Increasing demand for personalized content experiences and the need for advanced media analytics drive the Automatic Content Recognition Market.
PORTLAND, OREGON, UNITED STATES, July 18, 2023/EINPresswire.com/ — The Global Automatic Content Recognition Market, which was valued at $2.2 billion in 2021, is anticipated to increase at a CAGR of 18.2% from 2022 to 2031 to reach $11.4 billion.
By detecting the video or music material, automatic content recognition (ACR) enables users to obtain information about the content they watched or listened to. ACR can also make links to online material providers for on-demand viewing and get in touch with people for more context or supplemental media. Additionally, the media & entertainment, defense & public safety, e-commerce, consumer electronics, education, IT & telecommunication, automotive, healthcare, and avionics industries all find major use for ACR systems.
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ACR technology enables automatic identification of content across various media platforms and devices. The trend towards personalized content discovery is driving the adoption of ACR solutions. Users can receive tailored recommendations and relevant content suggestions based on their viewing habits and preferences, enhancing the overall content discovery experience.
ACR technology is facilitating interactive and synchronized second screen experiences. Viewers can engage with complementary content, such as synchronized information, social media feeds, or additional content related to the primary content they are consuming. This trend is transforming the way audiences engage with media, providing a more immersive and interactive viewing experience.
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ACR technology enables the collection of real-time data about media consumption across different channels and platforms. This trend allows media companies and advertisers to gain insights into audience behavior, preferences, and engagement patterns. The data gathered from ACR helps in optimizing content strategies, improving advertising targeting, and enhancing the overall effectiveness of media campaigns.
ACR technology is being integrated into smart devices such as smart TVs, smartphones, and voice assistants. This trend enables seamless content recognition and interaction with media across devices. Users can easily identify content, control playback, and access additional information or related content using voice commands or device interfaces.
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The key players profiled in the automatic content recognition market analysis are ACRCloud, ArcSoft, Audible Magic, Apple, Digimarc Corporation, Google, Gracenote, IBM Corporation, KT Corporation, Kudelski Group, Microsoft Corporation, Nuance Communication, Inc., VoiceBase, Vobile, VoiceInteraction, Beatgrid Media B.V., Clarifai. These players have adopted various strategies to increase their market penetration and strengthen their position in the automatic content recognition industry.
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Allied Analytics LLP
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