/PRNewswire/ The global data collection and labeling market is on a trajectory for significant growth, with an expected size of USD 17.10 billion by 2030,.
/PRNewswire/ The global data collection and labeling market size is expected to reach USD 17.10 billion by 2030, expanding at 28.9% CAGR from 2023 to 2030,.
SAN FRANCISCO, Feb. 8, 2023 /PRNewswire/ The global alternative data market size is anticipated to reach USD 135,723.5 million by 2030, according to a new report by Grand View Research, Inc.
Data Collection And Labeling Market Size Worth $8.22 Billion By 2028: Grand View Research, Inc.
data collection and labeling market size is expected
to reach
USD 8.22 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated
to expand at a CAGR of 25.6% from
2021 to 2028. Data collection and labeling refer to the process of collecting datasets from online sources and other sources and labeling them based on their nature, data type, and feature. Data gathering and its annotation, combined with artificial intelligence (AI) technology, have created valuable growth opportunities in several verticals, such as gaming, social networking, and e-commerce. For instance, Twitter and Facebook, two major platforms in the world of social networking, have benefited from the image processing technology in terms of audience engagement as they have created a more connected experience by encouraging users to share images and tag their friends.