The automatic content recognition market size is estimated to grow from USD 0.94 billion in 2016 to USD 3.57 billion by 2021, at a CAGR of 30.6% due to the increasing integration of ACR in smart TVs, and second screen devices such as smartphones and wearables, and increasing deployment of ACR technologies by media companies for applications such as broadcast monitoring and audience measurement.
In 2016, audio, video, and image recognition solution is expected to dominate the solution segment in the ACR market as it is the most sought after solution, which helps in identifying all types of media content in the ACR market. Consumer electronics is the fastest-growing vertical in this market as the electronics manufacturing companies are increasingly embedding ACR technology in the smart devices such as TVs and mobile handsets. Professional services commands the major share in ACR services market as these services are necessary for the successful implementation of ACR platforms and technologies.
North America is expected to hold the largest market share of the ACR market in 2016 due to developed media & entertainment industry in the region. APAC is expected to have the highest growth rate during the forecast period attributing to the increasing technological adoption and growing number of ACR technology enabled smart devices in countries such as China, Japan, Australia, and India.
Beatgrid Media Bv.
Civolution (Kantar Media)
Ipharro Media GmbH
Nuance Communications, Inc.
Shazam Entertainment Ltd.
Viscovery Pte Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Automatic Content Recognition Market Overview
6 Automatic Content Recognition Market: Industry Trends
7 Automatic Content Recognition Market Analysis, By Type
8 Automatic Content Recognition Market Analysis, By Technology
9 Automatic Content Recognition Market Analysis, By Vertical