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Automatic Content Recognition Market Size, Share Global Analysis Report, 2021 – 2026
Automatic Content Recognition Market: By Solution (Audio, Video, And Image Recognition, Voice & Speech Recognition, Real Time Content Analytics, Data Management & Metadata, Content Aggregation, Processing, Filtering, And Enhancement, Encoding & Transcoding Solution, Media Synchronization, & Audience Management), By Technology (Digital Audio, Video & Image Watermarking, Optical Character Recognition, Speech Recognition, & Others), By Industry Verticals (Media & Entertainment, Consumer Electronics, E-Commerce, Education, Automotive, IT & Telecommunication, Healthcare, Defense & Public Safety, Avionics, & Others), And By Regions ¬ Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026
Industry Insights
We at Facts & Factors have recently published a report titled “Global Automatic Content Recognition Market” that encompasses the spectacle of the market in an analytical and comprehensive manner. In this study, the market is projected to reach USD 3.2 Billion by 2026 from an initial value of USD 1.1 Billion in the year 2020 at a CAGR value of 22.7%.
Market Overview
Automatic content recognition or ACR is the method of identification technology that is used for verifying the content that is played on a mobile device. The current generation of ACR technology have the ability to support enabled users to quickly glance over the context of the content being played without any added efforts. Automatic content recognition implements a solution for different brands to lock viewers on a second screen.
Industry Growth Factors
The global automatic content recognition market is occupied by contributing factors such as rising integration of ACR technology into smart TVs and second screens in the form of smartphones and wearables coupled with increasing deployment of ACR by social media companies for applications such as broadcast monitoring and audience management tools to name a few.
Additionally, a rising consumer electronic segment coupled with rising technological advancements owing to increasing consumer awareness will increase the footprint of the global automatic content recognition market during the advent of the forecast period. Moreover, a rising trend of portable device coupled with increasing demand for interlinking applications, content, devices, and viewers will boost the growth of the global automatic content recognition market during the advent of the forecast period.
The global automatic content recognition market will be driven by rising demand for personalized content from users coupled with increasing media disruptions solutions in the form of rising mobile and TV gadgets to name a few. The increasing integration of ACR technology into video broadcasting and video on demand services coupled with integration of AI & IoT will boost the fuel of the global automatic content recognition market during the advent of the forecast period. However, increasing technical complexities coupled with rising implantation costs will decrease the growth of the global automatic content recognition market during the advent of the forecast period.
Key Insights from Primary Research
- As per our primary respondents, the global automatic content recognition market is set to grow annually at a rate of around 35%.
- It was established through primary research that the global Commercial cooking equipment market was valued at around USD 1600 Million in 2019.
- The “Acoustic & Digital Video Fingerprinting” category, on the basis of technology segmentation, was the leading revenue-generating category accounting for around 40% share, in 2019.
- On the basis of type segmentation, the “Technology” category held the leading share at more than 60%, in 2019.
- Based on the service segmentation, Professional Services is expected to account for the revenue share of around 35%, in 2019 in the target market.
- Based on the region, North America is expected to account for the revenue share of around 35%, in 2019 in the target market.
Key Recommendations from Analysts
- As per our analysis, the global automatic content recognition is growing at high CAGR and various end-use industries are aware of this potential market and applications of the progressive web application.
- Growing at a CAGR around 32 %, the global global automatic content recognition market provides numerous opportunities for all of the involved stakeholders across the entire value chain.
- Our analysts have identified Acoustic & Digital Video Fingerprinting and Professional Services are dominating segments for global automatic content recognition market in terms of technology and services segmentations respectively.
- As per our analysts, global automatic content recognition North America is expected to account for the revenue share of around 40%, in the target market.
Segmentation Analysis
The global automatic content recognition market is segmented into solution, technology, industry vertical, and region.
On the basis of solution, the global automatic content recognition market is divided into audio, video, and image recognition, voice & speech recognition, real time content analytics, data management & metadata, content aggregation, processing, filtering, and enhancement, encoding & transcoding solution, media synchronization, and audience management. The audio, video, and image recognition segment is expected to witness the largest market share during the advent of the forecast period owing to rising analytical requirements from users for understanding consumer behavior patterns coupled with increasing amount of online content from video on demand services to name a few.
On the basis of technology, the global automatic content recognition market is fragmented into digital audio, video & image watermarking, optical character recognition, speech recognition, and others. The digital audio, video, and image watermarking category is expected to witness the largest market share during the advent of the forecast period owing to rising need for companies and firms needing to gather and analyze consumer data coupled with rising demand for identifying analytics from social media platforms to name a few.
On the basis of industry vertical, the global automatic content recognition market is divided into media & entertainment, consumer electronics, e-commerce, education, automotive, IT & telecommunication, healthcare, defense & public safety, avionics, and others. The segment pertaining to consumer electronics segment is expected to witness the largest market share during the advent of the forecast period owing to rising implementation of ACR by embedding technology in the latter coupled with increased integration into TVs and mobile handsets to name a few.
Regional Analysis
North America is expected to witness the largest market share during the advent of the forecast period owing to an early adoption of the latter technology coupled with a well-established media and entertainment sector to name a few.
Additionally, the ongoing pandemic has forced people to follow social distancing measures and the extension of lockdown protocols has increased the consumption of online content. These factors have pushed the existing boundaries of the automatic content recognition market in the region to new horizons. Asia-Pacific is expected to witness the largest market share during the advent of the forecast period owing to rising number of ACR embedded smart devices in the region coupled with rising technological adoption to name a few.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 1,700 Million |
Projected Market Size in 2026 |
USD 12,700 Million |
CAGR Growth Rate |
30% CAGR |
Base Year |
2019 |
Forecast Years |
2021-2026 |
Key Market Players |
Gracenote Inc., Audible Magic Corporation, ACRCloud, muffin GmbH, Beatgrid Media B.V, Arcsoft Inc., Microsoft Corporation, Digimarc Corporation, Google Inc., and Nuance Communications, Inc. |
Key Segment |
By Type, By Technology, By Service, By Application, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Competitive Players
- ArcSoft Inc.
- Digimarc Corporation
- Google Inc.
- Microsoft Corporation
- Nuance Communications
- ACRCloud
- Beatgrid Media B.V.
- Enswers Inc.
- Audible Magic Corporation
- Civolution
- Gracenote Inc.
- Apple Inc. (Shazam Entertainment Ltd.)
- Vobile Inc.
By Solution Segment Analysis
- Audio, Video, And Image Recognition
- Voice & Speech Recognition
- Real Time Content Analytics
- Data Management & Metadata
- Content Aggregation
- Processing, Filtering, And Enhancement
- Encoding & Transcoding Solution
- Media Synchronization
- Audience Management
By Technology Segment Analysis
- Digital Audio, Video & Image Watermarking
- Optical Character Recognition
- Speech Recognition
- Others
By Industry Verticals Segment Analysis
- Media & Entertainment
- Consumer Electronics
- E-Commerce
- Education
- Automotive
- IT & Telecommunication
- Healthcare
- Defense & Public Safety
- Avionics
- Others
By Regional Segment Analysis
- North America
- U.S.
- Canada
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Table of Content
Industry Major Market Players
- ArcSoft Inc.
- Digimarc Corporation
- Google Inc.
- Microsoft Corporation
- Nuance Communications
- ACRCloud
- Beatgrid Media B.V.
- Enswers Inc.
- Audible Magic Corporation
- Civolution
- Gracenote Inc.
- Apple Inc. (Shazam Entertainment Ltd.)
- Vobile Inc.
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