Companies in the Content Moderation Solutions Market are facing issues in keeping their production facilities fully functional due to shortage of staff and resources amidst the COVID-19 (Coronavirus) outbreak. Get a hands-on over key drivers and threats to the Content Moderation Solutions Market to make your company future-ready post the pandemic. Avails out reports for exciting prices to learn new opportunities that companies can capitalize on during and after the Coronavirus crisis.
For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4522
With over 4 billion internet users creating more than 2.5 quintillion bytes of data every day, amount of data generated has skyrocketed. User generated content has reported meteoric growth since 2016, and the gap between generated content and moderated content has been increasing proportionally. The occurrence of privacy encroachments that are generated due to this gap has led to outsourced content moderation contracts. Increased in-house and outsourced spending on content moderation solutions have also accentuated the growth of global content moderation solutions market, which is forecast to create an absolute opportunity of over US$ 13 Bn during forecast period.
Despite an increase in in-house spending by multimedia companies on content moderation, these companies have been reported to outsource content moderation activities to professional solution providers which is further bolstering market growth
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4522
Key Takeaways of Content Moderation Solutions Market
- Content moderation services account for majority of the revenue share in content moderation solutions market and are expected to show moderate growth during forecast period.
- Content moderation software is expected to show higher growth rate than content moderation services, and is projected to grow 2.9X during forecast period.
- Americas account for a majority share in content moderation solutions market, but Europe, Middle-East and Africa are expected to show high growth rate, presenting absolute $ opportunity of around US$ 5 Bn during forecast period.
- Government spending on content moderation solutions is expected to grow 2.7X during forecast period, owing to privacy encroachments.
- In terms of spending, communications, media and services are expected to dominate content moderation solutions market and are expected to grow 2.9X during forecast period.
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4522
New Contract Acquisitions and Product Acquisitions Pave way for Consolidation
Content moderation solutions market is highly fragmented with multiple small scale and medium scale enterprises holding more than 50% of revenue share.
Content moderation solutions market has seen multiple changes in contracts during 2019. In 2019, Cognizant, one of the content moderation services providers, cancelled their contract with Facebook. This end of contract has benefitted existing contractors of Facebook like Accenture PLC, Genpact Inc. and Wipro Limited. In 2019 Wipro also acquired a contract to moderate Google’s “YouTube”. Dynamics in content moderation contracts are changing the standing of players in content moderation solutions market.
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/04/01/2010030/0/en/3D-Scanner-Market-to-Surpass-US-5-Bn-Mark-by-2027-Digitization-to-Fuel-Rampant-Adoption-Finds-a-New-Fact-MR-Study.html
Explore Fact.MR’s Comprehensive Coverage on ICT Landscape
Hybrid Flash Storage Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/1842/hybrid-flash-storage-market
Vehicle-to-X Products Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/1839/vehicle-to-x-products-market
Facial Recognition Access Control Solution Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/1837/facial-recognition-access-control-solution-market
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
US Sales Office:
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-1583