The global data collection and labeling market size is expected to reach USD 17.10 billion by 2030, expanding at 28.9% CAGR from 2023 to 2030. Data collection and labeling refers to the collection of datasets from various sources and labeling them based on their nature. Automated image organization offered by cloud-based applications and telecom companies is one of the most popular uses of data gathering that has improved the user experience and draws the attention of customers. The advent of large-scale cloud-hosted AI and machine learning platforms offered by tech giants has led to the implementation of data annotation with multiple functions, such as facial recognition, object recognition, and landmark detection. The growing integration of digital image processing and mobile computing platforms in various digital shopping and document verification applications is propelling the market growth.
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