security technology market ANPR market to reach $1.05B by 2020 Hadapsar, India The Automatic Number Plate Recognition (ANPR) market is estimated to reach USd 1.05 Billion by 2020, at a CAGR of 13.25% between 2015 and 2020. This growth according to Marketsandmarkets is attributed to the adoption of ANPR systems for traffic management and law enforcement applications around the globe. Also the ANPR system market will witness demand from the commercial applications such as toll collections and dedicated parking in the forecasted period. The new market report from Marketsandmarkets finds that the fixed ANPR system held the major share of the market in 2014. This market is expected to grow at a CAGR of 13.54% between 2015 and 2020. The growth of the fixed ANPR system is attributed to the increasing demand from applications such as traffic management, toll collection, and parking areas. The toll collection application is expected to grow at the highest CAGR between 2015 and 2020 and is predicted to grow at 17.46% during the period covered by the research. The rapid increase in the adoption of vehicles and the increasing government regulations for the implementation of the electronic toll collection system market is expected to drive the growth of this market. The ANPR system market in APAC is expected to grow rapidly as a solution to various issues such as traffic congestion, police enforcement, toll collection, and parking which have arisen due to the rise in the urban population. In APAC, countries such as Japan and China have installed ANPR system in various applicaThe Automatic Number Plate Recognition (ANPR) market is tion areas such estimated to reach USD 1.05 Billion by 2020. as toll collection, parking, and ARH Inc. (Hungary), Elsag North traffic management. The ANPR America LLC (U.S.), Genetec Inc. system market in APAC is expec(Canada), Q-Free ASA (Norway), ted to grow at the highest CAGR Vigilant Solutions Inc. (U.S.). of 18.06% during the forecast In this research report, the period. global ANPR system market The report entitled, ”Autois segmented on the basis of matic Number Plate Recognition type, component, application, System Market by Type (Mobile, and geography. It describes the Fixed, Portable), Application drivers, restraints, opportunities, (Traffic Management, Law Enforand challenges for the growth of cement, Toll Collection, Parking the ANPR system market. The Areas), & Geography - Analysis & Porter’s five forces analysis has Forecast to 2020”, finds that some been included in the report with of the major companies dominaa description of each of its forces ting the ANPR systems market and their respective impact on the include 3M Company (U.S.), ANPR system market. Home Automation – new growth area for installers and integrators London, UK A recent survey conducted by the Ifsec International team has found that an overwhelming majority of security installers and integrators cite home automation as a potential growth area. At London’s Excel from 21–23 June, Ifsec International 2016 will be a strategically significant platform to present current technologies and research to the market as security systems and services play an increasingly vital role in building automation. For the purpose the exhibition will host a dedicated Smart Zone, comprising a replica ‘smart home’ fitted out with the latest home automation. Having polled the views of hundreds of installers, Ifsec International found that 92% saw the ‘smart home’ – whereby lighting, heating, alarms and other household functions are interconnected and remotely controlled via smartphone or PC – as a potential area for diversification. The survey also revealed that 88% of respondents would be more likely to attend Ifsec International if a dedicated home automation zone were introduced. Gerry Dunphy, Event Director of Ifsec and Firex International says: “Although we sensed that home automation and smart buildings were on the brink of a growth surge, even we were taken aback by the enthusiasm among installers to move. It certainly seems to vindicate our decision to launch an area dedicated to home automation and smart buildings for Ifsec International 2016.” Marketsandmarkets projects global growth of 11.36% (CAGR) between 2014 and 2020 of the security specific home automation industry. Boasting knowledge of security standards At London’s Excel from 21–23 June, Ifsec International 2016 will be a strategically significant platform to present current technologies and research to the market as security systems and services play an increasingly vital role in building automation. and regulations, commercial security installers will hope to compete well with IT companies in any foray into a still-immature market. Training and education will be essential to a smooth transition, albeit installers and integrators will bring plenty of transferrable skills. The new zone will also incorporate presentations on ‘smart cities’, a smart theatre will star leading speakers on the internet of things, home automation and the latest building automation technologies. Security News Every Day – www. securityworldhotel.com 8 • d etektor internati onal