Global Automatic Number Plate Recognition Market - Overview, Market Trends, and Key Players
Market Research, Automatic Number Plate Recognition Market
Global Automatic Number Plate Recognition Market - Overview, Market Trends, and Key Players The global automatic number plate recognition market is expected to witness robust growth between the years 2014 and 2020, growing at a CAGR of 13.5%. Automatic number plate recognition system refers to a system of surveillance which has the capacity to capture and identify the images of vehicles and their respective license numbers respectively. The automatic number plate recognition systems basically store the license plate number in a database after it identifies the vehicle’s number plate, and recognizes the characters present on it. Automatic number plate recognition systems are being used extensively in the areas of security and surveillance, toll enforcement, traffic enforcement, and parking management.
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A typical automatic number plate recognition system comprises user interface, an alert capability for notifying operators in case of a match, high speed cameras with IR filters, application software, and processors that are capable of performing optical character recognition. These systems can be used as standalone devices, or can be used with the current traffic enforcement cameras and maybe even closed-circuit televisions. Several police forces all across the globe also make use of automatic number plate recognition systems for detection and prevention of crimes.
Automatic Number Plate Recognition Market
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