Press release
Online Content Moderation Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Online Content Moderation MarketThe global Online Content Moderation market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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Online Content Moderation Market Trends
User-generated material has multiplied exponentially as a result of the spread of social media, online forums, and user-driven platforms. Content moderation has grown to be a difficult responsibility for online platforms due to the billions of articles, comments, photographs, and videos that are published every day. The need for content moderation services has been fuelled by the need to uphold a suitable and safe online environment. Online platforms value their user trust and brand reputation, particularly social media and e-commerce companies. Content that is inappropriate, hurtful, or objectionable may swiftly damage a brand's reputation and turn away customers. In order to protect a brand's reputation and user trust, content moderation services are essential in deleting damaging information and establishing a pleasant online community.
Online platforms are subject to a number of content-related legal and regulatory obligations. These cover legislation pertaining to data privacy, copyright infringement, child protection, and hate speech. Platforms can avoid potential liabilities and fines by using content moderation services to guarantee compliance with these rules. In the digital era, online abuse, cyberbullying, and harassment have grown to be serious problems. A safer online environment for users can be achieved by the identification and removal of such hazardous information through content moderation. The market for content moderation services is growing as people's awareness of online abuse and their need for better measures against it do.
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The dissemination of false information and fake news is becoming a major problem on a worldwide scale. In order to prevent the spread of misleading information and preserve the authority of online platforms, content moderation services are essential in identifying and eliminating erroneous material. The field of content moderation has undergone a revolution thanks to the development of advanced machine learning and artificial intelligence (AI) algorithms. Tools for moderation that use AI can quickly and correctly evaluate large quantities of information to spot possible infractions. Platforms are now able to manage content efficiently thanks to the deployment of AI-driven content moderation solutions, which has spurred industry growth.
Online Content Moderation Market Share
Online content moderation services have seen tremendous market growth in North America. The demand for content moderation has been influenced by the region's high internet penetration, broad usage of social media platforms, and a significant number of online enterprises. Companies in the area have been investing in content moderation solutions to ensure a safe and positive online environment for consumers due to numerous legal obligations and the need to safeguard brand reputation.
Key Segmentations
By Company
• Besedo
• Viafoura
• TaskUs
• Appen
• Open Access BPO
• Microsoft Azure
• Magellan Solutions
• Cogito
• Clarifai
• Webhelp
• Lionbridge AI
• OneSpace
• Two Hat
• LiveWorld
• Pactera
• Cognizant
• GenPact
• Arvato
Segment by Type
• Services
• Software & Platform
Segment by Application
• Social Media
• Ecommerce Retailer
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