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Automatic Content Recognition Market Analysis Key Trends, Industry Statistics, Growth Opportunities, Key Players by 2032

01-11-2023 08:17 PM CET | IT, New Media & Software

Press release from: Analytics Market Research

Automatic Content Recognition Market

Automatic Content Recognition Market

Automatic Content Recognition Market size is valued at USD 21.98 billion by 2028 is expected to grow at a compound annual growth rate of 29.65% in the forecast period of 2021 to 2028.
An identifying method used by software to locate content elements on a media device or nearby is known as automatic content recognition. Algorithms used in this method use real-time data to evaluate and route information with picture, audio, and video properties.

Over the forecast period of 2021 to 2028, the automatic content recognition market is expected to increase as a result of media firms increasingly deploying these technologies for uses like audience measurement and broadcast monitoring. The market for automatic content identification is also thriving thanks to the expanding use of this technology in electronics such display devices, smart TVs, smartphones, and wearables. Additionally, businesses' growing desire to comprehend their customers
Automatic content recognition (ACR) is a method of identifying the content in a media file or being played on a media device. Users of devices with ACR capability can easily find more information about the content they just viewed without the need for user input or search activities. It puts into practise a method for various businesses to interact with consumers of television on their second screens.

Market Overview
The demand for automatic content recognition solutions has increased significantly as a result of the proliferation of automatic content recognition technologies in smartphones and smart TVs. Additionally, media organisations' successful use of automatic content recognition for uses including audience measurement and broadcast monitoring is anticipated to fuel global market growth.

Electronics manufacturing companies routinely integrate automatic content recognition technology into smart gadgets like TVs and mobile handsets as the consumer electronics market expands. ACR Market growth across industries has also accelerated due to the development of new technologies and increased customer desire for more personalised content. Additionally, increased rates of portable device adoption have been crucial in optimising the market's growth potential.

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Key Market Trends
DVRs, Video on Demand, and over-the-top streaming across all screens have dramatically improved the lives of viewers by enabling them to choose what, when, and where they watch. However, this has made things more challenging for advertisers and content owners. This is due to a fall in viewer engagement overall and in live crowds over the past few years. Global demand for automatic content recognition solutions has increased as a result of the popularity of automatic content recognition technologies in smartphones and smart TVs.
As the most popular solution that aids in detecting all sorts of media content in smart devices, audio, video, and picture recognition solutions are anticipated to dominate the solution segment in the automatic content recognition market during the time of forecasting.

Global Automatic Content Recognition Market: Major Players
Voiceinteraction
Audible Magic
Vobile
Nuance Communications
Civolution (Kantar Media)
Mufin
Gracenote
Arcsoft
Digimarc
Enswers
ACR Cloud
Microsoft
Shazam Entertainment
Beatgrid Media
Google

Global Automatic Content Recognition Market: Types
Acoustic & digital video fingerprinting
Digital audio, video & image watermarking
Optical character recognition
Speech recognition

Global Automatic Content Recognition Market: Applications
Consumer Electronics
E-commerce
Education
Automotive
IT & telecommunication
Healthcare
Defense & public safety
Avionics
Others

Global Automatic Content Recognition Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automatic Content Recognition market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Frequently Asked Questions About This Report
• How big is the Market?
• What is the Market growth?
• Which segment accounted for the largest Market share?
• Who are the key companies/players in the Market?
• What are the factors driving the Market?
• How has the Covid-19 pandemic affected the Market?
• What is the leading solution segment in the Market?
• What is the leading deployment segment in the Market?
• Which enterprise segment accounted for the largest revenue share in the Market?

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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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