Global Automatic Number Plate Recognition Systems Market to Reach $6.9 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Automatic Number Plate Recognition Systems estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$6.9 Billion by 2030, growing at aCAGR of 13.2% over the period 2022-2030.
- In the changed post COVID-19 business landscape, the global market for Automatic Number Plate Recognition Systems estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$6.9 Billion by 2030, growing at aCAGR of 13.2% over the period 2022-2030.
- Fixed, one of the segments analyzed in the report, is projected to record 11.7% CAGR and reach US$3.4 Billion by the end of the analysis period.
- The U.S. Market is Estimated at $748.3 Million, While China is Forecast to Grow at 12.5% CAGR
The Automatic Number Plate Recognition Systems market in the U.S. is estimated at US$748.3 Million in the year 2022. - China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 12.5% over the analysis period 2022 to 2030.