Reportstack Announces the Publication of its Research Report - Global Automatic Number Plate Recognition (ANPR) Market 2014-2018. Reportstack recognizes the following companies as the key players in the Global Automatic Number Plate Recognition (ANPR) Market: ARH Inc., Digital Recognition Systems Ltd., Elsag North America LLC, NDI Recognitions Systems Ltd., Q-Free ASA, and Vigilant Solutions Inc. “The use of manual identification processes has been increasingly replaced by automated processes for the past few years. Initially, ANPR systems were comprised of different components. However, technological advancements have allowed for these components to be made into one integrated solution. The ANPR accuracy level has also been increasing with time, and this reduces the possibilities of errors. In addition, the current ANPR systems use high definition cameras with better angular views. Vendors have also started introducing different types of portable ANPR systems. Vendors are expected to continue to introduce technological advanced ANPR systems during the forecast period, which will lead to their increased adoption.”
According to the report, the main factor which is driving the demand for ANPR systems is the increasing need for improved security. ANPR systems are primarily adopted by the Government sector as they are focused on improving the security of the country and the national infrastructure. This focus has led to the increased adoption of ANPR systems by governments in the developed economies.
Further, the report states that the major challenge faced by the Global ANPR market is the increasing intrusion on the privacy of the population. The increased use of ANPR systems has led to the disclosure of personal data to government agencies. The system also records data, such as the movement of vehicles at a particular time and location, and also might capture images of passengers in the front seat of a vehicle and store them for long periods.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/149099/global-automatic-number-plate-recognition-anpr-market-2014-2018.html.