New Report on the Global Automatic Number Plate Recognition Market 2011-2015
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.
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