Data labelling software provides tools for converting unlabelled data into labelled data and building AI algorithms. The growing amount of raw data and growing focus of the enterprises towards converting raw data into meaningful information is one of the major factors supporting the growth of data labelling software market. The data labelling software is fragmented in nature with the presence of a large number of players operating in the market.
MARKET DYNAMICS
Growing focus of the companies towards converting raw data into valuable information and increasing volumes of data created everyday are significant factors driving the growth of the data labeling software market. However, lack of technical expertise and privacy concerns might hinder the growth of the data labeling software market. The demand for data labeling software is high in North America and Europe region and the APAC is expected to grow at high CAGR which is creating lucrative business opportunities for the companies operating in the market.
MARKET SCOPE
The "Global Data Labeling Software Market Analysis to 2028" is a specialized and in-depth study of the data labeling software market with a special focus on the global market trend analysis. The report aims to provide an overview of data labeling software market with detailed market segmentation by deployment, application, and geography. The global data labeling software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data labeling software market players and offers key trends and opportunities in the data labeling software market.
MARKET SEGMENTATION
The global data labeling software market is segmented on the basis of deployment and application. Based on deployment, the market is segmented as cloud and on premise. Based on application, the market is segmented as Government, retail and e-Commerce, Healthcare and life sciences, BFSI, transportation and logistics, telecom and it manufacturing, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global data labeling software market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The data labeling software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting data labeling software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the data labeling software market in these regions.
MARKET PLAYERS
The reports cover key developments in the data labeling software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from data labeling software market are anticipated to lucrative growth opportunities in the future with the rising demand for data labeling software market. Below mentioned is the list of few companies engaged in the data labeling software market.
The report also includes the profiles of key data labeling software market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Alegion
- Amazon Web Services, Inc.
- APPEN LIMITED
- BasicAI Inc.
- Clarifai, Inc.
- CloudFactory Limited
- Dataloop Ltd
- Datasaur, Inc.
- edgecase.ai
- Heartex Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.