Global Automated Data Annotation Tools Market Growth (Status and Outlook) 2023-2029

Global Automated Data Annotation Tools Market Growth (Status and Outlook) 2023-2029

A data annotation tool is a cloud-based, on-premise, or containerized software solution that can be used to annotate production-grade training data for machine learning.

Data annotation tools are generally designed to be used with specific types of data, such as image, video, text, audio, spreadsheet, or sensor data

LPI (LP Information)' newest research report, the “Automated Data Annotation Tools Industry Forecast” looks at past sales and reviews total world Automated Data Annotation Tools sales in 2022, providing a comprehensive analysis by region and market sector of projected Automated Data Annotation Tools sales for 2023 through 2029. With Automated Data Annotation Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automated Data Annotation Tools industry.

This Insight Report provides a comprehensive analysis of the global Automated Data Annotation Tools landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automated Data Annotation Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automated Data Annotation Tools market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automated Data Annotation Tools and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automated Data Annotation Tools.

The global Automated Data Annotation Tools market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Automated Data Annotation Tools is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Automated Data Annotation Tools is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Automated Data Annotation Tools is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Automated Data Annotation Tools players cover Appen Limited, Amazon Web Services, Inc., Clickworker GmbH, CloudApp, Inc., CloudFactory Limited, Cogito Tech LLC, Dataturks, Google LLC and Hive, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Automated Data Annotation Tools market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Image/video
Text
Audio

Segmentation by application
IT & Telecom
BFSI
Healthcare
Retail
Automotive
Agriculture
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Appen Limited
Amazon Web Services, Inc.
Clickworker GmbH
CloudApp, Inc.
CloudFactory Limited
Cogito Tech LLC
Dataturks
Google LLC
Hive
IBM Corporation
iMerit
Labelbox, Inc.
LionBridge AI
MonkeyLearn Inc.
Neurala, Inc.
Playment Inc.
Samasource Inc.
Scale, Inc.
Webtunix AI.

Please note: The report will take approximately 2 business days to prepare and deliver.