Asia Pacific Data Collection And Labeling Market Size & Outlook
Related Markets
Asia Pacific data collection and labeling market highlights
- The Asia Pacific data collection and labeling market generated a revenue of USD 883.1 million in 2023.
- The market is expected to grow at a CAGR of 30.9% from 2024 to 2030.
- In terms of segment, it & telecom was the largest revenue generating end use in 2023.
- Healthcare is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 883.1 million |
| Market revenue in 2030 | USD 5,807.3 million |
| Growth rate | 30.9% (CAGR from 2023 to 2030) |
| Largest segment | It & telecom |
| Fastest growing segment | Healthcare |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | IT & Telecom, Government, Healthcare, BFSI, Retail & E-commerce |
| Key market players worldwide | Allegion PLC, Appen Ltd, TELUS International (Cda) Inc Ordinary Shares (Sub Voting), Reality AI, Globalme, Global Technology Solutions, Labelbox, Dobility, Scale AI |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.5% of the global data collection and labeling 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 5,807.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Data Collection And Labeling Market Scope
Data Collection And Labeling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Scale AI | View profile | 501-1000 | San Francisco, California, United States, North America | https://scale.com |
| Dobility | View profile | 11-50 | Cambridge, Massachusetts, United States, North America | https://www.dobility.com/ |
| Globalme | View profile | 51-100 | Vancouver, British Columbia, Canada, North America | https://www.globalme.net/ |
| Reality AI | View profile | 11-50 | Columbia, Maryland, United States, North America | https://reality.ai/ |
| Labelbox | View profile | 101-250 | San Francisco, California, United States, North America | https://labelbox.com |
| Global Technology Solutions | View profile | 11-50 | Andover, Hampshire, United Kingdom, Europe | https://www.global-technologysolutions.com |
| TELUS International (Cda) Inc Ordinary Shares (Sub Voting) | View profile | 75347 | 510 West Georgia Street, Floor 7, Vancouver, BC, Canada, V6B 0M3 | https://www.telusinternational.com |
| Appen Ltd | View profile | 1037 | 9 Help Street, Level 6, Chatswood, Sydney, NSW, Australia, 2067 | https://www.appen.com |
| Allegion PLC | View profile | 12400 | Harcourt Road, Iveagh Court, Block D, Dublin 2, Ireland, D02 VH94 | https://www.allegion.com |
Asia Pacific data collection and labeling 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 collection and labeling market will help companies and investors design strategic landscapes.
It & telecom was the largest segment with a revenue share of 35.02% in 2023. Horizon Databook has segmented the Asia Pacific data collection and labeling market based on it & telecom, government, healthcare, bfsi, retail & e-commerce covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is a prominent player in the global data collection and labeling market and is expected to continue to experience strong growth in the coming years. Increasing penetration of data collection and labeling solutions, and annotation tools for biometry applications has been witnessed in the region.
For instance, YITU Tech, a Shanghai-based biometrics solution provider, has gained recognition for its image scan platform. This platform can identify an individual from a database containing over two billion images in a fraction of a second.
Amid the COVID-19 outbreak, the use of data collection and labeling services increased due to the exponential rise in patients, reports, and medical imaging applications. Strict regulations on protecting personal information are expected to restrict the data collection process in the region.
Reasons to subscribe to Asia Pacific data collection and labeling market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific data collection and labeling market databook
-
Our clientele includes a mix of data collection and labeling 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 Asia Pacific data collection and labeling market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific data collection and labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific data collection and labeling market size, by country, 2018-2030 (US$M)
Asia Pacific Data Collection And Labeling Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
