Europe Data Collection and Labeling Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• Data Collection and Labeling is a process used to train the machines for identifying raw data such as images, text files, videos, etc. and then adding one or more labels to that data to specify its context for models, allowing the machine learning model to make accurate predictions
• The European data collection and labelling market had total revenues of $467.3 million in 2022, representing a compound annual growth rate (CAGR) of 23.4% between 2017 and 2022
• The IT segment accounted for the market's largest proportion in 2022, with total revenues of $146.9 million, equivalent to 31.4% of the market's overall value
• The region is witnessing a wave of technological advancements across various industries, coupled with growing investments across European countries, toward AI and ML applications

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the data collection and labeling market in Europe
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the data collection and labeling market in Europe
• Leading company profiles reveal details of key data collection and labeling market players' global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Europe data collection and labeling market with five year forecasts

Reasons to Buy

• What was the size of the Europe data collection and labeling market by value in 2022?
• What will be the size of the Europe data collection and labeling market in 2027?
• What factors are affecting the strength of competition in the Europe data collection and labeling market?
• How has the market performed over the last five years?
• Who are the top competitors in Europe's data collection and labeling market?