Industry Insights
This professional and specialized report study examines the technical and business perspective of the automatic content recognition industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the automatic content recognition market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall automatic content recognition market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the automatic content recognition market in our study.
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the automatic content recognition market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the automatic content recognition market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the automatic content recognition market.
The research study provides a critical assessment of the automatic content recognition industry by logically segmenting the market on the basis of Type, Application, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the automatic content recognition industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The market for automatic content recognition is anticipated to grow due to the rapid deployment on the marketplace of innovative ACR technology and the increasing integration of ACR into smart televisions. Many organizations have introduced automatic content recognition into their Smart televisions. Many big giant companies are entering into the ACR industry. ACR has the ability to renovate Television-viewing analytics. The growing collaboration of ACR technology in the media industry and content providers will open up opportunities for determining the viewer's engagement and cross-promotion. Additionally, ACR gives enormous opportunities to companies to raise their television promotions to digital form, and measure engagement, and effectiveness of promotions, which are not directed through all platforms.
The major constraints for the growth of the ACR industry are security and privacy. Moreover, due to these privacy concerns, many television companies are providing an alternative to manually switch off the Television snooping feature.
Different revenue-generating advantages that ACR brings together a convergence of the internet of things (IoT) and big data analytics into ACR technology to the television community. This is some factors which are expected to bring new opportunity for ACR industry in the future.
The automatic content recognition market is segmented based on Type (Technology, and Service), and By technology (Video & Image Watermarking, Acoustic & Digital Video Fingerprinting, Speech Recognition, Digital Audio, and Others), and Service (Professional Services, Managed Services, and Value-Added Services), and By (Automotive, IT & Telecommunication, Media and Entertainment, Defense & Public Safety, Consumer Electronics, Education, Healthcare, and Others).
Some of the essential players operating in the automatic content recognition market Gracenote Inc., Audible Magic Corporation, ACRCloud, muffin GmbH, Beatgrid Media B.V, Arcsoft Inc., Microsoft Corporation, Digimarc Corporation, Google Inc., and Nuance Communications, Inc
The taxonomy of the automatic content recognition market by its scope and segmentation is as follows:
Global Automatic Content Recognition Market: Type Analysis
- Technology
- Service
Global Automatic Content Recognition Market: Technology Analysis
- Acoustic & Digital Video Fingerprinting
- Digital Audio, Video & Image Watermarking
- Speech Recognition
- Others
Global Automatic Content Recognition Market: Service Analysis
- Professional Services
- Managed Services
- Value-Added Services
Global Automatic Content Recognition Market: Application Analysis
- Media & Entertainment
- Consumer Electronics
- Education
- Automotive
- IT & Telecommunication
- Healthcare
- Defense & Public Safety
- Others
Global Automatic Content Recognition Market: Regional Segment Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:
- Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
- Direct and Indirect Rationales Impacting the Industry
- In-depth and Micro Analysis of Viable Segments and Sub-segments
- Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
- Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
- Key Buyers and End-Users Analysis
- Value Chain and Manufacturing Cost Structure Analysis wherever relevant
- Key Marketing Strategies as well as Key Sales Channels adopted in the market
- Investment Opportunity Analysis & Patents Analysis wherever feasible
- Technological Road Map & Technical Analysis
- Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)
Table of Content
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.
Industry Major Market Players
- Gracenote Inc.
- Audible Magic Corporation
- ACRCloud, muffin GmbH
- Beatgrid Media B.V
- Arcsoft Inc.
- Microsoft Corporation
- Digimarc Corporation
- Google Inc.
- Nuance Communications Inc.
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