Text Annotation Tool Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global annotation tools market is expected to grow at a compound annual growth rate of 27.1% from 2022 to 2028 to reach USD 3.4 billion by 2028. The Text Annotation Tool is a platform for annotators and companies to label text data. Starter packages are free, but each package level increases in cost and there is a limited amount of annotations per month, starting from 1000 annotations per month.

 

Key Players

  • CloudApp
  • iMerit
  • Playment
  • Trilldata Technologies
  • Amazon Web Services
  • LionBridge AI
  • Mighty AI
  • Samasource
  • Google
  • Labelbox
  • Webtunix AI
  • Appen
  • CloudFactory

 

By Type

 

  • On premise
  • Cloud Based

 

By Application

 

  • Small and Medium Enterprises
  • Large Enterprises

 

Scope of the Report

The research study analyzes the global Text Annotation Tool Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Text Annotation Tool Market Report

  1. What was the Text Annotation Tool Market size in 2020 and 2021 ; what are the estimated growth trends and market forecast (2022-2028).

 

  1. What will be the CAGR of the Text Annotation Tool Market during the forecast period (2022-2028) ?

 

  1. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).

 

  1. Which manufacturer/vendor/players in the Text Annotation Tool Market was the market leader in 2021?

 

  1. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report will be delivered within 48-72 hours after payment confirmation