AI Training Dataset Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of AI Training Data Set Market
The AI training market size was valued at USD 2.39 billion in 2023, and the market is now projected to grow from USD 2.92 billion in 2024 to 17.04 billion by 2032, exhibiting a CAGR of 24.7% during the forecast period of 2024-2032.
The COVID-19 pandemic brought about stagnant market growth as new algorithms had been trained for diverse packages amidst the pressing want for facts-driven choice-making and problem-fixing.
The speedy adoption of AI technology drives exponential growth in demand for training datasets. End-customers are seeking for green faraway work answers, enhancing computational models and monitoring structures. With 70% of the global staff adopting AI, the marketplace hurries up to optimize AI and ML structures, fostering virtual transformation.
The increasing utilization of artificial statistics complements authentication by way of creating stable, privacy-included identities. AI-pushed approaches extract recognizable features from real-time picture streams, bolstering model education. Generative AI generates artificial facts for education biometric-primarily based identification models, ensuring robustness at the same time as maintaining privacy and information exceptional.
Comprehensive AI Training Data Set Market
The AI training data set market growth is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated by type analysis, by deployment analysis and by end-user analysis. By type analysis include, text, audio, image, video, and others. By deployment mode analysis include, premises and cloud. By end-user analysis include, retail and consumer goods, healthcare, automotive, BFSI and others.
The North America region lead the AI training data set market share by benefitting a market size of USD 0.85 billion in 2023 due to the large IT companies that are early users of digital technologies for training AI data .
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, CCL Industries Inc., Amazon Web Services, Inc., Appen Limited, Cogito Tech, Deep Vision Data, Samasource Impact Sourcing, Inc., Google LLC, Alegion AI, Inc., Clickworker GmbH, TELUS International, and Scale AI, Inc, these market players provide a level-playing competitive landscape.
In December 2023, TELUS International introduced Experts Engine, a managed, technology-driven solution integrating human expertise and generative AI tasks for building high-quality training sets, including for Large Language Models (LLM).
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 24.7% from 2024 to 2032
Unit Value (USD Billion)
Segmentation
ATTRIBUTE
Study Period By Type
Text
Audio
Image
Video
Others (Sensor and Geo)
By Deployment Mode
On-Premises
Cloud
By End-Users
IT and Telecommunications
Retail and Consumer Goods
Healthcare
Automotive
BFSI
Others (Government and Manufacturing)
By Region
North America (By Type, Deployment Mode, End-Users, and Country)
- U.S. (By End-Users)
- Canada (By End-Users)
- Mexico (By End-Users)
South America (By Type, Deployment Mode, End-Users, and Country)
- Brazil (By End-Users)
- Argentina (By End-Users)
- Rest of South America
Europe (By Type, Deployment Mode, End-Users, and Country)
- U.K. (By End-Users)
- Germany (By End-Users)
- France (By End-Users)
- Italy (By End-Users)
- Spain (By End-Users)
- Russia (By End-Users)
- Benelux (By End-Users)
- Nordics (By End-Users)
- Rest of Europe
Middle East & Africa (By Type, Deployment Mode, End-Users, and Country)
- Turkey (By End-Users)
- Israel (By End-Users)
- GCC (By End-Users)
- North Africa (By End-Users)
- South Africa (By End-Users)
- Rest of the Middle East & Africa
Asia Pacific (By Type, Deployment Mode, End-Users, and Country)
- China (By End-Users)
- Japan (By End-Users)
- India (By End-Users)
- South Korea (By End-Users)
- ASEAN (By End-Users)
- Oceania (By End-Users)
Rest of Asia Pacific
DETAILS
o 2019-2032
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