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Automatic Content Recognition Market Latest Trends, Demand and Precise Outlook- Apple Inc. (Shazam Entertainment Ltd.), Audible Magic Corporation, Kantar Media SAS

01-21-2022 10:14 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

This report discusses many vital industry facets that influence Global Automatic Content Recognition  industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

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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

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: 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

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.

Market Overview

- Due to the rise of automatic content recognition technology in smartphones and smart TVs, the demand for automatic content recognition solutions has grown globally. Additionally, increasing deployment of Automatic Content Recognition by the media companies for applications such as audience measurement and broadcast monitoring is anticipated to raise the global automatic content recognition market growth.
- With the growth of the consumer electronics segment, the electronics manufacturing companies are increasingly embedding automatic content recognition technology in smart devices such as TVs and mobile handsets.
- Moreover, the emergence of new technologies and increased consumer demand for more customized content have boosted the growing pace of the automatic content recognition market across industries to a great extent. Increased levels of adoption of portable devices have been instrumental in maximizing the growth potential of the market.

Regional and Country-level Analysis

- 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.
- According, to International Trade Administration China�s markets grew from USD 209 billion by 10% during 2016 - 2017. Although the market size and potential are unmatched due to stringent barriers to entry persist due to censorship rules on cultural content sectors, including internet, TV, film, music, radio.

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Automatic Content Recognition Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Automatic Content Recognition market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Automatic Content Recognition market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Automatic Content Recognition Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Contact Us

Irfan Tamboli (Head of Sales) – Market Insights Reports

Phone: + 1704 266 3234

Mob: +91-750-707-8687

sales@marketinsightsreports.com | irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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