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The Automatic Content Recognition is gaining substantial traction around the globe due to the constant introduction of new technologies. The widespread use of automatic content identification in smart TVs and other second-screen devices, such as smartphones and wearable, is propelling Automatic Content Recognition Market during the forecast period. The increasing use of automatic content recognition systems in media companies for a variety of applications, like broadcast monitoring, is one of the primary factor that boost the market growth. The media and entertainment, defense and public safety, consumer electronics, e-commerce, education, IT and communications, healthcare, automotive, and aviation industries all use automatic content recognition solutions. The Global Automatic Content Recognition (ACR) Market is projected to grow from USD 1.60 billion in 2020 to USD 5.44 billion by 2028 at a CAGR of 30% during the forecast period.
The rapid deployment of novel automatic content recognition technology in the industry and the rising integration of automatic content recognition in smart TVs, the automatic content recognition market are predicted to develop. LG and Samsung are two companies that have integrated automatic content recognition technology into their Smart TVs. The content stream of what viewers are watching on television may then be monitored by these smart TVs. For instance, Nielsen has completed its acquisition of Grace-note from Tribune Media Services. With this merger, Nielsen gains access to Grace-note's technology and data, this allows users to customize their sports, music, and video consumption experiences.
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A strong research methodology employed in the winning Automatic Content Recognition Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.
The report provides a comprehensive analysis of company profiles listed below:
Digimarc Corporation
Microsoft
Google, Inc.
Nuance Communications, Inc.
ACRCloud
ArcSoft Corporation Limited.
Apple Inc.
IBM Corporation
Audible Magic Corporation.
Gracenote, Inc.
Type Analysis of World Wide Market:
Audio, Video, and Image Recognition
Data Management
Voice & Speech Recognition
Segmentation of global Automatic Content Recognition Market by Application:
Automotive
Information Technology
Education
Telecommunications
Others
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
This Automatic Content Recognition market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
Objectives of the Study
• To define, describe, segment, and forecast the global Automatic Content Recognition Market by technology, size, resolution, application, and region.
• To forecast the size of the Automatic Content Recognition market in North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa.
• To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges).
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market.
• To analyze market opportunities for stakeholders and provide details of the competitive leadership mapping for key players.
• To profile key players in the market and comprehensively analyze their core competencies and market shares.
• To track and analyze competitive developments such as acquisitions, product launches, collaborations, partnerships, agreements and expansions in the market.
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This research report gives detailed data about the major factors influencing the growth of the Automatic Content Recognition market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.