U.S. Data Collection And Labeling Market Size & Outlook
U.S. data collection and labeling market, 2018-2030 (US$M)
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U.S. data collection and labeling market highlights
- The U.S. data collection and labeling market generated a revenue of USD 677.6 million in 2023 and is expected to reach USD 3,178.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 24.7% 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 677.6 million |
| Market revenue in 2030 | USD 3,178.7 million |
| Growth rate | 24.7% (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, U.S. accounted for 23.4% 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 North America, U.S. data collection and labeling 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 1,411.8 million by 2030.
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Data Collection And Labeling Market Scope
Data Collection And Labeling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 20.94% in 2023. Horizon Databook has segmented the U.S. 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.
Data collection and labeling services and solutions have become increasingly popular among businesses of all sizes across industries in the U.S. As businesses and organizations increasingly rely on data for decision-making and machine learning algorithms, the demand for high-quality, accurately labeled data has surged.
The rapid advancement of artificial intelligence and machine learning technologies has created a growing need for large volumes of labeled data to train and refine models. Additionally, the increasing availability and accessibility of data from various sources has expanded the scope of data collection and labeling services.
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Target buyers of U.S. 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 country-level data and insights on the U.S. data collection and labeling market , including forecasts for subscribers. This country databook contains high-level insights into U.S. data collection and labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. data collection and labeling market size, by end use, 2018-2030 (US$M)
U.S. Data Collection And Labeling Market Outlook Share, 2023 & 2030 (US$M)
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