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Global AI Training Dataset Market Overview Covering Forecast Market Size And Growth Rate 2033 | Google LLC, Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation

05-23-2024 02:43 PM CET | IT, New Media & Software

Press release from: The Business Research Company

AI Training Dataset Global Market Report 2024

AI Training Dataset Global Market Report 2024

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

AI Training Dataset Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $5.73 billion In 2028 At A CAGR Of 21.5% :

The ai training dataset market size has grown exponentially in recent years. It will grow from $2.15 billion in 2023 to $2.63 billion in 2024 at a compound annual growth rate (CAGR) of 22.0%. The growth in the historic period can be attributed to rapid growth of ai and machine learning, expanding uses of training datasets in several industries, data quality becoming increasingly important, data privacy and security issues, expanding uses of training datasets in several industry.

The ai training dataset market size is expected to see exponential growth in the next few years. It will grow to $5.73 billion in 2028 at a compound annual growth rate (CAGR) of 21.5%. The growth in the forecast period can be attributed to growing need for analyzing large and complex data, growing use of machine learning, increasing demand for ai applications, rise of edge computing, government initiatives and regulations. Major trends in the forecast period include advancements in ai technologies, growing adoption of advanced technologies in organizations, product innovation, government initiatives, increasing collabration.

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=13573&type=smp

AI Training Dataset Market Major Segments
The ai training dataset market covered in this report is segmented -

1) By Type: Text, Audio, Image/Video
2) By Deployment Mode: On-premise, Cloud
3) By End-Use Industry: Automotive, BFSI, IT And Telecom, Government, Retail And E-Commerce, Other End-Use Industries

Key Driver - Rapid Expansion Of AI Adoption In Business Processes Fuels Growth In The AI Training Dataset Market

The growing adoption of artificial intelligence (AI) solutions in business processes is expected to boost the growth of the AI training dataset market going forward. Artificial intelligence (AI) solutions refer to the application of artificial intelligence techniques, technologies, and methodologies to address specific problems or tasks. The diversity and representativeness of a training dataset are used as they enable AI algorithms, particularly machine learning models, to learn and comprehend patterns and relationships within the data, enhancing the model's ability to generalize its knowledge to unseen instances. For instance, in May 2023, according to a report published by Stepsize AI, a UK-based technology company, the adoption of AI is expected to be widespread, with 70% of software teams integrating AI into their daily operations. Further, among businesses, 55% have already embraced AI, and an additional 15% are planning to adopt AI within 2024. Therefore, the growing adoption of artificial intelligence (AI) solutions in business processes is driving the growth of the AI training dataset market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=13573&type=smp

Prominent Trend - Redefining Standards In AI Training Processes

Major companies operating in the AI training dataset market are developing innovative technologies, such as state-of-the-art products, to better serve customers with advanced features. A state-of-the-art product refers to a product that represents the most advanced technology, design, and features currently available in the industry. For instance, in October 2023, EON Reality, a US-based software company, launched EON Train AI. The distinctive feature of EON Train AI lies in its capability to redefine the standards for organizations training artificial intelligence (AI) on their unique datasets. This product marks a transformative leap in AI training, simplifying what was once a labor-intensive and complex process into a swift, streamlined, and precise endeavor. EON Train AI's efficiency enables the accomplishment of multifaceted tasks in a matter of minutes, showcasing its exceptional ability to revolutionize and expedite AI training processes for organizations.

AI Training Dataset Market Players
Major companies operating in the ai training dataset market report are Google LLC, Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Oracle Corporation, Alegion, Telus International , Lionbridge Technologies Inc., Samasource Inc., Appen Limited, Appen Limited, Scale AI Inc., Hive, Cogito Tech LLC, EON Reality, Defined.AI, CloudFactory Limited, Deep Vision Data, Labelbox Inc., Playment Inc., SuperAnnotate AI Inc., Dataloop , Kinetic Vision Inc., Globose Technology Solutions Pvt Ltd., Trilldata Technologies

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/ai-training-dataset-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the AI training dataset market in 2023. The regions covered in the ai training dataset market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. AI Training Dataset Market Report Structure
3. AI Training Dataset Market Trends And Strategies
4. AI Training Dataset Market - Macro Economic Scenario
5. AI Training Dataset Market Size And Growth
…..
27. AI Training Dataset Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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