Data Preparation Industry Data Book - Data Collection and Labelling, Data Labelling Solutions and Services & Data Integration Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030
Grand View Research’s data preparation industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Access the Global Data Preparation Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.
Data Collection and Labelling Market Report Highlights
The global data collection and the labelling market size was valued at USD 1.67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 25.1% from 2022 to 2030.
- Automated image organization offered by cloud-based applications and telecom companies is one of the most popular uses of data gathering that has improved the user experience and draws the attention of customers toward this technology
- Several benefits, such as better security and automation of identification, encourage the implementation of facial recognition at significant public spaces or events
- The advent of large-scale cloud-hosted AI and machine learning platforms offered by tech giants has led to the implementation of data annotation with multiple functions, such as facial recognition, object recognition, and landmark detection
- The growing integration of digital image processing and mobile computing platforms in various digital shopping and document verification applications is propelling the market growth
Data Labelling Solutions and Services Market Report Highlights
The global data labelling solution and services market size was valued at USD 8.69 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 21.0% from 2022 to 2030.
- In terms of type, the image & video annotation segment is expected to contribute significant revenue to the market over the forecast period. This growth is attributed to the increasing implementation of computer vision in several industries, including healthcare, automotive, and media & entertainment
- In terms of vertical, the automotive segment is expected to grow at the prominent CAGR over the forecast period owing to rising development of self-driving cars and trucks
- Data Labelling Solutions and Services are widely accepted in the automotive industry, mainly for self-driving vehicles. An autonomous vehicle is equipped with various sensors and networking devices to help the computer operate the vehicle.
Order your copy of Free Sample of “Data Preparation Industry Data Book - Data Collection and Labelling, Data Labelling Solutions and Services & Data Integration Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Data Integration Market Report Highlights
The global data integration market size was valued at USD 10,534.0 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11.9% from 2022 to 2030.
- Some regions in North America have the most competitive and constantly changing and rising technological advancements in the data integration industry. The expanding number of data integration businesses globally is projected to support market expansion
- Large enterprises are scaling their infrastructure to meet remote worker needs and unique demands. Enterprises also maintain infrastructural support for their services and goods
- The cloud segment is anticipated to portray the highest growth rate in the forecast period. Organizations can store essential resources in the cloud and access various customizable data integration options
- North America dominated the global market in 2021. However, Asia Pacific is projected to grow at the highest CAGR from 2022 to 2030
Go through the table of content of Data Preparation Industry Data Book to get a better understanding of the Coverage & Scope of the study
Competitive Landscape
The market participants are implementing several organic and inorganic growth strategies, including new product launches, product modernizations, collaborations, corporate expansions, and acquisitions and mergers. For instance, in May 2022, Informatica Inc. announced a partnership with the Oracle enterprise connectivity and automation platform which offers modernized data, applications, APIs, and business processes. The collaboration aims to provide cloud data governance and integration solutions for data warehouses, enterprise analytics, and data science.
Key players operating in the Data Preparation industry are:
- Alegion
- Amazon Mechanical Turk, Inc.
- Appen Limited
- Clickworker GmbH
- CloudFactory Limited
- Cogito Tech LLC
- Crowdworks, Inc.
- Deep Systems, LLC
- Denodo Technologies
- Dobility, Inc.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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