Global Automatic License Plate Recognition (ALPR) Software Market Insights, Forecast to 2028

Automatic License Plate Recognition (ALPR) Software Market Analysis 2022-2028

The global Automatic License Plate Recognition (ALPR) Software market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.

Fully considering the economic change by this health crisis, On-premise accounting for % of the Automatic License Plate Recognition (ALPR) Software global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Parking Management segment is altered to an % CAGR throughout this forecast period.

Automatic License Plate Recognition (ALPR) Software Market Size and Share

China Automatic License Plate Recognition (ALPR) Software market size is valued at US$ million in 2021, while the North America and Europe Automatic License Plate Recognition (ALPR) Software are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Automatic License Plate Recognition (ALPR) Software landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

Automatic License Plate Recognition (ALPR) Software Market Insights

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automatic License Plate Recognition (ALPR) Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automatic License Plate Recognition (ALPR) Software market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automatic License Plate Recognition (ALPR) Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automatic License Plate Recognition (ALPR) Software market.

Automatic License Plate Recognition (ALPR) Software Market Segment and Scope

Automatic License Plate Recognition (ALPR) Software market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Automatic License Plate Recognition (ALPR) Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

Automatic License Plate Recognition (ALPR) Software Market Segment By Type

• On-premise
• In-cloud Deployments

Automatic License Plate Recognition (ALPR) Software Market Segment By Application

• Parking Management
• Traffic Monitoring
• Law Enforcement
• Automatic Toll Management
• Other

By Company

• PlateSmart
• ARH Inc
• NEXCOM
• Genetec
• Sighthound
• 3M
• Motorola
• INEX TECHNOLOGIES
• PLANET Technology
• DRB Systems

By Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA