Market revenue in 2023 | USD 583.6 million |
Market revenue in 2030 | USD 2,364.4 million |
Growth rate | 22.1% (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, Amazon.com Inc, Appen Ltd, Cogito Tech, Uber Technologies Inc, TELUS International (Cda) Inc Ordinary Shares (Sub Voting), Yandex NV Shs Class-A-, clickworker, Zight (formerly CloudApp), CloudFactory, Deep Systems, Edgecase.ai, Explosion AI, Heex Technologies, Labelbox, Scale AI, Shaip, Tagtog |
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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 41.79% in 2023. Horizon Databook has segmented the France 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.
In the region, several industries, including healthcare, automotive, retail, and finance, are observing an increase in the demand for data labeling services. For instance, businesses in the healthcare industry are training machine learning algorithms to identify illnesses from medical photos by leveraging data labeling services.
Similarly, businesses in the automotive industry are training self-driving automobiles via data labeling services. The region's one of the key factors boosting the need for data labeling services is the growing demand for artificial intelligence (AI) and machine learning (ML) in France.
Machine learning algorithms are being used by businesses to analyze vast amounts of data and generate predictions based on trends. Data labeling services are necessary to train these algorithms and assure their accuracy.
Horizon Databook provides a detailed overview of country-level data and insights on the France data labeling solution and services market , including forecasts for subscribers. This country databook contains high-level insights into France data labeling solution and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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