Global Data Labeling Solution And Services Market Size & Outlook
Global data labeling solution and services market, 2018-2030 (US$M)
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Global data labeling solution and services market highlights
- The global data labeling solution and services market generated a revenue of USD 14,074.5 million in 2023 and is expected to reach USD 52,570.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 20.7% by 2030.
- In terms of segment, it & telecom accounted for a revenue of USD 4,554.1 million in 2023.
- Healthcare is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 14,074.5 million |
| Market revenue in 2030 | USD 52,570.4 million |
| Growth rate | 20.7% (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 |
Other key industry trends
- In terms of revenue, the North America accounted for 29.9% of the global data labeling solution and services market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 44.7 million by 2030.
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Data Labeling Solution And Services Market Scope
Data Labeling Solution And Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global data labeling solution and services 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 solution and services market will help companies and investors design strategic landscapes.
It & telecom was the largest segment with a revenue share of 32.36% in 2023. Horizon Databook has segmented the Global data labeling solution and services market based on it & telecom, government, healthcare, bfsi, retail & e-commerce covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Data Labeling Solution And Services End Use Outlook (Revenue, USD Million, 2018-2030)
- IT & Telecom
- Government
- Healthcare
- BFSI
- Retail & E-commerce
- Others
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Our clientele includes a mix of data labeling solution and services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global data labeling solution and services market , including forecasts for subscribers. This global databook contains high-level insights into Global data labeling solution and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global data labeling solution and services market size, by region, 2018-2030 (US$M)
Top 10 countries: Data labeling solution and services market size, 2023 (US$M)
Global data labeling solution and services market share, by end use, 2023 & 2030 (%, US$M)
Data labeling solution and services market: Opportunity assessment by country
Global data labeling solution and services market, by region, 2023 (US$M)
| End Use | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 146.8 | 296.5 | 501.0 | 653.2 | 835.0 | 1,052.8 | 1,307.9 | 1,597.2 | 1,903.8 | 2,312.2 | 2,759.4 | 3,237.8 | 3,734.2 | 20.1% |
| Europe | 499.1 | 1,013.3 | 1,723.7 | 2,265.4 | 2,922.4 | 3,723.0 | 4,679.1 | 5,786.6 | 6,993.0 | 8,619.9 | 10,451.7 | 12,461.7 | 14,606.5 | 21.6% |
| North America | 648.6 | 1,279.8 | 2,116.3 | 2,704.3 | 3,392.9 | 4,204.8 | 5,142.2 | 6,189.5 | 7,282.1 | 8,741.3 | 10,324.3 | 11,987.3 | 13,678.1 | 18.2% |
| MEA | 26.7 | 56.5 | 98.9 | 131.8 | 170.2 | 214.3 | 262.8 | 312.9 | 358.8 | 412.6 | 457.7 | 495.7 | 523.1 | 13.7% |
| Asia Pacific | 633.2 | 1,294.0 | 2,215.6 | 2,930.8 | 3,805.6 | 4,879.7 | 6,172.9 | 7,683.7 | 9,346.2 | 11,595.8 | 14,151.8 | 16,981.1 | 20,028.4 | 22.5% |
| Overall | 1,954.3 | 3,940.1 | 6,655.6 | 8,685.5 | 11,126.1 | 14,074.6 | 17,565.0 | 21,569.9 | 25,883.8 | 31,681.8 | 38,144.9 | 45,163.6 | 52,570.4 | 20.7% |
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