Europe Automatic Content Recognition Market Size & Outlook
Europe automatic content recognition market, 2018-2030 (US$M)
Related Markets
Europe automatic content recognition market highlights
- The Europe automatic content recognition market generated a revenue of USD 710.2 million in 2023.
- The market is expected to grow at a CAGR of 16.3% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 710.2 million |
| Market revenue in 2030 | USD 2,045.8 million |
| Growth rate | 16.3% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Apple Inc, Digimarc Corp, Alphabet Inc Class A, Sony Group Corp, International Business Machines Corp, KT Corp ADR, Kudelski SA, Microsoft Corp, Nuance Communications |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.7% of the global automatic content recognition market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,136.3 million by 2030.
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Automatic Content Recognition Market Scope
Automatic Content Recognition Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe automatic content recognition market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automatic content recognition market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 74.46% in 2023. Horizon Databook has segmented the Europe automatic content recognition market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
According to the data released by Eurostat, in 2022, internet was used largely for communicating with others, sending/receiving e-mails (77%), instant messaging (72%), watching internet streamed TV or videos (65%), finding information about goods and services (70%), telephoning or video calls (66%) across the European Union.
Growing awareness among content creators and broadcasters to protect the content and intellectual property rights is driving the growth of regional market further.
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Target buyers of Europe automatic content recognition market databook
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Our clientele includes a mix of automatic content recognition market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe automatic content recognition market , including forecasts for subscribers. This continent databook contains high-level insights into Europe automatic content recognition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe automatic content recognition market size, by country, 2018-2030 (US$M)
Europe Automatic Content Recognition Market Outlook Share, 2023 & 2030 (US$M)
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