Market Revenue ANPR System Industry Segmentations | Page 2

Market and is estimated to lead the overall market in the upcoming years. This is mainly due to the
rising demand for ANPR systems for monitoring traffic and collecting data in private and parking
spaces, highways, tunnels, and bridges. On the other hand, mobile ANPR systems segment is
estimated to grow at highest CAGR in the upcoming years. The reason being, exclusively preferred by
police and law enforcement agencies.
A Component such as Triggers, ANPR Cameras, Frame Grabbers, ANPR Software, and others classify
ANPR System Market. ANPR segment accounts the largest market shares of ANPR System Industry
and is estimated to lead the overall market in the years to come. The reason being, rising demand for
cameras for traffic management and law enforcement. On the other hand, ANPR Software segment
estimated to grow at highest CAGR in the upcoming years as, increasing incidents of vehicle thefts
and growing criminal activities.
Applications into Access Control, Traffic Management, Parking Management, Law Enforcement,
Electronic Toll Collection, Security and Surveillance, and others classify ANPR System Market. The
traffic management segment accounts for the largest market share of ANPR System Industry. The
reason being, high demand for ANPR systems in urban areas due to high traffic congestion. Followed
by Electronic toll collection, due to the growing adoption of vehicles and strict government policy by
many countries.
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ANPR System Market is segmented geographically into Americas (North America, South America),
Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.
Globally, Europe accounts the largest market share of ANPR System Industry and is estimated to grow
at moderate CAGR in the upcoming years. On the other hand, Asia Pacific market is estimated to grow
at fastest pace in the years to come. The reason being, rising public infrastructure, and highways.
The key players of ANPR System Market are FF Group, KapschTrafficCom AG, HTS, Conduent, ANPR
International, Q-Free ASA, Beltech, Siemens AG, Digital Recognition System, Genetec, ARH, Neology,
Elsag North America, Bosch Security Systems GmbH, Vigilant Solutions, Tattile, Quercus Technologies,
TagMaster North America, Euro Car Parks Limited, and NDI Recognition Systems. These players are