The Global Data Annotation Tools market accounted for US$ 695.5 million in 2017 and is projected to reach US$ 6450.0 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 an important tool for data scientists as they make use of the labelled 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, or any other language), audio and video.
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Major Manufacturer Detail:
Appen Limited, Cloud App, Cogito, Deep Systems, Google LLC, Labelbox, LightTag, Mighty AI
Based on the industrial chain, this report mainly elaborates the definition, types, applications and major players of Data Annotation Tools market in details. Deep analysis about market status (2014-2019), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2026), regional industrial layout characteristics and policies has also be included.
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Some of the main geographies included in this study:
North America (United States and Canada and rest of North America)
Europe (Germany, France, Italy and rest of Europe)
Asia-Pacific (China, Japan, India, South Korea and the rest of Asia-Pacific)
LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and the rest of LAMEA)
Table of Contents:
Coverage: It includes key manufacturers covered, key market segments, the scope of products offered in the global Data Annotation Tools market, years considered, and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and application.
Executive Summary: It gives a summary of key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Production by Region: Here, the report provides information related to import and export, production, revenue, and key players of all regional markets studied.
Profile of Manufacturers: Each player profiled in this section is studied on the basis of SWOT analysis, their products, production, value, capacity, and other vital factors.
Reasons to buy:
- In-depth analysis of the market on the global and regional level.
- Major changes in market dynamics and competitive landscape.
- Segmentation on the basis of type, application, geography and others.
- Historical and future market research in terms of size, share, growth, volume & sales.
- Major changes and assessment in market dynamics & developments.
- Industry size & share analysis with industry growth and trends.
- Emerging key segments and regions
- Key business strategies by major market players and their key methods.
- The research report covers size, share, trends and growth analysis of the Data Annotation Tools Market on the global and regional level.
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