The global ANPR market is expected to grow from $10.16 billion in 2024 to $27.13 billion by 2034 at a CAGR of 10.32%. AI advancements in computer vision are significantly enhancing ALPR system efficiency and accuracy, with deep-learning algorithms achieving remarkable precision even under challenging conditions like poor lighting or skewed angles. Major vendors including Kapsch TrafficCom are incorporating AI to ensure GDPR compliance.
Original source: Towards Automotive
Retrieved: 2025-11-17 | Language: EN | Reading time: 5 min read