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Artificial Intelligence

Content Moderation Solutions Market to thrive at CAGR of 12% by 2032; Increasing Social Media Content Creation to Bolster Growth: The Brainy Insights

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Newark, March 30, 2023 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the USD 13 billion in 2022 global Content moderation solutions market will reach USD 40.37 billion by 2032. Due to the rising popularity of smartphones, easy access to low-cost data connectivity, and the advancements in the telecom industry, both the production and consumption of content have increased tremendously in recent years. Recent years have seen increased regulatory control over content as it can influence millions if left unattended. To achieve full compliance with laws, applying AI to content moderation is the industry’s subsequent significant development and could present profitable opportunities over the foreseeable term. Benefits of artificial intelligence include Live Content Moderation. Faster outcomes and more client and customer satisfaction are both provided by real-time data or content processing. AI is more effective than human moderators at processing large volumes of time in real-time and producing results more quickly. It lowers the operating costs for market participants. Moreover, AI offers additional flexibility because it may be created/customized to adhere to the user’s standards, criteria, and policies for content moderation. It can function well alongside human moderators, enhancing the business’s general productivity and driving the market’s growth in the forecast period.

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Key Insight of the global Content moderation solutions Market

Asia Pacific is expected to dominate the market during the forecast period.

The region’s content consumption has expanded due to greater automation and digitization, as well as more access to cell phones with the internet. There has also been an increase in user-generated material, primarily on social media platforms like Instagram. to create a positive corporate, political, economic, and social climate, government standards require that content filtering be mandatory for all parties. Additionally, private players are adopting content moderation tools to protect their brands and customers and improve customer engagement and relationships.

In 2022, the solutions segment dominated the market with the largest market share of 58% and market revenue of 7.54 billion.

The component segment is divided into solutions and services. In 2022, the solutions segment dominated the market with the largest market share of 58% and market revenue of 7.54 billion.

In 2022, the on-cloud segment accounted for the largest share of the market, with 69% and a market revenue of 8.97 billion.

The deployment type is divided into on-cloud and premises. In 2022, the on-cloud segment accounted for the largest share of the market, with 69% and a market revenue of 8.97 billion.

In 2022, the large enterprises’ segment accounted for the largest market share, with 58% and a market revenue of 7.54 billion.

The organization type is divided into small and medium enterprises and large enterprises. In 2022, the large enterprises’ segment accounted for the largest market share, with 58% and a market revenue of 7.54 billion.

In 2022, the retail and E-commerce segment accounted for the largest market share, with 45% and a market revenue of 5.85 billion.

The application is divided into media and entertainment, packaging and labelling, retail and e-commerce, food and beverages, automotive, telecom, BFSI, healthcare and life sciences, energy and utilities and others. In 2022, the retail and E-commerce segment accounted for the largest market share, with 45% and a market revenue of 5.85 billion.

Advancement in market

October 2022 – The “Digital Services Act,” also known as the Regulation on a Single Market for Digital Services, received final approval from the European Council on October 4, 2022. This regulation completes the process of bringing the DSA to life. Its fundamental objective is establishing a secure, reliable, and trustworthy online environment. It also aims to safeguard the digital realm from societal hazards, such as disseminating illicit content and online misinformation. The EU Parliament praised the terming it as a strong, ambitious regulation of online platforms. The act will allow the safeguarding of users’ rights online. It introduces a comprehensive set of guidelines for content filtering or moderation that apply to various EU enterprises.

Get a detailed COVID-19 impact analysis on the Content Moderation Solutions Market: https://www.thebrainyinsights.com/report/content-moderation-solutions-market-13365

Market Dynamics

Driver: The expansion of social media platforms’ content generation.

Content production has increased along with digitization, automation, ownership of smart linked devices, and internet connectivity. Given their growing popularity and addictive nature, content consumption in Instagram reels, YouTube shorts, and tik-toks has also surged. These platforms have enormous potential for influencing society. When the content is unmoderated, the risks are multiplied. Hence, the platforms and regulatory bodies have created a set of community norms. Before being published, the user-generated content is examined to verify if it is free of malicious intent, harmful content, or false information. To accomplish and guarantee this, content moderation solutions are used. As a result, the expansion of the global market for content moderation will be fueled by the rising amount of content created on social networking platforms.

Restraint: Solutions for content moderation are expensive.

Given the high level of sophistication that content filtering services and software offer to customers, these solutions are expensive. Most small and medium-sized businesses cannot afford to outsource content moderating services since these businesses provide knowledge, cutting-edge tools and solutions, and qualified moderators. The considerable share of consumers will constrain the market’s expansion turned off by excessive prices. The high maintenance expenses would also restrain the market’s growth.

Opportunities: The expanding innovation in big data analytics and artificial intelligence.

AI, AR, big data, and other automated systems have expanded due to increasing digitization and automation. These systems are used in many economic areas to increase production and efficiency and deliver quicker and more accurate results. The production and consumption of content have grown tremendously in recent years. Recent years have seen an increase in regulatory control over the content. The application of AI to content moderation is the industry’s subsequent significant development in the market. Benefits of artificial intelligence include Live Content Moderation. Real-time processing of vast amounts of data enables the market players to improve efficiency and cut operational costs. Moreover, AI offers additional flexibility by allowing market players to customize the tools and solutions accordingly.

Challenge: Standard content moderation guidelines are absent.

Consumption of content is not limited to the source or location of origin. Every country or state has a distinctive demographic with unique cultural values, practices, and traditions. What is typical or within community standards in one state may be considered explicit content in another. Businesses with a global presence must abide by their guidelines and frequently overlapping national, municipal, and international content moderation requirements. The difficulty encountered because of the inconsistent content moderation criteria would impede the market’s expansion.

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Some of the major players operating in the global content moderation solutions market are:

• Accenture PLC
• Alphabet Inc.
• Amazon Web Services Inc.
• Appen Limited
• Besedo Global Services AP
• Clarifai Inc.
• IBM Corporation
• Microsoft Corporation
• OneSpace Solutions Inc.
• Open Access BPO

Key Segments cover in the market:

By Component

• Solutions
• Services

By Deployment Type

• On-Cloud
• Premises

By Organization Type

• Small and Medium Enterprises
• Large Enterprises

By Application

• Media and Entertainment
• Packaging and Labelling
• Retail and E-Commerce
• Food and Beverages
• Automotive
• Telecom
• BFSI
• Healthcare and Life Sciences
• Energy and Utilities
• Others

By Region

• North America (U.S., Canada, Mexico)
• Europe (Germany, France, the UK, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

About the report:

The market is analyzed based on value (USD Billion). All the segments have been analyzed worldwide, regional, and country basis. The study includes the analysis of more than 30 countries for each part. The report analyses driving factors, opportunities, restraints, and challenges to gain critical market insight. The study includes porter’s five forces model, attractiveness analysis, Product analysis, supply, and demand analysis, competitor position grid analysis, distribution, and marketing channels analysis.

Avail access to The Brainy Insights and our exceptional market research database.

About The Brainy Insights:

The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients’ objectives of high-quality output within a short span of time. We provide both customized (clients’ specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients’ requirement whether they are looking to expand or planning to launch a new product in the global market.

Contact Us

Avinash D
Head of Business Development
Phone: +1-315-215-1633
Email: [email protected] 
Web: http://www.thebrainyinsights.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Cyber insurtech BOXX partners with Zurich Insurance Group in Switzerland to introduce breakthrough personal cyber product

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TORONTO, May 21, 2024 /PRNewswire/ — Award-winning global Insurtech BOXX Insurance Inc. that combines cyber insurance and security has announced the launch of a cutting-edge cyber risk solution in collaboration with Zurich Insurance Group in Switzerland, providing digital protection for individuals and families. 

Recognizing the critical need for comprehensive protection against digital threats Zurich Insurance in Switzerland has partnered with technology partner BOXX Insurance to develop a user-friendly solution designed to help individuals and families better predict and prevent potential scams and digital threats.
Designed for simplicity, the app’s personalized experience puts users’ digital safety front and centre, featuring an easy-to-use interface designed by Zurich Insurance in Switzerland and developed by BOXX in close collaboration with Zurich. The App is now available in Switzerland offering support in English, German, French and Italian.
“We created this to give individuals and families what they want – an app that delivers an essential bundle of tools at users fingertips including access to experts in the event of a cyber emergency,” explained Vishal Kundi, CEO and Founder, BOXX Insurance. “Smartphones have become the fastest-selling gadgets in history. They have penetrated every aspect of daily life. The average person picks their phone up to 100 times a day so if we want to make their world a digitally safer place, we have to ensure their phone and their usage is better secured,” Kundi added.
“An extensive research conducted by Zurich Insurance in Switzerland showed that many are not aware of online dangers and that around a quarter have already been victims of a cyber-attack. In addition, customers are simply overwhelmed with the range of cyber products,” says René Harlacher, Chief Underwriting Officer of Zurich Insurance in Switzerland. “At Zurich, it’s our mission to go beyond mere protection, and also offer our customers tools to help them build resilience and implement preventative measures against cyber risks. Based on these facts, we are expanding our cyber offering for private individuals so that we can provide them with support before, during and after a possible cyber-attack. This is exactly where our joint offering with BOXX Insurance comes in, as a way to lend additional support to our customers,” he adds.
The newly launched solution by Zurich Insurance in Switzerland focuses on providing essential services to help prevent digital threats combined with emergency assistance and support in case of an emergency. Delivered to end customers by Zurich, key features include:
Identity Protection: Identifies if personal data captured in the app shows up on the dark web and notifies users, providing help and advice to reduce threats of identity theft.Secure VPN: By creating a secure and encrypted internet connection the VPN protects data from potential threats such as hacking, identity theft, and phishing attacks. Secure WiFi: Scans WiFi networks for threats and helps proactively detect security issues.Safe Browsing: Warns against harmful websites and links to protect privacy and personal data.Device Protection: Checks and improves the security settings of devices. Devices with the Android operating system are additionally protected against viruses and malware.Password Manager: Creates and manages strong passwords and assists with their use.Edutainment: Educational content in an entertaining way to raise awareness of personal cyber security.Emergency Support and Assistance: Help and assistance from cyber security experts to provide support in cyber emergencies and for many other IT-related problems.   The new offering is available here: https://www.zurich.ch/en/private-customers/living-events/cyberprotection/insurance-prevention
“From providing protection from the dangers of being connected at home and on the go, customers now have the means to keep their devices and data secure and have access to indispensable help in an emergency, all in one easy-to-use app,” Kundi added.
Zurich has been working with BOXX since 2021 and participated in BOXX’s Series A and Series B funding rounds. As a Zurich Global Ventures portfolio company, BOXX is proud to now extend the ongoing collaboration with Zurich to enable Swiss customers to be digitally safer.
About BOXX Insurance 
BOXX Insurance Inc. helps businesses, individuals and families insure and defend against cyber threats. Privately-held with headquarters in Canada, BOXX has global offices in Toronto, Miami, Zurich, Dubai and Mumbai.
BOXX Insurance is an award-winning global cyber protection and insurance provider. We’re not a typical company. That’s by design. We’re serious about making the world a digitally safer place; creating real, positive changes for our clients and partners, and building a lasting legacy, from what we create, inside the BOXX.
Every day we’re improving the digital health of businesses, families and individuals around the world who rely on BOXX’s solutions and services to predict, prevent and insure them against cyber threats.
Media Contact: Sarah Madden, [email protected] 

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Artificial Intelligence

Amp Finalises Commercial Agreements for Cape Hardy Advanced Fuels Precinct

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ADELAIDE, Australia, May 21, 2024 /PRNewswire/ — Amp Energy (“Amp” or the “Company”) announced today it has finalised all required commercial agreements for the development of the Cape Hardy Advanced Fuels Precinct – one of the leading green hydrogen, green ammonia and advanced fuel projects in Australia. The agreements, which were executed with Iron Road Ltd, include the purchase of a 630-hectare parcel of land at Cape Hardy as well as finalised royalty structure and common user infrastructure agreement. Amp will continue to build upon development progress made since announcing the Strategic Framework Agreement with Iron Road Ltd in April 2023 to bring advanced fuel production capacity to Cape Hardy.

The Cape Hardy Advanced Fuels Precinct will provide production at scale with up to 10 GW of planned electrolyser capacity. Development will be structured to initially bring 1 GW online with incremental stages to reach 10 GW of total capacity.   The project will both cater to the domestic Australian market, supporting the Australian Government’s net zero goals, while also featuring global export capabilities.  To facilitate distribution, Cape Hardy will be equipped with Australia’s first purpose-built advanced fuels export terminal.   
Amp has been in discussions to develop the Cape Hardy Advanced Fuels precinct, in collaboration with Iron Road Ltd and The Government of South Australia, for the past two years. During that time, Amp has made significant development progress.  The project’s concept, design, and pre-Front End Engineering Design (FEED) phase have been studied and reviewed by two leading global engineering firms, Arup and Technip Technologies, as Amp targets completion of pre-FEED studies for the first 1 GW electrolyser phase over the next 9 months. FEED scoping and contracting is currently underway ahead of awarding the FEED contract in late 2024 or early 2025.
Desalinated water is to be sourced from the recently announced Northern Water Supply (NWS) seawater desalination plant that will be located at Cape Hardy to meet the project’s demand for electrolyser feed water, cooling water, process plant water, and fire water. Amp is co-funding pre-FID expenditures for the NWS project.
Additionally, Amp is working closely with the Barngarla Determination Aboriginal Corporation RNTBC (“BDAC”).  With continued support from the BDAC, Amp is confident the Cape Hardy Advanced Fuels Precinct will have a meaningful economic impact on the region.  Amp currently estimates this will include approximately 4,000 direct and 6,000 indirect jobs for the first gigawatt of electrolyser capacity alone.
“We are seeing growing demand for Advanced Fuels both in Australia and abroad. This includes green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel. The Cape Hardy Advanced Fuels Precinct will allow for large-scale production of these fuels that will be critical to the energy transition and achieving net zero targets. We could not be more excited about the project’s potential impact, and we are grateful for the partnership and continued support from Iron Road Ltd, the South Australian Government and BDAC as we progress full steam ahead on development” said Paul Ezekiel, Amp President and Co-founder.
Minister for Trade and Investment, Joe Szakacs said “The State Government recognises the strategic importance of the Cape Hardy Advanced Fuels Precinct attracting investment into the state for domestic and export opportunities, as there is an increasing flight to quality for hydrogen projects worldwide.”
About AmpAmp Energy is a global energy transition development platform, which delivers renewables, battery storage, Advanced Fuels and green AI data centers at scale, together with proprietary AI-enabled grid flexibility through its Amp X platform. Since its inception 15 years ago, Amp has developed and built or contracted 14 GW of assets globally. Amp is backed by major investments from institutional capital partners including global private equity firm the Carlyle Group, who has invested over US$440 million. The company has global operations throughout North America, the UK, Australia, Japan, and Spain.
For more information, please visit amp.energy

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Artificial Intelligence

GEEKOM A8 AI PC is now available for €799 and up.

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TAIPEI, May 21, 2024 /PRNewswire/ — The GEEKOM A8, a highly anticipated Next-Gen AI mini PC with an AMD HawkPoint Ryzen 8040 processor, is now available.

The A8 employs a metal housing with rounded corners and anodized matte finish, giving it a gorgeous and stylish look. Having a footprint smaller than the palm of a hand, the mini PC will conveniently fit in all types of desktop arrangement and instantly elevate the aesthetics of any workspace.
There are two variants of the GEEKOM A8, users have the option to choose between two processors from the same AMD HawkPoint family: Ryzen 7 8845HS and Ryzen 9 8945HS. Both chips feature 8 Zen 4 CPU cores, 16 threads, 16MB L3 cache, an AMD Radeon 780M integrated GPU as well as a Ryzen AI Engine NPU, but the Ryzen 9 8945HS is designed to offer slightly better performance, thanks to its higher CPU and GPU frequencies.
With a greatly enhanced NPU, the A8 can execute 60% more AI workloads than mini PCs with last-generation Ryzen 7040 chips, allowing users to embrace a new era of AI computing. For average consumers, the A8 will quickly find answers to all questions and turn texts into images and videos. For business users, the A8 will automatically summarize notes, transcribe calls, and take meeting minutes. For professional content creators, the A8 will bring much faster AI-powered photo editing, quicker video output, and speedier multi-tasking, helping bring the most ambitious ideas to life. With the new IceBlast 1.5 cooling technology, the A8 can stay cool and stable even when tasks are loaded.
Besides its powerful performance, the A8 also offers a wide array of ports, including four USB-A (including three USB3.2 Gen2), two HDMI2.0, a 40Gbps USB4, a multi-function Type-C, an SDXC slot, and a 3.5mm audio jack. Users can choose to connect the mini PC to an eGPU, ultra high-speed portable storage, or up to four 4K displays.
The A8 is now available on GEEKOM’s independent website. The 8845HS and 8945HS variants are priced at €799 and €949 respectively. Regardless of the CPU option, each unit is preinstalled with 32GB dual-channel SO-DIMM DDR5-5600 RAM, a fast 1TB M.2 2280 PCIe4.0*4 SSD, a wireless card that supports WiFi 7 and Bluetooth 5.4, and a licensed copy of Windows 11 operating system.
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