Content Moderation Solutions Market Industry Trends and Forecast to 2028
Global Content Moderation Solutions Market was valued at USD 8.40 billion in 2021 and is expected to reach USD 16.46 billion by the year 2028, at a CAGR of 10.09%.
Content Moderation Solutions Market report covers a detailed analysis of current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.
The increase in user-generated content in various online platforms is a major growth driver for the content moderation solutions market. The market is driven by the increasing accessibility of the Internet all over the world. Governments supporting the expansion of electronics infrastructure, Internet connectivity in many developing countries, technological advancements, and rising adoption of content moderation solutions in various end-use industries are some of factors contributing to the market growth. Content moderation can be carried out manually or automatically by using advanced technologies such as AI, etc. However, rising complexity in the posted content is anticipated to restrain the global content moderation solutions market during the forecast period.
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The Major Players In The Content Moderation Solutions Market Include:
IBM Corporation, Alphabet Inc., Microsoft Corporation, Accenture, Pure Moderation, Appen Limited, Webhelp, Basedo, Alegion, Clarifai Inc, Cogito Tech LLC, Computyne Business Process Services, Conectys, WebFurther LLC, Two Hat Security, Europe IT Outsourcing Company, ICUC.Social, Lionbridge Technologies Inc., OneSpace.com, LiveWorld Inc., MD SOFTWARE, Open Access BPO, Others
Market has segmented the global Content Moderation Solutions market on the basis of type, application, and region:
The Content Moderation Solutions market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Type:
Image Moderation, Text Moderation, Video Moderation, Website Moderation, Profile Moderation, Others
By Application:
IT And Telecommunication, Banking, Financial Services and Insurance (BFSI), Media And Entertainment, Retail And E-Commerce, Government, Healthcare, Automotive, Packaging And Labeling, Energy And Utility, Others
By Regional Outlook (Revenue, USD Billion, 2017 – 2028)
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Content Moderation Solutions Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
Increasing Technological Advancements and Modernization
· Modernization refers to rewriting, changing, or porting entire parts/systems to modern platforms, tools, libraries, or languages. It is a very broad topic and encompasses a wide variety of platforms, tools, concepts, and technologies. Companies can reduce IT complexity and increase efficiency, establish a data-driven culture, and improve flexibility in all organizational processes by transforming the old IT ecosystem into a new environment.
· This increase in modernization systems and rise in technological advancements in organizations are projected to fuel the demand for content moderation solutions in the near future
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