Data Collection Tools Market Updates by 2031
Data collection is the process of gathering or assembling data and evaluating it systematically to obtain insights that help in solving business challenges and overcome them. Data collection tools have changed the way businesses works and function. It helps in understanding the customers in a better manner and also helps in meeting & exceeding their expectations. After data collection, data annotation comes into the picture. Data annotation involves the labeling of data in myriad forms, from video, text, audio, image, etc. It helps users in improving the data value by labeling & adding data attributes into it.
MARKET DYNAMICS
Different combination of data characteristics helps the end-users for managing the data definition at an integrated location and further, eliminates any duplicity of rewriting similar standards in numerous places. Data collection tools are mostly used in medical & healthcare applications like drug development and gene sequencing. Increasing investments in research & development for autonomous vehicles are also contributing towards the growth of the market. Vendors of the data collection tools market focus on the development of novel marketing strategies and ideas to shape a niche position for themselves. The primary focus is being put towards the creation of a brand reputation, the launch of new products, and gaining a strong market position in the global data collection tools market.
MARKET SCOPE
The "Global Data Collection Tools Market Analysis to 2031" is a specialized and in-depth study of the technology media and telecommunication industry with a special focus on the global market trend analysis. The data collection tools market report aims to provide an overview of the data collection tools market with detailed market segmentation by data type, end-user, and geography. The global data collection tools market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data collection tools market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global data collection tools market is segmented on the basis of data type, and end-user. Based on data type, the data collection tools market is segmented into: Speech Data, Conversational Data, Text-to-Speech Data, Image & Video Data, and Others. On the basis of end-user, the market is segmented into: Automotive, Government, Healthcare, Financial Services, Retail, IT and Telecom, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global data collection tools market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data collection tools market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the data collection tools market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the data collection tools in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global data collection tools market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data collection tools market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the data collection tools market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the data collection tools in these regions.
MARKET PLAYERS
The reports cover key developments in the data collection tools market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from data collection tools market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the data collection tools market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the data collection tools market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AI Data Innovations
- Appen Limited
- CloudApp
- Cogito
- Global Technology Solutions
- Globalme Localization Inc
- Google LLC
- Keymakr Inc
- Labelbox, Inc
- Lionbridge Technologies, Inc
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Data Collection Tools Market - By Data Type
1.3.2 Data Collection Tools Market - By End-User
1.3.3 Data Collection Tools Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. DATA COLLECTION TOOLS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. DATA COLLECTION TOOLS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. DATA COLLECTION TOOLS MARKET - GLOBAL MARKET ANALYSIS
6.1. DATA COLLECTION TOOLS - GLOBAL MARKET OVERVIEW
6.2. DATA COLLECTION TOOLS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DATA COLLECTION TOOLS MARKET - REVENUE AND FORECASTS TO 2028 - DATA TYPE
7.1. OVERVIEW
7.2. DATA TYPE MARKET FORECASTS AND ANALYSIS
7.3. SPEECH DATA
7.3.1. Overview
7.3.2. Speech Data Market Forecast and Analysis
7.4. CONVERSATIONAL DATA
7.4.1. Overview
7.4.2. Conversational Data Market Forecast and Analysis
7.5. TEXT-TO-SPEECH DATA
7.5.1. Overview
7.5.2. Text-to-Speech Data Market Forecast and Analysis
7.6. IMAGE AND VIDEO DATA
7.6.1. Overview
7.6.2. Image and Video Data Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. DATA COLLECTION TOOLS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. GOVERNMENT
8.4.1. Overview
8.4.2. Government Market Forecast and Analysis
8.5. HEALTHCARE
8.5.1. Overview
8.5.2. Healthcare Market Forecast and Analysis
8.6. FINANCIAL SERVICES
8.6.1. Overview
8.6.2. Financial Services Market Forecast and Analysis
8.7. RETAIL
8.7.1. Overview
8.7.2. Retail Market Forecast and Analysis
8.8. IT AND TELECOM
8.8.1. Overview
8.8.2. IT and Telecom Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. DATA COLLECTION TOOLS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Data Collection Tools Market Overview
9.1.2 North America Data Collection Tools Market Forecasts and Analysis
9.1.3 North America Data Collection Tools Market Forecasts and Analysis - By Data Type
9.1.4 North America Data Collection Tools Market Forecasts and Analysis - By End-User
9.1.5 North America Data Collection Tools Market Forecasts and Analysis - By Countries
9.1.5.1 United States Data Collection Tools Market
9.1.5.1.1 United States Data Collection Tools Market by Data Type
9.1.5.1.2 United States Data Collection Tools Market by End-User
9.1.5.2 Canada Data Collection Tools Market
9.1.5.2.1 Canada Data Collection Tools Market by Data Type
9.1.5.2.2 Canada Data Collection Tools Market by End-User
9.1.5.3 Mexico Data Collection Tools Market
9.1.5.3.1 Mexico Data Collection Tools Market by Data Type
9.1.5.3.2 Mexico Data Collection Tools Market by End-User
9.2. EUROPE
9.2.1 Europe Data Collection Tools Market Overview
9.2.2 Europe Data Collection Tools Market Forecasts and Analysis
9.2.3 Europe Data Collection Tools Market Forecasts and Analysis - By Data Type
9.2.4 Europe Data Collection Tools Market Forecasts and Analysis - By End-User
9.2.5 Europe Data Collection Tools Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Data Collection Tools Market
9.2.5.1.1 Germany Data Collection Tools Market by Data Type
9.2.5.1.2 Germany Data Collection Tools Market by End-User
9.2.5.2 France Data Collection Tools Market
9.2.5.2.1 France Data Collection Tools Market by Data Type
9.2.5.2.2 France Data Collection Tools Market by End-User
9.2.5.3 Italy Data Collection Tools Market
9.2.5.3.1 Italy Data Collection Tools Market by Data Type
9.2.5.3.2 Italy Data Collection Tools Market by End-User
9.2.5.4 United Kingdom Data Collection Tools Market
9.2.5.4.1 United Kingdom Data Collection Tools Market by Data Type
9.2.5.4.2 United Kingdom Data Collection Tools Market by End-User
9.2.5.5 Russia Data Collection Tools Market
9.2.5.5.1 Russia Data Collection Tools Market by Data Type
9.2.5.5.2 Russia Data Collection Tools Market by End-User
9.2.5.6 Rest of Europe Data Collection Tools Market
9.2.5.6.1 Rest of Europe Data Collection Tools Market by Data Type
9.2.5.6.2 Rest of Europe Data Collection Tools Market by End-User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Data Collection Tools Market Overview
9.3.2 Asia-Pacific Data Collection Tools Market Forecasts and Analysis
9.3.3 Asia-Pacific Data Collection Tools Market Forecasts and Analysis - By Data Type
9.3.4 Asia-Pacific Data Collection Tools Market Forecasts and Analysis - By End-User
9.3.5 Asia-Pacific Data Collection Tools Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Data Collection Tools Market
9.3.5.1.1 Australia Data Collection Tools Market by Data Type
9.3.5.1.2 Australia Data Collection Tools Market by End-User
9.3.5.2 China Data Collection Tools Market
9.3.5.2.1 China Data Collection Tools Market by Data Type
9.3.5.2.2 China Data Collection Tools Market by End-User
9.3.5.3 India Data Collection Tools Market
9.3.5.3.1 India Data Collection Tools Market by Data Type
9.3.5.3.2 India Data Collection Tools Market by End-User
9.3.5.4 Japan Data Collection Tools Market
9.3.5.4.1 Japan Data Collection Tools Market by Data Type
9.3.5.4.2 Japan Data Collection Tools Market by End-User
9.3.5.5 South Korea Data Collection Tools Market
9.3.5.5.1 South Korea Data Collection Tools Market by Data Type
9.3.5.5.2 South Korea Data Collection Tools Market by End-User
9.3.5.6 Rest of Asia-Pacific Data Collection Tools Market
9.3.5.6.1 Rest of Asia-Pacific Data Collection Tools Market by Data Type
9.3.5.6.2 Rest of Asia-Pacific Data Collection Tools Market by End-User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Data Collection Tools Market Overview
9.4.2 Middle East and Africa Data Collection Tools Market Forecasts and Analysis
9.4.3 Middle East and Africa Data Collection Tools Market Forecasts and Analysis - By Data Type
9.4.4 Middle East and Africa Data Collection Tools Market Forecasts and Analysis - By End-User
9.4.5 Middle East and Africa Data Collection Tools Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Data Collection Tools Market
9.4.5.1.1 South Africa Data Collection Tools Market by Data Type
9.4.5.1.2 South Africa Data Collection Tools Market by End-User
9.4.5.2 Saudi Arabia Data Collection Tools Market
9.4.5.2.1 Saudi Arabia Data Collection Tools Market by Data Type
9.4.5.2.2 Saudi Arabia Data Collection Tools Market by End-User
9.4.5.3 U.A.E Data Collection Tools Market
9.4.5.3.1 U.A.E Data Collection Tools Market by Data Type
9.4.5.3.2 U.A.E Data Collection Tools Market by End-User
9.4.5.4 Rest of Middle East and Africa Data Collection Tools Market
9.4.5.4.1 Rest of Middle East and Africa Data Collection Tools Market by Data Type
9.4.5.4.2 Rest of Middle East and Africa Data Collection Tools Market by End-User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Data Collection Tools Market Overview
9.5.2 South and Central America Data Collection Tools Market Forecasts and Analysis
9.5.3 South and Central America Data Collection Tools Market Forecasts and Analysis - By Data Type
9.5.4 South and Central America Data Collection Tools Market Forecasts and Analysis - By End-User
9.5.5 South and Central America Data Collection Tools Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Data Collection Tools Market
9.5.5.1.1 Brazil Data Collection Tools Market by Data Type
9.5.5.1.2 Brazil Data Collection Tools Market by End-User
9.5.5.2 Argentina Data Collection Tools Market
9.5.5.2.1 Argentina Data Collection Tools Market by Data Type
9.5.5.2.2 Argentina Data Collection Tools Market by End-User
9.5.5.3 Rest of South and Central America Data Collection Tools Market
9.5.5.3.1 Rest of South and Central America Data Collection Tools Market by Data Type
9.5.5.3.2 Rest of South and Central America Data Collection Tools Market by End-User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. DATA COLLECTION TOOLS MARKET, KEY COMPANY PROFILES
11.1. AI DATA INNOVATIONS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. APPEN LIMITED
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CLOUDAPP
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. COGITO
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GLOBAL TECHNOLOGY SOLUTIONS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GLOBALME LOCALIZATION INC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. GOOGLE LLC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KEYMAKR INC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. LABELBOX, INC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. LIONBRIDGE TECHNOLOGIES, INC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. AI Data Innovations
2. Appen Limited
3. CloudApp
4. Cogito
5. Global Technology Solutions
6. Globalme Localization Inc
7. Google LLC
8. Keymakr Inc
9. Labelbox, Inc
10. Lionbridge Technologies, Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For