Global Content Moderation Solutions Market Size, Trends & Growth Opportunity and By Type (On Premise and Cloud based), By Components (Services and Software), By Region and Forecast till 2027.

Global Content Moderation Solutions Market

The Global Content Moderation Solutions Market is expected to grow from US$ 12.4 Billion in 2021 to US$ 21.98 Billion by 2027; it is estimated to grow at a CAGR of 10.01% from 2021 to 2027.

Content moderation is the process of monitoring, examining, and filtering content in accordance with a set of guidelines. User-generated content (UGC) is crucial for activity and engagement on social media platforms and online marketplaces, and moderation aids in upholding and enforcing community norms. The task of moderation can be carried out by either human moderators or an automated system.

Drivers: The spread of social networking sites that enable users to publish anything they want without restriction is a key factor in the exceptional growth. Due to this improved digital footprint, criminal parties are trying to take advantage of the increased accessibility by engaging in viruses, hacks, and the uploading of unwanted content.

As a result, there is a greater need than ever for these online platforms to be secured by the implementation of sophisticated content moderation and regulatory software. End-use sectors that have a significant online presence must also adhere to a variety of international rules and protect their audience from potential dangers, exposure to cyberattacks, and improper information.

Restraints: While these solutions are quite effective at identifying content that is not appropriate for people, they occasionally miss bogus news or faulty images because they interpret the information incorrectly and pass it on to the general public's eyes. It could then exacerbate emotions and escalate the situation in several ways.

These flaws can occasionally be plainly seen in software that makes advantage of AI technologies (AI). As a result, the dependability and trust in these solutions may be jeopardised, which may hinder the overall expansion of the global market for content moderation solutions throughout the course of the forecast period.

Impact of Covid-19

Most industries had a slowdown as a result of the Covid-19 epidemic in 2020, however the global market for content moderation solutions saw growth. The majority of sectors implemented work from home rules and acquired digital platforms to operate their corporate operations, while governments of various nations imposed rigorous mobility restrictions and periodic lockdowns to stop the spread of this terrible sickness due to its severity.

In addition, a lot of data was produced by the government, healthcare, media, and entertainment industries, among others, to track the number of cases, fatalities, and recoveries on a daily basis and to disseminate information about the virus. Additionally, the majority of consumers choose a variety of OTT (Over the Top) media services for leisure and enjoyment, which considerably increased the entertainment industry in the midst of the crisis.

Segmentation By Type: Content Moderation Solutions Market is classified on the basis of Type into On Premise and Cloud based. The Global Content Moderation Solutions Market is anticipated to be dominated by the cloud segment due to the rising adoption of cloud-based services in the IT and industrial sectors.

Segmentation By Components: Content Moderation Solutions Market is classified on the basis of Components into Services and Software. The largest market share belongs to the services sector. The rate of content generation is expanding quickly as a result of the rise in the number of industries in recent years. This calls for the creation of a market need for promotional content that profiles the business.

Segmentation By Region: Content Moderation Solutions Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is now dominating the market for content moderation solutions as a result of the expansion of government digitization initiatives. The market for content moderation solutions in the region will also be driven by the rising number of smartphone and internet users there over the course of the forecast period.

Competitive Landscape: The key players of Content Moderation Solutions Market are Accenture, Appen Ltd, Clarifai Inc, Enhance Business Solutions, Microsoft Corporation, Genpact, Concentrix Corporation, Sutherland Global Services, Alegion Inc, and Besedo.

Industrial Development

• Amazon Inc. announced in March 2021 that AWS Media Intelligence (AWS MI) solutions, a collection of services that makes it simple to integrate AI with media content workflows, are now available. AWS MI enables you to analyse your media, raise the lifetime value of your media content, boost content engagement rates, and lower operating expenses.

Market Taxonomy

By Type

• On Premise
• Cloud based

By Components

• Services
• Software

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Content Moderation Solutions Market?
• What will be the growth rate from 2020 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?