Data Collection and Labelling Market to Witness Huge Growth by 2026: Key Players – Alegion, Dobility, Appen

AMA Research recently released research coverage on Global Data Collection and Labelling Market that evaluates and provides market size, trend, and estimation to 2026. The Data Collection and Labelling market study provides ready-to-access and self-analyzed study with significant research data proves to be a useful document for managers, industry consultants and key executives to better understand market trends, growth drivers, opportunities and upcoming challenges and competitors development activities.

Key Players in This Report Include:

Reality AI (United States), Globalme Localization Inc. (Canada), Alegion (Austria), Labelbox, Inc. (United States), Dobility, Inc. (United States), Scale AI, Inc. (United States), Trilldata Technologies Pvt Ltd (India), Appen Limited (Australia) and Playment Inc. (United States)

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What is Data Collection and Labelling Market:

Data collection and Labelling is the process of identifying raw data and adding one or more meaningful and informative labels to provide context so that a machine learning model can learn from it. This labels are used to indicate whether a photo contains a bird or car, which words were uttered in an audio recording. Data Labelling is essential for a variety of use cases including computer vision, natural language processing, and speech recognition.

In February 2020, Labelbox, a data annotation tool provider, received USD 25 million venture capital funding from a prominent United States based Andreessen Horowitz, Kleiner Perkins, and Google LLC’s AI-focused venture capital fund, Gradient Ventures. With this investment, company is enable to expand its business.

Market Trend

• Growing R&D spending on the development of self-driving vehicles

Market Drivers

• Growing End Use Expenditure Has Created Demand
• Increasing Adoptions for Cloud Based Service

Opportunities

• Growing technological Advancement with Huge Investment

Restraints

• High Cost related with Complex Imaging

Challenges

• Inaccuracy in Data Labelling

The Global Data Collection and Labelling Market Scope and Break Down are illuminated below:

by Type (Computer Vision, Natural Language Processing, Audio Processing), Data Type (Audio, Image/Video, Text), End Use (Automotive, Healthcare, IT & Telecommunication, BFSI, Others)

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and Rest of MEA.)
• North America (United States, Canada & Mexico)
• Latin America (Brazil, Argentina, Chile, Colombia, Rest of LATAM.)
• Europe (the UK, Germany, France, Spain, Netherlands Nordic nations, Belgium, Switzerland, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, Singapore, Vietnam, Malaysia, Philippines, South Korea, Thailand, India, Indonesia, Australia and Rest of APAC Countries).

Major highlights from Table of Contents:

Data Collection and Labelling Market Study Coverage:

• Evaluate Market Competitiveness; Analysing Major manufacturers, emerging player’s growth story, and key business segments analysis of Data Collection and Labelling market.
• Data Collection and Labelling Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Data Collection and Labelling Market Size by Region Data Collection and Labelling Market, Profiles of players are studied on the basis of SWOT, their products, value chain, financials, and other development factors.

Important Sections Covered in Data Collection and Labelling Market Report:

• Data Collection and Labelling Overview, Definition and Classification Market drivers and barriers
• Data Collection and Labelling Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Data Collection and Labelling Market
• Data Collection and Labelling Capacity and Production*, Revenue (Value) by Region (2021-2026)
• Data Collection and Labelling Supply (Production), Consumption, Export-Import* by Region (2021-2026)
• Data Collection and Labelling Manufacturers Profiles/Analysis Data Collection and Labelling  Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry Road map and value chain Market Factors Analysis.

** wherever applicable

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Contact US:

Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
[email protected]

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Contact Information:
Contact US: Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 (206) 317 1218 [email protected]

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