Mexico Automatic Content Recognition Market Size & Outlook
Mexico automatic content recognition market, 2018-2030 (US$M)
Related Markets
Mexico automatic content recognition market highlights
- The Mexico automatic content recognition market generated a revenue of USD 29.7 million in 2023 and is expected to reach USD 97.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 18.5% 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.
Automatic content recognition market data book summary
| Market revenue in 2023 | USD 29.7 million |
| Market revenue in 2030 | USD 97.4 million |
| Growth rate | 18.5% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 1.0% of the global automatic content recognition market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil automatic content recognition market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 97.4 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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Mexico 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 72.73% in 2023. Horizon Databook has segmented the Mexico automatic content recognition market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The tremendous rise in internet and smartphone penetration, heightened adoption of digital content, and growing social media usage are the major factors driving the demand for automatic content recognition technology in Mexico.
The increasing usage of social media platforms including WhatsApp, Facebook, Instagram, Snapchat, TikTok, Skye, LinkedIn, etc., has created significant demand for ACR technology, contributing to the growth of Mexico automatic content recognition market.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico automatic content recognition market , including forecasts for subscribers. This country databook contains high-level insights into Mexico automatic content recognition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico automatic content recognition market size, by component, 2018-2030 (US$M)
Mexico Automatic Content Recognition Market Outlook Share, 2023 & 2030 (US$M)
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