Data Annotation Tools Market - Top Companies and Manufacturers

  • Report ID: 4763
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Companies Dominating the Data Annotation Tools Landscape

    • Innodata, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Telus Corporation
    • Figure Eight Federal Inc.
    • Google LLC
    • Lighttag
    • Lionbridge Technologies, LLC.
    • Lotus Quality Assurance
    • Scale AI, INC.
    • SuperAnnotate AI, Inc.
    • Tagtog Sp. Z.o.o
    • Cogito Tech LLC

Browse Key Market Insights with Data Illustration:

In the News

  • Innodata, Inc. announced the expansion of services to support the development of predictive models for the medical record by combining their Synodex medical data extraction platform with data annotation platform. This expansion demonstrates the efficacy of the method of Innodata for extracting high-quality AI training data from medical records.

  • Telus Corporation announced the acquisition of Lionbridge AI, a market-leading global supplier of solutions for annotation platforms and crowd-based training data by their Telus International segment. Lionbridge AI will assist TELUS International expand its penetration of the quickly expanding new economy services market


Author Credits:  Abhishek Verma


  • Report ID: 4763
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of data annotation tools is assessed at USD 1.91 billion.

The data annotation tools market size was over USD 1.58 billion in 2024 and is poised to reach USD 32.36 billion by the end of 2037, witnessing around 25.9% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for self-driving vehicles, growing use of facial recognition and AI, and higher generation of data will boost the market growth.

North America industry is predicted to be the largest with a share of about 30% by 2037, owing to increasing number of devices connected to the internet of things (IoT) in the region.

The major players in the market include Innodata, Inc., Telus Corporation, Figure Eight Federal Inc., Google LLC, Lighttag, Lionbridge Technologies, LLC., Lotus Quality Assurance, Scale AI, INC., SuperAnnotate AI, Inc., Tagtog Sp. Z.o.o, Cogito Tech LLC.
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