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Data Annotation Tools Market is projected to reach $8951.85 Million by 2032, growing at a CAGR of 26.4% from 2024 to 2032

05-23-2024 09:30 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Data Annotation Tools Market

Data Annotation Tools Market

The latest market research report titled, "Data Annotation Tools Market by Type (Text, Image/Video, Audio), Annotation Type (Manual, Semi-supervised, Automatic), Vertical (IT, Automotive, Government, Healthcare, Financial Services, Retail, Others), Region - Global Forecast to 2032," offers a thorough analysis of a rapidly growing market. It covers the market size, share, industry developments, growth drivers, top trends, and all other major aspects industry participants need to know. Besides, an in-depth examination of the major industry segments and regions has been provided.

The global data annotation tools industry size was valued at USD 1090.00 million in 2023. The market is projected to grow to USD 8951.85 million by 2032, exhibiting a CAGR of 26.4% during the forecast period from 2024 to 2032.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/data-annotation-tools-market/request-for-sample

๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐ƒ๐š๐ญ๐š ๐€๐ง๐ง๐จ๐ญ๐š๐ญ๐ข๐จ๐ง ๐“๐จ๐จ๐ฅ๐ฌ?

Data annotation is the process of adding meaningful tags or labels to a dataset. The data is labeled to ensure that the machine learning models are trained accurately. Data annotation tools are software solutions used to label or annotate production-grade training data. Depending on the specific needs, these tools may be located on-premise or can be offered as a cloud-based software solution. Data annotation tools are typically developed to be used with an explicit set of data, such as image, video, text, spreadsheet, and sensor data. The annotation process in data annotation tools may be manual, semi-supervised, or automatic. Data annotation tools find applications across several industry verticals, including IT, automotive, government, healthcare, and financial services.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The research report covers competitive analysis and profiles of the major data annotation tools market key players operating in the industry. These players use strategic developments to drive business growth and gain a strong foothold in the market. Among the major industry participants include:

โ€ข Amazon Mechanical Turk
โ€ข Annotate.com
โ€ข Appen Limited
โ€ข Clickworker
โ€ข CloudFactory Limited
โ€ข Cogito Tech LLC
โ€ข Dbrain
โ€ข Explosion AI GMbH
โ€ข Figure Eight Inc.
โ€ข Google LLC
โ€ข Lighttag
โ€ข Lionbridge Technologies Inc.
โ€ข Lotus Quality Assurance
โ€ข Playment Inc
โ€ข Scale AI Inc.
โ€ข SuperAnnotate LLC
โ€ข Tagtog
โ€ข Trilldata Technologies Pvt Ltd

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/857/2

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Spain, Netherland, Austria)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

โ€ข The market segmentation is primarily based on type, annotation, vertical, and region.

โ€ข By type analysis, the manual annotation tools segment emerged as the leading segment owing to its features like enhanced accuracy and minimum data annotation attempt.

โ€ข By vertical analysis, the healthcare segment accounted for the largest data annotation tools market share as AI is being increasingly used in numerous healthcare applications.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/data-annotation-tools-market

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐—ซ๐˜†๐—น๐—ถ๐˜๐—ผ๐—น ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜: https://www.polarismarketresearch.com/industry-analysis/xylitol-market
๐—™๐—ถ๐˜€๐—ต๐—บ๐—ฒ๐—ฎ๐—น ๐—ฎ๐—ป๐—ฑ ๐—™๐—ถ๐˜€๐—ต ๐—ข๐—ถ๐—น ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜: https://www.polarismarketresearch.com/industry-analysis/fishmeal-and-fish-oil-market
๐—ฅ๐—ถ๐—ฐ๐—ฒ ๐—ฆ๐˜†๐—ฟ๐˜‚๐—ฝ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜: https://www.polarismarketresearch.com/industry-analysis/rice-syrup-market
๐—ก๐—ผ๐—ป-๐—ง๐—ต๐—ฒ๐—ฟ๐—บ๐—ฎ๐—น ๐—ฃ๐—ฎ๐˜€๐˜๐—ฒ๐˜‚๐—ฟ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜: https://www.polarismarketresearch.com/industry-analysis/non-thermal-pasteurization-market
๐—˜๐˜‚๐—ฏ๐—ถ๐—ผ๐˜๐—ถ๐—ฐ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜: https://www.polarismarketresearch.com/industry-analysis/eubiotics-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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