UK Data Labeling Solution And Services Market Size & Outlook
UK data labeling solution and services market, 2018-2030 (US$M)
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UK data labeling solution and services market highlights
- The UK data labeling solution and services market generated a revenue of USD 1,213.0 million in 2023 and is expected to reach USD 4,264.2 million by 2030.
- The UK market is expected to grow at a CAGR of 19.7% 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 1,213.0 million |
| Market revenue in 2030 | USD 4,264.2 million |
| Growth rate | 19.7% (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, UK accounted for 8.6% 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 Europe, UK data labeling solution and services market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,775.3 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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UK 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 21.71% in 2023. Horizon Databook has segmented the UK 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.
The U.K. healthcare sector has been a big user of data labeling services. The requirement for efficient and precise data labeling for different medical imaging, such as X-rays, ultrasounds, and MRIs, may be ascribed to the growing acceptance of data labeling services in the healthcare sector.
With features like automatically organizing untagged picture collections and gaining business insights from socially shared photos, the worldwide data labeling market is anticipated to experience a boom in technology usage.
Additionally, data labeling technology is increasingly employed in autonomous cars, which is anticipated to help fuel the industry's rapid expansion. Self-driving cars may identify impediments with the aid of this technology and can alert the driver to the presence of guardrails and sidewalks nearby.
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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 country-level data and insights on the UK data labeling solution and services market , including forecasts for subscribers. This country databook contains high-level insights into UK data labeling solution and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK data labeling solution and services market size, by end use, 2018-2030 (US$M)
UK Data Labeling Solution And Services Market Outlook Share, 2023 & 2030 (US$M)
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