Canada Data Labeling Market Size & Outlook, 2023-2030
Canada data labeling market, 2018-2030 (US$M)
Related Markets
Canada data labeling market highlights
- The Canada data labeling market generated a revenue of USD 71.7 million in 2023 and is expected to reach USD 386.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 27.2% from 2024 to 2030.
- In terms of segment, text was the largest revenue generating data type in 2023.
- Audio is the most lucrative data type segment registering the fastest growth during the forecast period.
Data labeling market data book summary
| Market revenue in 2023 | USD 71.7 million |
| Market revenue in 2030 | USD 386.1 million |
| Growth rate | 27.2% (CAGR from 2023 to 2030) |
| Largest segment | Text |
| Fastest growing segment | Audio |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Text, Image/Video, Audio |
| Key market players worldwide | Global E Online Ltd, Allegion PLC, Appen Ltd, TELUS International (Cda) Inc Ordinary Shares (Sub Voting), Renesas Electronics Corp, Global Technology Solutions, Labelbox, SCALE AI |
Other key industry trends
- In terms of revenue, Canada accounted for 7.0% of the global data 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 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 386.1 million by 2030.
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Data Labeling Market Scope
Data Labeling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada data 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 labeling market will help companies and investors design strategic landscapes.
Text was the largest segment with a revenue share of 37.38% in 2023. Horizon Databook has segmented the Canada data labeling market based on text, image/video, audio covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Data Labeling Data Type Outlook (Revenue, USD Million, 2018-2030)
- Text
- Image/Video
- Audio
- Canada Data Labeling Vertical Outlook (Revenue, USD Million, 2018-2030)
- IT
- Automotive
- Government
- Healthcare
- BFSI
- Retail & E-commerce
- Others
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Our clientele includes a mix of data labeling market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada data labeling market , including forecasts for subscribers. This country databook contains high-level insights into Canada data labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada data labeling market size, by data type, 2018-2030 (US$M)
Canada Data Labeling Market Outlook Share, 2023 & 2030 (US$M)
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