AI Training Dataset Market Size By Type, By Vertical, By Geographic Scope And Forecast


Posted August 5, 2020 by jennysmith22119

AI Training Dataset Market was valued at USD 0.90 Billion in 2019 and is projected to reach USD 4.34 Billion by 2027, growing at a CAGR of 21.6 % from 2020 to 2027.

 
AI Training Dataset Market Size And Forecast
The Global AI Training Dataset Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global AI Training Dataset Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

AI Training Dataset Market was valued at USD 0.90 Billion in 2019 and is projected to reach USD 4.34 Billion by 2027, growing at a CAGR of 21.6 % from 2020 to 2027.

What is AI Training Dataset?
Machine learning is an application of AI (AI) that gives systems the potential to automatically learn and develop from experience without being explicitly programmed. Machine learning concentrates on the development of computer programs that can obtain data and utilize it to learn for themselves.

AI training data is the information applied to train a machine learning model. In the data science community, AI training data is likewise attributed to the training set, training dataset, learning set, and ground truth data. AI training datasets include both the input data and the corresponding expected output.

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As datasets come in multiple formats and can sometimes be challenging to practice, there has been considerable work put into curating and standardizing the format of datasets to make them simpler to use for machine learning research. OpenML which comprises web platform with Python, R, Java, and other APIs for downloading hundreds of machine learning datasets, evaluating algorithms on datasets, and benchmarking algorithm performance against dozens of other algorithms. PMLB which includes a large, curated repository of benchmark datasets for evaluating supervised machine learning algorithms. It provides classification and regression datasets in a standardized format that are accessible through a Python API.

Global AI Training Dataset Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The artificial intelligence (AI) is gaining significant prominence due to rising adoption across various data-driven applications such as image recognition and voice recognition. The amount of data generated across various end-use organizations has driven the adoption of AI. Apart from this, the rising need for machine and human interaction is offering new growth avenues for vendors in the market to provide solutions with enhanced capabilities. However, Lack of technological adoptions in developing regions is hampering the market growth.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global AI Training Dataset Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global AI Training Dataset Market Competitive Landscape
The “Global AI Training Dataset Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Google, LLC (Kaggle), Appen Limited, Cogito Tech LLC, Lionbridge Technologies, Inc., Amazon Web Services, Inc., Microsoft Corporation, Scale AI, Inc., Samasource Inc., Alegion, Deep Vision Data, and Others. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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AI Training Dataset Market, By Type
• Text
• Image/Video
• Audio

 AI Training Dataset Market, By Vertical
• IT
• Automotive
• Government
• Healthcare
• Others

AI Training Dataset Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America

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Last Updated August 5, 2020