The Content Moderation Solutions Industry is projected to grow at a CAGR of 10% to reach US$ 26 Billion by 2032 End
Continued expansion of the generation of online data drives global content moderation solutions market. Projecting the market growth at a stellar CAGR of 10.5% over 2019 – 2029, a new Fact.MR study provides an inclusive and insightful analysis of content moderation solutions market. Currently in a nascent state of growth, the market is set to receive a strong impetus from significant growth in media & communications investments at a global level.
“With user generated content witnessing meteoric growth, the gap between generated and moderated content continues to widen. Outsourcing of content moderation solutions is thus gaining traction. Outsourced content moderation contracts will continue to see flourishing prospects over the near future, as the number of privacy encroachment incidences in soaring,” indicate report projections.
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Key Takeaways of Fact.MR’s Study
- Content moderation services account for over 60% of total demand, buoyed by growing inclination towards outsourcing services to recognized providers.
- Demand for content moderation software will continue to speed up, with revenue projected to expand 2.9X through 2029.
- Communications, and media and services would remain top end-use domains of content moderation solutions and services.
- The Americas continue to lead, followed by Europe and Middle East & Africa (MEA).
- Emergence of hybrid content moderation will be crucial to market build-up.
Key Drivers: Content Moderation Solutions Market
- Substantial hike in government spending on handling individual privacy issues safely in terms of online data will bode well for the market.
- Rising preference for automated content moderation solutions is creating a conducive environment for the market growth.
- The expanding trend of outsourcing content moderation solutions and services is fueling the demand.
- Increasing investments of enterprises in machine learning and Artificial Intelligence (AI) are favoring adoption of automation solutions.
Competition Landscape Analysis
- Alphabet Inc.
- Microsoft Corporation
- HCL Technologies Ltd.
- Accenture Plc.
- Alibaba Group Holding Limited
- Amazon Inc.
- Basedo Global Services AB
- Open Access BPO
- Clarifai
- Imagga Technologies Ltd.
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Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions to expand their market ground
- In March 2021, Amazon Inc. has announced the availability of AWS Media Intelligence (AWS MI) solutions, a combination of services that helps to easily integrate AI with the media content workflows. AWS MI allows to analyze your media, improve content engagement rates, reduce operational costs, and increase the lifetime value of media content.
- In October 2021, Microsoft has acquired Two Hat, a content moderation platform for filtering messages. Two Hat is a company that uses AI for content moderation on a vast scale, filtering online messages and providing increased user protection.
Key Segments Covered in Content Moderation Solutions Industry Analysis
- Solution
- Content Moderation Services
- Content Moderation Software
- Cloud
- On-premise
- Spending Area
- In-house Spending
- Outsourced (Content Moderation BPOs)
-
Vertical / Spender
- Communications, Media, and Services
- e-Commerce
- Government
- Other Verticals
About the Report
This 170-page study provides comprehensive market projection on the content moderation solutions market. The report offers actionable insights on the content moderation solutions market based on solution (content moderation services, in-house spending, outsourced, content moderation software, cloud, and on-premises) and vertical (communications, media and services, E-commerce, government, and others), across four regions (Americas, Europe, Middle East & Africa, East Asia, and South Asia & Oceania).
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