Europe Data Annotation Tools Market By Type (Text, Image/Video and Audio), By Annotation Type (Manual, Semi-supervised and Automatic), By Industry (IT, Automotive, Retail, Healthcare, Financial Services, Government and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027

The Europe Data Annotation Tools Market would witness market growth of 23.9% CAGR during the forecast period (2021-2027).

The emergence of big data is estimated to bolster the growth of the AI market as a huge amount of data is needed to be recorded, stored, and evaluated. The increasing adoption of AI will further boost the growth of the data annotation tools market because the annotated data helps in training AI models & machine learning systems in some crucial areas like speech recognition & image recognition. The data annotation tools provide AI its strength by directly delivering data, which is relevant in shaping future outcomes & decision-making.

At present, the rising trend of manufacturing autonomous vehicles in the automotive sector is appealing to big investors to put heavy investment in the manufacturing of such vehicles. An autonomous vehicle is an amalgamation of several sensors & networking systems, which help the computer in driving the vehicle. The annotated data-enabled autonomous vehicle computer models to identify and learn from it. Many technology giants like Google, Apple, Tesla Motors, and Huawei Technologies, have marked their presence in the autonomous vehicle market. The increasing investments in the self-driving market are anticipated to propel the growth of the data annotation tools market during the forecast period.

Europe is estimated to register a stagnant growth pattern during the forecast period. In addition, the increasing focus on image annotation is projected to improve the operations of the retail & automotive segment in this region. The growing traction of AI technologies and their wide adoption would contribute to the rising demand for data annotation tools in the regional market. The European region contains a mature AI market, which directly boosts the demand for data annotation tools in this regional market. Several nations like Germany and Netherlands are witnessing a rising demand for the various machine learning technologies.

This growing demand will further boost the demand for data annotation tools in the European region. The European Commission has also highlighted the significance of using machine learning to improve the digital economy of this region with the increasing investments by the government for AI-based projects in the Horizon 2020 digital strategy.

The Germany market dominated the Europe Data Annotation Tools Image/Video Market by Country 2020, thereby, achieving a market value of $59.2 million by 2027. The UK market is exhibiting a CAGR of 23.5% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 25.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Data Annotation Tools Market Size will Hit $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

• Text
• Image/Video
• Audio

By Annotation Type

• Manual
• Semi-supervised
• Automatic

By Industry

• IT
• Automotive
• Retail
• Healthcare
• Financial Services
• Government
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

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 Europe Data Annotation Tools Market, by Type
1.4.2 Europe Data Annotation Tools Market, by Annotation Type
1.4.3 Europe Data Annotation Tools Market, by Industry
1.4.4 Europe 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. Europe Data Annotation Tools Market by Industry
3.1 Europe IT Data Annotation Tools Market by Country
3.2 Europe Automotive Data Annotation Tools Market by Country
3.3 Europe Retail Data Annotation Tools Market by Country
3.4 Europe Healthcare Data Annotation Tools Market by Country
3.5 Europe Financial Services Data Annotation Tools Market by Country
3.6 Europe Government Data Annotation Tools Market by Country
3.7 Europe Other Industry Data Annotation Tools Market by Country

Chapter 4. Europe Data Annotation Tools Market by Type
4.1 Europe Data Annotation Tools Text Market by Country
4.2 Europe Data Annotation Tools Image/Video Market by Country
4.3 Europe Data Annotation Tools Audio Market by Country

Chapter 5. Europe Data Annotation Tools Market by Annotation Type
5.1 Europe Manual Data Annotation Tools Market by Country
5.2 Europe Semi-supervised Data Annotation Tools Market by Country
5.3 Europe Automatic Data Annotation Tools Market by Country

Chapter 6. Europe Data Annotation Tools Market by Country
6.1 Germany Data Annotation Tools Market
6.1.1 Germany Data Annotation Tools Market by Industry
6.1.2 Germany Data Annotation Tools Market by Type
6.1.3 Germany Data Annotation Tools Market by Annotation Type
6.2 UK Data Annotation Tools Market
6.2.1 UK Data Annotation Tools Market by Industry
6.2.2 UK Data Annotation Tools Market by Type
6.2.3 UK Data Annotation Tools Market by Annotation Type
6.3 France Data Annotation Tools Market
6.3.1 France Data Annotation Tools Market by Industry
6.3.2 France Data Annotation Tools Market by Type
6.3.3 France Data Annotation Tools Market by Annotation Type
6.4 Russia Data Annotation Tools Market
6.4.1 Russia Data Annotation Tools Market by Industry
6.4.2 Russia Data Annotation Tools Market by Type
6.4.3 Russia Data Annotation Tools Market by Annotation Type
6.5 Spain Data Annotation Tools Market
6.5.1 Spain Data Annotation Tools Market by Industry
6.5.2 Spain Data Annotation Tools Market by Type
6.5.3 Spain Data Annotation Tools Market by Annotation Type
6.6 Italy Data Annotation Tools Market
6.6.1 Italy Data Annotation Tools Market by Industry
6.6.2 Italy Data Annotation Tools Market by Type
6.6.3 Italy Data Annotation Tools Market by Annotation Type
6.7 Rest of Europe Data Annotation Tools Market
6.7.1 Rest of Europe Data Annotation Tools Market by Industry
6.7.2 Rest of Europe Data Annotation Tools Market by Type
6.7.3 Rest of Europe 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 Europe Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 2 Europe Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 3 Europe Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 4 Europe Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 5 Europe IT Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 6 Europe IT Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 7 Europe Automotive Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 8 Europe Automotive Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 9 Europe Retail Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Retail Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Healthcare Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Healthcare Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Financial Services Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Financial Services Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Government Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Government Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Other Industry Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Other Industry Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 20 Europe Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 21 Europe Data Annotation Tools Text Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Data Annotation Tools Text Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Data Annotation Tools Image/Video Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Data Annotation Tools Image/Video Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe Data Annotation Tools Audio Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Data Annotation Tools Audio Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 28 Europe Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 29 Europe Manual Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe Manual Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 31 Europe Semi-supervised Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 32 Europe Semi-supervised Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 33 Europe Automatic Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Automatic Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Data Annotation Tools Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe Data Annotation Tools Market by Country, 2021 - 2027, USD Million
TABLE 37 Germany Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 38 Germany Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 39 Germany Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 40 Germany Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 41 Germany Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 42 Germany Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 43 Germany Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 44 Germany Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 45 UK Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 46 UK Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 47 UK Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 48 UK Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 49 UK Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 50 UK Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 51 UK Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 52 UK Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 53 France Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 54 France Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 55 France Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 56 France Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 57 France Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 58 France Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 59 France Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 60 France Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 61 Russia Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 62 Russia Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 63 Russia Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 64 Russia Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 65 Russia Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 66 Russia Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 67 Russia Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 68 Russia Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 69 Spain Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 70 Spain Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 71 Spain Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 72 Spain Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 73 Spain Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 74 Spain Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 75 Spain Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 76 Spain Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 77 Italy Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 78 Italy Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 79 Italy Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 80 Italy Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 81 Italy Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 82 Italy Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 83 Italy Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 84 Italy Data Annotation Tools Market by Annotation Type, 2021 - 2027, USD Million
TABLE 85 Rest of Europe Data Annotation Tools Market, 2017 - 2020, USD Million
TABLE 86 Rest of Europe Data Annotation Tools Market, 2021 - 2027, USD Million
TABLE 87 Rest of Europe Data Annotation Tools Market by Industry, 2017 - 2020, USD Million
TABLE 88 Rest of Europe Data Annotation Tools Market by Industry, 2021 - 2027, USD Million
TABLE 89 Rest of Europe Data Annotation Tools Market by Type, 2017 - 2020, USD Million
TABLE 90 Rest of Europe Data Annotation Tools Market by Type, 2021 - 2027, USD Million
TABLE 91 Rest of Europe Data Annotation Tools Market by Annotation Type, 2017 - 2020, USD Million
TABLE 92 Rest of Europe 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