Mexico Data Annotation Tools Market Size & Outlook

The data annotation tools market in Mexico is expected to reach a projected revenue of US$ 234.2 million by 2030. A compound annual growth rate of 25.5% is expected of Mexico data annotation tools market from 2024 to 2030.
Revenue, 2023 (US$M)
$47.8
Forecast, 2030 (US$M)
$234.2
CAGR, 2024 - 2030
25.5%
Report Coverage
Mexico

Mexico data annotation tools market highlights

  • The Mexico data annotation tools market generated a revenue of USD 47.8 million in 2023 and is expected to reach USD 234.2 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 25.5% from 2024 to 2030.
  • In terms of segment, text was the largest revenue generating type in 2023.
  • Audio is the most lucrative type segment registering the fastest growth during the forecast period.


Data annotation tools market data book summary

Market revenue in 2023USD 47.8 million
Market revenue in 2030USD 234.2 million
Growth rate25.5% (CAGR from 2023 to 2030)
Largest segmentText
Fastest growing segmentAudio
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, Mexico accounted for 4.6% of the global data annotation tools market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. data annotation tools market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 447.5 million by 2030.

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Data Annotation Tools Market Companies

Name Profile # Employees HQ Website

Mexico 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 39.96% in 2023. Horizon Databook has segmented the Mexico data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Mexico 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 country-level data and insights on the Mexico data annotation tools market , including forecasts for subscribers. This country databook contains high-level insights into Mexico data annotation tools market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico data annotation tools market size, by type, 2018-2030 (US$M)

Mexico Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)

Mexico data annotation tools market size, by type, 2018-2030 (US$M)

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