Data Annotation Tools Global Market Report 2024

Global Data Annotation Tools Market Report 2024

Data Annotation Tools Global Market Report 2024 – By Type( Text, Image/Video, Audio), By Technology( Supervised, Semi-Supervised, Automatic), By Vertical( IT, Automotive, Government, Healthcare, Financial Services, Retail, Other Verticals) – Market Size, Trends, And Global Forecast 2024-2033

Name: Data Annotation Tools Global Market Report 2024
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Data Annotation Tools Global Market Report 2024

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Data Annotation Tools Market Definition

A data annotation tool refers to a software solution that can be used to annotate production-grade training data for machine learning. It can be cloud-based, on-premises, or containerized.

The main types of data annotation tools are text, image or video, and audio. Text annotation also includes tagging various sentiments in text, such as angry or sarcastic, to teach the machine how to recognize human intent or emotion behind words in certain applications. The various supervised, semi-supervised, and automatic technologies are used in various verticals, such as IT, automotive, government, healthcare, financial services, retail, and other verticals.

Data Annotation Tools Market Segmentation

The data annotation tools market covered in this report is segmented –

1) By Type: Text, Image/Video, Audio

2) By Technology: Supervised, Semi-Supervised, Automatic

3) By Vertical: IT, Automotive, Government, Healthcare, Financial Services, Retail, Other Verticals

Global Data Annotation Tools Market Size 2023 to 2028: Graph

Data Annotation Tools Market Size 2024 And Growth Rate

The data annotation tools market size has grown exponentially in recent years. It will grow from $1.83 billion in 2023 to $2.37 billion in 2024 at a compound annual growth rate (CAGR) of 29.4%. The growth in the historic period can be attributed to rise in demand for annotated data, need for high-quality labeled data, regulatory compliance requirements, development of autonomous vehicles, focus on data quality and accuracy, global expansion of smart agriculture.

Data Annotation Tools Market Growth Forecast

The data annotation tools market size is expected to see exponential growth in the next few years. It will grow to $6.74 billion in 2028 at a compound annual growth rate (CAGR) of 29.8%. The growth in the forecast period can be attributed to advancements in annotation automation, increasing adoption of federated learning, emphasis on active learning techniques, enhanced tools for handling 3d data, development of annotation tools for multimodal data, focus on cost-effective annotation solutions. Major trends in the forecast period include growing emphasis on computer vision, outsourcing of data annotation services, shift toward semi-supervised and self-supervised learning, crowdsourcing for large-scale annotation projects, collaboration features in annotation platforms.

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Data Annotation Tools Market Driver: Surge In Big Data

The rise of big data is expected to propel the growth of the data annotation tools market going forward. Big data refers to more diverse information that arrives in larger volumes and moves faster. The widespread use of big data in data annotation is due to the metrics that are employed in machine learning processes as they store, analyze, and manage bulk data. For instance, according to a report released by the World Economic Forum, a Switzerland-based international non-governmental and lobbying organization, by the year 2025, it is predicted that 463 exabytes of massive data, which is equivalent to 212.77 million DVDs (digital video discs) per day, will be generated globally. Therefore, the rise of big data will drive the growth of the data annotation tools market.

Data Annotation Tools Market Driver: Increasing Internet Penetration

The increasing internet penetration in both rural and urban areas is expected to propel the growth of the data annotation tools market going forward. Internet penetration refers to the percentage of a population that has access to the internet. The surge in internet utilization is driving an increased need for data annotation tools, fueled by the growing volume of data accessible for analysis and comprehension. This is a direct result of the widespread integration of AI and machine learning technologies across diverse sectors, underscoring the essential role of data annotation in the training and enhancement of these technologies. For instance, in October 2022, according to DataReportal, a Singapore-based online reference library, a total of 5.07 billion people around the world use the internet, equivalent to 63.5 % of the world’s total population. Internet users continue to grow too, with the data indicating that the world’s connected population grew by more than 170 million in the past 12 months. Additionally, in July 2022, according to Livemint, an Indian financial daily newspaper, there were a total of 692 million active internet users in India, including 351 million from rural India and 341 from urban areas. The report estimates that there will be 900 million internet users in India by 2025. Therefore, the increasing internet penetration is driving the data annotation tools market during forecast period.

Global Data Annotation Tools Market Major Players

Major companies operating in the data annotation tools market report are Annotate.com, Appen Limited, CloudApp, Cogito Tech LLC, Deep Systems, iMerit Technology Services Pvt. Ltd., Samasource Inc., Lionbridge Technologies Inc., Clickworker GmbH, CloudFactory Limited, Scale Inc., Amazon Web Services Inc., Playment Inc., Labelbox Inc., Neurala Inc., Webtunix AI, Hive CloudApp Inc., TagX, Anolytics, LightTag, Alegion Inc., DefinedCrowd Corporation, Edgecase AI, V7 Labs, Supervisely OÜ, Dataloop AI

Global Data Annotation Tools Market Trend: Launch Of 3D Point Cloud Data Labelling Service

Technological advancement is a key trend gaining popularity in the data annotation tools market. Major market players are concentrating their efforts on creating innovative technologies to store and manage bulk data, such as mobile 3D point cloud data labeling. For instance, in June 2021, ByteBridge, a China-based company engaged in data labelling services, launched the world's first mobile-based 3D point cloud data labelling service. A 3D point cloud is a collection of numerous dots (data points) spread across a 3D space, with the dots collected using sensors such as LiDAR (Light Detection and Ranging). To create each dot, the sensors emit light, and the dots that have been collected are combined to form a complete image.

Global Data Annotation Tools Market Trend: Strategic Partnerships And Collaborations Among Market Players

Major Companies in the data annotation tools market are increasingly focusing on strategic partnerships and collaborations to improve their financial strength, strengthen their product portfolio and expand their geographical presence. A strategic partnership and collaboration is a formal alliance between two or more organizations that pool their resources, expertise, and capabilities to achieve mutually beneficial goals. For example, in November 2022, TechSee, an Israel-based company that specializes in AI-powered service automation and visual engagement technologies, announced a partnership with TELUS International, a Canada-based digital customer experience innovator. This collaboration aims to bring live computer vision to market in engagement centers, enhancing the tech stack of TELUS International. Through this partnership, TechSee's suite of AI-powered service automation and visual engagement products will be added to TELUS International's customer portfolio. This collaboration is expected to drive innovation and profitability for TELUS International's clients, while helping them deliver the best possible customer experiences.

Data Annotation Tools Market Merger And Acquisition: Telus International Acquired Lionbridge Ai

In March 2021, TELUS International, a Canada-based technology company, acquired Lionbridge AI for an undisclosed amount. With this acquisition of Lionbridge AI, TELUS International strengthens its penetration of the fast-growing new economy services market, allowing its team to support important AI applications as demand for high-quality, multilingual data annotation grows. Lionbridge AI is a US-based provider of scalable data annotation for text, images, videos, and audio.

Regional Outlook For The Global Data Annotation Tools Market

Asia Pacific was the largest region in the data annotation tools market in 2023. North America is expected to be the fastest-growing region in the data annotation tools market report forecast period. The regions covered in the data annotation tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the data annotation tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The data annotation tools market consists of revenues earned by entities by providing data annotation services such as voice activity detection, speaker identification, automated speech, content moderation, data labelling services, and others. The data annotation market also includes sales of macOS, Windows, Linux, bounding boxes, and other types that are used in providing data annotation. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The data annotation tools market research report is one of a series of new reports from The Business Research Company that provides data annotation tools market statistics, including data annotation tools industry global market size, regional shares, competitors with a data annotation tools market share, detailed data annotation tools market segments, market trends and opportunities, and any further data you may need to thrive in the data annotation tools industry. This data annotation tools market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Data Annotation Tools Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$2.37 billion
Revenue Forecast In 2033	$6.74 billion
Growth Rate	CAGR of 29.8% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Text, Image/Video, Audio 2) By Technology: Supervised, Semi-Supervised, Automatic 3) By Vertical: IT, Automotive, Government, Healthcare, Financial Services, Retail, Other Verticals
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Annotate.com; Appen Limited; CloudApp; Cogito Tech LLC; Deep Systems; iMerit Technology Services Pvt. Ltd.; Samasource Inc.; Lionbridge Technologies Inc.; Clickworker GmbH; CloudFactory Limited; Scale Inc.; Amazon Web Services Inc.; Playment Inc.; Labelbox Inc.; Neurala Inc.; Webtunix AI; Hive CloudApp Inc.; TagX; Anolytics; LightTag; Alegion Inc.; DefinedCrowd Corporation; Edgecase AI; V7 Labs; Supervisely OÜ; Dataloop AI
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Data Annotation Tools Market Characteristics

3. Data Annotation Tools Market Trends And Strategies

4. Data Annotation Tools Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Data Annotation Tools Market Size and Growth

5.1. Global Data Annotation Tools Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Data Annotation Tools Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Data Annotation Tools Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Data Annotation Tools Market Segmentation

6.1. Global Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Text

Image/Video

Audio

6.2. Global Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Supervised

Semi-Supervised

Automatic

6.3. Global Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Automotive

Government

Healthcare

Financial Services

Retail

Other Verticals

7. Data Annotation Tools Market Regional And Country Analysis

7.1. Global Data Annotation Tools Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Data Annotation Tools Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Data Annotation Tools Market

8.1. Asia-Pacific Data Annotation Tools Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Data Annotation Tools Market

9.1. China Data Annotation Tools Market Overview

9.2. China Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Data Annotation Tools Market

10.1. India Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Data Annotation Tools Market

11.1. Japan Data Annotation Tools Market Overview

11.2. Japan Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Data Annotation Tools Market

12.1. Australia Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Data Annotation Tools Market

13.1. Indonesia Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Data Annotation Tools Market

14.1. South Korea Data Annotation Tools Market Overview

14.2. South Korea Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Data Annotation Tools Market

15.1. Western Europe Data Annotation Tools Market Overview

15.2. Western Europe Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Data Annotation Tools Market

16.1. UK Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Data Annotation Tools Market

17.1. Germany Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Data Annotation Tools Market

18.5. France Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Data Annotation Tools Market

19.9. Italy Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Data Annotation Tools Market

20.13. Spain Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Data Annotation Tools Market

21.1. Eastern Europe Data Annotation Tools Market Overview

21.2. Eastern Europe Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Data Annotation Tools Market

22.1. Russia Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Data Annotation Tools Market

23.1. North America Data Annotation Tools Market Overview

23.2. North America Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Data Annotation Tools Market

24.1. USA Data Annotation Tools Market Overview

24.2. USA Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Data Annotation Tools Market

25.1. Canada Data Annotation Tools Market Overview

25.2. Canada Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Data Annotation Tools Market

26.1. South America Data Annotation Tools Market Overview

26.2. South America Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Data Annotation Tools Market

27.1. Brazil Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Data Annotation Tools Market

28.1. Middle East Data Annotation Tools Market Overview

28.2. Middle East Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Data Annotation Tools Market

29.1. Africa Data Annotation Tools Market Overview

29.2. Africa Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Data Annotation Tools Market Competitive Landscape And Company Profiles

30.1. Data Annotation Tools Market Competitive Landscape

30.2. Data Annotation Tools Market Company Profiles

30.2.1. Annotate.com

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Appen Limited

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. CloudApp

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Cogito Tech LLC

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Deep Systems

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Data Annotation Tools Market Competitive Benchmarking

32. Global Data Annotation Tools Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Data Annotation Tools Market

34. Data Annotation Tools Market Future Outlook and Potential Analysis

34.1 Data Annotation Tools Market In 2028 - Countries Offering Most New Opportunities

34.2 Data Annotation Tools Market In 2028 - Segments Offering Most New Opportunities

34.3 Data Annotation Tools Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Data Annotation Tools Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Data Annotation Tools Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Annotate.com Financial Performance

Table 75: Appen Limited Financial Performance

Table 76: CloudApp Financial Performance

Table 77: Cogito Tech LLC Financial Performance

Table 78: Deep Systems Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Data Annotation Tools Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Data Annotation Tools Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Data Annotation Tools Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Data Annotation Tools Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Data Annotation Tools Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Annotate.com Financial Performance

Figure 75: Appen Limited Financial Performance

Figure 76: CloudApp Financial Performance

Figure 77: Cogito Tech LLC Financial Performance

Figure 78: Deep Systems Financial Performance

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Frequently Asked Questions

What is the definition of the data annotation tools market?

A data annotation tool refers to a software solution that can be used to annotate production-grade training data for machine learning. It can be cloud-based, on-premises, or containerized. For further insights on the data annotation tools market, request a sample here

How will the data annotation tools market drivers and restraints affect the data annotation tools market dynamics? What forces will shape the data annotation tools industry going forward?

The data annotation tools market major growth driver - surge in big data. For further insights on the data annotation tools market, request a sample here

What is the forecast market size or the forecast market value of the data annotation tools market ?

The data annotation tools market size has grown exponentially in recent years. It will grow from $1.83 billion in 2023 to $2.37 billion in 2024 at a compound annual growth rate (CAGR) of 29.4%. The growth in the historic period can be attributed to rise in demand for annotated data, need for high-quality labeled data, regulatory compliance requirements, development of autonomous vehicles, focus on data quality and accuracy, global expansion of smart agriculture. The data annotation tools market size is expected to see exponential growth in the next few years. It will grow to $6.74 billion in 2028 at a compound annual growth rate (CAGR) of 29.8%. The growth in the forecast period can be attributed to advancements in annotation automation, increasing adoption of federated learning, emphasis on active learning techniques, enhanced tools for handling 3d data, development of annotation tools for multimodal data, focus on cost-effective annotation solutions. Major trends in the forecast period include growing emphasis on computer vision, outsourcing of data annotation services, shift toward semi-supervised and self-supervised learning, crowdsourcing for large-scale annotation projects, collaboration features in annotation platforms. For further insights on the data annotation tools market, request a sample here

How is the data annotation tools market segmented?

The data annotation tools market is segmentedThe data annotation tools market covered in this report is segmented –
1) By Type: Text, Image/Video, Audio
2) By Technology: Supervised, Semi-Supervised, Automatic
3) By Vertical: IT, Automotive, Government, Healthcare, Financial Services, Retail, Other VerticalsFor further insights on the data annotation tools market, request a sample here

Which region has the largest share of the data annotation tools market? What are the other regions covered in the report?

Asia Pacific was the largest region in the data annotation tools market in 2023. North America is expected to be the fastest-growing region in the data annotation tools market report forecast period. The regions covered in the data annotation tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the data annotation tools market, request a sample here.

Who are the major players in the data annotation tools market?

What are the key trends in the data annotation tools market?

Major trend in the data annotation tools market - launch of 3d point cloud data labelling service. For further insights on the data annotation tools market, request a sample here.

What are the major opportunities in the data annotation tools market? What are the strategies for the data annotation tools market?

For detailed insights on the major opportunities and strategies in the data annotation tools market, request a sample here.

How does the data annotation tools market relate to the overall economy and other similar markets?

For detailed insights on data annotation tools market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the data annotation tools industry?

For detailed insights on the mergers and acquisitions in the data annotation tools industry, request a sample here.

What are the key dynamics influencing the data annotation tools market growth? SWOT analysis of the data annotation tools market.

For detailed insights on the key dynamics influencing the data annotation tools market growth and SWOT analysis of the data annotation tools industry, request a sample here.