Data Annotation Tools Market Projected Growth Rate Through 2023-2032

 The Data Annotation Tools Global Market Report 2023, provides comprehensive information on the data annotation tools market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

 

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As per The Business Research Company’s Data Annotation Tools Global Market Report 2023, the global data annotation tools market size is expected to grow from $1.41 billion in 2022 to $1.82 billion in 2023 at a compound annual growth rate (CAGR) of 28.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data annotation tools market size is expected to grow to $5.21 billion in 2027 at a CAGR of 30.1%.

 

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The data annotation tools market is segmented:

1) By Type: Text, Image/Video, Audio

2) By Technology: Supervised, Semi-Supervised, Automatic

3) By Vertical: IT, Automotive, Government, Healthcare, Financial Services, Retail, Other Verticals

 

Asia Pacific was the largest region in the data annotation tools market in 2022.

 

The table of contents in TBRC’s data annotation tools market report includes:

1. Executive Summary

2. Data Annotation Tools Market Characteristics

3. Data Annotation Tools Market Trends And Strategies

4. Data Annotation Tools Market - Macro Economic Scenario

5. Data Annotation Tools Market Size And Growth

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27. Data Annotation Tools Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Data Annotation Tools Market

29. Data Annotation Tools Market Future Outlook and Potential Analysis

30. Appendix

 

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