Naperville, IL -- (SBWIRE) -- 08/10/2012 -- The Global Automatic Number Plate Recognition market to grow at a CAGR of 31.5 percent over the period 2011-2015. One of the key factors contributing to this market growth is need for increased security. The Global Automatic Number Plate Recognition market has also been witnessing development of cloud-based ANPR solutions. However, increasing threat from open source automatic number plate recognition (ANPR) solutions could pose a challenge to the growth of this market.
The Global Automatic Number Plate Recognition Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Automatic Number Plate Recognition market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Autonomy Corp., ELSAG North America LLC, PIPS Technology Ltd., and Q-Free ASA. Other vendors mentioned in the report: Parkare Group, CA Traffic Ltd., NDI Recognitions Systems Ltd., Coban Technologies Inc.
Key questions answered in this report:
What will the market size be in 2015 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?
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