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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1135086

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1135086

Global Data Collection and Labelling Market Size study, by Data Type (Text, Image/video, Audio) by End Use Industry (IT, Automotive, Government, Healthcare, BFSI, Retail & E-commerce, Others) and Regional Forecasts 2022-2028

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Global Data Collection and Labelling Market is valued at approximately USD 1.67 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 25.1% over the forecast period 2022-2028. The act of detecting unlabeled raw data (such as photos, text files, videos, etc.) and adding one or more insightful labels to give context so that a machine learning model may learn from it is known as data labelling. Labels may, for instance, state whether a picture contains a bird, an automobile, or a tumour. The increasing volume of digital data Worldwide and growing utilization of cloud-based applications as well as Strategic initiatives from leading market players are key factors driving the market growth. For instance, according to Statista - during 2020, globally the total amount of copied, captured, data created, and consumed was estimated at 64.2 zettabytes, the global data creation is projected to increase to more than 180 zettabytes by 2025. Moreover, in January 2022, Labelbox, Inc. a startup working on data labelling solutions and services, raised USD110 million in series D funding. This funding round was laid by Softbank's Vision Fund II. Also, the growing emergence of Autonomous vehicles and rising penetration of predictive analytics consulting Services would offer lucrative growth opportunities for the market during the forecast period. However, the high cost associated with data labelling solutions and services as well as the lack of penetration from Small Scale businesses due to budget constraints would impede the market growth throughout the forecast period of 2022-2028.

The key regions considered for the Global Data Collection and Labelling Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region in terms of overall market share, owing to the dominance of cloud-based services, which is one of the most potential data sources for collecting. Also, the integration of mobile computing platforms and Artificial Intelligence (AI) with e-commerce platforms is the major reason for the dominance of its market share. The Asia Pacific is expected to be the fastest growing region, due to factors such as rising population which in turn increases the usage of mobiles, tablets, data processing technologies, and the growing number of smart devices is anticipated to propel market growth in the Asia Pacific region during the forecast period.

Major market players included in this report are:

Reality AI

Globalme Localization Inc.

Global Technology Solutions

Alegion

Labelbox, Inc.

Dobility, Inc.

Scale AI, Inc.

Trilldata Technologies Pvt. Ltd.

Appen Limited

Playment Inc.

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Data Type:

Text

Image/ Video

Audio

By End Use Industry:

IT

Automotive

Government

Healthcare

BFSI

Retail & E-commerce

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period: - 2022 to 2028

Target Audience of the Global Data Collection and Labelling Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
    • 1.2.1. Global Data Collection and Labelling Market, by Region, 2020-2028 (USD Billion)
    • 1.2.2. Global Data Collection and Labelling Market, by Data Type, 2020-2028 (USD Billion)
    • 1.2.3. Global Data Collection and Labelling Market, by End Use Industry, 2020-2028 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Data Collection and Labelling Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Data Collection and Labelling Market Dynamics

  • 3.1. Data Collection and Labelling Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing volume of digital data Worldwide.
      • 3.1.1.2. Growing utilization of cloud-based applications
      • 3.1.1.3. Strategic initiatives from leading market players.
    • 3.1.2. Market Challenges
      • 3.1.2.1. High cost associated with data labelling solutions & services.
      • 3.1.2.2. Lack of penetration from SMEs due to budget constraints.
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Growing emergence of Autonomous vehicles.
      • 3.1.3.2. Rising penetration of predictive analytics consulting Services.

Chapter 4. Global Data Collection and Labelling Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Data Collection and Labelling Market, by Data Type

  • 6.1. Market Snapshot
  • 6.2. Global Data Collection and Labelling Market by Data Type, Performance - Potential Analysis
  • 6.3. Global Data Collection and Labelling Market Estimates & Forecasts by Data Type 2018-2028 (USD Billion)
  • 6.4. Data Collection and Labelling Market, Sub Segment Analysis
    • 6.4.1. Text
    • 6.4.2. Image/ Video
    • 6.4.3. Audio

Chapter 7. Global Data Collection and Labelling Market, by End Use Industry

  • 7.1. Market Snapshot
  • 7.2. Global Data Collection and Labelling Market by End Use Industry, Performance - Potential Analysis
  • 7.3. Global Data Collection and Labelling Market Estimates & Forecasts by End Use Industry 2018-2028 (USD Billion)
  • 7.4. Data Collection and Labelling Market, Sub Segment Analysis
    • 7.4.1. IT
    • 7.4.2. Automotive
    • 7.4.3. Government
    • 7.4.4. Healthcare
    • 7.4.5. BFSI
    • 7.4.6. Retail & E-commerce
    • 7.4.7. Others

Chapter 8. Global Data Collection and Labelling Market, Regional Analysis

  • 8.1. Data Collection and Labelling Market, Regional Market Snapshot
  • 8.2. North America Data Collection and Labelling Market
    • 8.2.1. U.S. Data Collection and Labelling Market
      • 8.2.1.1. Data Type estimates & forecasts, 2018-2028
      • 8.2.1.2. End Use Industry estimates & forecasts, 2018-2028
    • 8.2.2. Canada Data Collection and Labelling Market
  • 8.3. Europe Data Collection and Labelling Market Snapshot
    • 8.3.1. U.K. Data Collection and Labelling Market
    • 8.3.2. Germany Data Collection and Labelling Market
    • 8.3.3. France Data Collection and Labelling Market
    • 8.3.4. Spain Data Collection and Labelling Market
    • 8.3.5. Italy Data Collection and Labelling Market
    • 8.3.6. Rest of Europe Data Collection and Labelling Market
  • 8.4. Asia-Pacific Data Collection and Labelling Market Snapshot
    • 8.4.1. China Data Collection and Labelling Market
    • 8.4.2. India Data Collection and Labelling Market
    • 8.4.3. Japan Data Collection and Labelling Market
    • 8.4.4. Australia Data Collection and Labelling Market
    • 8.4.5. South Korea Data Collection and Labelling Market
    • 8.4.6. Rest of Asia Pacific Data Collection and Labelling Market
  • 8.5. Latin America Data Collection and Labelling Market Snapshot
    • 8.5.1. Brazil Data Collection and Labelling Market
    • 8.5.2. Mexico Data Collection and Labelling Market
  • 8.6. Rest of The World Data Collection and Labelling Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Reality AI
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Globalme Localization Inc.
    • 9.2.3. Global Technology Solutions
    • 9.2.4. Alegion
    • 9.2.5. Labelbox, Inc.
    • 9.2.6. Dobility, Inc.
    • 9.2.7. Scale AI, Inc.
    • 9.2.8. Trilldata Technologies Pvt. Ltd.
    • 9.2.9. Appen Limited
    • 9.2.10. Playment Inc.

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Data Collection and Labelling Market, report scope
  • TABLE 2. Global Data Collection and Labelling Market estimates & forecasts by Region 2018-2028 (USD Billion)
  • TABLE 3. Global Data Collection and Labelling Market estimates & forecasts by Data Type 2018-2028 (USD Billion)
  • TABLE 4. Global Data Collection and Labelling Market estimates & forecasts by End Use Industry 2018-2028 (USD Billion)
  • TABLE 5. Global Data Collection and Labelling Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 6. Global Data Collection and Labelling Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 7. Global Data Collection and Labelling Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 8. Global Data Collection and Labelling Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 9. Global Data Collection and Labelling Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 10. Global Data Collection and Labelling Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 11. Global Data Collection and Labelling Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 12. Global Data Collection and Labelling Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 13. Global Data Collection and Labelling Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 14. Global Data Collection and Labelling Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 15. U.S. Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 16. U.S. Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 17. U.S. Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 18. Canada Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 19. Canada Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 20. Canada Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 21. UK Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 22. UK Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 23. UK Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 24. Germany Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 25. Germany Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 26. Germany Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 27. RoE Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 28. RoE Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 29. RoE Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 30. China Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 31. China Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 32. China Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 33. India Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 34. India Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 35. India Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 36. Japan Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 37. Japan Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 38. Japan Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 39. RoAPAC Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 40. RoAPAC Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 41. RoAPAC Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 42. Brazil Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 43. Brazil Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 44. Brazil Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 45. Mexico Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 46. Mexico Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 47. Mexico Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 48. RoLA Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 49. RoLA Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 50. RoLA Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 51. Row Data Collection and Labelling Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 52. Row Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 53. Row Data Collection and Labelling Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 54. List of secondary sources, used in the study of global Data Collection and Labelling Market
  • TABLE 55. List of primary sources, used in the study of global Data Collection and Labelling Market
  • TABLE 56. Years considered for the study
  • TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Data Collection and Labelling Market, research methodology
  • FIG 2. Global Data Collection and Labelling Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Data Collection and Labelling Market, key trends 2021
  • FIG 5. Global Data Collection and Labelling Market, growth prospects 2022-2028
  • FIG 6. Global Data Collection and Labelling Market, porters 5 force model
  • FIG 7. Global Data Collection and Labelling Market, pest analysis
  • FIG 8. Global Data Collection and Labelling Market, value chain analysis
  • FIG 9. Global Data Collection and Labelling Market by segment, 2018 & 2028 (USD Billion)
  • FIG 10. Global Data Collection and Labelling Market by segment, 2018 & 2028 (USD Billion)
  • FIG 11. Global Data Collection and Labelling Market by segment, 2018 & 2028 (USD Billion)
  • FIG 12. Global Data Collection and Labelling Market by segment, 2018 & 2028 (USD Billion)
  • FIG 13. Global Data Collection and Labelling Market by segment, 2018 & 2028 (USD Billion)
  • FIG 14. Global Data Collection and Labelling Market, regional snapshot 2018 & 2028
  • FIG 15. North America Data Collection and Labelling Market 2018 & 2028 (USD Billion)
  • FIG 16. Europe Data Collection and Labelling Market 2018 & 2028 (USD Billion)
  • FIG 17. Asia pacific market 2018 & 2028 (USD Billion)
  • FIG 18. Latin America Data Collection and Labelling Market 2018 & 2028 (USD Billion)
  • FIG 19. Global Data Collection and Labelling Market, company market share analysis (2021)
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