Market revenue in 2023 | USD 866.4 million |
Market revenue in 2030 | USD 2,245.3 million |
Growth rate | 14.6% (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 |
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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 74.67% in 2023. Horizon Databook has segmented the U.S. automatic content recognition market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growing prominence of smart devices, such as smart TVs, smartphones, wearables, etc. is driving the market growth. Moreover, increased adoption of streaming service platforms such as Netflix, Hulu, HBO Max, Disney+, etc. is also driving the demand for ACR technology as it forms an integral part of these platforms.
Besides, stringent regulatory scenario regarding broadcasting content and copyright is driving the demand for content recognition solutions as well as watermarking tools, providing ample growth opportunities for the market.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. automatic content recognition market , including forecasts for subscribers. This country databook contains high-level insights into U.S. automatic content recognition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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