Machine
learning is an application of AI (AI) which provides systems the ability to learn
and develop automatically from the experience without being precisely
programmed. Machine learning focuses on the development of computer programs which
can acquired data and use it to learn by own. AI training dataset is the
information used to train a machine learning model. In the data science
community, AI training data is similarly ascribed to the training set, learning
set, training dataset and ground truth data. AI training datasets comprises
both the input data and the corresponding projected output. Increase in
adoption of artificial technology among several data-driven applications such
as voice recognition and image recognition are the key factor which propels the
growth of the artificial intelligence in training dataset market. In addition,
the increase in requirement for machine and human interaction is projected to offer
lucrative opportunities for the global artificial intelligence training dataset
market. The Technology advancements and remarkable developments in the
field of artificial intelligence is further surging the demand for artificial
intelligence training dataset. Moreover, with these advancements in technology,
various industries have noticed many stages of progress. These developments
have also impacted the deployment of artificial intelligence in training
datasets. Artificial intelligence in training datasets have developed and
evolved majorly in the past few years to facilitate and improve industrial
processes at minimum costs. In addition, the artificial intelligence in
training dataset market is rising at a very rapid pace, and is a very
competitive market. Hence, the leading players are adopting various strategies
such as the expansion of their services, partnerships, new product launches,
collaborations, mergers and acquisition to proliferate their reach in the
market. On the other hand, the dearth of technical expertise understanding and
implementing difficult AI model hinders the market growth.
In
addition to this, the increasing adoption of AI in manufacturing, the idea of
hyper-automation for more efficient solution, a transformation in industry 4.0,
require to achieve robotic autonomy, a continual revolution in autonomous
vehicles, growth in the use of AI in wellness management, virtual assistants, diagnostics,
and wearables are also steering the demand for the artificial intelligence training
dataset market over the forecast period.
The
global Artificial Intelligence (AI) Training Dataset Market is segregated on
the basis of Type as Text, Image/Video and Audio. Based on Solution the global Artificial
Intelligence (AI) Training Dataset Market is segmented in Manufacturing
Execution System (MES), Plant Asset Management (PAM), SCADA, Industrial Safety
and Others. Based on End User the global Artificial Intelligence (AI) Training
Dataset Market is segmented in IT, Automotive, Government, Healthcare, BFSI, Retail
& E-commerce and Others.
The
global Artificial Intelligence (AI) Training Dataset Market report provides
geographic analysis covering regions, such as Europe, North America, Asia
Pacific, and Rest of The World. The Artificial Intelligence (AI) Training
Dataset Market for each region is further segmented for major countries
including the U.S., Canada, Germany, the U.K., France, Italy, China, India,
Japan, Brazil, South Africa, and others.
Competitive Analysis
Alegion,
Inc., Amazon Web Services, Inc., Appen Limited, clickworker GmbH, Cogito Tech
LLC and others are among the major players in the global Artificial
Intelligence (AI) Training Dataset Market. The companies studied in terms of
product strategy and various n several growth and expansion strategies to gain
a competitive edge in the market. The major players not only follow value chain
integration with business operations in multiple stages of the value chain.
- In
February 2021, Appen launched new off-the-shelf (OT) datasets. These datasets
are designed to obtain the high-performance training data required to propel
machine learning (ML) and artificial intelligence (AI) projects.
- In January
2019, Lionbridge Technologies, Inc. introduced Lionbridge AI. This new
launching expands the leadership position in AI training dataset services of
the company.
- In April 2019,
Appen finished the acquisition of Figure Eight. This acquisition enhances the
position of Appen and provides increasing quality, volume, and speed
requirements for training dataset to assist business innovations and
efficiencies which use artificial intelligence and machine learning.
- In January 2019, IBM Corporation uncovered a new dataset which
includes 1.0 million images of faces. The dataset would assist developers to
train their face recognition systems supported by artificial intelligence
technology with different datasets. Furthermore, it would assist developers to
increase precision of face identification.
The global Artificial Intelligence (AI) Training
Dataset Market has been segmented as below:
Artificial
Intelligence (AI) Training Dataset Market, By Type
Artificial
Intelligence (AI) Training Dataset Market, By End User
- IT
- Automotive
- Government
- Healthcare
- BFSI
- Retail & E-commerce
- Others
Artificial
Intelligence (AI) Training Dataset Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Artificial
Intelligence (AI) Training Dataset Market, By Company
- Alegion, Inc.
- Amazon Web Services, Inc.
- Appen Limited
- clickworker GmbH
- Cogito Tech LLC
- DefinedCrowd Corporation
- edgecase.ai
- Google, LLC (Kaggle Inc.)
- iMerit
- Kinetic Vision, Inc. (Deep Vision
Data)
- Lionbridge Technologies, Inc.
- Microsoft Corporation
- Sama Inc.
- Scale AI, Inc.
- Superb AI, Inc
The
report covers the below scope:
- Global Artificial Intelligence (AI)
Training Dataset Market sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global Artificial Intelligence (AI)
Training Dataset Market trends, covering comprehensive range of consumer trends
& manufacturer trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Artificial
Intelligence (AI) Training Dataset Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Artificial Intelligence (AI) Training
Dataset Market report scope includes detailed study covering underlying factors
influencing the industry trends. The report covers analysis on regional and
country level market dynamics. The scope also covers competitive overview
providing company market shares along with company profiles for major revenue
contributing companies. The report scope includes detailed competitive outlook
covering market shares and profiles key participants in the global Artificial
Intelligence (AI) Training Dataset Market share. Major industry players with
significant revenue share include Alegion, Inc., Amazon Web
Services, Inc., Appen Limited, clickworker GmbH, Cogito Tech LLC and others.
Why to
Buy this Report:
- Gain detailed insights on the Artificial Intelligence (AI) Training Dataset industry trends
- Find complete analysis on the
market status
- Identify the Artificial
Intelligence (AI) Training Dataset Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
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