Global Automatic Content Recognition Market Growth (Status and Outlook) 2023-2029
Automatic content recognition (ACR) is an identification technology to recognize content played on a media device or present in a media file. Devices containing ACR support enable users to quickly obtain additional information about the content they have just experienced without any user-based input or search efforts.
LPI (LP Information)' newest research report, the “Automatic Content Recognition Industry Forecast” looks at past sales and reviews total world Automatic Content Recognition sales in 2022, providing a comprehensive analysis by region and market sector of projected Automatic Content Recognition sales for 2023 through 2029. With Automatic Content Recognition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automatic Content Recognition industry.
This Insight Report provides a comprehensive analysis of the global Automatic Content Recognition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automatic Content Recognition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automatic Content Recognition market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic Content Recognition and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automatic Content Recognition.
The global Automatic Content Recognition market size is projected to grow from US$ 1510.2 million in 2022 to US$ 4825 million in 2029; it is expected to grow at a CAGR of 18.1% from 2023 to 2029.
North America is expected to account for the largest share of the overall automatic content recognition market in 2018 due to technological advancement and developed media & entertainment industry in the region. Europe stands second in terms of market share. APAC is the fastest growing region during the forecast period. The high growth rate in APAC is attributed to the increasing technological adoption and growing number of ACR technology enabled smart devices in countries such as China, Japan, Australia, and India.
This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Content Recognition market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Acoustic & Digital Video Fingerprinting
Digital Audio, Video & Image Watermarking
Optical Character Recognition
Speech Recognition
Segmentation by application
Consumer Electronics
E-Commerce
Education
Automotive
IT & Telecommunication
Healthcare
Defense & Public Safety
Avionics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Arcsoft
Digimarc
Google
Microsoft
Nuance Communications
ACR Cloud
Audible Magic
Civolution (Kantar Media)
Enswers
Gracenote
Mufin
Shazam Entertainment
Vobile
Voiceinteraction
Beatgrid Media
Please note: The report will take approximately 2 business days to prepare and deliver.
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