Automatic Content Recognition (ACR) Market 2018 International Leaders: Google, Microsoft, Nuance communications, ACRCloud, Arcsoft, Digimarc, Audible Magic, Enswers, Shazam Entertainment, Beatgrid Media, Clarifai, iPharro Media, Viscovery Pte, VoiceBase

The global Automatic Content Recognition market is projected to reach USD 3.62 billion at a CAGR of over 32.4% by the end of the forecast period 2017-2023.

Automatic Content Recognition Market - Overview
Automatic Content Recognition is a recognition technology to identify content engaged on audio, video or any other media file. This allows the users to gain the comprehensive information about the content they had come across without searching through any manual efforts. This technology helps the end-user to use the multimedia applications more effectively and intelligently. The technology also facilitates to harmonize the content related with the existing program which being played in the Smart devices such as Smart TVs, smartphones, tablets, and laptops. However, primarily, digital audio watermarking and digital fingerprinting are the two vital technologies that are considered to be operating ACR technology. Moreover, the ACR energizes range of commercial applications which include TV shows, advertisements, radio, movies and sports & gaming. Additionally, increase implementation of ACR technology in Media & entertainment industry and rising integration of ACR in Smart devices are expected to drive the market over the forecast period. On the flip side, the increased bandwidth associated with server infrastructure are considered to be a major constraint for the ACR market over the forecast period.

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Industry News
January 2018, Xperi Corporation one of the leading innovative technology solutions provider for enhancing the customer experiences and ACRCloud, a Beijing-based audio fingerprinting service provider, had come aligned to integrate ACRCloud music recognition technology into the DTS Connected Radio platform. By this process of strategic partnership, DTS will be able to implement ACRCloud’s technology to recognize audio music being played on music stations in vehicles across the world.

December 2017, Gracenote which offers music, video, and sports content and technologies to the trending entertainment products and brands all over the world would energize music recognition for MixCloud one of the leading and growing digital audio streaming platform. By this process, the Mix cloud would be able to recognize the copyrighted audio content on the music platform to pay back the royalty payments to right bearers.

Automatic Content Recognition Market - Segmentation
Segmentation by Services: Professional Services, Managed Services, and Valued Added Service.
Segmentation by Technology: Acoustic & Digital Video Fingerprinting, Digital Audio, Video & Image Watermarking, Optical Character Recognition, and Speech Recognition
Segmentation by End-user: Media & entertainment, Consumer electronics, E-commerce, Education, Automotive, IT & telecommunication, Healthcare, Defense & public safety, Avionics, and Others
Segmentation by Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Automatic Content Recognition Market - Regional Analysis
North America is expected to dominate the global automatic content recognition market with the largest market share in the region. This is attributed to technological advancement in media and entertainment industry. Additionally, The U.S is expected to be the leading country in the owing to presence of large number of solution providers. Furthermore, Asia Pacific is anticipated to be the fastest growing region is over the forecast period. China, India, and Japan are the leading countries in the region. This is due to increasing awareness among the people and rapid increase in number of smartphone users.

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ACR Market Global Players:
Some of the major players in Global Automatic Content Recognition Market include Arcsoft, Inc. (U.S.), Digimarc Corporation (U.S.), Google, Inc. (U.S.), Microsoft Corporation (U.S.), Nuance communications (U.S.), ACRCloud (China), Audible Magic Corporation (U.S.), Civolution (U.S.), Enswers, Inc. (South Korea), Gracenote, Inc. (U.S.), Mufin GmBH (Germany), Shazam Entertainment Ltd. (U.K.), Vobile, Inc. (U.S.), Voiceinteraction SA (Portugal), Beatgrid Media BV (The Netherlands), Clarifai Inc. (U.S.), DataScouting (Greece), iPharro Media GmbH (Germany), Viscovery Pte Ltd. (Taiwan), and VoiceBace, Inc. (U.S.)among others, are profiled in MRFR Analysis and are at the forefront of competition in the global Automatic Content Recognition market.

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