ID: MRFR/ICT/0701-HCRR | July, 2017 | Region: Global | 110 pages | Half-Cooked Research Reports
Global Automatic Content Recognition Market, by Technology (Speech recognition, Digital watermark, Passive fingerprinting), by Application (Industrial, Media & Entertainment, Game industry, Education, Advertising) - Forecast 2022
Market Synopsis of Automatic Content Recognition Market
The major growth driver of Automatic Content Recognition Market includes growing consumer electronics and wearable device market, rise in deployment of automatic content recognition in media & entertainment industries, and growing digital technology among others.
Hence the market for Automatic Content Recognition is expected to grow at 7% CAGR (2016-2022).
However, technology limitation and lack of awareness about the technology is one of the factors which are hindering the growth of Automatic Content Recognition Market.
Objective Study of Automatic Content Recognition Market:
Global Automatic Content Recognition Market can be segmented as follows:
Segmentation by Technology: Passive fingerprinting, speech recognition and digital watermarks.
Segmentation by Applications: Broadcast industry, Media & Entertainment, Advertising, Industrial, Game industry, consumer electronics, and Education among others.
Regional Analysis of Automatic Content Recognition Market:
North America is dominating the market of Global Automatic Content Recognition due to the growing media industry in U.S. and Canada. High development in the journalism industry and growing gaming industry is also few of the major factor driving the market in North America. Europe stands as second biggest market due to the high demand for consumer electronic products and growing education sector. Asia Pacific has emerged as fastest growing market which is supported by the factor such as rich presence of manufacturing companies in China, Japan and South Korea.
Some of the major players in Global Automatic Content Recognition Market include Arcsoft, Inc. (U.S.), Digimarc Corporation (U.S.), Microsoft Corporation (U.S.), ACR Cloud (China), Audible Magic Corporation (U.S.), Civolution (U.S.), Gracenote, Inc.(U.S.), Enswers, Inc. (South Korea), Beatgrid Media BV (Netherlands), and Clarifai Inc. (U.S.) among others.
The Middle East& Africa
The report for Automatic Content Recognition Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.