The Global Content Moderation Solutions Market is expecting around 10.76% CAGR during 2022-27, cites MarkNtel Advisors in their recent research report. The growing awareness about the capabilities of content moderation solutions to offer a safe environment for both users & brands by ensuring the content falls within the pre-established guidelines of acceptable behavior is the prime aspect driving the global market.
Besides, the mounting need to monitor the data generated by users and detect the presence of violence, drugs, nudity, gambling, & hate symbols, among others, are also propelling the demand for content moderation solutions and stimulating the market growth. Additionally, rapid technological advancements in the IT sector & the advent of 5G networks are other aspects expected to boost the application of content moderation solutions across different industries in the coming years.
Moreover, the freedom to post anything on the internet that portrays significant vulnerabilities to malware & cyberattacks is another prominent aspect propelling the demand for content moderation solutions to monitor & remove the content as per regulations, further states the research report, “Global Content Moderation Solutions Market Analysis, 2022.”
Growing Need to Monitor Media & Entertainment Content to Drive the Global Market through 2027
The freedom of the media & entertainment sector to present an extensive range of content for viewers is infusing the demand for content moderation solutions across the industry to manage & moderate the content as per the guidelines laid by regulatory bodies.
Besides, growing concerns over communal disputes, racism, & other political & controversial genres are the prime areas where these solutions are utilized extensively in the media & entertainment sector. Moreover, the growing internet penetration and exponentially growing population on social media platforms are further instigating the need for content moderation solutions across the above-cited industry to detect & remove inappropriate content, and eliminate the possibilities of vulnerabilities to cyber-attacks, malware, etc.
With Massive Data Generation in Various Industries, Asia-Pacific to Witness the Fastest Market Growth
The significant expansion of industries like the media & entertainment, retail & e-commerce, healthcare, BFSI, & telecom, etc., i.e., infusing the need for monitoring the content shared among people, is driving the content moderation solutions market across Asia-Pacific.
Across the region, China is expected to continue holding the largest market share during 2022-27, principally due to changing regulations by the social media regulatory of the country. It, in turn, is soaring the need for content moderation solutions to monitor social media accounts & restrict any explicit content or fake information that might harm the people's sentiments, reveals MarkNtel Advisors in their research report, "Global Content Moderation Solutions Market Analysis, 2022."
The leading players in the Global Content Moderation Solutions Market are Accenture Plc., Alibaba Group Holding Limited, Amazon Inc., Basedo Global Services AB, Concentrix Corporation, Cogito Tech LLC., Clarifai, Google, Inc., Genpact, HCL Technologies Ltd., Imagga Technologies Ltd., Microsoft Corporation, Open Access BPO, TaskUs Inc., and Teleperformance SE.
Key Questions Answered in the Research Report