Published Date: 21-Feb-2023
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According to a new report, published by KBV research, The Global Content Moderation Services Market size is expected to reach $17.5 billion by 2028, rising at a market growth of 11.7% CAGR during the forecast period.
The Solution market acquired the maximum revenue share in the Global Content Moderation Services Market by Component in 2021 thereby, achieving a market value of $12.2 billion by 2028. The use of content moderation services offers various advantages to the sector, including the simplification of business processes, the removal of processes requiring human labor, and the reduction of both time and financial investment.
The Video market is showcasing the growth rate of 11.3% during the forecast period. Fake material that is inappropriate, explicit content, and suggestive information may be harmful to the reputation of an individual or a corporation. As a result, more and more people are turning to video content moderation services in order to keep the accessibility and reliability of online video streaming intact and to get rid of potentially harmful films that are hosted on the platform.
The Large Enterprises market is leading the Global Content Moderation Services Market by Organization Size in 2021 thereby, achieving a market value of $11.5 billion by 2028. Large corporations have a greater potential for damage to their reputations as a result of the chance that offensive information might be uploaded online on their many platforms. Even if people post stuff that the website's administrators do not want, the website, forum, or social media account will still be safeguarded due to content moderators.
The Cloud market is poised to grow a CAGR of 13.2% during (2022 - 2028). The expansion of the market is driven by numerous factors, one of which is the growing popularity of cloud-based content moderation services, which are favored for their lower costs and simpler maintenance requirements.
The Media & Entertainment market registered the high market share in the Global Content Moderation Services Market by Vertical in 2021, thereby, achieving a market value of $4.9 billion by 2028. People are able to quickly and easily publish whatever they want to their accounts on social media or social networking sites, and it is easy for other users to see this content. Leveraging this, many users of such online sites engage in inappropriate behavior by posting objectionable information and distributing it to a large audience. Because of this, concerns have been raised among the firms, which has led to the increased use of content moderation services in this market area.
The North America market dominated the Global Content Moderation Services Market by Region in 2021 thereby, achieving a market value of $5,032.3 million by 2028. The Europe market is anticipated to grow at a CAGR of 11.5% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 12.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/content-moderation-services-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Microsoft Corporation, Google LLC (Alphabet Inc.), Amazon Web Services, Inc. (Amazon.com, Inc.), Accenture PLC, Wipro Limited, Alibaba Cloud (Alibaba Group Holding Limited), Appen Limited, Genpact Limited, Cogito Tech LLC and Besedo Global Services AB.
By Content Type
By Deployment Mode
By Organization Size
Unique Offerings from KBV Research
North America Content Moderation Services Market Future Scope & Opportunities 2022-2028
Europe Content Moderation Services Market Size & Growth Forecast 2022-2028
Asia Pacific Content Moderation Services Market Size, Share & Industry Outlook to 2028
LAMEA Content Moderation Services Market Growth, Trends & Forecasts 2022-2028