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Automatic Content Recognition Market will grow due to increasing adoption of connected devices | Microsoft, Apple, IBM, Oracle, Adobe, SAP, Salesforce
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ACR technology works by analyzing the audio or video signal of the content being played on a device. This analysis can be used to identify the content by matching it against a database of known content. ACR can also be used to extract additional information about the content, such as the title, artist, or genre.
Key Trends
The major driving factors for the growth of the automatic content recognition market are the increasing use of connected devices and the increasing adoption of cloud-based services.
Some of the key trends in automatic content recognition technology are:
1. The increasing adoption of connected devices: Connected devices such as smartphones, tablets, and smart TVs are equipped with automatic content recognition (ACR) technology, which enables them to identify and track the content that is being viewed by the user. This information is then used for targeted advertising and other marketing purposes.
2. The increasing adoption of cloud-based services: Cloud-based automatic content recognition services are being increasingly adopted by businesses as they offer several advantages such as scalability, flexibility, and cost-effectiveness.
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Key Drivers
There are several key drivers of the automatic content recognition market. First, the increasing use of smart devices is driving the need for content recognition technology. Smartphones and tablets are equipped with sensors and cameras that can capture and recognize images and videos. This enables users to search for and find content based on visual cues.
Second, the increasing popularity of social media is driving the need for content recognition. Social media platforms such as Facebook, Twitter, and Instagram use content recognition to identify and track users. This allows businesses to target ads and content to specific users.
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Market Segments
By Solution
Audio, video, and image recognition
Voice and speech recognition
Real time content analytics
Security and copyright management
Data management & metadata
Content aggregation, processing, filtering, and enhancement
Encoding and transcoding solution
Broadcast and media monitoring
Media synchronization
Audience measurement
By Service
Professional services
Managed services
Value-added services
By Technology
Acoustic & digital video fingerprinting
Digital audio, video & image watermarking
Optical character recognition
Speech recognition
By Vertical
Media & entertainment
Consumer electronics
E-commerce
Education
Automotive
Others
Key Players
The global Automatic Content Recognition Market report includes players such as Google, Amazon, Microsoft, Apple, IBM, Oracle, Adobe, SAP, Salesforce, and Twitter
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