Global Automatic Number Plate Recognition Market 2011-2015

TechNavio's analysts forecast 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.

TechNavio's report, 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?