UAE Automatic Content Recognition Market Size & Outlook
UAE automatic content recognition market, 2018-2030 (US$M)
Related Markets
UAE automatic content recognition market highlights
- The UAE automatic content recognition market generated a revenue of USD 12.6 million in 2023 and is expected to reach USD 43.3 million by 2030.
- The UAE market is expected to grow at a CAGR of 19.4% 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 12.6 million |
| Market revenue in 2030 | USD 43.3 million |
| Growth rate | 19.4% (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, UAE accounted for 0.4% 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.
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Automatic Content Recognition Market Scope
Automatic Content Recognition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 73.81% in 2023. Horizon Databook has segmented the UAE automatic content recognition market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
There have been significant investments made in UAE in 5G mobile networks in recent years. This next-generation wireless network promises faster speeds, reduced network latency, and the capacity to connect more devices without performance degradation.
ACR integrated with the IoT devices to provide context-aware services, such as recognizing the content laying on nearby screens and enhancing the functionality of the smart home devices.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the UAE automatic content recognition market , including forecasts for subscribers. This country databook contains high-level insights into UAE automatic content recognition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE automatic content recognition market size, by component, 2018-2030 (US$M)
UAE Automatic Content Recognition Market Outlook Share, 2023 & 2030 (US$M)
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