Published On : February 2024 Email: help@24marketreports.com Global Automatic License Plate Recognition (ALPR) Systems Market Research Report 2024(Status and Outlook)
Report Studies
• The Global Automatic License Plate Recognition (ALPR) Systems Market Size was estimated at USD 799.26 million in 2023 and is projected to reach USD 1318.46 million by 2029, exhibiting a CAGR of 8.70% during the forecast period.
• Automatic number-plate recognition (ANPR; see also other names below) is a technology that uses optical character recognition on images to read vehicle registration plates to create vehicle location data.
• It can use existing closed-circuit television, road-rule enforcement cameras, or cameras specifically designed for the task. ANPR is used by police forces around the world for law enforcement purposes, including to check if a vehicle is registered or licensed.
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Email: help@24marketreports.com Call: +1(646)-781-7170 (Int'l) By Applications • Traffic Management& Law Enforcement • Electronic Toll Collection • Car Park Management • Others $0 $10,000 $20,000 $30,000 $40,000 $50,000 $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000
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