Middle East & Africa Data Labeling Solution And Services Market Size & Outlook
Middle East & Africa data labeling solution and services market, 2018-2030 (US$M)
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MEA data labeling solution and services market highlights
- The MEA data labeling solution and services market generated a revenue of USD 214.3 million in 2023.
- The market is expected to grow at a CAGR of 13.6% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 214.3 million |
| Market revenue in 2030 | USD 523.1 million |
| Growth rate | 13.6% (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 |
| 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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.5% of the global data labeling solution and services 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 20,028.4 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 |
|---|
Middle East & Africa 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 40.6% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
Data labeling services and solutions have emerged due to rising investments in the surveillance and telecommunications sectors. They are developing high-growth qualities for the market's expansion during the following years.
The companies are also focusing on foreign investments to comply with the increased demand for advanced technologies in the region. For instance, several African countries, such as Kenya and Uganda, have received infrastructure and financing from Chinese companies, including Huawei Technologies Co., Ltd., to develop surveillance and telecommunications.
In Turkey, approximately 30 domestically developed drones equipped with image/video-based facial recognition are used for border security.
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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 continent-level data and insights on the Middle East & Africa data labeling solution and services market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa data labeling solution and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA data labeling solution and services market size, by country, 2018-2030 (US$M)
Middle East & Africa Data Labeling Solution And Services Market Outlook Share, 2023 & 2030 (US$M)
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