Core Insights - OMNIQ is expanding its AI-based Mobile License Plate Inventory (MLPI) deployments across various sectors, including airports and healthcare, in response to increasing demand for secure access and enforcement solutions [1][3][4] - The global license plate recognition market is projected to grow from approximately $3.7 billion in 2024 to over $9 billion by 2034, driven by the adoption of AI analytics and real-time data platforms [2] Company Developments - OMNIQ's MLPI deployments are tailored to specific environments, enhancing visibility and automating processes without the need for additional staffing [3] - The MLPI platform converts standard vehicles into intelligent data-collection systems, achieving over 95% accuracy in real-time permit validation and unauthorized vehicle detection [4] - The CEO of OMNIQ highlighted the strong adoption of their technology due to its scalability and ability to integrate with existing infrastructure [5] Industry Trends - The demand for AI-powered analytics and mobility data platforms is accelerating, contributing to the growth of the license plate recognition market [2] - OMNIQ's solutions are positioned to improve efficiency, compliance, and safety across transportation, security, and supply chain sectors [5]