AI Training Dataset Global Market Report 2024

Description

AI training datasets are compilations of data utilized to train and enhance artificial intelligence (AI) and machine learning (ML) algorithms. These datasets encompass labeled or unlabeled information crucial for AI systems to discern patterns, make predictions, or execute tasks.

The primary types of AI training datasets include text, audio, and image/video. Text denotes any written or typed language-based information employed as input for machine learning models. These datasets are deployed through on-premise and cloud-based modes, serving various end-users such as automotive, BFSI (Banking, Financial Services, and Insurance), IT and telecom, government, retail and e-commerce, among others.

The AI training dataset market research report is one of a series of new reports from The Business Research Company that provides AI training dataset market statistics, including the AI training dataset industry global market size, regional shares, competitors with an AI training dataset market share, detailed AI training dataset market segments, market trends and opportunities, and any further data you may need to thrive in the AI training dataset industry. This AI training dataset market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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%. Historical growth can be attributed to the rapid expansion of AI and machine learning, the increasing utilization of training datasets across various industries, the growing significance of data quality, concerns regarding data privacy and security, and the expanding applications of training datasets across several industries.

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 forecasted growth can be attributed to the growing demand for analyzing large and complex data, the increasing utilization of machine learning, the rising demand for AI applications, the emergence of edge computing, and government initiatives and regulations. Major trends in the forecast period include advancements in AI technologies, the growing adoption of advanced technologies in organizations, product innovation, government initiatives, and increasing collaboration efforts.

The anticipated rise in the adoption of artificial intelligence (AI) solutions within business processes is poised to drive growth in the AI training dataset market. AI solutions encompass the application of AI techniques, technologies, and methodologies to address specific tasks or challenges. The quality and comprehensiveness of a training dataset are crucial as they enable AI algorithms, particularly machine learning models, to learn and understand patterns and relationships within the data, thereby improving the model's ability to generalize its knowledge to unseen instances. For example, a report by Stepsize AI, a UK-based technology company, predicts widespread AI integration among software teams, with 70% expected to incorporate AI into their daily operations. Additionally, 55% of businesses have already adopted AI, and an additional 15% are planning to do so by 2024, underscoring the growing adoption of AI solutions in business processes as a key driver of the AI training dataset market.

Leading companies in the AI training dataset market are focused on developing cutting-edge technologies, including state-of-the-art products, to cater to customers' needs with advanced features. A state-of-the-art product represents the pinnacle of technology, design, and features available in the industry. For instance, EON Reality, a US-based software company, introduced EON Train AI in October 2023. EON Train AI revolutionizes AI training for organizations by simplifying and accelerating the process, previously labor-intensive and complex, into a swift, streamlined, and precise endeavor. Its efficiency allows for the completion of complex tasks in minutes, showcasing its remarkable potential to transform and expedite AI training processes.

In September 2021, Appen Limited, an Australia-based AI company, acquired Quadrant Global Pte Ltd. for $25.3 million, expanding its market reach and enhancing its product and service offerings. This acquisition enables Appen to incorporate additional capabilities in mobile location and point-of-interest (POI) data, thus broadening its addressable market and enriching its offerings for customers. Quadrant Global Pte Ltd., based in the US, specializes in providing custom data collection and annotation services for AI training datasets.

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

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 countries covered in the AI training datasets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The AI training datasets market includes revenues earned by entities by providing services such as data labeling, data annotation, data cleaning and pre-processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The AI training datasets market consists of sales of high-speed hard drives, solid-state drives (SSDs), and network attached storage (NAS) systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

AI Training Dataset Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on ai training dataset market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for ai training dataset ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ai training dataset market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

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
Companies Mentioned: Google LLC; Microsoft Corporation; Amazon Web Services Inc.; International Business Machines Corporation; Oracle Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r16367

1. Executive Summary

2. AI Training Dataset Market Characteristics

3. AI Training Dataset Market Trends And Strategies

4. AI Training Dataset Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global AI Training Dataset Market Size and Growth

5.1. Global AI Training Dataset Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global AI Training Dataset Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global AI Training Dataset Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. AI Training Dataset Market Segmentation

6.1. Global AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Text
Audio
Image/Video
6.2. Global AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
On-premise
Cloud
6.3. Global AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Automotive
BFSI
IT And Telecom
Government
Retail And E-Commerce
Other End-Use Industries

7. AI Training Dataset Market Regional And Country Analysis

7.1. Global AI Training Dataset Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global AI Training Dataset Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific AI Training Dataset Market

8.1. Asia-Pacific AI Training Dataset Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China AI Training Dataset Market

9.1. China AI Training Dataset Market Overview
9.2. China AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India AI Training Dataset Market

10.1. India AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan AI Training Dataset Market

11.1. Japan AI Training Dataset Market Overview
11.2. Japan AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia AI Training Dataset Market

12.1. Australia AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia AI Training Dataset Market

13.1. Indonesia AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea AI Training Dataset Market

14.1. South Korea AI Training Dataset Market Overview
14.2. South Korea AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe AI Training Dataset Market

15.1. Western Europe AI Training Dataset Market Overview
15.2. Western Europe AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK AI Training Dataset Market

16.1. UK AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany AI Training Dataset Market

17.1. Germany AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France AI Training Dataset Market

18.1. France AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy AI Training Dataset Market

19.1. Italy AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain AI Training Dataset Market

20.1. Spain AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe AI Training Dataset Market

21.1. Eastern Europe AI Training Dataset Market Overview
21.2. Eastern Europe AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia AI Training Dataset Market

22.1. Russia AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America AI Training Dataset Market

23.1. North America AI Training Dataset Market Overview
23.2. North America AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA AI Training Dataset Market

24.1. USA AI Training Dataset Market Overview
24.2. USA AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada AI Training Dataset Market

25.1. Canada AI Training Dataset Market Overview
25.2. Canada AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America AI Training Dataset Market

26.1. South America AI Training Dataset Market Overview
26.2. South America AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil AI Training Dataset Market

27.1. Brazil AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East AI Training Dataset Market

28.1. Middle East AI Training Dataset Market Overview
28.2. Middle East AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa AI Training Dataset Market

29.1. Africa AI Training Dataset Market Overview
29.2. Africa AI Training Dataset Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa AI Training Dataset Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa AI Training Dataset Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. AI Training Dataset Market Competitive Landscape And Company Profiles

30.1. AI Training Dataset Market Competitive Landscape
30.2. AI Training Dataset Market Company Profiles
- 30.2.1. Google LLC
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Microsoft Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Amazon Web Services Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. International Business Machines Corporation
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Oracle Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. AI Training Dataset Market Other Major And Innovative Companies

31.1. Alegion
31.2. Telus International
31.3. Lionbridge Technologies Inc.
31.4. Samasource Inc.
31.5. Appen Limited
31.6. Appen Limited
31.7. Scale AI Inc.
31.8. Hive
31.9. Cogito Tech LLC
31.10. EON Reality
31.11. Defined.AI
31.12. CloudFactory Limited
31.13. Deep Vision Data
31.14. Labelbox Inc.
31.15. Playment Inc.

32. Global AI Training Dataset Market Competitive Benchmarking

33. Global AI Training Dataset Market Competitive Dashboard

34. Key Mergers And Acquisitions In The AI Training Dataset Market

35. AI Training Dataset Market Future Outlook and Potential Analysis

35.1 AI Training Dataset Market In 2028 - Countries Offering Most New Opportunities
35.2 AI Training Dataset Market In 2028 - Segments Offering Most New Opportunities
35.3 AI Training Dataset Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer