UK Data Collection And Labeling Market Size & Outlook
UK data collection and labeling market, 2018-2030 (US$M)
Related Markets
UK data collection and labeling market highlights
- The UK data collection and labeling market generated a revenue of USD 185.3 million in 2023 and is expected to reach USD 1,247.1 million by 2030.
- The UK market is expected to grow at a CAGR of 31.3% 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.
Data collection and labeling market data book summary
| Market revenue in 2023 | USD 185.3 million |
| Market revenue in 2030 | USD 1,247.1 million |
| Growth rate | 31.3% (CAGR from 2023 to 2030) |
| Largest segment | It & telecom |
| Fastest growing segment | Healthcare |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 6.4% of the global data collection and labeling market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany data collection and labeling market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 929.4 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 |
|---|
UK 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 20.51% in 2023. Horizon Databook has segmented the UK 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 data collection and labeling market in the U.K. region is on the rise due to a significant shift towards data-driven decision-making across industries. U.K. organizations recognize the value of leveraging data to gain insights, improve operations, and enhance customer experiences.
Extracting meaningful insights from data often requires high-quality labeled datasets to train machine learning models effectively. Thus, the need for accurate and labeled data has driven the demand for data collection and labeling services.
The growing adoption of emerging technologies such as artificial intelligence, machine learning, and natural language processing has also contributed to the demand for data collection and labeling services. These technologies heavily rely on large volumes of labeled data for training models, and organizations in the U.K. are investing in data collection and labeling to fuel their AI initiatives.
Reasons to subscribe to UK 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 UK 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 country-level data and insights on the UK data collection and labeling market , including forecasts for subscribers. This country databook contains high-level insights into UK data collection and labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK data collection and labeling market size, by end use, 2018-2030 (US$M)
UK Data Collection And Labeling Market Outlook Share, 2023 & 2030 (US$M)
Related regional 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
