Press release
Data Annotation Tools Market Growth by Revenue and CAGR, Segmentation Analysis, Recent Trends Forecast 2022 to 2030 | Annotate.com, Appen Limited, Cloud Factory Limited, CloudApp, Google LLC, Labelbox, Deep Systems, LightTag, Lionbridge Technologies Inc.,
An in-depth analysis of the market was carried out by the report's authors using a research and study methodology that was best in class for the industry. This study analyses industry trends in each sub-segment and anticipates demand, trends, and revenue growth for the local and national markets from 2022 through 2030.
Global Data Annotation Tools Market is estimated to witness a major jump in revenue from US$ 1,186.9 Mn in 2021 to US$ 13,287.9 Mn by 2030. The market is registering a CAGR of 30.9% over the projection period 2022-2030.
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This analysis examines market factors such as market size, economic conditions, market dynamics, and projections. It also offers in-depth details on particular rivals, extension opportunities, and important market drivers. The Data Annotation Tools Market research is divided into companies, regions, types, and applications.
Leading Competitors
The key players in the Global Data Annotation Tools Market are Annotate.com, Appen Limited, Cloud Factory Limited, CloudApp, Google LLC, Labelbox, Inc., Deep Systems, LightTag, Lionbridge Technologies Inc., Cogito Tech LLC, and Lotus Quality Assurance among others.
Through extensive research, it is found that big players have adopted various competitive strategies such as mergers & acquisitions in order to have a grip on emerging markets. Furthermore, leading companies are expanding their geographical boundaries by acquiring small brands and domestic companies.
The market sector's expansion efforts are discussed in this section, along with the market's surviving vendors and traders, regional import and export investigations, and regional import and export investigations. Surveys, press releases, news articles, premium white newspapers, and interviews with all C-level executives were used to compile the remaining data.
The analysis highlights the performance of the Data Annotation Tools Market sector's key elements and application components in each regional industry. Similarly, stratified guidance on the list of significant actors operating within each regional economy informs the regional economy's competitive dynamics. This enables a thorough and in-depth examination of the overall business market. In addition, the report includes global market industry forecasts for each object, geography, and application sector for the years 2022-2030.
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Segmentation Analysis
By Data Type Segment of the Global Data Annotation Tools Market is Sub-Segmented into:
Text
Sentiment
Text Classification
Entity
Image
Boundary Boxes
Line Annotation
Image Transcription
Video
Semantic
Polygon
Key point
Audio
Voice Activity Detection (VAD)
Speaker Identification
Automated Speech Recognition
By Technology Segment of the Global Data Annotation Tools Market is Sub-Segmented into:
Supervised
Semi-Supervised
Automatic
By Device Type Segment of the Global Data Annotation Tools Market is Sub-Segmented into:
Mac OS
Windows
Linux
Others
By End Users Segment of the Global Data Annotation Tools Market is Sub-Segmented into:
Automotive
Healthcare
Retail
Transportation and logistics
BFSI
Telecommunication and IT
Others
By Region Type Segment of the Global Data Annotation Tools Market is Sub-Segmented into:
North America
The U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of South America
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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