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Global AI Training Dataset Market by Type (Audio, Image/Video, Text), End-User (Automotive, Banking, Financial Services & Insurance (BFSI), Government) - Forecast 2023-2030

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    Report

  • 194 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5716499
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The AI Training Dataset Market size was estimated at USD 1.38 billion in 2022, USD 1.71 billion in 2023, and is expected to grow at a CAGR of 26.09% to reach USD 8.83 billion by 2030.

An artificial intelligence (AI) training dataset is a comprehensive set of data used to train AI models to process information, make predictions, and learn to perform specific tasks without explicit programming. AI training datasets are used for the development of AI models utilized in predictive analytics, medical image recognition, voice and speech recognition systems, and machine learning (ML) and artificial intelligence (AI) enabled solutions. Consequently, the end users of these datasets are diverse, consisting of technology firms developing AI algorithms, startups working on smart devices and solutions, and research institutions involved in cutting-edge AI technologies. The proliferation of AI technologies in various industries, such as manufacturing and healthcare, and significant investment in AI technology has created the need for AI training datasets. Furthermore, government initiatives for Industry 4.0, smart factories, and smart buildings provide new avenues for the growth of AI training datasets. However, lacking quality and diversity in the training data can lead to inefficient AI and biased models. Furthermore, privacy issues and technical complexities involved in creating, managing, and updating AI training datasets pose significant limitations. However, major players focus on improving the aggregation of datasets from diverse sources to represent different demographics, which can help eliminate bias, and efforts could be invested in developing techniques for efficient data labeling and anonymization. Innovation and research in AI training datasets can be redirected toward improving data quality, representation, and usability.

Regional Insights

The Americas region, particularly the U.S. and Canada, is characterized by the presence of established technological firms deploying advanced AI training datasets. In several sectors, including healthcare, finance, cybersecurity, and eCommerce, AI training datasets facilitate sophisticated algorithm training, propelling tasks such as predictive analytics, customer behavior analysis, and fraud detection. In EU nations, there is a heightened focus on user's online privacy and data protection, leading to innovative solutions and AI training datasets centered on consumer data rights. Additionally, AI research and development initiatives have observed substantial governmental and private sector investment. The growing number of technology startups and businesses focussed on providing AI-based digital services has created demand for AI training datasets. Many countries, such as China and India, offer a vast consumer base with increasing internet penetration, driving a burgeoning demand for digital services. Government initiatives aimed toward advancing Industry 4.0 initiatives and automation efforts have further fuelled the deployment of AI training datasets.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the AI Training Dataset Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the AI Training Dataset Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the AI Training Dataset Market, highlighting leading vendors and their innovative profiles. These include ADLINK Technology Inc., Alegion Inc., Amazon Web Services, Inc., Anolytics, Appen Limited, Atos SE, Automaton AI Infosystem Pvt. Ltd., Clarifai, Inc., Clickworker GmbH, Cogito Tech LLC, DataClap, DataRobot, Inc., Deep Vision Data by Kinetic Vision, Deeply, Inc., Google LLC by Alphabet, Inc., Gretel Labs, Inc., Huawei Technologies Co., Ltd., International Business Machines Corporation, Lionbridge Technologies, LLC, Meta Platforms, Inc., Microsoft Corporation, Mindtech Global Limited, Mostly AI Solutions MP GmbH, NVIDIA Corporation, Oracle Corporation, PIXTA Inc., Samasource Impact Sourcing, Inc., SAP SE, Scale AI, Inc., Siemens AG, Snorkel AI, Inc., Sony Group Corporation, SuperAnnotate AI, Inc., TagX, UniCourt Inc., and Wisepl Private Limited.

Market Segmentation & Coverage

This research report categorizes the AI Training Dataset Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Audio
    • Image/Video
    • Text
  • End-User
    • Automotive
    • Banking, Financial Services & Insurance (BFSI)
    • Government
    • Healthcare
    • Information Technology
    • Retail & e-Commerce
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • Arizona
        • California
        • Florida
        • Illinois
        • Indiana
        • Massachusetts
        • Nevada
        • New Jersey
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the AI Training Dataset Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the AI Training Dataset Market?
  3. What are the technology trends and regulatory frameworks in the AI Training Dataset Market?
  4. What is the market share of the leading vendors in the AI Training Dataset Market?
  5. Which modes and strategic moves are suitable for entering the AI Training Dataset Market?

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This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. AI Training Dataset Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Integration of AI in industrial sectors to automate industrial operations
5.1.1.2. Supportive government initiatives for AI-integration across various end-user industries
5.1.2. Restraints
5.1.2.1. Limitations of AI training datasets
5.1.3. Opportunities
5.1.3.1. Technological advancements in AI training data models
5.1.3.2. Favorable investment landscape to enhance AI training data platforms
5.1.4. Challenges
5.1.4.1. Issues with the data labeling and benchmarking
5.2. Market Segmentation Analysis
5.2.1. Type: Adoption of text-based AI training datasets for text classification and sentiment analysis in various industries
5.2.2. End-user: Expansion of information technology hubs across the world necessitating deployment of advanced AI training dataset
5.3. Market Trend Analysis
5.3.1. Continuous innovation and upgradation of AI solutions in the Americas backed by the presence of established tech companies and new-age startups
5.3.2. Collaborative environment for AI training dataset development in the APAC with market players focusing on regional specificity catering to linguistic, cultural, and market-specific needs
5.3.3. Supportive regional government initiatives and cross-border private-public partnerships for AI deployment supported by established companies offering distinct training datasets
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
6. AI Training Dataset Market, by Type
6.1. Introduction
6.2. Audio
6.3. Image/Video
6.4. Text
7. AI Training Dataset Market, by End-User
7.1. Introduction
7.2. Automotive
7.3. Banking, Financial Services & Insurance (BFSI)
7.4. Government
7.5. Healthcare
7.6. Information Technology
7.7. Retail & e-Commerce
8. Americas AI Training Dataset Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific AI Training Dataset Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa AI Training Dataset Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
11.3.1. Merger & Acquisition
11.3.1.1. Databricks Completes Acquisition of MosaicML
11.3.1.2. BioNTech to Acquire InstaDeep to Strengthen the Position in the Field of AI-powered Drug Discovery, Design and Development
11.3.2. Agreement, Collaboration, & Partnership
11.3.2.1. IBM Commits to Train 2 Million in Artificial Intelligence in Three Years, with a Focus on Underrepresented Communities
11.3.2.2. Accenture and Google Cloud Expand Partnership to Accelerate Value from Technology, Data and AI
11.3.3. New Product Launch & Enhancement
11.3.3.1. Huawei Launches New AI Storage Product for the Era of Large Model at GITEX GLOBAL 2023
11.3.3.2. Meta's new AI chatbot trained on public Facebook and Instagram posts
11.3.3.3. Railtown AI Launches Knowledge-based AI Assistant and Files Provisional Patent Application Relating to AI
11.3.3.4. Nokia launches AVA Data Suite to run on Google Cloud to facilitate AI/ML development
11.3.3.5. RWS Launches AI Training Dataset for Natural Language Processing
11.3.3.6. Appen Launches Three New Products to Build Trustworthy Generative AI Applications
11.3.4. Investment & Funding
11.3.4.1. CGI to Invest USD 1 Billion On Expansion Of Ai Capabilities To Help Clients Design And Deliver Responsible, Roi-Led Strategies
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. ADLINK Technology Inc.
12.1.2. Alegion Inc.
12.1.3. Amazon Web Services, Inc.
12.1.4. Anolytics
12.1.5. Appen Limited
12.1.6. Atos SE
12.1.7. Automaton AI Infosystem Pvt. Ltd.
12.1.8. Clarifai, Inc.
12.1.9. Clickworker GmbH
12.1.10. Cogito Tech LLC
12.1.11. DataClap
12.1.12. DataRobot, Inc.
12.1.13. Deep Vision Data by Kinetic Vision
12.1.14. Deeply, Inc.
12.1.15. Google LLC by Alphabet, Inc.
12.1.16. Gretel Labs, Inc.
12.1.17. Huawei Technologies Co., Ltd.
12.1.18. International Business Machines Corporation
12.1.19. Lionbridge Technologies, LLC
12.1.20. Meta Platforms, Inc.
12.1.21. Microsoft Corporation
12.1.22. Mindtech Global Limited
12.1.23. Mostly AI Solutions MP GmbH
12.1.24. NVIDIA Corporation
12.1.25. Oracle Corporation
12.1.26. PIXTA Inc.
12.1.27. Samasource Impact Sourcing, Inc.
12.1.28. SAP SE
12.1.29. Scale AI, Inc.
12.1.30. Siemens AG
12.1.31. Snorkel AI, Inc.
12.1.32. Sony Group Corporation
12.1.33. SuperAnnotate AI, Inc.
12.1.34. TagX
12.1.35. UniCourt Inc.
12.1.36. Wisepl Private Limited
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
List of Figures
FIGURE 1. AI TRAINING DATASET MARKET RESEARCH PROCESS
FIGURE 2. AI TRAINING DATASET MARKET SIZE, 2022 VS 2030
FIGURE 3. AI TRAINING DATASET MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. AI TRAINING DATASET MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. AI TRAINING DATASET MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. AI TRAINING DATASET MARKET DYNAMICS
FIGURE 7. AI TRAINING DATASET MARKET SIZE, BY TYPE, 2022 VS 2030 (%)
FIGURE 8. AI TRAINING DATASET MARKET SIZE, BY TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. AI TRAINING DATASET MARKET SIZE, BY END-USER, 2022 VS 2030 (%)
FIGURE 10. AI TRAINING DATASET MARKET SIZE, BY END-USER, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS AI TRAINING DATASET MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 12. AMERICAS AI TRAINING DATASET MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES AI TRAINING DATASET MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 14. UNITED STATES AI TRAINING DATASET MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC AI TRAINING DATASET MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC AI TRAINING DATASET MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA AI TRAINING DATASET MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA AI TRAINING DATASET MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. AI TRAINING DATASET MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 20. AI TRAINING DATASET MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • ADLINK Technology Inc.
  • Alegion Inc.
  • Amazon Web Services, Inc.
  • Anolytics
  • Appen Limited
  • Atos SE
  • Automaton AI Infosystem Pvt. Ltd.
  • Clarifai, Inc.
  • Clickworker GmbH
  • Cogito Tech LLC
  • DataClap
  • DataRobot, Inc.
  • Deep Vision Data by Kinetic Vision
  • Deeply, Inc.
  • Google LLC by Alphabet, Inc.
  • Gretel Labs, Inc.
  • Huawei Technologies Co., Ltd.
  • International Business Machines Corporation
  • Lionbridge Technologies, LLC
  • Meta Platforms, Inc.
  • Microsoft Corporation
  • Mindtech Global Limited
  • Mostly AI Solutions MP GmbH
  • NVIDIA Corporation
  • Oracle Corporation
  • PIXTA Inc.
  • Samasource Impact Sourcing, Inc.
  • SAP SE
  • Scale AI, Inc.
  • Siemens AG
  • Snorkel AI, Inc.
  • Sony Group Corporation
  • SuperAnnotate AI, Inc.
  • TagX
  • UniCourt Inc.
  • Wisepl Private Limited

Methodology

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Table Information