Content Moderation Solutions Market Poised To Expand At A Robust Pace Over 2031 May 17, 2022
Content Moderation Solutions Market in Brief
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The global content moderation solutions market is projected to register a CAGR of more than 10% between 2019 and 2027. The global content moderation solutions market is projected to be driven by increasing spending on digital advertising. Marketing leaders are spending more on their websites, digital commerce, and digital advertising.
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Not only large enterprises, but even small and medium enterprises are also shifting from traditional advertising to digital advertising. This is expected to boost the content moderation solutions market in the near future.
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The global content moderation solutions market is expected to reach a value of nearly US$ 11,800 Mn by 2027 from the projected value of nearly US$ 5,400 Mn in 2019.
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The content moderation solutions market in North America holds a prominent share of the global content moderation solutions market, and is expected to dominate the market during the forecast period, followed by the content moderation solutions market in Europe.
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The content moderation solutions market in North America remains the leading regional market in the global content moderation solutions market, with revenue estimated to reach nearly US$ 1,900 Mn in 2019.
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The content moderation solutions markets in the Middle East & Africa and South America are expected to experience moderate growth during the forecast period.
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Asia Pacific is projected to lead the global content moderation solutions market during the forecast period. This is attributable to increasing digitization initiatives by governments across the region, which has hastened infrastructure development, leading to a rise in smartphone as well as Internet users in the region. This is leading to the creation of more and more digital content, which would eventually boost the content moderation solutions market.