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Data Annotation Tools Market to 2027 - Global Analysis and Forecasts by Type ( Text, Image, Others ); Annotation Type ( Manual, Semi-Supervised, Automatic ); End-user ( Automotive, Government, Healthcare, Financial Services, Retail, IT and Telecom, Others )

RnM3946157
10 April, 2020
Global
173 Pages
The Insight Partners
Other

The global data annotation tools market was valued at US$ 695.5 million in 2019 and is projected to reach US$ 6,450.0 million by 2027; it is expected to grow at a CAGR of 32.54% from 2020 to 2027.

The process of data annotation includes labeling of data which makes it usable for machine learning. Data annotation tools are important for data scientists as they make use of the labeled data with machine learning algorithms. Data can be in any form, such as images (from cars, phones, or medical instruments), text (in English, Spanish, Chinese, and among others), audio, and video. There are different types of annotation techniques like polygon annotation, semantic segmentation, bounding box annotation, landmark annotation, polylines annotation, and 3D point cloud annotation. In house teams can label the data if it is a small set, but this can be time consuming. When large amount of data is to be annotated, it is outsourced to companies like Precise BPO Solution, who can handle millions of annotations in a week and it significantly saves time. Further, the increasing investments by various market players in data annotation techniques in order to offer high quality labeled data are expected to play a significant role in the growth of the market.

The applications of data annotation are growing strongly across the globe. Face detection and recognition is one of the major applications of data annotation. Countries across the globe are implementing various facial technologies to create social status and award penalties for public menace to its citizens. For instance, China has installed 200 million surveillance cameras, one camera for every seven of its citizens. It plans to install about 400 million new cameras by 2021 in the country, for security and traffic control purposes.

The market for data annotation tools has been segmented into type, annotation type, end user, and geography. Based on type, the data annotation tools market has been segmented into text, image, and others. Based on annotation type, the data annotation tools market has been segmented into manual, semi-supervised, and automatic. Based on end user, the data annotation tools market has been segmented into automotive, government, healthcare, financial services, retail, IT & telecom, and others. Geographically, the data annotation tools market is segmented into five regions: North America, Europe, APAC, MEA, and South America.

Appen Limited, CloudFactory Limited, Cogito, Deep Systems, Google LLC, Labelbox, Inc, LIGHTTAG, Tagtog Sp. z o.o., PLAYMENT INC., and SCALE AI, INC. are some of the well-established market players present in the global data annotation tools market.

The overall size of global data annotation tools market has been derived using primary and secondary sources. The research process begins with extensive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global data annotation tools market. It also provides an overview and forecast for the data annotation tools market based on all the segmentations provided for the global regions. Additionally, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specialized in data annotation tools.

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Data Annotation Tools Market Landscape

4.1 Market Overview
4.2 PEST Analysis
- 4.2.1 North America PEST Analysis
- 4.2.2 Europe PEST Analysis
- 4.2.3 APAC PEST Analysis
- 4.2.4 MEA PEST Analysis
- 4.2.5 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. Data Annotation Tools Market – Key Industry Dynamics

5.1 Drivers
- 5.1.1 Growing Applications of Data Annotation
- 5.1.2 Increasing Investments by Market Players
5.2 Market Restraints
- 5.2.1 Lack of Skilled Labor and Disadvantages Associated with Annotation Techniques
5.3 Market Opportunities
- 5.3.1 Trend of e-Education Across the world
5.4 Future Trends
- 5.4.1 Increasing Organic Development by Market Players
5.5 Impact Analysis of Drivers and Restraints

6. Data Annotation Tools Market – Global Market Analysis

6.1 Data Annotation Tools Market Overview
6.2 Data Annotation Tools Market –Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Key Players

7. Data Annotation Tools Market Analysis – By Type

7.1 Overview
7.2 Global Data Annotation Tools Market Breakdown, By Type, 2017 & 2027
7.3 Text
- 7.3.1 Overview
- 7.3.2 Text Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Image
- 7.4.1 Overview
- 7.4.2 Image Market Revenue and Forecast to 2027 (US$ Mn)
7.5 Others
- 7.5.1 Overview
- 7.5.2 Others Market Revenue and Forecast to 2027 (US$ Mn)

8. Data Annotation Tools Market Analysis – By Annotation Type

8.1 Overview
8.2 Global Data Annotation Tools Market Breakdown, By Annotation Type, 2017 & 2027
8.3 Manual
- 8.3.1 Overview
- 8.3.2 Manual Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Semi-Supervised
- 8.4.1 Overview
- 8.4.2 Semi-Supervised Market Revenue and Forecast to 2027 (US$ Mn)
8.5 Automatic
- 8.5.1 Overview
- 8.5.2 Automatic Market Revenue and Forecast to 2027 (US$ Mn)

9. Data Annotation Tools Market Analysis – By End User

9.1 Overview
9.2 Global Data Annotation Tools Market Breakdown, By End User, 2017 & 2027
9.3 Automotive
- 9.3.1 Overview
- 9.3.2 Automotive Market Revenue and Forecast to 2027 (US$ Mn)
9.4 Healthcare
- 9.4.1 Overview
- 9.4.2 Healthcare Market Revenue and Forecast to 2027 (US$ Mn)
9.5 Government
- 9.5.1 Overview
- 9.5.2 Government Market Revenue and Forecast to 2027 (US$ Mn)
9.6 Financial Services
- 9.6.1 Overview
- 9.6.2 Financial Services Market Revenue and Forecast to 2027 (US$ Mn)
9.7 Retail
- 9.7.1 Overview
- 9.7.2 Semi-Supervised Market Revenue and Forecast to 2027 (US$ Mn)
9.8 IT and Telecom
- 9.8.1 Overview
- 9.8.2 IT and Telecom Market Revenue and Forecast to 2027 (US$ Mn)
9.9 Others
- 9.9.1 Overview
- 9.9.2 Others Market Revenue and Forecast to 2027 (US$ Mn)

10. Data Annotation Tools Market – Geographic Analysis

10.1 Overview
10.2 North America: Data Annotation Tools Market
- 10.2.1 North America: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
- 10.2.2 North America: Data Annotation Tools Market, by Type
- 10.2.3 North America: Data Annotation Tools Market, by Annotation Type
- 10.2.4 North America: Data Annotation Tools Market, by End User
- 10.2.5 North America: Data Annotation Tools Market, by Key Country
  - 10.2.5.1 US: Data Annotation Tools Market –Revenue, and Forecast to 2027 (US$ Million)
  - 10.2.5.1.1 US: Data Annotation Tools Market, by Type
  - 10.2.5.1.2 US: Data Annotation Tools Market, by Annotation Type
  - 10.2.5.1.3 US Data Annotation Tools Market, by End-User – Revenue and Forecast to 2027 (USD Million)
  - 10.2.5.2 Canada: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
  - 10.2.5.2.1 Canada: Data Annotation Tools Market, by Type
  - 10.2.5.2.2 Canada: Data Annotation Tools Market, by Annotation Type
  - 10.2.5.2.3 Canada: Data Annotation Tools Market, by End User
  - 10.2.5.3 Mexico: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
  - 10.2.5.3.1 Mexico: Data Annotation Tools Market, by Type
  - 10.2.5.3.2 Mexico: Data Annotation Tools Market, by Annotation Type
  - 10.2.5.3.3 Mexico: Data Annotation Tools Market, by End-User – Revenue and Forecast to 2027 (USD Million)
  - 10.3 Europe: Data Annotation Tools Market
    - 10.3.1 Europe: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
    - 10.3.2 Europe: Data Annotation Tools Market, by Type
    - 10.3.3 Europe: Data Annotation Tools Market, by Annotation Type
    - 10.3.4 Europe: Data Annotation Tools Market, by End User
    - 10.3.5 Europe: Data Annotation Tools Market, by Key Country
      - 10.3.5.1 Germany: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
      - 10.3.5.1.1 Germany: Data Annotation Tools Market, by Type
      - 10.3.5.1.2 Germany: Data Annotation Tools Market, by Annotation Type
      - 10.3.5.1.3 Germany: Data Annotation Tools Market, by End User
      - 10.3.5.2 France: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
      - 10.3.5.2.1 France: Data Annotation Tools Market, by Type
      - 10.3.5.2.2 France: Data Annotation Tools Market, by Annotation Type
      - 10.3.5.2.3 France: Data Annotation Tools Market, by End User
      - 10.3.5.3 Italy: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
      - 10.3.5.3.1 Italy: Data Annotation Tools Market, by Type
      - 10.3.5.3.2 Italy: Data Annotation Tools Market, by Annotation Type
      - 10.3.5.3.3 Italy: Data Annotation Tools Market, by End User
      - 10.3.5.4 UK: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
      - 10.3.5.4.1 UK: Data Annotation Tools Market, by Type
      - 10.3.5.4.2 UK: Data Annotation Tools Market, by Annotation Type
      - 10.3.5.4.3 UK: Data Annotation Tools Market, by End User
      - 10.3.5.5 Russia: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
      - 10.3.5.5.1 Russia: Data Annotation Tools Market, by Type
      - 10.3.5.5.2 Russia: Data Annotation Tools Market, by Annotation Type
      - 10.3.5.5.3 Russia: Data Annotation Tools Market, by End User
      - 10.3.5.6 Rest of Europe: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
      - 10.3.5.6.1 Rest of Europe: Data Annotation Tools Market, by Type
      - 10.3.5.6.2 Rest of Europe: Data Annotation Tools Market, by Annotation Type
      - 10.3.5.6.3 Rest of Europe: Data Annotation Tools Market, by End user
      - 10.4 APAC: Data Annotation Tools Market
        10.4.1 APAC: Data annotation tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.4.2 APAC: Data annotation tools Market, by Type
        10.4.3 APAC: Data annotation tools Market, by Annotation Type
        10.4.4 APAC: Data annotation tools Market, by End-User
        10.4.5 APAC: Data annotation tools Market, by Key Country
        10.4.5.1 Australia: Data annotation tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.4.5.1.1 Australia: Data annotation tools Market, by Type– Revenue and Forecast to 2027 (US$ Million)
        10.4.5.1.2 Australia: Data annotation tools Market, by Annotation Type – Revenue and Forecast to 2027 (US$ Million)
        10.4.5.1.3 Australia: Data annotation tools Market, by End-User– Revenue and Forecast to 2027 (US$ Million)
        10.4.5.2 China: Data annotation tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.4.5.2.1 China: Data annotation tools Market, by Type– Revenue and Forecast to 2027 (US$ Million)
        10.4.5.2.2 China: Data annotation tools Market, by Annotation Type– Revenue and Forecast to 2027 (US$ Million)
        10.4.5.2.3 China: Data annotation tools Market, by End User – Revenue and Forecast to 2027 (US$ Million)
        10.4.5.3 India: Data annotation tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.4.5.3.1 India: Data annotation tools Market, by Type
        10.4.5.3.2 India: Data annotation tools Market, by End-User
        10.4.5.3.3 India: Data annotation tools Market, by End-User
        10.4.5.4 Japan: Data annotation tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.4.5.4.1 Japan: Data annotation tools Market, by Type
        10.4.5.4.2 Japan: Data annotation tools Market, by Annotation Type
        10.4.5.4.3 Japan: Data annotation tools Market, by End-User
        10.4.5.5 South Korea: Data annotation tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.4.5.5.1 South Korea: Data annotation tools Market, by Type
        10.4.5.5.2 South Korea: Data annotation tools Market, by Annotation Type
        10.4.5.5.3 South Korea: Data annotation tools Market, by End User
        10.4.5.6 Rest of APAC: Data annotation tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.4.5.6.1 Rest of APAC: Data annotation tools Market, by Type
        10.4.5.6.2 Rest of APAC: Data annotation tools Market, by Annotation Type
        10.4.5.6.3 Rest of APAC: Data annotation tools Market, by End User
        10.5 MEA: Data Annotation Tools Market
        10.5.1 MEA: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.5.2 MEA: Data Annotation Tools Market, by Type
        10.5.3 MEA: Data Annotation Tools Market, by Annotation Type
        10.5.4 MEA: Data Annotation Tools Market, by End-User
        10.5.5 MEA: Data Annotation Tools Market, by Key Country
        10.5.5.1 South Africa: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.5.5.1.1 South Africa: Data Annotation Tools Market, by Type
        10.5.5.1.2 South Africa: Data Annotation Tools Market, by Annotation
        10.5.5.1.3 South Africa: Data Annotation Tools Market, by End-User
        10.5.5.2 Saudi Arabia: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.5.5.2.1 Saudi Arabia: Data Annotation Tools Market, by Type
        10.5.5.2.2 Saudi Arabia: Data Annotation Tools Market, by Annotation Type
        10.5.5.2.3 Saudi Arabia: Data Annotation Tools Market, by End- User
        10.5.5.3 UAE: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.5.5.3.1 UAE: Data Annotation Tools Market, by type
        10.5.5.3.2 UAE: Data Annotation Tools Market, by Annotation Type
        10.5.5.3.3 UAE: Data Annotation Tools Market, by End-User
        10.5.5.4 Rest of MEA: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.5.5.4.1 Rest of MEA: Data Annotation Tools Market, by Type
        10.5.5.4.2 Rest of MEA: Data Annotation Tools Market, by Annotation Type
        10.5.5.4.3 Rest of MEA: Data Annotation Tools Market, by End-User
        10.6 SAM: Data Annotation Tools Market
        10.6.1 SAM: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.6.2 SAM: Data Annotation Tools Market, by Type
        10.6.3 SAM: Data Annotation Tools Market, by Annotation Type
        10.6.4 SAM: Data Annotation Tools Market, by End User
        10.6.5 SAM: Data Annotation Tools Market, by Key Country
        10.6.5.1 Brazil: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.6.5.1.1 Brazil: Data Annotation Tools Market, by Type
        10.6.5.1.2 Brazil: Data Annotation Tools Market, by Annotation Type
        10.6.5.1.3 Brazil: Data Annotation Tools Market, by End User
        10.6.5.2 Argentina: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.6.5.2.1 Argentina: Data Annotation Tools Market, by Type
        10.6.5.2.2 Argentina: Data Annotation Tools Market, by Annotation Type
        10.6.5.2.3 Argentina: Data Annotation Tools Market, by End User
        10.6.5.3 Rest of SAM: Data Annotation Tools Market – Revenue and Forecast to 2027 (US$ Million)
        10.6.5.3.1 Rest of SAM: Data Annotation Tools Market, by Type
        10.6.5.3.2 Rest of SAM: Data Annotation Tools Market, by Annotation Type
        10.6.5.3.3 Rest of SAM: Data Annotation Tools Market, by End User
        11. Industry Landscape
        11.1 Overview
        11.2 Growth Strategies Done By the Companies in the Market, (%)
        11.3 Organic Developments Done By The Companies In The Market
        11.4 Inorganic Developments Done By The Companies In The Market
        12. COMPANY PROFILES
        12.1 Cogito
        12.1.1 Key Facts
        12.1.2 Business Description
        12.1.3 Products and Services
        12.1.4 Financial Overview
        12.1.5 SWOT Analysis
        12.1.6 Key Developments
        12.2 Google LLC
        12.2.1 Key Facts
        12.2.2 Business Description
        12.2.3 Products and Services
        12.2.4 Financial Overview
        12.2.5 SWOT Analysis
        12.2.6 Key Developments
        12.3 Deep Systems
        12.3.1 Key Facts
        12.3.2 Business Description
        12.3.3 Products and Services
        12.3.4 Financial Overview
        12.3.5 SWOT Analysis
        12.3.6 Key Developments
        12.4 Appen Limited
        12.4.1 Key Facts
        12.4.2 Business Description
        12.4.3 Products and Services
        12.4.4 Financial Overview
        12.4.5 SWOT Analysis
        12.4.6 Key Developments
        12.5 Labelbox, Inc
        12.5.1 Key Facts
        12.5.2 Business Description
        12.5.3 Products and Services
        12.5.4 Financial Overview
        12.5.5 SWOT Analysis
        12.5.6 Key Developments
        12.6 LightTag
        12.6.1 Key Facts
        12.6.2 Business Description
        12.6.3 Products and Services
        12.6.4 Financial Overview
        12.6.5 SWOT Analysis
        12.6.6 Key Developments
        12.7 PLAYMENT INC.
        12.7.1 Key Facts
        12.7.2 Business Description
        12.7.3 Products and Services
        12.7.4 Financial Overview
        12.7.5 SWOT Analysis
        12.7.6 Key Developments
        12.8 Scale AI, Inc.
        12.8.1 Key Facts
        12.8.2 Business Description
        12.8.3 Products and Services
        12.8.4 Financial Overview
        12.8.5 SWOT Analysis
        12.8.6 Key Developments
        12.9 Tagtog Sp. z o.o.
        12.9.1 Key Facts
        12.9.2 Business Description
        12.9.3 Products and Services
        12.9.4 Financial Overview
        12.9.5 SWOT Analysis
        12.9.6 Key Developments
        12.10 CloudFactory Limited
        12.10.1 Key Facts
        12.10.2 Business Description
        12.10.3 Products and Services
        12.10.4 Financial Overview
        12.10.5 SWOT Analysis
        12.10.6 Key Developments
        13. Appendix
        13.1 About The Insight Partners

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Summary:
Get latest Market Research Reports on Data Annotation Tools . Industry analysis & Market Report on Data Annotation Tools is a syndicated market report, published as Data Annotation Tools Market to 2027 - Global Analysis and Forecasts by Type ( Text, Image, Others ); Annotation Type ( Manual, Semi-Supervised, Automatic ); End-user ( Automotive, Government, Healthcare, Financial Services, Retail, IT and Telecom, Others ). It is complete Research Study and Industry Analysis of Data Annotation Tools market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

Last updated on 10 April, 2020

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Data Annotation Tools Market to 2027 - Global Analysis and Forecasts by Type ( Text, Image, Others ); Annotation Type ( Manual, Semi-Supervised, Automatic ); End-user ( Automotive, Government, Healthcare, Financial Services, Retail, IT and Telecom, Others )

Table Of Content

TABLE OF CONTENTS

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Data Annotation Tools Market Landscape

5. Data Annotation Tools Market – Key Industry Dynamics

6. Data Annotation Tools Market – Global Market Analysis

7. Data Annotation Tools Market Analysis – By Type

8. Data Annotation Tools Market Analysis – By Annotation Type

9. Data Annotation Tools Market Analysis – By End User

10. Data Annotation Tools Market – Geographic Analysis

11. Industry Landscape

12. COMPANY PROFILES

13. Appendix

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