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Global Data Annotation Tools Market: By Type: Text, Image, Video; By Technology: Manual, Semi-Supervised, Automatic; By Application: Automotive, Healthcare, BFSI, Retail, Government, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Data Annotation Tools Market Outlook
The global data annotation tools market size was estimated at USD 321.45 million in 2020. The data annotation tool market is projected to record a CAGR of 27% between 2021 and 2026. The market growth is largely attributed to the increased adoption of software for image data annotation in the automotive, retail, and healthcare sectors.
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Properties and Applications
Data annotation is the method of labelling data for machine learning purposes. The data annotation tools industry can be divided based on segments like types, technologies, and applications.
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The industry can be broadly categorised based on types into:
- Text
- Image
- Video
Based on technology, the industry can be categorised as:
- Manual
- Semi-Supervised
- Automatic
The industry can be divided based on its application segments as:
- Automotive
- Healthcare
- BFSI
- Retail
- Government
- Transportation and Logistics
The EMR report looks into the regional data annotation tool markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The tools for data annotation enable users to enhance data quality by adding or marking attribute tags to it. The major benefit of using these tools is that the combination of data features allow users to handle data interpretation at a single location and eliminates the need for multiple locations to rewrite similar rules. The growth of big data and the increase in the number of large datasets would probably require the use of artificial intelligence technology in the field of data annotation. Due to the extending reach of data labelling, industries developing AI-enabled healthcare applications are partnering with data annotation companies to provide the necessary data sets to help them improve their machine learning and deep learning skills, thus, aiding the growth of the data annotation tools market.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global data annotation tools market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Annotate.com
- Appen Limited
- CloudApp
- Cogito Tech LLC
- Deep Systems
- Labelbox, Inc
- LightTag
- Lotus Quality Assurance
- Playment Inc.
- Tagtog Sp. z o.o.
- D-Link
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Technology, Application, Region |
| Breakup by Type | Text, Image, Video |
| Breakup by Technology | Manual, Semi-Supervised, Automatic |
| Breakup by Application | Automotive, Healthcare, BFSI, Retail, Government, Transportation & Logistics |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Annotate.com, Appen Limited, CloudApp, Cogito Tech LLC, Deep Systems, Labelbox, Inc, LightTag, Lotus Quality Assurance, Playment Inc., Tagtog Sp. z o.o., D-Link, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Key Questions Answered in the Market Report
- How has the global data annotation tools market performed in the previous years (2016-2020)?
- What is the forecast assessment of the market for 2021-2026?
- What are the major drivers in the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major constraints in the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major demand indicators of the global market?
- Who are the key manufacturers in the global data annotation tools market?
- What is the degree of competition in the global market?
- What are the significant events and developments taking place within the global industry?
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Data Annotation Tools Market Analysis
6.1 Global Data Annotation Tools Market (2016-2020) & Forecast (2021-2026)
6.2 Global Data Annotation Tools Market Breakup by Type
6.2.1 Text
6.2.2 Image
6.2.3 Video
6.3 Global Data Annotation Tools Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Text
6.3.2 Image
6.3.3 Video
6.4 Global Data Annotation Tools Market Breakup by Technology
6.4.1 Manual
6.4.2 Semi-Supervised
6.4.3 Automatic
6.5 Global Data Annotation Tools Market Breakup by Technology: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 Manual
6.5.2 Semi-Supervised
6.5.3 Automatic
6.6 Global Data Annotation Tools Market Breakup by Application
6.6.1 Automotive
6.6.2 Healthcare
6.6.3 BFSI
6.6.4 Retail
6.6.5 Government
6.6.6 Transportation & Logistics
6.7 Global Data Annotation Tools Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
6.7.1 Automotive
6.7.2 Healthcare
6.7.3 BFSI
6.7.4 Retail
6.7.5 Government
6.7.6 Transportation & Logistics
6.8 Global Data Annotation Tools Market Breakup by Region
6.8.1 North America
6.8.1.1 United States of America
6.8.1.2 Canada
6.8.2 Europe
6.8.2.1 Germany
6.8.2.2 United Kingdom
6.8.2.3 France
6.8.2.4 Italy
6.8.2.5 Others
6.8.3 Asia Pacific
6.8.3.1 China
6.8.3.2 Japan
6.8.3.3 India
6.8.3.4 ASEAN
6.8.3.5 Others
6.8.4 Latin America
6.8.4.1 Brazil
6.8.4.2 Argentina
6.8.4.3 Mexico
6.8.4.4 Others
6.8.5 Middle East & Africa
6.8.5.1 Saudi Arabia
6.8.5.2 United Arab Emirates
6.8.5.3 Nigeria
6.8.5.4 South Africa
6.8.5.5 Others
6.9 Global Data Annotation Tools Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.9.1 North America
6.9.1.1 United States of America
6.9.1.2 Canada
6.9.2 Europe
6.9.2.1 Germany
6.9.2.2 United Kingdom
6.9.2.3 France
6.9.2.4 Italy
6.9.2.5 Others
6.9.3 Asia Pacific
6.9.3.1 China
6.9.3.2 Japan
6.9.3.3 India
6.9.3.4 ASEAN
6.9.3.5 Others
6.9.4 Latin America
6.9.4.1 Brazil
6.9.4.2 Argentina
6.9.4.3 Mexico
6.9.4.4 Others
6.9.5 Middle East & Africa
6.9.5.1 Saudi Arabia
6.9.5.2 United Arab Emirates
6.9.5.3 Nigeria
6.9.5.4 South Africa
6.9.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Competitive Landscape & Supplier Analysis
9.1 Annotate.com
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Appen Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 CloudApp
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Cogito Tech LLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Deep Systems
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Labelbox, Inc
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 LightTag
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Lotus Quality Assurance
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 Playment Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10 Tagtog Sp. z o.o.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.11 D-Link
9.11.1 Company Overview
9.11.2 Financial Analysis
9.12 Others
10 Industry Events and Developments
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