Europe Data Labeling Market Size & Outlook, 2023-2030
Europe data labeling market, 2018-2030 (US$M)
Related Markets
Europe data labeling market highlights
- The Europe data labeling market generated a revenue of USD 280.8 million in 2023.
- The market is expected to grow at a CAGR of 27.8% from 2024 to 2030.
- In terms of segment, image/video 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 280.8 million |
| Market revenue in 2030 | USD 1,565.7 million |
| Growth rate | 27.8% (CAGR from 2023 to 2030) |
| Largest segment | Image/video |
| Fastest growing segment | Audio |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 27.3% of the global data 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 1,738.3 million by 2030.
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Data Labeling Market Scope
Data Labeling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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.
Image/video was the largest segment with a revenue share of 37.43% in 2023. Horizon Databook has segmented the Europe data labeling market based on text, image/video, audio covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Data Labeling Data Type Outlook (Revenue, USD Million, 2018-2030)
- Text
- Image/Video
- Audio
- Europe 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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe data labeling market , including forecasts for subscribers. This continent databook contains high-level insights into Europe data labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe data labeling market size, by country, 2018-2030 (US$M)
Europe Data Labeling Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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