challenge to the growth of this market.

Key vendors dominating this market space include Q-Free ASA, PIPS Technology Ltd, Siemens Security, Autonomy Virage, and Parkare-Alfia.

TechNavio’s Global Automatic Number Plate Recognition Market 2010-2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on Americas, EMEA and APAC and covers the Automatic Number Plate Recognition Market and its outlook in the coming years.

Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?


Press Release:

Need for Security Boosts Adoption of Automatic Number Plate Recognition

Research conducted by Technavio reveals, that the global automatic number plate recognition market is expected to grow at a CAGR of 30 percent. The report, which focuses on Americas, EMEA and APAC indicates, that the market is currently driven by the need for national surveillance of vehicles, among other factors.

'With ever increasing threat to a nation's security, there is an urgent need for national surveillance that is based on recording the movements of vehicles. This also enables an effective enforcement of the law,” reports Technavio analyst.

In spite of the need, increased usage of different number plate formats hinders the growth of this market. However, the technological development in automatic number plate recognition systems is expected to drive the market growth.

The global automatic number plate recognition market is marked by downward product line stretching. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.

The report, Global Automatic Number Plate Recognition Market 2010-2014, is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.

Companies mentioned in this report include: Q-Free ASA, PIPS Technology Ltd, Siemens Security, Autonomy Virage and Parkare-Alfia.

01. Executive Summary

02. Introduction

03. Market Landscape

04. Vendor Landscape

05. Market Growth Drivers

06. Market Challenges

07. Market Trends

08. Key Vendor Analysis

08.1 Q-Free ASA

08.2 PIPS Technology Ltd

08.3 Siemens Security

08.4 Autonomy Virage

08.5 Parkare-Alfia

09. Other Reports in this Series





List of Exhibits





Exhibit 1: Global Automatic Number Plate Recognition Market 2010-2014 ($ million)

Exhibit 2: Geographic Segmentation

Exhibit 3: Vendor Segmentation

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