Automatic Content Recognition Market Analysis and Value Forecast Snapshot by End-use Industry 2017-2025
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The automatic content recognition market is expected to grow due to rapid deployment of innovative automatic content recognition technology in the marketplace and increasing integration of automatic content recognition in smart TVs. Samsung and LG are among the organizations that have adopted automatic content recognition software into their Smart TVs. These smart TVs can then keep tabs on the content stream of what viewer is seeing on television. Many companies are entering into the automatic content recognition domain. For instance, a company named Nielsen finalizes the acquisition of Gracenote from Tribune Media Services. With this acquisition, Nielsen gets access to the Gracenote technology and data that personalizes the user experience around the consumption of music, sports and video content. For marketers, automatic content recognition has an ability to revamp TV-viewing analytics. The increasing integration of automatic content recognition in media companies, advertisers and content providers will open up an opportunities for measuring audience engagement and cross-promotion. Furthermore, automatic content recognition offers various companies to expand their TV campaigns to digital, and measure attribution, engagement, and effectiveness of campaigns, which are not targeted across all platforms.
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Various revenue-generating benefits that automatic content recognition brings to the television environment along with the integration of internet of things (IoT) and big data analytics in automatic content recognition technology. That is expected to bring novel opportunity for automatic content recognition market during forecast period. For instance, various operators can increase their revenue since, automatic content recognition provides operators with analytical data, based on the viewing habits of the consumers by enabling them to send targeted advertising campaigns directly to the viewer. Additionally, operators can use automatic content recognition technologies into online services like e-commerce by providing an interactive and immersive experience to the viewer.
Automatic content recognition market can be segmented by Application, technology and region. On the basis of application, automatic content recognition market can be segmented as content Identification, broadcast Monitoring, content enhancement, audience measurement, others. Furthermore, on the basis of technology it can be segmented as passive finger- prints, digital watermarks and others.
Geographically automatic content recognition market can be segmented into North America, South America, Asia-pacific, Middle East and South Africa and Europe. North America and Europe are expected to lead due to increasing investment in research & development activity with respect to automatic content recognition technology. However, Asia pacific region is expected to grow at a significant rate due to increasing adoption of automatic content recognition software by prominent companies in this region.
Some of the key players in automatic content recognition market are Audible Magic, muffin Gmbh, Gracenote, Inc., Viant Technology LLC., Datascouting, ivitec GmbH, Viscovery, VoiceBase, Inc., ACR cloud, Clarifai Inc., Nuance Communications, Inc. and more.
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