Middle East & Africa Data Collection And Labeling Market Size & Outlook
Middle East & Africa data collection and labeling market, 2018-2030 (US$M)
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MEA data collection and labeling market highlights
- The MEA data collection and labeling market generated a revenue of USD 39.9 million in 2023.
- The market is expected to grow at a CAGR of 24% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 39.9 million |
| Market revenue in 2030 | USD 179.7 million |
| Growth rate | 24% (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, MEA region accounted for 1.4% 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.
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Data Collection And Labeling Market Scope
Data Collection And Labeling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 39.85% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
Increasing investments in the telecommunication and surveillance industry have led to the need for data labeling and annotation applications. The Middle East and Africa regions are experiencing rapid growth in their telecommunications infrastructure and the deployment of advanced networks and technologies.
This includes the expansion of 4G and 5G networks, increased internet connectivity, and the proliferation of intelligent devices. Besides, governments, law enforcement agencies, and private organizations in the Middle East and Africa are investing in expanding their surveillance capabilities.
This includes deploying CCTV cameras, facial recognition systems, and other monitoring technologies. For instance, several African countries, such as Uganda and Kenya, have received financing and infrastructure from Chinese companies, including Huawei Technologies Co., Ltd, to develop surveillance and telecommunications infrastructure.
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Target buyers of Middle East & Africa data collection and labeling market databook
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Our clientele includes a mix of data collection and labeling market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 collection and labeling market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa data collection and labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA data collection and labeling market size, by country, 2018-2030 (US$M)
Middle East & Africa Data Collection And Labeling Market Outlook Share, 2023 & 2030 (US$M)
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