Global Automatic Content Recognition Market Size study, By Component (Software, Services), By Technology (Audio and Video Watermarking, Audio and Video Fingerprinting, Speech Recognition, Optical Character Recognition, Other Technologies), By Deployment M

Global Automatic Content Recognition Market Size study, By Component (Software, Services), By Technology (Audio and Video Watermarking, Audio and Video Fingerprinting, Speech Recognition, Optical Character Recognition, Other Technologies), By Deployment Mode (Cloud, On-premises), By Application (Audience Segmentation & Measurement, Broadcast Monitoring, Advertisement Targeting & Pricing, Content Filtering, Other applications), By End User (Media & Entertainment, Consumer Electronics, Retail & E-commerce, IT & Telecommunication, Other Verticals), and Regional Forecasts 2022-2028

Global Automatic Content Recognition Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Automatic content recognition is a novel technology for analyzing data on a media device or within a media file. This method uses algorithms to evaluate and route information with pictures, audio, and video characteristics using real-time data. The surging demand for smart devices and content streaming services, rising penetration of speech and voice recognition technology in smart appliances, coupled with the growing deployment of automatic content recognition technologies by media & entertainment are the major factors propelling the market demand across the globe. For instance, as per Statista, in 2020, the total consumer expenditure on a smart home-related device globally is accounted for USD 86 billion, and the amount is likely to grow and reach USD 173 billion by 2025. Thereby, the rising adoption of the smart device by the population is fueling the demand for automatic content recognition, which, is bolstering the market growth in the impending years. However, overcoming loopholes in automatic content recognition technologies and rising concerns for data security impede the growth of the market over the forecast period of 2022-2028. Also, the growing adoption of AI, ML, and NLP technologies and evolving concept of contextual advertising, contextual commerce, enhanced contextual experiences, and spoiler-proof social feeds are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Automatic Content Recognition Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising penetration of speech and voice recognition technology in smart appliances and thriving growth of the media and entertainment industry. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing disposable income, as well as the growing popularity of BYOD technology, would create lucrative growth prospects for the Automatic Content Recognition Market across the Asia-Pacific region.

Major market players included in this report are:
Microsoft Corporation
IBM Corporation
Google
Apple
KT Corporation
Kudelski Group
VoiceBase
Beatgrid Media BV
DataScouting
Viscovery Pte Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product Components of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Software
Services
By Technology:
Audio and Video Watermarking
Audio and Video Fingerprinting
Speech Recognition
Optical Character Recognition
Other Technologies
By Deployment Mode:
Cloud
On-premises
By Application:
Audience Segmentation & Measurement
Broadcast Monitoring
Advertisement Targeting & Pricing
Content Filtering
Other applications
By End-User:
Media & Entertainment
Consumer Electronics
Retail & E-commerce
IT & Telecommunication
Other Verticals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Automatic Content Recognition Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Microsoft Corporation
IBM Corporation
Google
Apple
KT Corporation
Kudelski Group
VoiceBase
Beatgrid Media BV
DataScouting
Viscovery Pte Ltd

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.