Automatic Number Plate Recognition Market - Global Industry Analysis, Trends and Forecast 2014 – 2020

Automatic number or license plate recognition is a software technology enabling computer systems to read the license registration number of vehicles from the captured digital pictures. Automatic number or license plate recognition is a type of optical character recognition (OCR). Automatic reading of the registration number requires transformation of the pixels of digital images into the ASCII text of the number plate. From the automatic number plate recognition point of view the quality of image is a key factor.

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Growing demand from law enforcement agencies across the globe is leading to growing market for automatic number plate recognition. Rise in incidents of crime is leading to growing demand for automatic number plate recognition in mass surveillance systems. Further, over the last few years, advancements in algorithm and products have significantly improved the performance of automatic number plate recognition systems and this is leading to increasing demand as the reliability has increased. Adding features to read different languages apart from English represents a significant opportunity in the market as it would lead to higher adoption in developing regions such as China, India, and Middle East. The current systems provide the ability to read plate types alongside the plate characters.

In order to capture fast moving vehicles special techniques such as technique to avoid motion blur are needed to be used. However, this reduces the recognition accuracy and thus presents a challenge in this market. Growing focus on intelligent transportation systems (ITS) across the globe is expected to drive the growth in adoption of automatic number plate recognition system over the coming years. Emergence of smarter cameras would lead to further growth of automatic number plate recognition systems market. Moreover, integration of features such as...