Press release
Data Annotation and Labeling Global Market Report 2025: Exploring Growth Drivers, Key Players, and Emerging Trends
"Rapid Growth Foreseen in Global Data Annotation and Labeling Market with Prominent Influences of AI and ML
What Is The Projected Market Size Of The Global Data Annotation and Labeling Global Market Report 2025 And Its Growth Rate?
The trajectory of growth for the data annotation and labeling market size appears promising and exponential:
• The market's value was $1.7 billion in 2024, growing to an impressive $2.26 billion in 2025 at a CAGR of 32.5%.
• This historical growth was significantly influenced by the increased accessibility of cloud-based data annotation services and emergence of crowdsourcing platforms.
• The future prediction indicates a further surge in market size. By 2029, it aims to reach $7.01 billion at a similar CAGR of 32.8%.
• Factors attributing to growth in our forecast period include increased use of machine learning (ML) and artificial intelligence (AI), emergence of Internet of Things (IoT), and a boost in cloud-based solutions.
What Is Driving The Growth In The Data Annotation and Labeling Global Market Report 2025?
The pivotal driver behind the market growth is the escalating use of AI and ML. With AI creating systems to perform human intellect tasks and ML focusing on learning from data to automate processes, data annotation and labeling becomes critical in training algorithms. For instance, in 2022, approximately a third of organizations reported using AI, up four points from 2021, while nearly 48% of companies used deep learning to harness vast data, according to Earthweb Inc. These factors indicate a promising road ahead for data annotation and labeling.
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Who Are the Key Players Driving Data Annotation and Labeling Global Market Report 2025 Growth?
Several significant players in the market include:
• Google LLC
• Amazon Web Services Inc.
• The International Business Machines Corporation
• Oracle Corporation
• Adobe Inc.
• Allegion PLC
• TELUS International
• Appen Ltd
• Scale AI Inc
• CloudFactory Limited
• Anolytics
• CapeStart Inc.
• Clickworker
• DataPure Technologies
• Amantya Technologies
• Labelbox Inc.
What Are The Key Trends In The Data Annotation and Labeling Global Market Report 2025?
Key trends shaping this market's future include:
• Product Innovations
• Technological advancements
• Strategic partnerships
What Are The Segments Of The Global Data Annotation and Labeling Global Market Report 2025?
The market is broadly divided into the following segments:
1) Component: Solution, Service
2) Data Type: Text, Image, Video, Audio
3) Annotation Type: Manual, Automatic, Semi-Supervises
4) Application: Dataset Management, Security and Compliance, Data Quality Control, Workforce Management, Content Management, Catalog Management, Sentiment Analysis, Other Applications
5) Verticals: Banking Financial Services and Insurance (BFSI), Information Technology and IT-enabled Services (ITES), Healthcare and Life sciences, Telecom, Government Defense and Public Agencies, Retail and Consumer Goods, Automotive, Other Verticals
Which Region Leads The Data Annotation and Labeling Global Market Report 2025?
In 2024, North America led the pack in the data annotation and labeling market. However, the report also covers other regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Data Annotation and Labeling Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Data Annotation and Labeling Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Data Annotation and Labeling Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Data Annotation and Labeling Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Data Annotation and Labeling Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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