Mobile ANPR Cameras Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 3.2 Billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030.
The mobile Automatic Number Plate Recognition (ANPR) cameras market demonstrated significant growth in 2022, with the market size reaching approximately USD 1.8 billion. This growth can be attributed to the increasing demand for intelligent traffic management solutions and advancements in camera technologies. The market experienced a Compound Annual Growth Rate (CAGR) of around 11% during this period, reflecting a robust expansion in the sector. The surge in adoption across various applications, including law enforcement and parking management, highlights the growing reliance on mobile ANPR systems for efficient and automated vehicle identification.
Looking ahead, the market presents substantial opportunities, driven by the rise in smart city initiatives and advancements in artificial intelligence. Emerging markets are poised to contribute significantly to the growth, with an increasing focus on enhancing traffic monitoring and management capabilities. The integration of mobile ANPR technology into broader surveillance and public safety frameworks is expected to open new avenues for growth, further propelled by ongoing innovations and a shift towards more integrated and automated solutions in urban infrastructure.
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NDI Recognition Systems Ltd.
Vigilant Solutions Inc
Q-Free ASA
Genetec
Inc
Siemens AG
PIPS Technology Ltd.
Tattile Srl
Vysionics Intelligent Traffic Solutions Ltd.
Bosch Security Systems
3M Company
Intelligent Traffic Solutions Ltd.
Genetec Inc
CA Traffic Limited
ELSAG North America
COBAN Technologies
Kapsch TrafficCom AG
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Mobile ANPR Cameras Market
Traffic Management
Law Enforcement
Electronic Toll Collection
Parking Management
Access Control
Based on Types the Market is categorized into Below types that held the largest Mobile ANPR Cameras market share In 2023.
Closed-Circuit Television
Road-Rule Enforcement Camera
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Mobile ANPR Cameras Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Mobile ANPR Cameras Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Mobile ANPR Cameras Market, By Type
6. Global Mobile ANPR Cameras Market, By Application
7. Global Mobile ANPR Cameras Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Mobile ANPR Cameras Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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