Global Vehicle Recognition Software Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI04253401

Publication Date:

April 22, 2025

Pages:

126

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Automotive) [2]

Components [3]

Automotive [4]

Description:

The global Vehicle Recognition Software market size is predicted to grow from US$ 451 million in 2025 to US$ 830 million in 2031; it is expected to grow at a CAGR of 10.7% from 2025 to 2031.
Vehicle recognition software typically combines with vehicle recognition cameras and other hardware to form a vehicle recognition system. By applying advanced image processing, deep learning algorithms, and license plate recognition technology, it achieves automatic recognition and information collection of vehicles.
Global key players of Vehicle Recognition Software include Motorola Solutions, OMNIQ Corp (HTS), Adaptive Recognition and Dahua Technology Co., Ltd, etc. The top four players hold a share about 30%. Japan is the largest market, has a share about 45%. In terms of product type, Cloud-based is the largest segment, occupied for a share of about 70%, and in terms of application, Parking Lot has a share about 55 percent.
The 鈥淰ehicle Recognition Software Industry Forecast鈥� looks at past sales and reviews total world Vehicle Recognition Software sales in 2024, providing a comprehensive analysis by region and market sector of projected Vehicle Recognition Software sales for 2025 through 2031. With Vehicle Recognition Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle Recognition Software industry.
This Insight Report provides a comprehensive analysis of the global Vehicle Recognition Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Vehicle Recognition Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Vehicle Recognition Software market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle Recognition Software and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vehicle Recognition Software.
This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle Recognition Software market by product type, application, key players and key regions and countries.
Segmentation by Type:
On-premise
Cloud-based
Segmentation by Application:
Traffic Control
Parking Lot
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Motorola Solutions
OMNIQ Corp (HTS)
Adaptive Recognition
Dahua Technology Co., Ltd
Neology
Perceptics
Hikvision
Rekor (OpenALPR)
Q-free
Genetec
Jenoptik(Vysionics)
Neural Labs
Inex Tech
Vaxtor
Cyclops Technologies
ISS
NDI Recognition Systems

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Vehicle Recognition Software Market Size (2020-2031)
2.1.2 Vehicle Recognition Software Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Vehicle Recognition Software by Country/Region (2020, 2024 & 2031)
2.2 Vehicle Recognition Software Segment by Type
2.2.1 On-premise
2.2.2 Cloud-based
2.3 Vehicle Recognition Software Market Size by Type
2.3.1 Vehicle Recognition Software Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Vehicle Recognition Software Market Size Market Share by Type (2020-2025)
2.4 Vehicle Recognition Software Segment by Application
2.4.1 Traffic Control
2.4.2 Parking Lot
2.4.3 Other
2.5 Vehicle Recognition Software Market Size by Application
2.5.1 Vehicle Recognition Software Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Vehicle Recognition Software Market Size Market Share by Application (2020-2025)
3 Vehicle Recognition Software Market Size by Player
3.1 Vehicle Recognition Software Market Size Market Share by Player
3.1.1 Global Vehicle Recognition Software Revenue by Player (2020-2025)
3.1.2 Global Vehicle Recognition Software Revenue Market Share by Player (2020-2025)
3.2 Global Vehicle Recognition Software Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Vehicle Recognition Software by Region
4.1 Vehicle Recognition Software Market Size by Region (2020-2025)
4.2 Global Vehicle Recognition Software Annual Revenue by Country/Region (2020-2025)
4.3 Americas Vehicle Recognition Software Market Size Growth (2020-2025)
4.4 APAC Vehicle Recognition Software Market Size Growth (2020-2025)
4.5 Europe Vehicle Recognition Software Market Size Growth (2020-2025)
4.6 Middle East & Africa Vehicle Recognition Software Market Size Growth (2020-2025)
5 Americas
5.1 Americas Vehicle Recognition Software Market Size by Country (2020-2025)
5.2 Americas Vehicle Recognition Software Market Size by Type (2020-2025)
5.3 Americas Vehicle Recognition Software Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Vehicle Recognition Software Market Size by Region (2020-2025)
6.2 APAC Vehicle Recognition Software Market Size by Type (2020-2025)
6.3 APAC Vehicle Recognition Software Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Vehicle Recognition Software Market Size by Country (2020-2025)
7.2 Europe Vehicle Recognition Software Market Size by Type (2020-2025)
7.3 Europe Vehicle Recognition Software Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Vehicle Recognition Software by Region (2020-2025)
8.2 Middle East & Africa Vehicle Recognition Software Market Size by Type (2020-2025)
8.3 Middle East & Africa Vehicle Recognition Software Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Vehicle Recognition Software Market Forecast
10.1 Global Vehicle Recognition Software Forecast by Region (2026-2031)
10.1.1 Global Vehicle Recognition Software Forecast by Region (2026-2031)
10.1.2 Americas Vehicle Recognition Software Forecast
10.1.3 APAC Vehicle Recognition Software Forecast
10.1.4 Europe Vehicle Recognition Software Forecast
10.1.5 Middle East & Africa Vehicle Recognition Software Forecast
10.2 Americas Vehicle Recognition Software Forecast by Country (2026-2031)
10.2.1 United States Market Vehicle Recognition Software Forecast
10.2.2 Canada Market Vehicle Recognition Software Forecast
10.2.3 Mexico Market Vehicle Recognition Software Forecast
10.2.4 Brazil Market Vehicle Recognition Software Forecast
10.3 APAC Vehicle Recognition Software Forecast by Region (2026-2031)
10.3.1 China Vehicle Recognition Software Market Forecast
10.3.2 Japan Market Vehicle Recognition Software Forecast
10.3.3 Korea Market Vehicle Recognition Software Forecast
10.3.4 Southeast Asia Market Vehicle Recognition Software Forecast
10.3.5 India Market Vehicle Recognition Software Forecast
10.3.6 Australia Market Vehicle Recognition Software Forecast
10.4 Europe Vehicle Recognition Software Forecast by Country (2026-2031)
10.4.1 Germany Market Vehicle Recognition Software Forecast
10.4.2 France Market Vehicle Recognition Software Forecast
10.4.3 UK Market Vehicle Recognition Software Forecast
10.4.4 Italy Market Vehicle Recognition Software Forecast
10.4.5 Russia Market Vehicle Recognition Software Forecast
10.5 Middle East & Africa Vehicle Recognition Software Forecast by Region (2026-2031)
10.5.1 Egypt Market Vehicle Recognition Software Forecast
10.5.2 South Africa Market Vehicle Recognition Software Forecast
10.5.3 Israel Market Vehicle Recognition Software Forecast
10.5.4 Turkey Market Vehicle Recognition Software Forecast
10.6 Global Vehicle Recognition Software Forecast by Type (2026-2031)
10.7 Global Vehicle Recognition Software Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Vehicle Recognition Software Forecast
11 Key Players Analysis
11.1 Motorola Solutions
11.1.1 Motorola Solutions Company Information
11.1.2 Motorola Solutions Vehicle Recognition Software Product Offered
11.1.3 Motorola Solutions Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Motorola Solutions Main Business Overview
11.1.5 Motorola Solutions Latest Developments
11.2 OMNIQ Corp (HTS)
11.2.1 OMNIQ Corp (HTS) Company Information
11.2.2 OMNIQ Corp (HTS) Vehicle Recognition Software Product Offered
11.2.3 OMNIQ Corp (HTS) Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 OMNIQ Corp (HTS) Main Business Overview
11.2.5 OMNIQ Corp (HTS) Latest Developments
11.3 Adaptive Recognition
11.3.1 Adaptive Recognition Company Information
11.3.2 Adaptive Recognition Vehicle Recognition Software Product Offered
11.3.3 Adaptive Recognition Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Adaptive Recognition Main Business Overview
11.3.5 Adaptive Recognition Latest Developments
11.4 Dahua Technology Co., Ltd
11.4.1 Dahua Technology Co., Ltd Company Information
11.4.2 Dahua Technology Co., Ltd Vehicle Recognition Software Product Offered
11.4.3 Dahua Technology Co., Ltd Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Dahua Technology Co., Ltd Main Business Overview
11.4.5 Dahua Technology Co., Ltd Latest Developments
11.5 Neology
11.5.1 Neology Company Information
11.5.2 Neology Vehicle Recognition Software Product Offered
11.5.3 Neology Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Neology Main Business Overview
11.5.5 Neology Latest Developments
11.6 Perceptics
11.6.1 Perceptics Company Information
11.6.2 Perceptics Vehicle Recognition Software Product Offered
11.6.3 Perceptics Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Perceptics Main Business Overview
11.6.5 Perceptics Latest Developments
11.7 Hikvision
11.7.1 Hikvision Company Information
11.7.2 Hikvision Vehicle Recognition Software Product Offered
11.7.3 Hikvision Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Hikvision Main Business Overview
11.7.5 Hikvision Latest Developments
11.8 Rekor (OpenALPR)
11.8.1 Rekor (OpenALPR) Company Information
11.8.2 Rekor (OpenALPR) Vehicle Recognition Software Product Offered
11.8.3 Rekor (OpenALPR) Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Rekor (OpenALPR) Main Business Overview
11.8.5 Rekor (OpenALPR) Latest Developments
11.9 Q-free
11.9.1 Q-free Company Information
11.9.2 Q-free Vehicle Recognition Software Product Offered
11.9.3 Q-free Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Q-free Main Business Overview
11.9.5 Q-free Latest Developments
11.10 Genetec
11.10.1 Genetec Company Information
11.10.2 Genetec Vehicle Recognition Software Product Offered
11.10.3 Genetec Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Genetec Main Business Overview
11.10.5 Genetec Latest Developments
11.11 Jenoptik(Vysionics)
11.11.1 Jenoptik(Vysionics) Company Information
11.11.2 Jenoptik(Vysionics) Vehicle Recognition Software Product Offered
11.11.3 Jenoptik(Vysionics) Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Jenoptik(Vysionics) Main Business Overview
11.11.5 Jenoptik(Vysionics) Latest Developments
11.12 Neural Labs
11.12.1 Neural Labs Company Information
11.12.2 Neural Labs Vehicle Recognition Software Product Offered
11.12.3 Neural Labs Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Neural Labs Main Business Overview
11.12.5 Neural Labs Latest Developments
11.13 Inex Tech
11.13.1 Inex Tech Company Information
11.13.2 Inex Tech Vehicle Recognition Software Product Offered
11.13.3 Inex Tech Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Inex Tech Main Business Overview
11.13.5 Inex Tech Latest Developments
11.14 Vaxtor
11.14.1 Vaxtor Company Information
11.14.2 Vaxtor Vehicle Recognition Software Product Offered
11.14.3 Vaxtor Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Vaxtor Main Business Overview
11.14.5 Vaxtor Latest Developments
11.15 Cyclops Technologies
11.15.1 Cyclops Technologies Company Information
11.15.2 Cyclops Technologies Vehicle Recognition Software Product Offered
11.15.3 Cyclops Technologies Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Cyclops Technologies Main Business Overview
11.15.5 Cyclops Technologies Latest Developments
11.16 ISS
11.16.1 ISS Company Information
11.16.2 ISS Vehicle Recognition Software Product Offered
11.16.3 ISS Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 ISS Main Business Overview
11.16.5 ISS Latest Developments
11.17 NDI Recognition Systems
11.17.1 NDI Recognition Systems Company Information
11.17.2 NDI Recognition Systems Vehicle Recognition Software Product Offered
11.17.3 NDI Recognition Systems Vehicle Recognition Software Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 NDI Recognition Systems Main Business Overview
11.17.5 NDI Recognition Systems Latest Developments
12 Research Findings and Conclusion

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