August 15, 2022

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Business is my step

The Web Content, Search Portals, SEO Services And Social Media Market 2020

1 min read

As per data on the Global Market Model, many users and non-users of social networks such as Facebook have concerns over the privacy of information they provide to these companies, which is expected to hinder the growth of the web content, search portals, SEO services and social media market in the forecast period. Concerns include IP infringement, censorship, trolling, fake news and inappropriate content, and the difficulties of removing content once posted to sites. Facebook has already been part of a data scandal, where the data of about 87 million people was made accessible to the political consulting and strategic communication firm, Cambridge Analytica, due to factors such as inadequate safeguarding of data against companies engaging in data harvesting and no oversight of developers by Facebook. Such privacy concerns reduce the potential growth of social networking sites, thus reducing revenues in the market.

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