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Automatic content recognition (ACR) is an identification technology which is used to recognise content played on a media device or present in a media file. This facilitates users quickly obtain detailed information about the content they have just experienced without any text-based input or search efforts. ACR can help users deal with multimedia more effectively and make applications more intelligent.
South America Automatic Content Recognition Market Segments Size & Growth:
South America Automatic Content Recognition Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include increased integration of ACR in smart TVs and second screen devices such as smartphones and wearables, increasing deployment of ACR technologies by media companies for applications such as broadcast monitoring and audience measurement, revenue generated benefits of interactivity, personalization, and socialization imparted by the ACR technology to the television environment, an urgent need among the companies to understand the consumer behavior and growing Number of hosted ACR solution providers. However, the requirement of additional bandwidth and large server infrastructure for applying
South America Automatic Content Recognition Market Segments Share:
South America Automatic Content Recognition Market is categorised into a type which comprises a solution, and services. Among them, Services segment is projected to hold the largest share as these services are necessary for the successful implementation of ACR platforms and technologies. By Technology, the market is segmented into acoustic and digital video fingerprinting, digital audio, video, and image watermarking, optical character recognition, and speech recognition. Among them, Acoustic & Digital Video Fingerprinting is projected to be the fastest-growing technology, as it is less complicated to deploy, highly secure, and doesn’t alter the properties of media content. Majority of the companies involved in ACR market work on fingerprinting technology for identifying any type of media content from the vast web databases. By End User, the market is segmented into media and entertainment, consumer electronics, e-commerce, education, automotive, IT and telecommunication, healthcare, defence and public Safety, Avionics, and Others. By Geography, Brazil and Argentina are projected to dominate the market with the largest share due to technological advancement and developed media & entertainment industry
South America Automatic Content Recognition Market Trends:
South America Automatic Content Recognition Market Research Report:
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Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
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The major market players, such as
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