Mexico Data Labeling Solution And Services Market Size & Outlook
Mexico data labeling solution and services market, 2018-2030 (US$M)
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Mexico data labeling solution and services market highlights
- The Mexico data labeling solution and services market generated a revenue of USD 609.4 million in 2023 and is expected to reach USD 2,114.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 19.5% 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.
Data labeling solution and services market data book summary
| Market revenue in 2023 | USD 609.4 million |
| Market revenue in 2030 | USD 2,114.9 million |
| Growth rate | 19.5% (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 |
Other key industry trends
- In terms of revenue, Mexico accounted for 4.3% of the global data labeling solution and services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico data labeling solution and services market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 634.2 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 |
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Mexico 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 41.8% in 2023. Horizon Databook has segmented the Mexico 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.
Latin American countries such as Mexico, Brazil and many more have regulations governing data privacy that are comparable to the General Data Protection Regulation (GDPR) in Europe. Those are fueling the market growth of the region. Services for data labeling can assist in guaranteeing that businesses are gathering and utilizing data lawfully.
Leading global companies are looking to gain a competitive edge in the untapped markets from Mexico and are focusing on significant investments in the region strategic initiatives such as expansion, collaborations, mergers and acquisitions.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the Mexico data labeling solution and services market , including forecasts for subscribers. This country databook contains high-level insights into Mexico data labeling solution and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico data labeling solution and services market size, by end use, 2018-2030 (US$M)
Mexico Data Labeling Solution And Services Market Outlook Share, 2023 & 2030 (US$M)
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