The Content Moderation Solutions Global Market Report 2023, provides comprehensive information on the content moderation solutions market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Content Moderation Solutions Global Market Report 2023, the global content moderation solutions market size is expected to grow from $9.78 billion in 2022 to $10.96 billion in 2023 at a compound annual growth rate (CAGR) of 12.09%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global content moderation solutions market size is expected to reach $17.45 billion in 2027 at a CAGR of 12.45%.
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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 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
Asia-Pacific was the largest region in the content moderation solutions market in 2022.
The table of contents in TBRC’s content moderation solutions market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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