Automatic Number Plate Recognition Market to Observe Strong Development by 2025
In a highly fragmented vendor landscape, companies are focusing to develop advanced automatic number plate recognition (ANPR) solutions with integrated ANPR systems and improved reading capabilities to strengthen their market positions. According to Transparency Market Research (TMR), the global automatic number plate recognition market will witness a fiercer competition in ANPR engine manufacturing. Besides this, the rivalry among system integrators and component manufacturers is likely to remain high in the coming years. To counter intensifying rivalry, the market players are...
View full press release