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Europe Data Annotation Tools Market By Type, By Annotation Type, By Industry, By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027

  • ID: 5354440
  • Report
  • June 2021
  • Region: Europe
  • 88 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • Amazon.com, Inc.
  • Annotate Software
  • Appen Limited
  • Cogito Tech LLC
  • Deep Systems
  • Google, Inc.
The Europe Data Annotation Tools Market is expected to witness market growth of 23.9% CAGR during the forecast period (2021-2027).

The emergence of big data is estimated to bolster the growth of the AI market as a huge amount of data is needed to be recorded, stored, and evaluated. The increasing adoption of AI will further boost the growth of the data annotation tools market because the annotated data helps in training AI models & machine learning systems in some crucial areas like speech recognition & image recognition. The data annotation tools provide AI its strength by directly delivering data, which is relevant in shaping future outcomes & decision-making.

At present, the rising trend of manufacturing autonomous vehicles in the automotive sector is appealing to big investors to put heavy investment in the manufacturing of such vehicles. An autonomous vehicle is an amalgamation of several sensors & networking systems, which help the computer in driving the vehicle. The annotated data-enabled autonomous vehicle computer models to identify and learn from it. Many technology giants like Google, Apple, Tesla Motors, and Huawei Technologies, have marked their presence in the autonomous vehicle market. The increasing investments in the self-driving market are anticipated to propel the growth of the data annotation tools market during the forecast period.

Europe is estimated to register a stagnant growth pattern during the forecast period. In addition, the increasing focus on image annotation is projected to improve the operations of the retail & automotive segment in this region. The growing traction of AI technologies and their wide adoption is expected to contribute to the rising demand for data annotation tools in the regional market. The European region contains a mature AI market, which directly boosts the demand for data annotation tools in this regional market. Several nations like Germany and Netherlands are witnessing a rising demand for the various machine learning technologies.

This growing demand will further boost the demand for data annotation tools in the European region. The European Commission has also highlighted the significance of using machine learning to improve the digital economy of this region with the increasing investments by the government for AI-based projects in the Horizon 2020 digital strategy.

The Germany market dominated the Europe Data Annotation Tools Image/Video Market by Country 2020, thereby, achieving a market value of $59.2 million by 2027. The UK market is exhibiting a CAGR of 23.5% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 25.3% during (2021 - 2027).

Based on Type, the market is segmented into Text, Image/Video and Audio. Based on Annotation Type, the market is segmented into Manual, Semi-supervised and Automatic. Based on Industry, the market is segmented into IT, Automotive, Retail, Healthcare, Financial Services, Government and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google, Inc., Amazon.com, Inc., Uber Technologies, Inc. (Mighty AI, Inc.), Appen Limited, Scale AI, Inc., Labelbox, Inc., Annotate Software, Cogito Tech LLC, Deep Systems, and Playment, Inc.

Scope of the Study

Market Segments covered in the Report:

By Type
  • Text
  • Image/Video
  • Audio
By Annotation Type
  • Manual
  • Semi-supervised
  • Automatic
By Industry
  • IT
  • Automotive
  • Retail
  • Healthcare
  • Financial Services
  • Government
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • Google, Inc.
  • Amazon.com, Inc.
  • Uber Technologies, Inc. (Mighty AI, Inc.)
  • Appen Limited
  • Scale AI, Inc.
  • Labelbox, Inc.
  • Annotate Software
  • Cogito Tech LLC
  • Deep Systems
  • Playment, Inc.
Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amazon.com, Inc.
  • Annotate Software
  • Appen Limited
  • Cogito Tech LLC
  • Deep Systems
  • Google, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Data Annotation Tools Market, by Type
1.4.2 Europe Data Annotation Tools Market, by Annotation Type
1.4.3 Europe Data Annotation Tools Market, by Industry
1.4.4 Europe Data Annotation Tools Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Opportunities
2.2.3 Market Restraints

Chapter 3. Europe Data Annotation Tools Market by Industry
3.1 Europe IT Data Annotation Tools Market by Country
3.2 Europe Automotive Data Annotation Tools Market by Country
3.3 Europe Retail Data Annotation Tools Market by Country
3.4 Europe Healthcare Data Annotation Tools Market by Country
3.5 Europe Financial Services Data Annotation Tools Market by Country
3.6 Europe Government Data Annotation Tools Market by Country
3.7 Europe Other Industry Data Annotation Tools Market by Country

Chapter 4. Europe Data Annotation Tools Market by Type
4.1 Europe Data Annotation Tools Text Market by Country
4.2 Europe Data Annotation Tools Image/Video Market by Country
4.3 Europe Data Annotation Tools Audio Market by Country

Chapter 5. Europe Data Annotation Tools Market by Annotation Type
5.1 Europe Manual Data Annotation Tools Market by Country
5.2 Europe Semi-supervised Data Annotation Tools Market by Country
5.3 Europe Automatic Data Annotation Tools Market by Country

Chapter 6. Europe Data Annotation Tools Market by Country
6.1 Germany Data Annotation Tools Market
6.1.1 Germany Data Annotation Tools Market by Industry
6.1.2 Germany Data Annotation Tools Market by Type
6.1.3 Germany Data Annotation Tools Market by Annotation Type
6.2 UK Data Annotation Tools Market
6.2.1 UK Data Annotation Tools Market by Industry
6.2.2 UK Data Annotation Tools Market by Type
6.2.3 UK Data Annotation Tools Market by Annotation Type
6.3 France Data Annotation Tools Market
6.3.1 France Data Annotation Tools Market by Industry
6.3.2 France Data Annotation Tools Market by Type
6.3.3 France Data Annotation Tools Market by Annotation Type
6.4 Russia Data Annotation Tools Market
6.4.1 Russia Data Annotation Tools Market by Industry
6.4.2 Russia Data Annotation Tools Market by Type
6.4.3 Russia Data Annotation Tools Market by Annotation Type
6.5 Spain Data Annotation Tools Market
6.5.1 Spain Data Annotation Tools Market by Industry
6.5.2 Spain Data Annotation Tools Market by Type
6.5.3 Spain Data Annotation Tools Market by Annotation Type
6.6 Italy Data Annotation Tools Market
6.6.1 Italy Data Annotation Tools Market by Industry
6.6.2 Italy Data Annotation Tools Market by Type
6.6.3 Italy Data Annotation Tools Market by Annotation Type
6.7 Rest of Europe Data Annotation Tools Market
6.7.1 Rest of Europe Data Annotation Tools Market by Industry
6.7.2 Rest of Europe Data Annotation Tools Market by Type
6.7.3 Rest of Europe Data Annotation Tools Market by Annotation Type

Chapter 7. Company Profiles
7.1 Google, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.6 SWOT Analysis
7.2 Amazon.com, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Product Launches and Product Expansions:
7.2.5 SWOT Analysis
7.3 Uber Technologies, Inc. (Mighty AI, Inc.)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Appen Limited
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Recent strategies and developments:
7.4.4.1 Partnerships, Collaborations, and Agreements:
7.4.4.2 Product Launches and Product Expansions:
7.4.4.3 Acquisition and Mergers:
7.5 Scale AI, Inc.
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.6 Labelbox, Inc.
7.6.1 Company overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.7 Annotate Software
7.7.1 Company Overview
7.8 Cogito Tech LLC
7.8.1 Company Overview
7.9 Deep Systems
7.9.1 Company Overview
7.10. Playment, Inc.
7.10.1 Company Overview
Note: Product cover images may vary from those shown
  • Google, Inc.
  • Amazon.com, Inc.
  • Uber Technologies, Inc. (Mighty AI, Inc.)
  • Appen Limited
  • Scale AI, Inc.
  • Labelbox, Inc.
  • Annotate Software
  • Cogito Tech LLC
  • Deep Systems
  • Playment, Inc.
Note: Product cover images may vary from those shown

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