The Content Moderation Solutions Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Content Moderation Solutions Global Market Report 2024, The content moderation solutions market size has grown rapidly in recent years. It will grow from $10.96 billion in 2023 to $12.32 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to industrial expansion, port and harbor development, globalization of trade, urbanization and construction, heavy machinery usage, railway infrastructure projects..
The content moderation solutions market size is expected to see rapid growth in the next few years. It will grow to $19.93 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%. The growth in the forecast period can be attributed to e-commerce logistics expansion, renewable energy transition, focus on sustainable construction, adoption of lightweight materials, global supply chain resilience.. Major trends in the forecast period include hybrid and electric cranes, technological advancements, integration of iot and automation, customization for diverse applications, green initiatives, market consolidation and partnerships..
The emergence of social networking platforms is expected to propel the growth of the content moderation solutions market. Social networking platforms refer to websites or mobile applications that allow users to connect with others and share content such as photos, videos, and messages. These platforms have become an essential part of modern communication, with billions of users around the world engaging on various social networking sites daily. The emergence of social media platforms has given rise to content moderation solutions, which help social networking platforms ensure that their users are abiding by community guidelines and policies and prevent the spread of harmful content such as hate speech, fake news, and graphic violence. So these factors boost the content moderation solutions market. For instance, in January 2022, according to the reports shared by Search Engine Journal, a US-based online platform, there were 4.55 billion active social media platform users worldwide as of 2022, a 9.9 percent increase over 2021. Additionally, there are 15 leading social media platforms, with 2.89 billion average monthly users on Facebook, 2.29 billion on YouTube, and 2.00 billion on WhatsApp. Therefore, the emergence of social networking platforms is driving the growth of the content moderation solutions market.
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The content moderation solutions market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Enterprise Size: Small And Medium Enterprises (SMES), Large Enterprises
3) By Content Type: Image, Text, Video
4) By Spending Area: Outsourced (Content Moderation BPOS)
5) By End-User: Media And Entertainment, Retail And E-Commerce, Packaging And Labelling, Healthcare And Life-Sciences, Automotive, Government, Telecom, Other End-Users
Technological advancements are a key trend gaining popularity in the content moderation solutions market. Major companies operating in the content moderation solutions market are innovating new technologies to sustain their position in the market. For instance, in December 2022, Meta Platforms Inc., a US-based multinational technology company, launched the Hasher-Matcher-Actioner (HMA) software tool to combat terrorist content, child exploitation, and other abusive content. This software will help people who flag photos and videos as breaking laws and regulations. The program will keep websites free of improper information. Additionally, each piece of material that is saved onto a database by HMA is given a type of hash, or distinctive fingerprint, that can be accessed and utilized by businesses to build or operate their own databases. This tool is especially helpful for tiny businesses that lack the resources of larger ones.
The content moderation solutions market report table of contents includes:
1. Executive Summary
2. Content Moderation Solutions Market Characteristics
3. Content Moderation Solutions Market Trends And Strategies
4. Content Moderation Solutions Market – Macro Economic Scenario
5. Global Content Moderation Solutions Market Size and Growth
….
31. Global Content Moderation Solutions Market Competitive Benchmarking
32. Global Content Moderation Solutions Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Content Moderation Solutions Market
34. Content Moderation Solutions Market Future Outlook and Potential Analysis
35. Appendix
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