U.S. Data Labeling Solution And Services Market Size & Outlook
U.S. data labeling solution and services market, 2018-2030 (US$M)
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U.S. data labeling solution and services market highlights
- The U.S. data labeling solution and services market generated a revenue of USD 4,204.8 million in 2023 and is expected to reach USD 13,678.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 18.4% 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 4,204.8 million |
| Market revenue in 2030 | USD 13,678.1 million |
| Growth rate | 18.4% (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, U.S. accounted for 29.9% 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 North America, U.S. data labeling solution and services market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,068.1 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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U.S. 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 24.62% in 2023. Horizon Databook has segmented the U.S. 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 January 2020, Apple Inc. (U.S.) acquired the U.S. firm Xnor.ai, which develops innovative AI capabilities. With this acquisition, Xnor.ai's AI-powered image identification features will likely to be included in the next iPhones and cameras.
The rising trend in the data labeling solutions and services market is the increasing use of crowdsourcing to generate labeled data. Crowdsourcing involves outsourcing tasks to a large group of people over the Internet, which can be a cost-effective and efficient way of generating high-quality labeled data.
Several companies in the U.S. offer crowdsourced data labeling solutions and services, such as Appen, Lionbridge, and Crowd Flower. One significant trend in the data labeling solutions and services market is using artificial intelligence (AI) and machine learning (ML) techniques to increase the accuracy and speed of data labeling.
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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 U.S. data labeling solution and services market , including forecasts for subscribers. This country databook contains high-level insights into U.S. data labeling solution and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. data labeling solution and services market size, by end use, 2018-2030 (US$M)
U.S. Data Labeling Solution And Services Market Outlook Share, 2023 & 2030 (US$M)
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