Automatic Content Recognition Market Trends Segment Analysis and Future Scope

1. Automatic Content Recognition Market is Led by the Speech Recognition Technology 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. The automatic content recognition market made a total revenue of USD 2,540.8 million in 2023, and it will reach USD 5,961.6 million by 2030, with a rate of 13% by the end of this decade. Get the sample pages of this report: analysis/automatic-content-recognition-acr-market/report-sample This industry is powered by the increasing acceptance of smart devices, such as tablets and smartphones. This tech helps users attain the seamless synchronization of data from numerous devices, by sharing info on the content being played. This additionality helps content creators and promoters analyze viewers’ engagement and offer the applicable content, which eventually improves the experiences of the viewers’ experiences. Based on component, the solutions category had the larger share, of 70%, because of the increasing acceptance of internet-connected video and audio streaming platforms. Hardware components the data from which is collected and analyzed by ACR solutions comprise of computers, smartphones, laptops, and smart TVs, which capture video, audio text, and image content. The related software makes use of applications on the basis of ML models and AI algorithms to extract meaningful info, by analyzing the astute data, and store it in secure sources. The progressions in ML and AI have led to enhancements in the accurateness and efficacy of ACR systems, letting them to comprehend and identify the content in a better way. The speech recognition technology leads the automatic content recognition market, driven by the increasing acceptance of smart devices globally to simplify tasks, get easy access to content, and remotely control various home appliances. The speech recognition technology allows automatic content recognition systems to classify content, enhanced user experiences, personalize recommendations, and provide multilingual support and instantaneous processing competences. These solutions likewise automate the devices, by incorporating voice-activated functionalities into them. The advertisement targeting & pricing category is having a rapid growth in the application segment. By the application of ACR technologies for targeted advertisements and pricing, corporations can advance their audience segmentation by examining viewer experiences on the basis of their preferences and behaviors. This eventually lets them to reach the correct audience with tailored ads or provide the best pricing deal. https://www.psmarketresearch.com/market- 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. North America was the leader of the pack, with a share of 45%, in 2023, in the industry. This has a lot to do with the rising acceptance of automatic content recognition solutions & services by more than a few industries, with the growing investments in cutting-edge technologies, for example ML/AI, IoT, and big data analytics. Browse the full report at: https://www.psmarketresearch.com/market-analysis/automatic-content- recognition-acr-market Furthermore, the existence of a extremely developed media & entertainment sector, content creators, broadcasters, leading streaming platforms, and global players power the growth of the industry. Additionally, smart gadgets have observed high sales recently, which eventually drives the industry by allowing companies to make use of ACR solutions to amass data on consumption of content for analysis. Due to the rising adoption of smart devices, the demand for automatic content recognition is on the rise. This trend will continue in the future as well. The research offers the size of the Automatic Content Recognition Market for the period 2017–2030. Market Segmentation by Component •Solutions oAudio oVideo oText oImage •Services oProfessional services o Managed services Market Segmentation by Technology •Audio and Video Fingerprinting •Audio and Video Watermarking 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. •Optical Character Recognition •Speech Recognition •Others Market Segmentation by Platform •Linear TV •Connected TV •OTT •Others Market Segmentation by Deployment Mode •Cloud •On Premises Market Segmentation by Organization Type •Small & Medium Enterprises •Large Enterprises Market Segmentation by Application •Advertisement Targeting & Pricing •Audience Segmentation & Measurement •Broadcast Monitoring •Content Filtering •Others Market Segmentation by End User •Automotive •BFSI •Consumer Electronics •Education •Government & Defense •Healthcare •IT & Telecommunications •Media & Entertainment •Retail & E-Commerce 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

5. •Others Market Segmentation by Region •North America Automatic Content Recognition Market oBy component oBy technology oBy platform oBy deployment mode oBy organization type oBy application oBy end user oBy country – U.S. and Canada •Europe Automatic Content Recognition Market oBy component oBy technology oBy platform oBy deployment mode oBy organization type oBy application oBy end user oBy country – Germany, U.K., France, Italy, Spain, and Rest of Europe •Asia-Pacific (APAC) Automatic Content Recognition Market oBy component oBy technology oBy platform oBy deployment mode oBy organization type oBy application oBy end user oBy country – Japan, China, India, South Korea, Australia, and Rest of APAC •Latin America (LATAM) Automatic Content Recognition Market 5 © Prescient & Strategic Intelligence Private Limited. All rights reserved

6. oBy component oBy technology oBy platform oBy deployment mode oBy organization type oBy application oBy end user oBy country – Brazil, Mexico, and Rest of LATAM •Middle East and Africa (MEA) Automatic Content Recognition Market oBy component oBy technology oBy platform oBy deployment mode oBy organization type oBy application oBy end user oBy country – Saudi Arabia, South Africa, U.A.E., and Rest of MEA 6 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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