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Global $1.34 Bn Automatic Content Recognition (ACR) Market, Competition, Forecast & Opportunities, 2024 - ResearchAndMarkets.com

March 26, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Mar 26, 2019--The “Global Automatic Content Recognition (ACR) Market By Component, By Technology, By End User, By Region, Competition, Forecast & Opportunities, 2014-2024” report has been added to ResearchAndMarkets.com’s offering.

The global automatic content recognition (ACR) market is projected to exhibit a CAGR of over 29% during the forecast period, growing from $ 1348.98 million in 2018 to $ 6113.73 million by 2024, on account of increasing integration of ACR in wearable devices, smartphones and smart TVs.

Automatic content recognition is a technology used to identify and verify the content present in a media device or played on a media device. Growing deployment of ACR technologies by media companies for audience measurement and broadcast monitoring are driving the global automatic content recognition market. Moreover, the technology assists companies in understanding the behavior of customers. However, the concept of ACR affects consumer privacy and security.

Global Automatic Content Recognition (ACR) Market Segments

Based on the component, the global automatic content recognition market has been bifurcated into solution and service. Solution segment covers a wide variety including audio, video & image recognition, voice & image recognition and real time content analytics, security and copyright management, data management & metadata and others. While service segment can be categorized into professional and managed services. Audio, video & image recognition solution is the leading segment in the ACR market and is likely to continue its dominance during the forecast period, owing to the fact that it helps in identifying all variety of media content in the market. Meanwhile, real time analytics segment is expected to grow at the fastest CAGR during the forecast period, owing to rising need to analyze the gathered data in order to understand consumer behavior.

In terms of technology, the market for automatic content recognition (ACR) can be segmented into acoustic & digital video fingerprinting, digital audio, video & image watermarking, optical character recognition & speech recognition. Market of acoustic & digital video fingerprinting dominated the market and is expected to maintain its dominance till 2024, as it can be easily deployed when compared with other technologies without altering the properties of the media content.

Global Automatic Content Recognition (ACR) Market Regional Insights

Regionally, the market for automatic content recognition (ACR) is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and Middle East & Africa. North America dominates the market, on account of presence of developed media & entertainment industry in the region. Over the coming years, Asia-Pacific automatic content recognition market is anticipated to grow at a high rate, backed by growing adoption of ACR enabled smart devices in economies such as China, India and Australia.

Global Automatic Content Recognition (ACR) Market Competitive Landscape

Some of the major players operating in the global automatic content recognition market include Google Inc., Microsoft Corporation, Nuance Communications, Grace Note Inc, Arcsoft, Inc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. Microsoft Corporation has launched Custom Recognition Intelligence Service (CRIS) to translate speech to text. The tool also helps in customizing speech recognition in noisy environment and assisting person with listening challenges.

Some of the leading players operating in the global automatic content recognition (ACR) market are Google Inc., Microsoft Corporation, Nuance Communications, Grace Note Inc, Arcsoft, Inc.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Global Automatic Content Recognition (ACR) Market Overview

6. Global Automatic Content Recognition (ACR) Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Component

6.2.1.1. Solution (Audio, Video & Image Recognition, Voice & Speech Recognition and Real Time Content Analytics, Security and Copyright Management, Data Management & Metadata and others)

6.2.1.2. Services (Professional and Managed Services)

6.2.2. By Technology (Acoustic & Digital Video Fingerprinting, Digital Audio, Video & Image Watermarking, Optical Character Recognition & Speech Recognition)

6.2.3. By Vertical (Advertising, Media & Entertainment, Consumer electronics, E-commerce, Education, Automotive and Others)

6.2.4. By Company

6.2.5. By Region

6.3. Market Attractiveness Index

6.4. North America: Country Analysis

6.4.1. United States Automatic Content Recognition (ACR) Market Outlook

6.4.2. Canada Automatic Content Recognition (ACR) Market Outlook

6.4.3. Mexico Automatic Content Recognition (ACR) Market Outlook

7. Europe Automatic Content Recognition (ACR) Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Component

7.2.2. By Vertical

7.2.3. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Automatic Content Recognition (ACR) Market Outlook

7.3.2. United Kingdom Automatic Content Recognition (ACR) Market Outlook

7.3.3. France Automatic Content Recognition (ACR) Market Outlook

7.3.4. Italy Automatic Content Recognition (ACR) Market Outlook

7.3.5. Spain Automatic Content Recognition (ACR) Market Outlook

8. Asia-Pacific Automatic Content Recognition (ACR) Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Component

8.2.2. By Vertical

8.2.3. By Country

8.3. Asia-Pacific: Country Analysis

8.3.1. China Automatic Content Recognition (ACR) Market Outlook

8.3.2. Japan Automatic Content Recognition (ACR) Market Outlook

8.3.3. India Automatic Content Recognition (ACR) Market Outlook

8.3.4. South Korea Automatic Content Recognition (ACR) Market Outlook

8.3.5. Australia Automatic Content Recognition (ACR) Market Outlook

9. South America Automatic Content Recognition (ACR) Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Component

9.2.2. By Vertical

9.2.3. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Automatic Content Recognition (ACR) Market Outlook

9.3.2. Argentina Automatic Content Recognition (ACR) Market Outlook

9.3.3. Colombia Automatic Content Recognition (ACR) Market Outlook

10. Middle East and Africa Automatic Content Recognition (ACR) Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Component

10.2.2. By Vertical

10.2.3. By Country

10.3. MEA: Country Analysis

10.3.1. Turkey Automatic Content Recognition (ACR) Market Outlook

10.3.2. South Africa Automatic Content Recognition (ACR) Market Outlook

10.3.3. UAE Automatic Content Recognition (ACR) Market Outlook

10.3.4. Saudi Arabia Automatic Content Recognition (ACR) Market Outlook

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape

13.1. Competition Outlook

13.2. Company Profiles (Partial List of Leading Companies)

13.2.1. Google Inc.

13.2.2. Microsoft Corporation

13.2.3. Nuance Communications, Inc.

13.2.4. Grace Note Inc

13.2.5. Arcsoft, Inc.

13.2.6. Audible Magic Corporation

13.2.7. Digimarc Corporation

13.2.8. ACRCloud

13.2.9. Enswers, Inc

13.2.10. Civolution

14. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/q898bl/global_1_34_bn?w=4

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INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY

SOURCE: Research and Markets

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PUB: 03/26/2019 10:54 AM/DISC: 03/26/2019 10:54 AM

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