According to P&S Intelligence, 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.

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Automatic Content Recognition
Market Size, Share and Demand
Forecast Report, 2024-2030

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The value of the automatic content recognition market stood at USD
2,540.8 million in 2023, and this number is projected to reach USD 5,961.6
million by 2030, advancing at a CAGR of 13.0% during the projection
period.
This growth of the market can be credited to the growing adoption of smart
devices, such as tablets and smartphones. This technology aids operators
to attain the smooth synchronization of information from many devices, by
sharing data on the content being played. This also aids content creators
and advertisers in analyzing viewers’ engagement and providing relevant
content, which eventually advances viewers’ experiences.
Based on component, the solutions category grips the larger industry
share, of 70%, due to the increasing acceptance of internet-connected
audio and video streaming channels. Hardware components the data from
which is collected and studied by ACR solutions comprise smart TVs,
smartphones, laptops, and computers, which capture image, audio, text,
and video content.
The related software utilizes applications on the basis of ML models and AI
algorithms to extract meaningful data, by studying the insightful
information and storing it in safe repositories. The improvements in ML &
AI have led to enhancements in the accuracy and efficacy of ACR systems,
permitting them to understand and identify the content better.
Speech recognition technology grips the largest industry share, propelled
by the increasing acceptance of smart devices throughout the globe to
streamline tasks, get convenient access to content, and remotely control a
variety of house appliances.
The speech recognition tech allows automatic content recognition systems
to classify content, enhance user experiences, modify recommendations,
and provide multilingual backing and real-time processing abilities. Such
solutions also mechanize the devices, by adding voice-activated
functionalities into them.

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In view of its scale and the ability to deal with large amounts of data for
automatic content recognition solutions, Cloud Deployment mode has
acquired a higher market share around the world. Moreover, it allows for
flexibility and facilitates remote access as well as collaboration.
It is also cost-effective to use cloud content recognition solutions since this
mode replaces the need for expensive IT infrastructure. The powerful
processing abilities of cloud-based ACR software provide enhanced
accurateness and speed of automatic content recognition.
In 2023, regionally, the North American region had the largest share, of
45%, in the worldwide industry. This is mainly credited to the rising
acceptance of automatic content recognition solutions & facilities by
numerous sectors in the continent, with the growing expenditure in
progressive technologies, like AI/ML, IoT, and big data analytics.
Hence, this growth of the market can be credited to the growing adoption
of smart devices, such as tablets and smartphones.
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recognition-acr-market/report-sample
Global Automatic Content Recognition Market Key Players Are:
• Apple Inc.
• Beatgrid Media B.V.
• Google Inc.
• IBM Corporation
• Kudelski S.A.
• Microsoft Corporation
• mufin GmbH
• Nuance Communications Inc.
• Samba TV Inc.
• Samsung Electronics Co. Ltd.
Market Size Breakdown by Segment
By Component
• Solutions

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• Audio
• Video
• Text
• Image
• Services
• Professional services
• Managed services
By Technology
• Audio and Video Fingerprinting
• Audio and Video Watermarking
• Optical Character Recognition
• Speech Recognition
By Platform
• Linear TV
• Connected TV
• OTT
By Deployment Mode
• Cloud
• On Premises
By Organization Type
• Small & Medium Enterprises
• Large Enterprises
By Application
• Advertisement Targeting & Pricing
• Audience Segmentation & Measurement
• Broadcast Monitoring
• Content Filtering
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analysis/automatic-content-recognition-acr-market
By End User
• Automotive
• BFSI
• Consumer Electronics
• Education
• Government & Defense
• Healthcare

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• IT & Telecommunications
• Media & Entertainment
• Retail & E-Commerce
Geographical Analysis
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
• Asia-Pacific
o China
o Japan
o Australia
o India
o South Korea
• Latin America
o Brazil
o Mexico
• Middle East & Africa
o Saudi Arabia
o South Africa
o U.A.E.

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