Data Annotation Tools Market Scope And Analysis

Report Code : TIPRE00008379
Category : Technology, Media and Telecommunications

No. of Pages : 150

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Data Annotation Tools Market Analysis and Scope (2024 to 2031)

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Data Annotation Tools Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 1.58 Billion
Market Size by 2031	US$ 7.92 Billion
Global CAGR (2023 - 2031)	22.3%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Type Text Image By Annotation Type Manual Semi-Supervised Automatic By End-user Automotive Government Healthcare Financial Services Retail IT Telecom
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Appen Limited CloudFactory Limited Cogito Keylabs ai LTD Google LLC Labelbox Inc LIGHTTAG Tagtog Sp z o o ClickWorker GmbH SCALE AI INC

Data Annotation Tools Market News and Recent Developments

The data annotation tools market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for data annotation tools and strategies:

In November 2023, Appen Limited, a leading provider of high-quality data for the AI lifecycle, selected Amazon Web Services (AWS) as its primary cloud for its AI solutions and innovation. The companies are expanding their relationship with a multi-year agreement as Appen develops new enterprise solutions for AI data sourcing, annotation, and model evaluation. (Source: Appen Limited, Press Release, 2023)

Data Annotation Tools Market Report Coverage and Deliverables

The “Data Annotation Tools Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Key future trends
Detailed PEST/Porter’s Five Forces and SWOT analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles