Saudi Arabia Automatic Content Recognition Market Size & Outlook
Saudi Arabia automatic content recognition market, 2018-2030 (US$M)
Related Markets
Saudi Arabia automatic content recognition market highlights
- The Saudi Arabia automatic content recognition market generated a revenue of USD 19.3 million in 2023 and is expected to reach USD 57.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 16.8% 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 19.3 million |
| Market revenue in 2030 | USD 57.2 million |
| Growth rate | 16.8% (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, Saudi Arabia accounted for 0.7% 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 Middle East & Africa, Saudi Arabia automatic content recognition market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 43.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Automatic Content Recognition Market Scope
Automatic Content Recognition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 74.09% in 2023. Horizon Databook has segmented the Saudi Arabia automatic content recognition market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia automatic content recognition market is projected to grow exponentially over the coming years on account of rapid expansion and increased investment in 5G technology in the country.
For instance, in May 2023, Internet of things (IoT) technology company iot squared and a joint venture between stc Group and Saudi Arabia’s Public Investment Fund (PIF) signed a Memorandum of Understanding with OQ Technology, the global satellite telecom operator for IoT connectivity using 5G protocol.
Reasons to subscribe to Saudi Arabia automatic content recognition market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Saudi Arabia automatic content recognition market databook
-
Our clientele includes a mix of automatic content recognition market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the Saudi Arabia automatic content recognition market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia automatic content recognition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia automatic content recognition market size, by component, 2018-2030 (US$M)
Saudi Arabia Automatic Content Recognition Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
