Content Service Platforms Market to surpass $130 Bn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]
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Source: Yahoo! Finance
Selbyville, Delaware, April 29, 2024 (GLOBE NEWSWIRE) -- The content service platforms market valuation is predicted to cross USD 130 billion by 2032, as reported in a research study by Global Market Insights Inc. The growth of the retail e-commerce sector will accelerate the industry development. As per Forbes, the worldwide retail e-commerce sales are projected to surge from 2022 to 2027. By 2024, online purchases are expected to constitute 20.1% of the total retail transactions. With the increasing trend of consumers turning to online platforms for shopping and entertainment, there is a heightened demand for content creation, distribution, and management solutions. E-commerce businesses require engaging and persuasive content to attract and retain customers, while online media outlets strive to deliver diverse and appealing content to their audiences. This surge in demand is fueling the expansion of content service platforms market, as businesses seek efficient ways to produ
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