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
This report contains market size and forecasts of Automated Data Annotation Tools in Global, including the following market information:
Global Automated Data Annotation Tools Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Automated Data Annotation Tools market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Image/video Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automated Data Annotation Tools include Appen Limited, Amazon Web Services, Inc., Clickworker GmbH, CloudApp, Inc., CloudFactory Limited, Cogito Tech LLC, Dataturks, Google LLC and Hive, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automated Data Annotation Tools companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automated Data Annotation Tools Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Automated Data Annotation Tools Market Segment Percentages, by Type, 2021 (%)
Image/video
Text
Audio
Global Automated Data Annotation Tools Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Automated Data Annotation Tools Market Segment Percentages, by Application, 2021 (%)
IT & Telecom
BFSI
Healthcare
Retail
Automotive
Agriculture
Others
Global Automated Data Annotation Tools Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Automated Data Annotation Tools Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automated Data Annotation Tools revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Automated Data Annotation Tools revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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.