What Is The Current and Historic Market Size Analysis Of The Data Labeling Solution And Services Market?
The data labeling solution and services market has seen considerable growth due to a variety of factors.
• The data labeling solution and services market has experienced explosive growth. It will increase from $16.4 billion in 2024 to $20.45 billion in 2025 at a CAGR of 24.7%.
This is fueled by the growth of machine learning and AI, the rising need for labeled data, the expansion of computer vision applications, the growth of natural language processing (NLP), and the development of autonomous vehicles and robotics.
What Are The Predictions for The Data Labeling Solution And Services Market in the Coming Years?
The data labeling solution and services market is expected to maintain its strong growth trajectory in upcoming years.
• The data labeling solution and services market is expected to grow to $48.93 billion by 2029, at a CAGR of 24.4%.
This rapid growth is driven by the proliferation of IoT devices, edge computing, autonomous systems, and rising data privacy concerns. Trends include AI-driven automation, hybrid human-machine labeling, data labeling-as-a-service (DLaaS), and ethical, bias-aware labeling.
Which Drivers Are Accelerating Growth In The Data Labeling Solution And Services Market?
The increasing volume of data is expected to propel the growth of the data labeling solution and services market. The volume of data is growing rapidly due to increased digitalization and the rise of connected devices, making it necessary for businesses to use data labeling solutions to organize and prepare data for analysis. The Linux Foundation reported that organizations with up to 25 petabytes of storage saw annual data growth of 2,208 terabytes in 2022. As the volume of data continues to grow, so does the demand for data labeling solutions and services.
What Are The Core Segments Of The Global Data Labeling Solution And Services Market?
The data labeling solution and services market covered in this report is segmented –
1) By Type: Text, Image Or Video, Audio
2) By Labeling Type: Manual, Semi-Supervised, Automatic
3) By Sourcing Type: In-House, Outsourced
4) By Vertical: Information Technology, Automotive, Government, Healthcare, Financial Services, Retails, Other Verticals
Subsegments:
1) By Text: Sentiment Analysis, Named Entity Recognition (Ner), Text Classification, Text Translation And Transcription, Document Labeling, Part-Of-Speech Tagging, Text Entity Linking
2) By Image Or Video: Object Detection And Localization, Image Classification, Semantic Segmentation, Bounding Box Labeling, Face And Emotion Recognition, Video Annotation For Object Tracking, Scene Classification, Activity And Gesture Recognition
3) By Audio: Speech-To-Text Transcription, Audio Classification, Speaker Identification And Recognition, Sentiment And Emotion Detection, Sound Event Detection, Keyword Spotting, Acoustic Scene Classification
Pre-Book The Data Labeling Solution And Services Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Impacting The Size Of The Data Labeling Solution And Services Market?
Companies in the data labeling solution and services market are advancing automation using large language models (LLMs) for efficient and accurate data annotation. LLMs, which understand and generate human-like text, are used to automate data cleaning, labeling, and enrichment. In October 2023, Refuel AI Inc., a US-based tech company, launched Refuel Cloud, a platform that uses LLMs to automate data labeling for industries at scale. It allows teams to specify dataset labels in natural language, enhancing efficiency and security while ensuring data privacy.
Who Are the Key Players In The Data Labeling Solution And Services Market?
Major companies operating in the data labeling solution and services market are:
• Google LLC
• Amazon Web Services Inc.
• International Business Machines Corporation
• Oracle Corporation
• Uber Technologies Inc.
• Adobe Inc.
• Telus International
• CloudFactory Limited
• iMerit Technology Services Private Limited
• Databricks Inc.
• Scale AI Inc.
• Appen Limited
• The Hive AI Inc.
• BigID Inc.
• Encord LLC
• Labelbox Inc.
• SuperAnnotate Inc.
• Adept Technologies Limited
• Kili Technology Inc.
• Label Your Data LLC
• Alegion Inc.
• SuperbAI Inc.
• Pure Moderation LLC
• Data Labeler LLC
• AI Data Innovations Inc.
• Amazon Mechanical Turk Inc.
• Cogito Tech LLC
• Labellerr Inc.
• KeyMakr Inc.
What Are The Regional Insights Into The Data Labeling Solution And Services Market?
North America was the largest region in the data labeling solution and services market in 2024. The regions covered in the data labeling solution and services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
