Global Data Collection And Labeling Market Size By Type, By Application, By Geographic Scope And Forecast

Jan 2021| VMR4017A| Verified Market Research

Report Highlights

Data Collection And Labeling Market Size And Forecast

Data Collection and Labeling Market was valued at USD 970 Million in 2019 and is projected to reach USD 5.97 Billion by 2027, growing at a CAGR of 25.84 % from 2020 to 2027.

Global Data Collection and Labeling Market Outlook

The growing need to make text/ image more interactive and engaging, rapid penetration of AI and machine learning, and the increase in the adoption of cloud media services and surge in mobile devices is expected to boost the growth of the global data collection and labeling market. Moreover, growing R;D spending on the development of self-driving vehicles is likely to drive the demand for the forecast period.On the contrary, lack of skilled labor, high costs associated with manual labeling of complex images, and inaccuracy in data labeling are the potential restraints hampering the overall market. However, the advancements in technologies, and investments by governments offers the favorable growth opportunities.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Data Collection and Labeling Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Data Collection and Labeling Market Competitive Landscape

The Global Data Collection and Labeling Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Appen Limited, Reality AI, Globalme Localization Inc., Global Technology Solutions, Alegion, Labelbox Inc., Dobility Inc., Scale AI Inc., Trilldata Technologies Pvt. Ltd., Playment Inc., and Others.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Verified Market Research
Price: $3750

Become a Member

Already a member? Login here.

Have a Question? Ask Us.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
Custom Research

Need a custom data table, graph or complete report? Tell us more.

RELATED REPORTS