Vision Research Report, Recently Announced New Report on “data labeling solution and services market – Global Industry Analysis, Market Size, Share, Growth, Trends, Region Outlook, And Segment Forecasts, 2021 – 2030″.
Global “Data labeling solution and services market” Report 2021 covering manufacturers, regions, segments, forecast to 2030 is that the recent research report with correct information and extremely authentic info. The report provides insights on market share, market size, rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. The Data labeling solution and services research report focuses on the competitive surroundings that has section on company profile covering product specifications, geographical coverage, recent developments, revenue analysis, and market shares. what is more, the report offers strategic recommendations so as to help the consumers to align business goals.
The Data labeling solution and services market revenue share is set to grow at a yearly rate of X% during 2021-2030, while its valuation is Projected to jump from $ 6.7 billion in 2021 to $40.11 Bn in 2030.
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By Sourcing type Analysis
The outsourced segment led the sourcing type segment of the data labeling solution and services market. In 2020, the segment held the largest revenue share of 83.7%. The outsourced segment is expected to account for the largest revenue share and provide solid growth opportunities.
The segment is expected to witness the fastest CAGR over the forecast period. Short-term commitments and cost-effectiveness are priorities for outsourcing organizations. Outsourced companies assist organizations in achieving a flexible approach to developing annotative capacity, solid security protocols, and consulting practice for their labeling needs.
The in-house segment is estimated to witness moderate growth throughout the forecast period. Implementation of in-house data labeling solutions empowers businesses to develop reliable labeling processes and replicable systems for managing data. The companies can also set up custom practices according to the desires and requirements of the company.
By Type Analysis
The text segment led the market and accounted for the largest revenue share of over 37.0% in 2020. However, the image/ video segment will dominate the market over the forecast period. The high revenue share of the segment can be ascribed to the growing use of computer vision in various industries, including healthcare, automotive, media, and entertainment.
Increased use of advanced technology is anticipated to further fuel the growth of the image/video segment. The growing use of computer applications in the healthcare industry for x-ray, CT scans, MRI, and patient treatments will also propel the growth.
By Annotation Type Analysis
The manual segment dominated the market, with over 82.0% revenue share. The market is divided into manual, semi-supervised, and automatic annotation types. The process of humans categorizing or annotating any data is known as manual data annotation. Compared to automatic annotation, the method is appealing because of benefits such as consistency, high integrity, and low data annotation efforts.
Over the projected period, the automatic annotation segment is expected to expand at a favorable CAGR. AI is becoming increasingly important in the data labeling sector as it enables the extraction of high-level and sophisticated abstractions from datasets through a hierarchical learning process.
By Vertical Analysis
The IT segment dominated the market with a 33.7 % revenue share, due to the widespread use of AI applications in the sector. The healthcare business is expected to increase significantly during the projection period.
Artificial intelligence is widely employed in the healthcare industry for various applications, including diagnostic automation, gene sequencing, treatment prediction, medication discovery, deep learning, and machine learning methods to train datasets. Since highly accurate data labeling is required for efficient AI-based applications, it directly impacts its growth.
Over the projected period, the automotive segment is expected to register the fastest CAGR of 25.2%. Data labeling technology is increasingly being used in autonomous vehicles, which is expected to contribute to the substantial growth in the automotive segment.
By Regional Analysis
North America led the market with a revenue share of over 35.0%. Increasing investments in North American companies for AI solutions and services have spurred the demand. Early adopters in the markets, such as the U.S. and Canada, are the frontiers of data labeling solutions and services.
Asia Pacific is anticipated to expand at a CAGR of 25.2% over the forecast period, attributable to the rapidly increasing consumption of mobiles and tablets, swift technological advancements, and the increasing prominence of social networking in developing economies, such as India and China.
Global Data labeling solution and services market report provides key statistics on the state of the trade and could be a valuable supply of steerage and direction for corporations and people curious about the market. The Data labeling solution and services trade trends and promoting channels analysed. Data labeling solution and services Market discovers numerous topics like regional market scope, product market numerous applications, market size consistent with specific product, sales and revenue by region, producing analysis, Industrial Chain, Market result Factors Analysis, market size forecast, and more. Finally, the practicableness of latest investment comes is evaluated and overall analysis conclusions offered.
Key Players
Market Segmentation
Global Data labeling solution and services Market: Drivers and Restrains
The analysis report has incorporated the analysis of various factors that augment the market’s growth. It constitutes trends, restraints, and drivers that remodel the market in either a positive or negative manner. This section additionally provides the scope of various segments and applications that may probably influence the market within the future. The elaborated info is predicated on current trends and historic milestones. This section additionally provides an analysis of the amount of production regarding the world market and regarding every kind from 2021-2030.
COVID-19 impact on the Data labeling solution and services market
COVID-19 is associate communicable disease caused by the novel coronavirus. for the most part unknown before this happening across the world, COVID-19 has captive from a regional crisis to a worldwide pandemic in precisely a matter of a number of weeks. the world Health Organization (WHO) declared COVID-19 as an epidemic on March 11, 2021.
COVID-19 has compact most the industries across the world by disrupting provide chains and impeding numerous industrial operations. COVID-19-responsive measures undertaken by governments, like lockdown and social distancing, led to the closure of producing plants in the initial stage of the pandemic. With only a few industrial operations allowed, the demand for numerous input product within the industrial sector has declined considerably.
Key Highlights Involved in the Market Research Report: –
Data labeling solution and services Market Study Coverage: It includes key market segments, key makers covered, the scope of product offered within the years thought of, world Data labeling solution and services Market and study objectives. in addition, it touches the segmentation study provided within the report on the idea of the sort of product and applications.
Data labeling solution and services Market executive Summary: This section emphasizes the key studies, market rate, competitive landscape, market drivers, trends, and problems additionally to the gross indicators.
Data labeling solution and services Market Production by Region: The report delivers knowledge associated with import and export, revenue, production, and key players of all regional markets studied area unit coated during this section.
Data labeling solution and services Market Profile of Manufacturers: Analysis of every market player profiled is elaborated during this section. This section conjointly provides SWOT analysis, products, production, value, capacity, and different very important factors of the individual player.
The report delivers a comprehensive study of all the segments and shares info concerning the leading regions within the market. This report additionally states import/export consumption, offer and demand Figures, cost, business share, policy, price, revenue, and gross margins.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Labeling Type Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Data Labeling Solution And Services Market, By Sourcing Type
7.1. Data Labeling Solution And Services Market, by Sourcing Type, 2021-2030
7.1.1. In-House
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. Outsourced
7.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 8. Global Data Labeling Solution And Services Market, By Type
8.1. Data Labeling Solution And Services Market, by Type, 2021-2030
8.1.1. Text
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Image/Video
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Audio
8.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Data Labeling Solution And Services Market, By Labeling Type
9.1. Data Labeling Solution And Services Market, by Labeling Type, 2021-2030
9.1.1. Manual
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Semi-supervised
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Automatic
9.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Data Labeling Solution And Services Market, By Vertical
10.1. Data Labeling Solution And Services Market, by Vertical, 2021-2030
10.1.1. IT
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Automotive
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. Government
10.1.3.1. Market Revenue and Forecast (2019-2030)
10.1.4. Healthcare
10.1.4.1. Market Revenue and Forecast (2019-2030)
10.1.5. Financial Services
10.1.5.1. Market Revenue and Forecast (2019-2030)
10.1.6. Retails
10.1.6.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Data Labeling Solution And Services Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.1.2. Market Revenue and Forecast, by Type (2019-2030)
11.1.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.1.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.1.5.2. Market Revenue and Forecast, by Type (2019-2030)
11.1.5.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.1.5.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.1.6.2. Market Revenue and Forecast, by Type (2019-2030)
11.1.6.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.1.6.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.2.2. Market Revenue and Forecast, by Type (2019-2030)
11.2.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.2.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.2.5.2. Market Revenue and Forecast, by Type (2019-2030)
11.2.5.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.2.5.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.2.6.2. Market Revenue and Forecast, by Type (2019-2030)
11.2.6.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.2.6.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.2.7.2. Market Revenue and Forecast, by Type (2019-2030)
11.2.7.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.2.7.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.2.8.2. Market Revenue and Forecast, by Type (2019-2030)
11.2.8.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.2.8.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.3.2. Market Revenue and Forecast, by Type (2019-2030)
11.3.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.3.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.3.5.2. Market Revenue and Forecast, by Type (2019-2030)
11.3.5.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.3.5.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.3.6.2. Market Revenue and Forecast, by Type (2019-2030)
11.3.6.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.3.6.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.3.7.2. Market Revenue and Forecast, by Type (2019-2030)
11.3.7.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.3.7.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.3.8.2. Market Revenue and Forecast, by Type (2019-2030)
11.3.8.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.3.8.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.4.2. Market Revenue and Forecast, by Type (2019-2030)
11.4.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.4.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.4.5.2. Market Revenue and Forecast, by Type (2019-2030)
11.4.5.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.4.5.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.4.6.2. Market Revenue and Forecast, by Type (2019-2030)
11.4.6.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.4.6.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.4.7.2. Market Revenue and Forecast, by Type (2019-2030)
11.4.7.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.4.7.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.4.8.2. Market Revenue and Forecast, by Type (2019-2030)
11.4.8.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.4.8.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.5.2. Market Revenue and Forecast, by Type (2019-2030)
11.5.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.5.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.5.5.2. Market Revenue and Forecast, by Type (2019-2030)
11.5.5.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.5.5.4. Market Revenue and Forecast, by Vertical (2019-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Sourcing Type (2019-2030)
11.5.6.2. Market Revenue and Forecast, by Type (2019-2030)
11.5.6.3. Market Revenue and Forecast, by Labeling Type (2019-2030)
11.5.6.4. Market Revenue and Forecast, by Vertical (2019-2030)
Chapter 12. Company Profiles
12.1. Alegion
12.1.1. Company Overview
12.1.2. Sourcing Type Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Amazon Mechanical Turk, Inc.
12.2.1. Company Overview
12.2.2. Sourcing Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Appen Limited
12.3.1. Company Overview
12.3.2. Sourcing Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Clickworker GmbH
12.4.1. Company Overview
12.4.2. Sourcing Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. CloudApp
12.5.1. Company Overview
12.5.2. Sourcing Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. CloudFactory Limited
12.6.1. Company Overview
12.6.2. Sourcing Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Cogito Tech LLC
12.7.1. Company Overview
12.7.2. Sourcing Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Crowdworks, Inc.
12.8.1. Company Overview
12.8.2. Sourcing Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Deep Systems, LLC
12.9.1. Company Overview
12.9.2. Sourcing Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. edgecase.ai
12.10.1. Company Overview
12.10.2. Sourcing Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
Glossary of Terms
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