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Data Collection and Labelling Market Research Report By Data Type (Text, Image/ Video and Audio), by Vertical (IT, Automotive, Government, Healthcare, BFSI, Retail & E-commerce, and Others), and By Region (North America, Europe, Asia-Pacific, Middle East

Publisher Market Research Future
Published Nov 08, 2024
Length 132 Pages
SKU # RESFT19339446

Description

Data Collection and Labelling Market Research Report By Data Type (Text, Image/ Video and Audio), by Vertical (IT, Automotive, Government, Healthcare, BFSI, Retail & E-commerce, and Others), and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) Industry Forecast Till 2032


In 2023, the market size of data collection and labeling was estimated to be USD 2,701.8 million. The Data Collection and Labelling Market industry is anticipated to experience a compound annual growth rate (CAGR) of 29.4% from USD 2,984.1 million in 2024 to USD 23,476.8 million by 2032. This growth is expected to occur over the forecast period of 2024 to 2032. Both emerging startups and established firms have vast opportunities in the Data Collection and Labelling market.

The integrity of data annotations is a critical element in the training of self-driving automobiles. It is imperative to ensure the dependability and safety of autonomous vehicles by utilizing annotations of the highest quality. The success of autonomous driving is contingent upon the precise annotation of data, which enables vehicles to navigate safely by accurately classifying roadside objects and characteristics. Inadequate data labeling procedures can have a detrimental effect on the development and manufacturing stages, resulting in bottlenecks and jeopardizing the functionality and security of self-driving vehicles. Data validation is a critical element of the data annotation process for self-driving vehicles, as it ensures the precise and reliable training of algorithms. It verifies that the annotated data is accurate, exhaustive, and relevant to the algorithms that are being trained. The future of data annotation quality in self-driving vehicles is the improvement of safety and accuracy using advanced annotation techniques and automation.

Market Segment Insights:
The Data Collection and Labelling Market has been segmented into Text, Image/Video, and Audio based on data type.
The Data Collection and Labelling Market has been segmented into IT, Automotive, Government, Healthcare, BFSI, Retail & E-commerce, and Others, based on vertical.

Regional Perspectives
The United States, Canada, and Mexico comprise North America. The demand for data collection and labeling has risen in North America. Data annotation and labeling have rapidly established themselves in this region, which is home to a significant number of large businesses that have adopted innovative technologies at a rapid pace. The escalating complexity of AI and machine learning models necessitates that companies outsource these services to satisfy their data processing requirements.

In recent years, the utilization of Artificial Intelligence (AI) and Machine Learning (ML) has expanded considerably across various industries in the Asia-Pacific region, particularly in countries such as China, Japan, and India. The demand for data acquisition and annotation is expanding at an exponential rate as these technologies are implemented in the real world.

The investigation encompasses the following regions: the United Kingdom, Germany, France, and the rest of Europe. The primary driver is the increasing demand for data collection and labeling services in Europe, as well as the increasing prevalence of AI and ML technologies. The sector in the region is progressively integrating AI and ML solutions as a result of the advancements in generative AI, which have rendered the technologies more deployable.

Major Players
Global Technology Solutions, Alegion, Labelbox, Inc., Reality AI, Globalme Localization Inc., Dobility Inc., Scale AI, and Trilldata Technologies PVT LTD are the key vendors in the market.

Table of Contents

132 Pages
1 Executive Summary 18
2 Market Introduction 21
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology 23
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.6 Approaches For Market Size Estimation:
3.6.1 Consumption & Net Trade Approach
3.6.2 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Type
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
4 Market Dynamics 38
4.1 Introduction
4.2 Drivers
4.2.1 Rise In Healthcare Ai Application
4.2.2 Rapidly Increasing In E Commerce
4.3 Restraints
4.3.1 Data Privacy And Security Concerns
4.3.2 Problems Related To Inadequate Training Data Quality
4.4 Opportunity
4.4.1 Growth Of Autonomous Technology
4.4.2 Growing Popularity Of Labelling Crowdsourced Data
5 Market Factor Analysis 43
5.1 Value Chain Analysis
5.1.1 Data Collection
5.1.2 Data Preprocessing
5.1.3 Select The Right Vendor Or Tool
5.1.4 Annotation Guidelines
5.1.5 Annotation
5.1.6 Quality Assurance (Qa)
5.1.7 Data Export
5.2 Porter's Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Threat Of Substitutes
5.2.4 Bargaining Power Of Buyers
5.2.5 Intensity Of Rivalry
5.3 Covid-19 Impact Analysis
5.3.1 Market Impact Analysis
5.3.2 Regional Impact
5.3.3 Opportunity And Threat Analysis
6 Global Data Collection And Labelling Market, By Data Type 49
6.1 Overview
6.2 Text
6.3 Image/ Video
6.4 Audio
7 Global Data Collection And Labelling Market, By Vertical 53
7.1 Introduction
7.2 It
7.3 Automotive
7.4 Government
7.5 Healthcare
7.6 Bfsi
7.7 Retail & E-commerce
7.8 Others
8 Global Data Collection And Labelling Market, By Region 59
8.1 Overview
Global Data Collection And Labelling Market, By Region, 2023 Vs 2032 (Usd Million)
8.2 North America
8.2.1 Us
8.2.2 Canada
8.3 Europe
8.3.1 Uk
8.3.2 Germany
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest Of Europe
8.4 Asia-pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 Rest Of Asia-pacific
8.5 Rest Of The World
8.5.1 Middle East
8.5.2 Africa
8.5.3 Latin America
9 Competitive Landscape 91
9.1 Introduction
9.2 Market Share Analysis, 2023
9.3 Competitor Dashboard
Summa Linguae Technologies
5 92
Appen
4 92
Ibm
5 92
Labelbox
4 92
Telus International
4 92
9.4 Major Players Financial Matrix
9.5 Key Developments & Growth Strategies
9.5.1 Product Development
9.5.2 Partnerships/Agreements/Contracts/Collaborations
10 Company Profile 97
10.1 Appen Limited
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products Offered
10.1.4 Key Developments
10.1.5 Swot Analysis
10.1.6 Key Strategies
10.2 Telus International
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products Offered
10.2.4 Key Developments
10.2.5 Swot Analysis
10.2.6 Key Strategies
10.3 Global Technology Solutions
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products Offered
10.4 Alegion
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products Offered
10.4.4 Key Developments
10.4.5 Swot Analysis
10.4.6 Key Strategies
10.5 Labelbox, Inc
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products Offered
10.5.4 Key Developments
10.5.5 Swot Analysis
10.5.6 Key Strategies
10.6 Renesas Electronics Corporation
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offered
10.6.4 Key Developments
10.6.5 Swot Analysis
10.6.6 Key Strategies
10.7 Summa Linguae Technologies
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products Offered
10.7.4 Key Developments
10.7.5 Swot Analysis
10.7.6 Key Strategies
10.8 Dobility Inc.
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products Offered
10.8.4 Key Developments
10.8.5 Swot Analysis
10.8.6 Key Strategies
10.9 Scale Ai Inc.
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Products Offered
10.9.4 Key Developments
10.9.5 Swot Analysis
10.9.6 Key Strategies
10.10 Ibm Corporation
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Products Offered
10.10.4 Key Developments
10.10.5 Swot Analysis
10.10.6 Key Strategies
List Of Tables
Table 1 Messages From The Management:
Table 2 Qfd Modeling For Market Share Assessment
Table 3 Global Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 4 Global Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 5 Global Data Collection And Labelling Market, By Region, 2019–2032 (Usd Million)
Table 6 North America: Data Collection And Labelling Market, By Country, 2019-2032 (Usd Million)
Table 7 North America Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 8 North America Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 9 Us Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 10 Us Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 11 Canada Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 12 Canada Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 13 Europe: Data Collection And Labelling Market, By Country, 2019-2032 (Usd Million)
Table 14 Europe Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 15 Europe Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 16 Uk Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 17 Uk Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 18 Germany Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 19 Germany Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 20 France Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 21 France Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 22 Italy Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 23 Italy Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 24 Spain Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 25 Spain Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 26 Rest Of Europe Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 27 Rest Of Europe Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 28 Asia-pacific: Data Collection And Labelling Market, By Country, 2019-2032 (Usd Million)
Table 29 Asia-pacific Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 30 Asia-pacific Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 31 China Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 32 China Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 33 Japan Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 34 Japan Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 35 India Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 36 India Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 37 South Korea Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 38 South Korea Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 39 Australia Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 40 Australia Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 41 Rest Of Asia-pacific Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 42 Rest Of Asia-pacific Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 43 Rest Of The World: Data Collection And Labelling Market, By Country, 2019-2032 (Usd Million)
Table 44 Rest Of The World Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 45 Rest Of The World Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 46 Middle East Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 47 Middle East Data Collection And Labelling Market, By Vertical, 2019-2032 (Millions)
Table 48 Africa Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 49 Africa Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 50 Latin America Data Collection And Labelling Market, By Data Type, 2019-2032 (Usd Million)
Table 51 Latin America Data Collection And Labelling Market, By Vertical, 2019-2032 (Usd Million)
Table 52 Leading Players In Terms Of Number Of Developments In The Global Data Collection And Labelling Market
Table 53 Sales & Operating Income, 2023
Table 54 Product Development
Table 55 Partnerships/Agreements/Contracts/Collaborations
Table 56 Appen Limited: Products/ Solutions/ Services Offered
Table 57 Appen Limited: Key Developments
Table 58 Telus International: Products/ Solutions/ Services Offered
Table 59 Telus International: Key Developments
Table 60 Global Technology Solutions: Products/ Solutions/ Services Offered
Table 61 Alegion: Products/ Solutions/ Services Offered
Table 62 Alegion: Key Developments
Table 63 Labelbox, Inc: Products/ Solutions/ Services Offered
Table 64 Labelbox, Inc: Key Developments
Table 65 Renesas Electronics Corporation: Products/ Solutions/ Services Offered
Table 66 Renesas Electronics Corporation: Key Developments
Table 67 Summa Linguae Technologies: Products/ Solutions/ Services Offered
Table 68 Summa Linguae Technologies: Key Developments
Table 69 Dobility Inc.: Products/ Solutions/ Services Offered
Table 70 Scale Ai Inc.: Products/ Solutions/ Services Offered
Table 71 Scale Ai Inc.: Key Developments
Table 72 Ibm Corp.: Products/ Solutions/ Services Offered
Table 73 Ibm Corp.: Key Developments
List Of Figures
Figure 1 Global Data Collection And Labelling Market: Executive Summary
Figure 2 Global Data Collection And Labelling Market: Structure
Figure 3 Global Data Collection & Labelling Market: Market Growth Factor Analysis (2022-2032)
Figure 4 Driver Impact Analysis (2023-2032)
Figure 5 Restraint Impact Analysis (2023-2032)
Figure 6 Opportunity Impact Forecast
Figure 7 Value Chain: Global Data Collection & Labelling Market
Figure 8 Porter's Five Forces Analysis Of The Global Data Collection & Labelling Market
Figure 9 Global Data Collection And Labelling Market; Data Type Segment Attractiveness
Figure 10 Global Data Collection And Labelling Market, By Data Type, 2023 & 2032 (Usd Million)
Figure 11 Global Data Collection And Labelling Market, By Data Type, 2023 (% Share)
Global Data Collection And Labelling Market, By Vertical, Segment Attractiveness Analysis
Figure 12 Global Data Collection And Labelling Market, By Vertical, 2023 & 2032 (Usd Million)
Figure 13 Global Data Collection And Labelling Market, By Vertical, 2023 (% Share)
Figure 14 Global Data Collection And Labelling Market, By Region, 2023 (% Share)
Figure 15 Global Data Collection And Labelling Market, By Region, 2023 Vs 2032 (Usd Million)
Figure 16 North America Market Analysis: Data Collection And Labelling Market, 2019-2023(Usd Million)
Figure 17 North America: Data Collection And Labelling Market Share, By Country, 2023 (% Share)
Figure 18 North America: Data Collection And Labelling Market Share, By Country, 2023 & 2032 (Usd Million)
Figure 19 Europe Market Analysis: Data Collection And Labelling Market, 2019-2023(Usd Million)
Figure 20 Europe: Data Collection And Labelling Market Share, By Country, 2023 (% Share)
Figure 21 Europe: Data Collection And Labelling Market Share, By Country, 2023 & 2032 (Usd Million)
Figure 22 Asia-pacific Market Analysis: Data Collection And Labelling Market, 2019-2023(Usd Million)
Figure 23 Asia-pacific: Data Collection And Labelling Market Share, By Country, 2023 (% Share)
Figure 24 Asia-pacific: Data Collection And Labelling Market Share, By Country, 2023 & 2032 (Usd Million)
Figure 25 Rest Of The World Market Analysis: Data Collection And Labelling Market, 2019-2023 (Usd Million)
Figure 26 Rest Of The World: Data Collection And Labelling Market Share, By Country, 2023 (% Share)
Figure 27 Rest Of The World: Data Collection And Labelling Market Share, By Country, 2023 & 2032 (Usd Million)
Figure 28 Global Data Collection And Labelling Market Players: Competitive Analsis, 2023
Figure 29 Competitor Dashboard: Global Data Collection And Labelling Market
Figure 30 Global Technology Solutions: Financial Overview Snapshot
Figure 31 Appen Limited: Swot Analysis
Figure 32 Telus International: Financial Overview Snapshot
Figure 33 Telus International: Swot Analysis
Figure 34 Alegion: Financial Overview Snapshot
Figure 35 Alegion: Swot Analysis
Figure 36 Labelbox, Inc: Swot Analysis
Figure 37 Renesas Electronics Corporation: Financial Overview Snapshot
Figure 38 Renesas Electronics Corporation: Swot Analysis
Note- The Company Does Not Provide Its Financial Information In Public Domain
Figure 39 Summa Linguae Technologies: Swot Analysis
Figure 40 Dobility Inc.: Financial Overview Snapshot
Figure 41 Dobility Inc.: Swot Analysis
Figure 42 Scale Ai Inc.: Swot Analysis
Figure 43 Ibm Corp.: Financial Overview Snapshot
Figure 44 Ibm Corp.: Swot Analysis

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