The market for AI training dataset market was estimated to be worth USD xx billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of xx.x% from 2024 to 2034, reaching USD xx billion. The market is increasing and sustainable since it is in line with a variety of industries.

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GROWTH DRIVERS
One of the main factors propelling the market is the growing use of AI across various sectors. The Global Lighthouse Network of the World Economic Forum emphasizes how artificial intelligence (AI) is transforming factory operations, streamlining production lines, and reducing costs as it propels digital transformation in manufacturing.
Furthermore, market demand and acceptance are driven by government and private sector financing and investments in AI and data infrastructure. For example, Databricks, a business that specializes in data and artificial intelligence, stated that it has raised USD 8.6 billion of its anticipated USD 10 billion in non-dilute financing through its Series J funding.
Last but not least, the expansion and spread of IoT devices and data generation greatly propels market expansion by generating ample opportunity for data collection and curation. The International Data Corporation (IDC) points out that more than 73 zettabytes of data will be generated globally, requiring sophisticated data analysis using AI and machine learning.
MARKET SEGMENTATION:
· By Dataset Type- text, image, video, audio and multimodal
· By Annotation Type- pre labeled datasets, unlabeled datasets and synthetic datasets
· By Vertical- BFSI, IT & Telecommunications, Government & Defense, Automotive, Media & Entertainment, Manufacturing and others
· By Regions- North America, Europe, Asia Pacific, South America, Middle East and Africa
Global Key Players:
· Alegion
· Amazon Web Services, Inc.
· Appen Limited
· Cogito Tech LLC
· Deep Vision Data
· Google, LLC (Kaggle)
· Lionbridge Technologies, Inc.
· Microsoft Corporation
· Samasource Inc.
· Scale AI Inc.
· Other Players
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