Automatic Content Recognition Market 2022 Growth, Prominent Players: Apple Inc. (Shazam Entertainment Ltd.), Audible Magic Corporation, Kantar Media SASThe Automatic Content Recognition Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Automatic Content Recognition market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Automatic Content Recognition market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Automatic Content Recognition market.
The Automatic Content Recognition Market was valued at USD 1.60 billion in 2020 and is expected to reach USD 7.69 billion by 2026, at a CAGR of 30% over the forecast period 2021 - 2026.
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Top Leading Companies of Automatic Content Recognition Market are - Apple Inc. (Shazam Entertainment Ltd.), Audible Magic Corporation, Kantar Media SAS, Digimark Corporation, Signalogic Inc., Vobile Group Limited, VoiceInteraction SA, ACRCloud, Nuance Communications Inc., Audible Magic Corporation, Beatgrid Media B.V and others.
Industry News and Updates:
- May 2019 - Nuance Communications, Inc. announced that it powers features of the BMW Intelligent Personal Assistant. Available first in the new BMW 3 Series, It is an AI-powered digital companion that enables drivers to operate their car and access its functions and information simply by speaking.
- Nov 2018 - Anghami, the leading Music company in the MENA region & ACRCloud teamed up to bring Radar feature, where the user won't miss a song and will be able to recognize all the songs playing around them. Anghami provides a seamless music experience and allows to play unlimited music on-the-go through mobile.
Key Market Trends:
Media & Entertainment Sector is Expected to Grow at a Significant Rate
- With DVRs, Video on Demand and over-the-top streaming across all screens has made the viewer's life significantly better by allowing them to deliver what, when and where they watch, things got more difficult for advertisers and content owners. This is because over the past few years, live audiences decreased and overall viewer engagement declined. Due to the rise of automatic content recognition technology in smartphones and smart TVs, has led to the high demand for automatic content recognition solutions globally.
- During the forecast period the audio, video, and image recognition solution are expected to dominate the solution segment in the automatic content recognition market as it is the most demanding solution, which helps in identifying all types of media content in the smart devices.
Asia-Pacific Region is Registered as the Fastest Growing Market
- APAC is expected to attribute the higher growth in the next few years due to technological advancement, across economically developing countries such as Australia, India, China, and Japan, thereby rapidly adopting technology-enabled smart devices, which is anticipated to foster the global market.
- The Asia-Pacific region is estimated to display major development chances across the segment due to an increasing population, rising mobile users, mounting popularity of BYOD technology and prosperous IT & telecommunication as the key causes powering the market expansion.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Automatic Content Recognition Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Automatic Content Recognition Market (%),2016 - 2026
- Automatic Content Recognition Market Share, By Brand
- Automatic Content Recognition Market Share, By Company
- Automatic Content Recognition Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Automatic Content Recognition Market Value Analysis & Forecast
- Promising Automatic Content Recognition Development by Major Companies
- Detailed Automatic Content Recognition Portfolio of the Major Companies
- Major Deals in the Automatic Content Recognition Market
- Major Companies Analysis
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