
Europe Data Labeling Solution And Services Market Size, Share & Industry Trends Analysis Report By Type, By Labeling Type (Manual, Semi-Supervised, and Automatic), By Sourcing Type, By Vertical, By Country and Growth Forecast, 2023 - 2030
Description
Europe Data Labeling Solution And Services Market Size, Share & Industry Trends Analysis Report By Type, By Labeling Type (Manual, Semi-Supervised, and Automatic), By Sourcing Type, By Vertical, By Country and Growth Forecast, 2023 - 2030
The Europe Data Labeling Solution and Services Market would witness market growth of 19.3% CAGR during the forecast period (2023-2030).
The market opportunity has significantly expanded due to the increasing dependence on the virtual world for data collection, classification, and integration. As the virtual world's firmly established, it was not unexpected to see that this market is anticipated to expand. The demand for labeling solutions will likely expand as more businesses adopt advanced analytical tools like big data analytics, augmented reality, and IoT.
Data labeling tools aid users in creating data value by adding attribute tags. Data labeling is the act of recognizing unprocessed information (text, videos, photos, etc.) and adding one or more meaningful labels to provide context. Numerous industries have used machine learning, including robots and drones, automated photo organization on visual websites, and facial recognition on social networking websites supported by data collection. Data labeling solutions and services are primarily fuelled by the automotive industry's significant expansion, particularly in self-driving cars.
As per the government of Europe, Germany’s healthcare system could benefit from digital technologies to improve patient-centred care. The German Federal Government has financed 22 projects totalling roughly EUR 50 million for up to 36 months throughout the 2020–2023 term under the funding program “Digital Innovations for the Improvement of patient-focused Services in the health care system”. They help to show the potential advantages of AI techniques when used in conjunction with the use and evaluation of enormous amounts of data for patient care. The market is expected to expand alongside AI technology’s increasing popularity and digitalization of healthcare sector in the region.
The Germany market dominated the Europe Data Labeling Solution and Services Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.1 billion by 2030. The UK market is estimated to grow at a CAGR of 18.3% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 20.2% during (2023 - 2030).
Based on Type, the market is segmented into Image/Video, Text, and Audio. Based on Labeling Type, the market is segmented into Manual, Semi-Supervised, and Automatic. Based on Sourcing Type, the market is segmented into Outsourced, and In-House. Based on Vertical, the market is segmented into IT, Automotive, Financial Services, Government, Healthcare, Retail, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Google LLC (Alphabet Inc.), Appen Limited, TELUS International (Playment, Inc.), Yandex N.V., Uber Technologies, Inc. (Mighty AI, Inc.), Zight, Alegion, Inc., Scale AI, Inc., Labelbox, Inc., Cogito Tech LLC
Scope of the Study
Market Segments covered in the Report:
By Type
- Image/Video
- Text
- Audio
- Manual
- Semi-Supervised
- Automatic
- Outsourced
- In-House
- IT
- Automotive
- Financial Services
- Government
- Healthcare
- Retail
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Google LLC (Alphabet Inc.)
- Appen Limited
- TELUS International (Playment, Inc.)
- Yandex N.V.
- Uber Technologies, Inc. (Mighty AI, Inc.)
- Zight
- Alegion, Inc.
- Scale AI, Inc.
- Labelbox, Inc.
- Cogito Tech LLC
- Exhaustive coverage
- Highest number of market tables and figures
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Table of Contents
137 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Data Labeling Solution and Services Market, by Type
- 1.4.2 Europe Data Labeling Solution and Services Market, by Labeling Type
- 1.4.3 Europe Data Labeling Solution and Services Market, by Sourcing Type
- 1.4.4 Europe Data Labeling Solution and Services Market, by Vertical
- 1.4.5 Europe Data Labeling Solution and Services Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market At a Glance
- 2.1 Key Highlight
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2022
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Oct – 2023, Feb) Leading Players
- 4.5 Porter’s Five Force Analysis
- Chapter 5. Europe Data Labeling Solution and Services Market by Type
- 5.1 Europe Image/Video Market by Country
- 5.2 Europe Text Market by Country
- 5.3 Europe Audio Market by Country
- Chapter 6. Europe Data Labeling Solution and Services Market by Labeling Type
- 6.1 Europe Manual Market by Country
- 6.2 Europe Semi-Supervised Market by Country
- 6.3 Europe Automatic Market by Country
- Chapter 7. Europe Data Labeling Solution and Services Market by Sourcing Type
- 7.1 Europe Outsourced Market by Country
- 7.2 Europe In-House Market by Country
- Chapter 8. Europe Data Labeling Solution and Services Market by Vertical
- 8.1 Europe IT Market by Country
- 8.2 Europe Automotive Market by Country
- 8.3 Europe Financial Services Market by Country
- 8.4 Europe Government Market by Country
- 8.5 Europe Healthcare Market by Country
- 8.6 Europe Retail Market by Country
- 8.7 Europe Others Market by Country
- Chapter 9. Europe Data Labeling Solution and Services Market by Country
- 9.1 Germany Data Labeling Solution and Services Market
- 9.1.1 Germany Data Labeling Solution and Services Market by Type
- 9.1.2 Germany Data Labeling Solution and Services Market by Labeling Type
- 9.1.3 Germany Data Labeling Solution and Services Market by Sourcing Type
- 9.1.4 Germany Data Labeling Solution and Services Market by Vertical
- 9.2 UK Data Labeling Solution and Services Market
- 9.2.1 UK Data Labeling Solution and Services Market by Type
- 9.2.2 UK Data Labeling Solution and Services Market by Labeling Type
- 9.2.3 UK Data Labeling Solution and Services Market by Sourcing Type
- 9.2.4 UK Data Labeling Solution and Services Market by Vertical
- 9.3 France Data Labeling Solution and Services Market
- 9.3.1 France Data Labeling Solution and Services Market by Type
- 9.3.2 France Data Labeling Solution and Services Market by Labeling Type
- 9.3.3 France Data Labeling Solution and Services Market by Sourcing Type
- 9.3.4 France Data Labeling Solution and Services Market by Vertical
- 9.4 Russia Data Labeling Solution and Services Market
- 9.4.1 Russia Data Labeling Solution and Services Market by Type
- 9.4.2 Russia Data Labeling Solution and Services Market by Labeling Type
- 9.4.3 Russia Data Labeling Solution and Services Market by Sourcing Type
- 9.4.4 Russia Data Labeling Solution and Services Market by Vertical
- 9.5 Spain Data Labeling Solution and Services Market
- 9.5.1 Spain Data Labeling Solution and Services Market by Type
- 9.5.2 Spain Data Labeling Solution and Services Market by Labeling Type
- 9.5.3 Spain Data Labeling Solution and Services Market by Sourcing Type
- 9.5.4 Spain Data Labeling Solution and Services Market by Vertical
- 9.6 Italy Data Labeling Solution and Services Market
- 9.6.1 Italy Data Labeling Solution and Services Market by Type
- 9.6.2 Italy Data Labeling Solution and Services Market by Labeling Type
- 9.6.3 Italy Data Labeling Solution and Services Market by Sourcing Type
- 9.6.4 Italy Data Labeling Solution and Services Market by Vertical
- 9.7 Rest of Europe Data Labeling Solution and Services Market
- 9.7.1 Rest of Europe Data Labeling Solution and Services Market by Type
- 9.7.2 Rest of Europe Data Labeling Solution and Services Market by Labeling Type
- 9.7.3 Rest of Europe Data Labeling Solution and Services Market by Sourcing Type
- 9.7.4 Rest of Europe Data Labeling Solution and Services Market by Vertical
- Chapter 10. Company Profiles
- 10.1 Google LLC (Alphabet Inc.)
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.6 SWOT Analysis
- 10.2 Appen Limited
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Recent strategies and developments:
- 10.2.4.1 Partnerships, Collaborations, and Agreements:
- 10.2.4.2 Product Launches and Product Expansions:
- 10.2.4.3 Acquisition and Mergers:
- 10.2.5 SWOT Analysis
- 10.3 TELUS International (Playment, Inc.)
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Recent strategies and developments:
- 10.3.3.1 Acquisition and Mergers:
- 10.3.4 SWOT Analysis
- 10.4 Yandex N.V.
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 SWOT Analysis
- 10.5 Uber Technologies, Inc. (Mighty AI, Inc.)
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 SWOT Analysis
- 10.6 Zight
- 10.6.1 Company Overview
- 10.7 Alegion, Inc.
- 10.7.1 Company Overview
- 10.7.2 Recent strategies and developments:
- 10.7.2.1 Partnerships, Collaborations, and Agreements:
- 10.7.2.2 Product Launches and Product Expansions:
- 10.7.3 SWOT Analysis
- 10.8 Scale AI, Inc.
- 10.8.1 Company Overview
- 10.8.2 Recent strategies and developments:
- 10.8.2.1 Product Launches and Product Expansions:
- 10.8.3 SWOT Analysis
- 10.9 Labelbox, Inc.
- 10.9.1 Company overview
- 10.9.2 Recent strategies and developments:
- 10.9.2.1 Partnerships, Collaborations, and Agreements:
- 10.9.3 SWOT Analysis
- 10.10. Cogito Tech LLC
- 10.10.1 Company Overview
- 10.10.2 Recent Strategies and Developments:
- 10.10.2.1 Product Launch and Product expansions
- 10.10.3 SWOT Analysis
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