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HomeSecurityAccess ControlGenetec Hits Top 5 For Automatic Number Plate Recognition Technology

Genetec Hits Top 5 For Automatic Number Plate Recognition Technology

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GENETEC has become one of the world’s leading and fastest growing providers of Automatic Number Plate Recognition (ANPR) technology, according to a recently-released report by IHS Markit.

According to the report ANPR and Detector Sensors Report – 2018, Genetec is a top 5 global provider of ANPR technology for surveillance applications (which includes ANPR for access control, travel time information, parking time management, tolling and law enforcement), climbing from 10th place in 2016 to 4th place in this $US453 million market.

In the Americas region—a market estimated to be worth $196.4 million in 2018 for all ANPR solutions—Genetec has jumped to second place with a 9.1 per cent market share (moving from 7th place in 2016). This includes both sales of enforcement ANPR technology (for red light, speed and bus lane enforcement applications) and ANPR technology for surveillance.

Genetec also gained the most share of the market for ANPR surveillance equipment in the Americas, climbing to second position with an 11.5 per cent market share of this $154.3 million industry.

“Over the last few years, Genetec has put a lot of effort into growing its global ANPR business through substantial R&D investment and in increased commercial focus,” said Stephan Kaiser, general manager, AutoVu at Genetec. “This has resulted in our Security Center AutoVu system becoming one of the most advanced ANPR solutions on the market.”

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SEN Newshttps://sen.news
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