TMCnet News

Automatic Content Recognition Market Size is Projected To Reach USD 4879.5 Million By 2028, at a CAGR of 17.4% - Valuates Reports
[July 27, 2022]

Automatic Content Recognition Market Size is Projected To Reach USD 4879.5 Million By 2028, at a CAGR of 17.4% - Valuates Reports


BANGALORE, India, July 27, 2022 /PRNewswire/ -- Automatic Content Recognition Market is Segmented by Type - Acoustic & Digital Video Fingerprinting, Digital Audio, Video & Image Watermarking, Optical Character Recognition, Speech Recognition, by Application - Consumer Electronics, E-Commerce, Education, Automotive, IT & Telecommunication, Healthcare, Defense & Public Safety, Avionics, Others. Global Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Business Services Category.

Valuates Reports Logo

The global Automatic Content Recognition market size is projected to reach USD 4879.5 million by 2028, from USD 1543.8 million in 2021, at a CAGR of 17.4% during 2022-2028.

Major Factors Driving The Growth of The Automatic Content Recognition Market

The rising integration of ACR in smart TVs, mobile phones, and wearables along with increasing deployment by media firms for broadcast monitoring and audience measurement will fuel the growth of the market.

Artificial intelligence, NLP, and machine learning technologies will boost market expansion during the forecast period.

Browse The Table of Contents And List of Figures At https://reports.valuates.com/market-reports/QYRE-Auto-0N3010/global-automatic-content-recognition

TRENDS INFLUENCING THE GROWTH OF THE GLOBAL AUTOMATIC CONTENT RECOGNITION MARKET

The demand for customized content is booming. Electronic manufacturing corporations are embedding ACR technology in smart TVs and mobile handsets. It presents viewers with content that is synced with the TV program thereby enabling networks to measure a specific show's audience viewership in real-time. As a result, the Automatic Content Recognition Market is expected to rise in the coming years. It operates by leaving a digital mark on the television screen. The given information can then be used to identify the on-screen content and to sync with other ACR-enabled devices such as tablets, laptops, etc.

Streaming service providers are using ACR technology to track what people watch within their services. This is crucial for measuring viewership, and ad performance, providing targeted ads and personalizing content recommendations. The tracking takes place across any programming and ads played on connected TV platforms including set-up boxes and Blu-ray players. The stored data is used by an advertiser to gauge the overlap of people who saw an ad on traditional TV versus streaming. The amount of time a particular viewer sees a particular campaign in a single week. This aids in building profiles of audiences who are inclined towards watching a specific show. The need for audience data will drive the growth prospects of the Automatic Content Recognition Market. Connecting ACR data determines how many end users purchased the advertised product or visited the advertiser's website.

AI, ML, and NLP technologies are being deployed to analyze an ample amount of data in real-time. Physical segments in the content do not appear at standard time intervals in all programming. This entails a lot of manual effort for broadcasters and content owners. AI-built software sets up content recognition models for identifying physical segments with exact frame accuracy. This will present lucrative opportunities for the Automatic Content Recognition Market.  In addition to it, computer vision and convolutional neural networks use automated techniques to recognize color bars, black slates, precaps, recaps, credits, disclaimers, promos, and commercials. Automation eliminates the chance of human errors, shortens turnaround time, and lowers the total cost of operation.

The covid 19 pandemic negatively impacted industries such as media, entertainment, and electronics. Temporary shutdowns hampered the overall production capability. However, the rapid use of consumer goods during the impending lockdown resulted in the positive growth of the market.

Get Your Sample Today: https://reports.valuates.com/request/sample/QYRE-Auto-0N3010/Global_Automatic_Content_Recognition_Market

AUTOMATIC CONTENT RECOGNITION MARKET SHARE ANALYSIS

Based on type, the acoustic and digital video fingerprinting segment is expected to dominate in the automatic content recognition market share owing to large scale adoption of ML technologies for faster extraction of data. It is easy to use, accurate, and decreases the cost of operations.

Based on application, the consumer electronics segment will be the most lucrative during the forecast period as electronic companies are increasingly embedding ACR solutions into smart TVs and mobile handsets.

Based on region, North America is expected to account for the largest market share due to rising technological advancements and a well-established media and entertainment industry. Europe is the second largest in terms of market share. While Asia-pacific will grow the fastest due to the expansion of ACR-enabled devices in countries like China, Japan, Australia, and India.

Inquire For Customization : https://reports.valuates.com/request/customisation/QYRE-Auto-0N3010/Global_Automatic_Content_Recognition_Market

Market By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa



Inquire For Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-0N3010/Global_Automatic_Content_Recognition_Market

Key players


  • Arcsoft
  • Digimarc
  • Google
  • Microsoft
  • Nuance Communications
  • ACR Cloud
  • Audible Magic
  • Civolution (Kantar Media)
  • Enswers
  • Gracenote
  • Mufin
  • Shazam Entertainment
  • Vobile
  • Voiceinteraction
  • Beatgrid Media

Inquire For Chapter Cost: https://reports.valuates.com/request/chaptercost/QYRE-Auto-0N3010/Global_Automatic_Content_Recognition_Market

Buy Now for Single User + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-0N3010&lic=single-user

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

SIMILAR REPORTS

-  The global Text-to-Speech market size is projected to reach USD 5790.1 million by 2028, from USD 2543.1 million in 2021, at a CAGR of 12.3% during 2022-2028.

-  The Global Natural Language Processing (NLP) market size is projected to reach USD 3081.5 million by 2028, from USD 843 million in 2021, at a CAGR of 20.1% during 2022-2028.

-  The global Automatic Content Recognition market size is projected to reach USD 4879.5 million by 2028, from USD 1543.8 million in 2021, at a CAGR of 17.4% during 2022-2028.

-  The global Machine Translation market size is projected to reach USD 1627.5 million by 2028, from USD 718.9 million in 2021, at a CAGR of 12.2% during 2022-2028.

-  The global Audio Digital Signal Processor market was valued at USD 7561 million in 2020 and it is expected to reach USD 7836.4 million by the end of 2027, growing at a CAGR of 0.3% during 2021-2027.

Global Video Conferencing Market Insights, Forecast to 2028

-  The global Web Conferencing market size is projected to reach USD 6848.8 million by 2028, from USD 3876.3 million in 2021, at a CAGR of 8.0% during 2022-2028.

-  The global Smart Home market size is projected to reach USD 117820 million by 2027, from USD 72040 million in 2020, at a CAGR of 6.8% during 2021-2027.

-  The global Video Surveillance As A Service (VSaaS) market size is projected to reach USD 6248.8 million by 2028, from USD 2661.4 million in 2021, at a CAGR of 12.5% during 2022-2028.

-  The global video analytics market size was valued at USD 4,102.0 million in 2019 and is projected to reach USD 21,778.0 million by 2027, registering a CAGR of 22.7% from 2020 to 2027.

-  The global SVOD market size is projected to reach USD 115,153.76 million by 2028, from USD 62,812.48 million in 2021, at a CAGR of 9.16% during 2022-2028.

-  The global artificial intelligence market size was valued at USD 65.48 billion in 2020, and is projected to reach USD 1,581.70 billion by 2030, growing at a CAGR of 38.0% from 2021 to 2030.

-  The global Deep Learning market size is projected to reach USD 11910 million by 2028, from USD 2671.2 million in 2021, at a CAGR of 23.6% during 2022-2028.

-  The global conversational AI market size was valued at USD 5.78 billion in 2020 and is projected to reach USD 32.62 billion by 2030, registering a Compound Annual Growth Rate (CAGR) of 20.0% from 2021 to 2030.

-  The global Chatbots market size is projected to reach USD 3892.1 Million by 2027, from USD 1079.9 Million in 2020, at a CAGR of 20.0% during 2021-2027.

-  The intelligent virtual assistant market size was valued at USD 3,442 Billion in 2019, and is projected to reach USD 44,255 Billion by 2027, growing at a CAGR of 37.7% from 2020 to 2027.

Global Content Recognition Market Insights and Forecast to 2028

-  The global Volumetric Video market size is projected to reach USD 1852.3 Million by 2026, from USD 592.5 Million in 2020, at a CAGR of 20.9% during 2021-2026.

-  The global Digital Content market size is projected to reach USD 241650 Million by 2027, from USD 161540 Million in 2020, at a CAGR of 5.9% during 2021-2027.

-  The global intelligent document processing (IDP) market is expected to grow from USD 860 Million in 2021 to USD 4.15 Billion in 2026 at a CAGR of 37%.

-  The global Biometrics market size is projected to reach USD 39030 million by 2028, from USD 15900 million in 2021, at a CAGR of 13.2% during 2022-2028.

-  The global Face Recognition Systems market size is projected to reach USD 1863.4 Million by 2027, from USD 784.3 Million in 2020, at a CAGR of 13.2% during 2021-2027.

-  The global Captioning and Subtitling Solution market size is projected to reach USD 476.9 million by 2028, from USD 282 million in 2021, at a CAGR of 7.7% during 2022-2028.

-  The global AI Governance market size is projected to reach USD 116.3 million by 2028, from USD 23 million in 2021, at a CAGR of 25.1% during 2022-2028.

-  The global Edge Computing market size is projected to reach USD 55930 million by 2028, from USD 8237 million in 2021, at a Compound Annual Growth Rate (CAGR) of 31.1% during 2022-2028.

-  The global Cloud Computing market size is projected to reach USD 611170 million by 2027, from USD 97010 million in 2020, at a CAGR of 29.2% during 2021-2027.

Similar Reports related to Automatic Content Recognition Market

About Us:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

Contact Us: 
Valuates Reports 
[email protected] 
For U.S. Toll-Free Call 1-(315)-215-3225 
For IST Call +91-8040957137 
WhatsApp: +91-9945648335 
Website: https://reports.valuates.com 
Twitter - https://twitter.com/valuatesreports

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg 

Cision View original content:https://www.prnewswire.com/news-releases/automatic-content-recognition-market-size-is-projected-to-reach-usd-4879-5-million-by-2028--at-a-cagr-of-17-4---valuates-reports-301594030.html

SOURCE Valuates Reports


[ Back To TMCnet.com's Homepage ]