Home > Media & Technology > Next Generation Technologies > Analytics and Business Intelligence > Data Annotation Tools Market

Data Annotation Tools Market Share

Report ID: GMI3823
Published Date: Apr 2023
Report Format: PDF

Download Free Sample

Data Annotation Tools Market Share

Some of the leading companies involved in the data annotation tools market include:

Alegion Inc
Clickworker GmBH
Amazon Web Services Inc (Amazon.com, Inc)
CloudFactory Limited
Cogito Tech LLC
CloudApp Inc
Dataturks (Walmart Labs)
Appen Limited
Defined AI

Companies in the data annotation tools business place a high priority on forming strategic alliances and enhancing their research capabilities in order to offer novel solutions and routinely release software upgrades, bolstering their market position and acquiring a competitive edge.

In November 2022, Medcase, a well-known developer of healthcare AI solutions, and NTT DATA, a top supplier of digital business and IT services, signed a legally binding agreement. The two businesses claimed to jointly provide data discovery and enrichment solutions for medical imaging through this partnership. Through this cooperation, Medcase's clients will have access to the Advocate AI data cooperative network from NTT DATA, allowing innovators to get patient studies for their projects, including medical imaging.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The data annotation tools industry size was worth USD 1.8 billion in 2022 and is projected to witness over 25% from 2023 to 2032, says this GMI report.

The healthcare application segment will observe more than 35% CAGR during 2023 to 2032, as healthcare organizations require to conduct faster research in the area of automated patient diagnosis.

North America market size will cross USD 12 billion by 2032, due to the growing use of AI and machine learning technology by businesses.

Alegion Inc., Clickworker GmBH, Amazon Web Services, Inc. (Amazon.com, Inc), CloudFactory Limited, Cogito Tech LLC, CloudApp, Inc, Dataturks (Walmart Labs), Appen Limited, and Defined AI are few of the businesses active in the market.