[February 12, 2018]

Global Automatic Content Recognition (ACR) Market 2017-2023 - Market to Grow at an Attractive CAGR of 30.71% - ResearchAndMarkets.com

The "Global Automatic Content Recognition (ACR) Market Insights, Opportunity, Analysis, Market Shares and Forecast 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.

Global automatic content recognition market is anticipated to grow with an attractive CAGR of 30.71% during 2016-2023.

There are many of the major drivers which are enhancing the global automatic content recognition market such as raising deployment of ACR technologies in media & entertainment industry, growing integration of ACR in second screen devices such as smartphones and wearables, increasing demand of smart TVS and technological advancements.

Currently, North America is accounted to be the largest market share for automatic content recognition market due to technological advancement and developed media & entertainment industry in the region. Apart from this, Asia-Pacific is the most significant high growth market due to increasing massive growth of consumer electronics segment especially in China, India, Thailand and other countries which is anticipated to urge the growth of automatic content recognition in this region.

There are many of the key manufacturing companies engaged in the automatic content recognition market which are Arcsoft Inc. (U.S.), Google Inc. (U.S.), Microsoft (News - Alert) Corporation (U.S.), ACRCloud (China) and others. New collaborative developments and new product techniques are some strategic initiatives taken by the industries to gain competitive advantage in the market.

Market Dynamics

Drivers

• Rising Deployment of ACR in Media & Entertainment Industry
• Growing Integration of ACR in Smartphones and Wearable Devices
• Increasing Demand of Smart TV
• Technological Advancements
  

Restraints

• Privacy and Security Constraints
• Additional Bandwidth (News - Alert) and Large Server Infrastructure Required for Applying ACR
  

Opportunities

• Integration of IoT, Analytics and AI With ACR
• The Developing Concept of Contextual Commerce
  

Challenges

• Technological Challenges and Complexity of Devising Content Recognition Algorithms

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

• ACRcloud
• Arcsoft Inc.
• Audible Magic (News - Alert) Corporation
• Civolution
• Clarifai Inc.
• Datascouting
• Digimarc Corporation
• Enswers Inc.
• Google Inc.
• iPharro Media GmbH
• Microsoft Corporation
• Nuance Communications (News - Alert)
• Samsung
• Vobile Inc.
• Voicebase Inc.

For more information about this report visit https://www.researchandmarkets.com/research/n5b8k5/global_automatic?w=4

View source version on businesswire.com: http://www.businesswire.com/news/home/20180212005591/en/

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