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Automatic Content Recognition Market Share

Report ID: GMI6845
Published Date: Oct 2023
Report Format: PDF

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Automatic Content Recognition Market Share

Major companies operating in the automatic content recognition market are:

Apple Inc. (Shazam Entertainment Ltd.)
Audible Magic Corporation
Clarifai Inc.
Digimark Corporation
Google LLC (Alphabet Inc.)
IBM Corporation
Nuance Communications Inc.

IBM Corporation is dominating the market with a prominent revenue share. IBM Corporation competes strongly in the Automatic Content Recognition (ACR) market, leveraging its advanced AI & data analytics capabilities to offer innovative solutions for content identification and audience insights.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automatic content recognition reached USD 2.6 billion in 2022 and is set to expand at over 18% CAGR from 2023 to 2032, owing to the proliferation of smartphones and tablets worldwide.

The large enterprises segment held more than 64% of the market share in 2022, owing to the collaborative partnerships between large enterprises to enhance advertising strategies and insights.

North America market accounted for 34% of revenue share in 2022, due to the high digital media consumption rates and the rapid adoption of advanced technology in the region.

Some leading companies in the market are Apple Inc. (Shazam Entertainment Ltd.), Audible Magic Corporation, Clarifai Inc., Digimark Corporation, Google LLC (Alphabet Inc.), IBM Corporation, and Nuance Communications Inc.