The Asia Pacific Data Annotation Tools Market would witness market growth of 25.2% CAGR during the forecast period (2021-2027).
Data annotation is anticipated to find its key role in improving the applications of AI in the healthcare industry. AI-based machines utilize computer vision in medical imaging data technologies to recognize the patterns and possible injuries that help the medical practitioners in automatically producing reports when an individual is assessed. The dataset of MRI, CT scan, and X-Ray images could simply be screened by the AI to identify several injuries. These data annotation tools assist in training AI systems in distinguishing data generated from normal & injured medical images to make the final reports of the assessed individuals. Therefore, data annotation tools are majorly applied to boost the applications of AI in the healthcare industry.
The increasing demand for machine learning in automated data analytics is estimated to spur the demand for automatic annotation tools in diverse data-driven applications. Additionally, the growing focus on image annotation is projected to improve the operations of the retail, automotive, and healthcare industry, which would fuel market growth. Data annotation tools are widely adopted in the automobile sector, especially in self-driving vehicles. LIDAR sensors, High-resolution cameras, and an enormous volume of data are required for making the training data sets for these highly sensitive visual perception models in autonomous vehicles.
The potential of the developing nations in the Asia Pacific region is the major factor that is attracting various companies to enter into the market and utilize these opportunities for their benefit. The growing demand for various advanced technology in this region is creating lucrative opportunities for the key players to enter and prosper in the regional market. Companies in this region are increasingly adopting data annotation tools for labeling their datasets for better use and more insights.
Moreover, the growing healthcare industry in the region is one of the major factors driving the growth of the regional market. The Healthcare industry majorly utilizes the data annotation tools to provide better support to the healthcare providers to further assist the patients correctly. Thus, this region has a huge potential for the growth of the data annotation tools market.
The China market dominated the Asia Pacific Automatic Data Annotation Tools Market by Country 2020, thereby, achieving a market value of $15.7 million by 2027, growing at a CAGR of 25.4 % during the forecast period. The Japan market is showcasing a CAGR of 26.9% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 28.7% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Data Annotation Tools Market is Projected to reach USD 2.3 Billion by 2027, at a CAGR of 24.4%
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
By Annotation Type
- Manual
- Semi-supervised
- Automatic
By Industry
- IT
- Automotive
- Retail
- Healthcare
- Financial Services
- Government
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Google, Inc.
- com, Inc.
- Uber Technologies, Inc. (Mighty AI, Inc.)
- Appen Limited
- Scale AI, Inc.
- Labelbox, Inc.
- Annotate Software
- Cogito Tech LLC
- Deep Systems
- Playment, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Data Annotation Tools Market, by Type
1.4.2 Asia Pacific Data Annotation Tools Market, by Annotation Type
1.4.3 Asia Pacific Data Annotation Tools Market, by Industry
1.4.4 Asia Pacific 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. Asia Pacific Data Annotation Tools Market by Industry
3.1 Asia Pacific IT Data Annotation Tools Market by Country
3.2 Asia Pacific Automotive Data Annotation Tools Market by Country
3.3 Asia Pacific Retail Data Annotation Tools Market by Country
3.4 Asia Pacific Healthcare Data Annotation Tools Market by Country
3.5 Asia Pacific Financial Services Data Annotation Tools Market by Country
3.6 Asia Pacific Government Data Annotation Tools Market by Country
3.7 Asia Pacific Other Industry Data Annotation Tools Market by Country
Chapter 4. Asia Pacific Data Annotation Tools Market by Type
4.1 Asia Pacific Data Annotation Tools Text Market by Country
4.2 Asia Pacific Data Annotation Tools Image/Video Market by Country
4.3 Asia Pacific Data Annotation Tools Audio Market by Country
Chapter 5. Asia Pacific Data Annotation Tools Market by Annotation Type
5.1 Asia Pacific Manual Data Annotation Tools Market by Country
5.2 Asia Pacific Semi-supervised Data Annotation Tools Market by Country
5.3 Asia Pacific Automatic Data Annotation Tools Market by Country
Chapter 6. Asia Pacific Data Annotation Tools Market by Country
6.1 China Data Annotation Tools Market
6.1.1 China Data Annotation Tools Market by Industry
6.1.2 China Data Annotation Tools Market by Type
6.1.3 China Data Annotation Tools Market by Annotation Type
6.2 Japan Data Annotation Tools Market
6.2.1 Japan Data Annotation Tools Market by Industry
6.2.2 Japan Data Annotation Tools Market by Type
6.2.3 Japan Data Annotation Tools Market by Annotation Type
6.3 India Data Annotation Tools Market
6.3.1 India Data Annotation Tools Market by Industry
6.3.2 India Data Annotation Tools Market by Type
6.3.3 India Data Annotation Tools Market by Annotation Type
6.4 South Korea Data Annotation Tools Market
6.4.1 South Korea Data Annotation Tools Market by Industry
6.4.2 South Korea Data Annotation Tools Market by Type
6.4.3 South Korea Data Annotation Tools Market by Annotation Type
6.5 Singapore Data Annotation Tools Market
6.5.1 Singapore Data Annotation Tools Market by Industry
6.5.2 Singapore Data Annotation Tools Market by Type
6.5.3 Singapore Data Annotation Tools Market by Annotation Type
6.6 Malaysia Data Annotation Tools Market
6.6.1 Malaysia Data Annotation Tools Market by Industry
6.6.2 Malaysia Data Annotation Tools Market by Type
6.6.3 Malaysia Data Annotation Tools Market by Annotation Type
6.7 Rest of Asia Pacific Data Annotation Tools Market
6.7.1 Rest of Asia Pacific Data Annotation Tools Market by Industry
6.7.2 Rest of Asia Pacific Data Annotation Tools Market by Type
6.7.3 Rest of Asia Pacific 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
TABLE 1 Asia Pacific Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 5 Asia Pacific IT Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific IT Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Automotive Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Automotive Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Retail Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Retail Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Healthcare Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Healthcare Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Financial Services Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Financial Services Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Government Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Government Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Other Industry Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Other Industry Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Data Annotation Tools Text Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Data Annotation Tools Text Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Data Annotation Tools Image/Video Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Data Annotation Tools Image/Video Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Data Annotation Tools Audio Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Data Annotation Tools Audio Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Manual Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Manual Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Semi-supervised Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Semi-supervised Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Automatic Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Automatic Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 37 China Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 38 China Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 39 China Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 40 China Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 41 China Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 42 China Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 43 China Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 44 China Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 45 Japan Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 46 Japan Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 47 Japan Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 48 Japan Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 49 Japan Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 50 Japan Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 51 Japan Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 52 Japan Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 53 India Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 54 India Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 55 India Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 56 India Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 57 India Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 58 India Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 59 India Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 60 India Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 61 South Korea Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 62 South Korea Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 63 South Korea Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 64 South Korea Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 65 South Korea Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 66 South Korea Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 67 South Korea Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 68 South Korea Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 69 Singapore Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 70 Singapore Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 71 Singapore Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 72 Singapore Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 73 Singapore Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 74 Singapore Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 75 Singapore Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 76 Singapore Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 77 Malaysia Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 78 Malaysia Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 79 Malaysia Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 80 Malaysia Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 81 Malaysia Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 82 Malaysia Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 83 Malaysia Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 84 Malaysia Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 85 Rest of Asia Pacific Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 86 Rest of Asia Pacific Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 87 Rest of Asia Pacific Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 88 Rest of Asia Pacific Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 89 Rest of Asia Pacific Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 90 Rest of Asia Pacific Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 91 Rest of Asia Pacific Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 92 Rest of Asia Pacific Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 93 Key Information – Google, Inc.
TABLE 94 Key Information – Amazon.com, Inc.
TABLE 95 Key Information – Uber Technologies, Inc.
TABLE 96 Key Information – Appen Limited
TABLE 97 Key Information – Scale AI, Inc.
TABLE 98 Key Information – Labelbox, Inc.
TABLE 99 key information – Annotate Software
TABLE 100 key information – Cogito Tech LLC
TABLE 101 key information – Deep Systems
TABLE 102 Key Information – Playment, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Alphabet Inc. (Google Inc.)
FIG 3 SWOT analysis: Amazon.com, Inc.
FIG 4 Recent strategies and developments: Appen Limited