openPR Logo
Press release

Global Data Annotation Tools Market To Be Driven By Increasing Adoption Of Software For Image Data Annotation In The Automotive, Retail, And Healthcare Sectors In The Forecast Period Of 2021-2026

12-09-2022 02:37 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Global Data Annotation Tools Market To Be Driven By Increasing

The new report by Expert Market Research titled, 'Global Data Annotation Tools Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026', gives an in-depth analysis of the global data annotation tools market, assessing the market based on its segments like type, technology, application, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/data-annotation-tools-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): USD 321.45 Million
• Forecast CAGR (2021-2026): 27%

Increasing investments in the development of autonomous driving technologies, rising demand for annotated data to improve machine learning models, growing adoption of data annotation for medical imaging data, surging uptake of text annotation for document classification, and rising demand for annotated data to improve machine learning models.

Industry Definition and Major Segments
Data annotation is the method of labelling data for machine learning purposes.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/data-annotation-tools-market

The industry can be broadly categorised based on types into:

• Text
• Image
• Video

Based on technology, the industry can be categorised as:

• Manual
• Semi-Supervised
• Automatic

The industry can be divided based on its application segments as:

• Automotive
• Healthcare
• BFSI
• Retail
• Government
• Transportation and Logistics

The global regions for data annotation tools market include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

Users can improve data quality by adding or marking attribute tags with data annotation tools. The main advantage of employing these tools is that the combination of data features allows users to manage data interpretation in a single area, eliminating the need to rewrite similar rules in numerous locations. The rise of big data and the amount of enormous datasets will almost certainly need the application of artificial intelligence in the field of data annotation.

As the reach of data labelling expands, companies creating AI-enabled healthcare apps are cooperating with data annotation companies to supply the essential data sets to help them enhance their machine learning and deep learning skills, boosting the market for data annotation solutions.

Key Market Players

The major players in the market are Annotate.com, Appen Limited, CloudApp, Cogito Tech LLC, Deep Systems, Labelbox, Inc, LightTag, Lotus Quality Assurance, Playment Inc., Tagtog Sp. z o.o., D-Link and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Report:

Bronchial Spasms Treatment Market: https://www.expertmarketresearch.com/reports/bronchial-spasms-treatment-market

Cold Agglutinin Disease Treatment Market: https://www.expertmarketresearch.com/reports/cold-agglutinin-disease-treatment-market

Adeno-Associated Virus Vector-Based Gene Therapy Market: https://www.expertmarketresearch.com/reports/adeno-associated-virus-vector-based-gene-therapy-market

Neuromodulation Devices Market: https://www.expertmarketresearch.com/reports/neuromodulation-devices-market

Media Contact

Company Name: Claight Corporation
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Data Annotation Tools Market To Be Driven By Increasing Adoption Of Software For Image Data Annotation In The Automotive, Retail, And Healthcare Sectors In The Forecast Period Of 2021-2026 here

News-ID: 2842837 • Views:

More Releases from Expert Market Research

Online Music Education Market Size, Growth & Trends (2026-2035)
Online Music Education Market Size, Growth & Trends (2026-2035)
The online music education market has been rapidly evolving, driven by the increasing popularity of digital platforms and the growing demand for music learning from individuals across different age groups. The market was valued at USD 4.27 Billion in 2025 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 13.20% during the forecast period of 2026-2035, reaching a staggering valuation of USD 14.75 Billion by 2035.
Global Doors Market Trends (2026-2035): Growth, Drivers, and Future Outlook
Global Doors Market Trends (2026-2035): Growth, Drivers, and Future Outlook
The global doors market, valued at approximately USD 164.72 billion in 2025, is set to experience significant growth in the coming years. With a projected CAGR of 5.10% from 2026 to 2035, the market is expected to reach USD 270.88 billion by 2035. The increasing demand for energy-efficient solutions, growing construction activities, and rising investments in residential and commercial infrastructure are major factors fueling this growth. Let's explore the key
India Vaccine Market Forecast to Hit INR 300.32B by 2035
India Vaccine Market Forecast to Hit INR 300.32B by 2035
What is driving the growth of the India vaccine market, and what are the key trends shaping its future? The India vaccine market is experiencing significant growth due to the country's large population, high prevalence of infectious diseases, and increasing focus on local vaccine production and immunization programs. Valued at INR 129.21 Billion in 2025, the market is projected to grow at a CAGR of 8.80% during 2026-2035, reaching INR 300.32
Cell and Gene Therapy Market Projected to Grow to USD 172B by 2035
Cell and Gene Therapy Market Projected to Grow to USD 172B by 2035
What is driving the growth of the global cell and gene therapy market, and how is it expected to evolve by 2035? The global cell and gene therapy market is witnessing rapid expansion due to increasing clinical trials, robust regulatory support, and breakthroughs in biotechnology. Valued at USD 21.43 Billion in 2025, the market is expected to grow at a CAGR of 23.17% from 2026 to 2035, reaching USD 172.22 Billion

All 5 Releases


More Releases for Data

Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn. Data Catalog Market Report Scope and Research Methodology The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data. Specialized components backed up by AI and
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to