Latin America, Middle East and Africa Automatic Number Plate Recognition (ANPR) System Market to register a CAGR of 11.4% during the forecast period (2017-2023)

According to a new report, LAMEA Automatic Number Plate Recognition System Market size is estimated to witness a growth of 11.4% CAGR during the forecast period. The Fixed market holds the largest market share in LAMEA Automatic Number Plate Recognition System Market by Type in 2016, and would continue to be a dominant market till 2023; and is expected to witness a CAGR of 10.5% during (2017 - 2023).

The Brazil market holds the largest market share in LAMEA Automatic Number Plate Recognition System Market in Electronic Toll Collection Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 12.6 % during the forecast period. The UAE market is expected to witness a CAGR of 12.8% during (2017 - 2023) in LAMEA Automatic Number Plate Recognition System Market in Parking Management Market. Additionally, The South Africa market is expected to witness a CAGR of 14.3% during (2017 - 2023) in LAMEA Automatic Number Plate Recognition System Market in Access Control Market. The ANPR Cameras market dominated the Saudi Arabia Automatic Number Plate Recognition System Market by Component in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 8.7 % during the forecast period. The Frame Grabber market is expected to witness a CAGR of 12% during (2017 - 2023).

Additionally, The Triggers market would garner market size of $4.8 million by 2023. The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Latin America, Middle East and Africa Automatic Number Plate Recognition System Market have been discussed in the report with the elaborated company profiles of Kapsch (Kapsch Trafficcom AG), Q-Free ASA, Siemens AG, Genetec Inc., ARH Inc., Robert Bosch (Bosch Security Systems, Inc.), Smartrac (Neology, Inc.), Digital Recognition Systems Ltd., Vigilant Solutions, Inc., and Tattile SRL.

Full Report: https://www.kbvresearch.com/lamea-automatic-number-plate-recognition-system-market/

LAMEA Automatic Number Plate Recognition System Market Segmentation

By Types

• Fixed
• Mobile & Portable

By Components

• ANPR Cameras
• ANPR Software
• Frame Grabber
• Triggers
• Others

By Applications

• Traffic Management
• Law Enforcement
• Electronic Toll Collection
• Parking Management
• Access Control

By Countries

• Brazil Automatic Number Plate Recognition (ANPR) System Market
• Argentina Automatic Number Plate Recognition (ANPR) System Market
• UAE Automatic Number Plate Recognition (ANPR) System Market
• Saudi Arabia Automatic Number Plate Recognition (ANPR) System Market
• South Africa Automatic Number Plate Recognition (ANPR) System Market
• Nigeria Automatic Number Plate Recognition (ANPR) System Market
• Rest of Latin America, Middle East and Africa Automatic Number Plate Recognition (ANPR) System Market

Companies Profiled

• Kapsch (Kapsch Trafficcom AG)
• Q-Free ASA
• Siemens AG
• Genetec Inc.
• ARH Inc.
• Robert Bosch (Bosch Security Systems, Inc.)
• Smartrac (Neology, Inc.)
• Digital Recognition Systems Ltd.
• Vigilant Solutions, Inc.
• Tattile SRL

Related Reports:

Global Automatic Number Plate Recognition System Market

North America Automatic Number Plate Recognition System Market

Europe Automatic Number Plate Recognition System Market

Asia Pacific Automatic Number Plate Recognition System Market