Middle East & Africa Data Annotation Tools Market Size & Outlook

The data annotation tools market in Middle East & Africa is expected to reach a projected revenue of US$ 55.6 million by 2030. A compound annual growth rate of 19.3% is expected of Middle East & Africa data annotation tools market from 2024 to 2030.

Revenue, 2023 (US$M)
$16.2
Forecast, 2030 (US$M)
$55.6
CAGR, 2024 - 2030
19.3%
Report Coverage
Middle East & Africa

MEA data annotation tools market highlights

  • The MEA data annotation tools market generated a revenue of USD 16.2 million in 2023.
  • The market is expected to grow at a CAGR of 19.3% from 2024 to 2030.
  • In terms of segment, text was the largest revenue generating type in 2023.
  • Image/Video is the most lucrative type segment registering the fastest growth during the forecast period.


MEA data book summary

Market revenue in 2023USD 16.2 million
Market revenue in 2030USD 55.6 million
Growth rate19.3% (CAGR from 2023 to 2030)
Largest segmentText
Fastest growing segmentImage/Video
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationText, Image/Video, Audio
Key market players worldwideAppen Ltd, Cogito Tech, TELUS International (Cda) Inc Ordinary Shares (Sub Voting), Amazon.com Inc, Alphabet Inc Class A


Other key industry trends

  • In terms of revenue, MEA region accounted for 1.6% of the global data annotation tools market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,738.3 million by 2030.

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Data Annotation Tools Market Scope

Data annotation tools market segmentation & scope
Text
Image/Video
Audio
Manual
Sem-supervised
Automatic
IT
Automotive
Government
Healthcare
Financial Services
Retail
Others

Data Annotation Tools Market Companies

Name Profile # Employees HQ Website

Middle East & Africa data annotation tools market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data annotation tools market will help companies and investors design strategic landscapes.


Text was the largest segment with a revenue share of 36.42% in 2023. Horizon Databook has segmented the Middle East & Africa data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2018 to 2030.


Increasing investments in the surveillance and telecommunication industry have led to the need for data collection and annotation applications. And subsequently creating high growth virtues for the market growth over the coming years.

For instance, several African countries, such as Kenya and Uganda, have received infrastructure and financing from Chinese companies, including Huawei Technologies Co., Ltd., to develop surveillance and telecommunications.

In Turkey, approximately 30 domestically developed drones equipped with image/video based facial recognition are used for border security. 

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Target buyers of Middle East & Africa data annotation tools market databook

  • Our clientele includes a mix of data annotation tools market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa data annotation tools market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa data annotation tools market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Middle East & Africa data annotation tools market

Middle East & Africa Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)

Middle East & Africa data annotation tools market

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