ANPR Market to Record Strong Growth Until 2025, Research Finds
The ANPR (Automatic Number Plate Recognition) market is forecasted to grow at a CAGR of 12.0% between 2017 – 2025 and will likely reach an overall value of US$ 1654.4 Mn in 2025, a recent market research report has been able to suggest.
The Automatic Number Plate Recognition Market to 2025 – Global Analysis and Forecasts by Application (Vehicle Parking, Traffic Management, Security & Surveillance, Toll Enforcement), System Type and End-user industry (Government, Commercial) report from Insight Partners points out that one of the prime factors that are driving the demands for ANPR system adoptions is rising concern regarding security & surveillance and traffic management. Rising number of cars due to urbanization leads to traffic congestion and unmanaged parking which demands for a better traffic and parking management.
ANPR technology provides better solution and is being implemented at various locations such as highways, toll booths, parking for a better security and management. With the rising security concerns and road safety, many of the government agencies and private companies are implementing this technology and this will continue to boost the market for ANPR in the coming years.
Tensor – your preferred partner for deploying secure and reliable Automated Licence Plate Recognition Systems
Tensor has an extensive experience in installing CCTV systems and commissioning comprehensive video management solutions for large multi-site facilities, and can also fully integrate video surveillance into other security systems including ANPR (Automatic Number Plate Recognition), Access Control and Facial Recognition.
Whilst CCTV systems are an effective crime deterrent and can provide recorded video footage for post event analysis or evidence, the benefit to your business is enhanced through real-time remote monitoring of your CCTV system – providing extra eyes during an event and response through live audio, to challenge potential intruders as well as recording the situation.
Tensor’s Project Managers and Integration Engineers, all of which have a background in the security industry, professional engineering, IT and integration, defence electronics and the armed forces work to the highest standards to ensure that solutions achieve the required functionality, within budget, and are well implemented.
If you’d like to find out more about Tensor PLC’s consultancy, concept, design, procurement, manufacturing, installation, maintenance, training and monitoring services, just contact us, or book a demo with one of our company’s representatives.