This statistic shows an Information Technology (IT) industry growth rate forecast for the time period from 2018 to 2023, separated by segment. "Emerging tech", which includes fields like IoT software, big data/analytics, AR/VR, etc., is expected to see the most growth, with forecasts suggesting that the sector will grow by 104 percent between 2018 and 2023.

The statistic shows the constant annual growth rate of the fastest growing big data and analytics categories worldwide, between 2015 and 2020. In that period, the market for non-relational analytics data stores is projected to grow by 38.6 percent.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Technological innovation, often fueled by governments, drives industrial growth and helps raise living standards. Data here aims to shed light on countries technology base: research and development, scientific and technical journal articles, high-technology exports, royalty and license fees, and patents and trademarks. Sources include the UNESCO Institute for Statistics, the U.S. National Science Board, the UN Statistics Division, the International Monetary Fund, and the World Intellectual Property Organization.

Explore the Information Technology Market trends! Covers key players, growth rate 8.2% CAGR, market size $13176.84 Billion, and forecasts to 2034. Get insights now!

AI-driven engagement is forecasted to be the fastest growing customer experience technology use case in the world between 2017 and 2022, with a compound annual growth rate (CAGR) of around 10.5 percent. Interaction management and ubiquitous commerce trail close behind, both boasting a CAGR of over 10 percent. Customer experience platforms allow companies to analyze usage information and customer preferences in order to improve user experience.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Technological innovation, often fueled by governments, drives industrial growth and helps raise living standards. Data here aims to shed light on countries technology base: research and development, scientific and technical journal articles, high-technology exports, royalty and license fees, and patents and trademarks. Sources include the UNESCO Institute for Statistics, the U.S. National Science Board, the UN Statistics Division, the International Monetary Fund, and the World Intellectual Property Organization.

This research provides three explanations regarding low productivity growth from the information technology revolution: measurement difficulties, the small proportion of capital stock that computers represent, and the concept that diffusion of changing work methods is still under way.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Technological innovation, often fueled by governments, drives industrial growth and helps raise living standards. Data here aims to shed light on countries technology base: research and development, scientific and technical journal articles, high-technology exports, royalty and license fees, and patents and trademarks. Sources include the UNESCO Institute for Statistics, the U.S. National Science Board, the UN Statistics Division, the International Monetary Fund, and the World Intellectual Property Organization.

Analysts' forecast of the COVID-19 pandemic's impact on the U.S. technology market has improved with time. As of the first quarter of 2021, the U.S. tech spending in 2021 is projected to grow by six percent.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Technological innovation, often fueled by governments, drives industrial growth and helps raise living standards. Data here aims to shed light on countries technology base: research and development, scientific and technical journal articles, high-technology exports, royalty and license fees, and patents and trademarks. Sources include the UNESCO Institute for Statistics, the U.S. National Science Board, the UN Statistics Division, the International Monetary Fund, and the World Intellectual Property Organization.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Technological innovation, often fueled by governments, drives industrial growth and helps raise living standards. Data here aims to shed light on countries technology base: research and development, scientific and technical journal articles, high-technology exports, royalty and license fees, and patents and trademarks. Sources include the UNESCO Institute for Statistics, the U.S. National Science Board, the UN Statistics Division, the International Monetary Fund, and the World Intellectual Property Organization.

Access the summary of the Sports Technology market report, featuring key insights, executive summary, market size, CAGR, growth rate, and future outlook.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Technological innovation, often fueled by governments, drives industrial growth and helps raise living standards. Data here aims to shed light on countries technology base: research and development, scientific and technical journal articles, high-technology exports, royalty and license fees, and patents and trademarks. Sources include the UNESCO Institute for Statistics, the U.S. National Science Board, the UN Statistics Division, the International Monetary Fund, and the World Intellectual Property Organization.

Overview

Streaming Services Statistics: Streaming services have transformed the entertainment landscape, revolutionizing how people consume content.

The advent of high-speed internet and the proliferation of smart devices have fueled the growth of these platforms, offering a wide array of movies, TV shows, music, and more, at the viewers' convenience.

This introduction provides an overview of key statistics that shed light on the impact, trends, and challenges within the streaming industry.

According to Cognitive Market Research, the global Ai Training Data market size is USD 1865.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 23.50% from 2023 to 2030.

The demand for Ai Training Data is rising due to the rising demand for labelled data and diversification of AI applications.
Demand for Image/Video remains higher in the Ai Training Data market.
The Healthcare category held the highest Ai Training Data market revenue share in 2023.
North American Ai Training Data will continue to lead, whereas the Asia-Pacific Ai Training Data market will experience the most substantial growth until 2030.

Market Dynamics of AI Training Data Market

Key Drivers of AI Training Data Market

Rising Demand for Industry-Specific Datasets to Provide Viable Market Output

A key driver in the AI Training Data market is the escalating demand for industry-specific datasets. As businesses across sectors increasingly adopt AI applications, the need for highly specialized and domain-specific training data becomes critical. Industries such as healthcare, finance, and automotive require datasets that reflect the nuances and complexities unique to their domains. This demand fuels the growth of providers offering curated datasets tailored to specific industries, ensuring that AI models are trained with relevant and representative data, leading to enhanced performance and accuracy in diverse applications.

In July 2021, Amazon and Hugging Face, a provider of open-source natural language processing (NLP) technologies, have collaborated. The objective of this partnership was to accelerate the deployment of sophisticated NLP capabilities while making it easier for businesses to use cutting-edge machine-learning models. Following this partnership, Hugging Face will suggest Amazon Web Services as a cloud service provider for its clients.

(Source: about:blank)

Advancements in Data Labelling Technologies to Propel Market Growth

The continuous advancements in data labelling technologies serve as another significant driver for the AI Training Data market. Efficient and accurate labelling is essential for training robust AI models. Innovations in automated and semi-automated labelling tools, leveraging techniques like computer vision and natural language processing, streamline the data annotation process. These technologies not only improve the speed and scalability of dataset preparation but also contribute to the overall quality and consistency of labelled data. The adoption of advanced labelling solutions addresses industry challenges related to data annotation, driving the market forward amidst the increasing demand for high-quality training data.

In June 2021, Scale AI and MIT Media Lab, a Massachusetts Institute of Technology research centre, began working together. To help doctors treat patients more effectively, this cooperation attempted to utilize ML in healthcare.

www.ncbi.nlm.nih.gov/pmc/articles/PMC7325854/

Restraint Factors Of AI Training Data Market

Data Privacy and Security Concerns to Restrict Market Growth

A significant restraint in the AI Training Data market is the growing concern over data privacy and security. As the demand for diverse and expansive datasets rises, so does the need for sensitive information. However, the collection and utilization of personal or proprietary data raise ethical and privacy issues. Companies and data providers face challenges in ensuring compliance with regulations and safeguarding against unauthorized access or misuse of sensitive information. Addressing these concerns becomes imperative to gain user trust and navigate the evolving landscape of data protection laws, which, in turn, poses a restraint on the smooth progression of the AI Training Data market.

How did COVID–19 impact the Ai Training Data market?

The COVID-19 pandemic has had a multifaceted impact on the AI Training Data market. While the demand for AI solutions has accelerated across industries, the availability and collection of training data faced challenges. The pandemic disrupted traditional data collection methods, leading to a slowdown in the generation of labeled datasets due to restrictions on physical operations. Simultaneously, the surge in remote work and the increased reliance on AI-driven technologies for various applications fueled the need for diverse and relevant training data. This duali...

United States industry 4.0 market size is projected to exhibit a growth rate (CAGR) of 19.54% during 2025-2033. The advancements in technology, the widespread adoption of the Internet of Things (IoT), the rise of artificial intelligence (AI) and machine learning (ML), a growing emphasis on sustainability, the expansion of fifth-generation (5G) technology, the impact of the COVID-19 pandemic, and government support for innovation are bolstering the market growth.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on component, technology type, and end use industry.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Technological innovation, often fueled by governments, drives industrial growth and helps raise living standards. Data here aims to shed light on countries technology base: research and development, scientific and technical journal articles, high-technology exports, royalty and license fees, and patents and trademarks. Sources include the UNESCO Institute for Statistics, the U.S. National Science Board, the UN Statistics Division, the International Monetary Fund, and the World Intellectual Property Organization.

Introduction

Job Growth Statistics: The global job market has substantially changed in the last few years due to technological advancements, the changing priorities of economies, and the long-standing effects of the pandemic. It seems that job growth trends in the year 2024 will be a combination of hope and challenge since the industry will be stoked to thrive more in technology, healthcare, and renewable energy.

It will discuss the job growth statistics, trends, and factors that shape the employment landscape in 2024.

The big data market size is projected to grow from USD 262.87 billion in the current year to USD 1,019 billion by 2035, representing a CAGR of 13.10%, during the forecast period till 2035.

Access the summary of the Healthcare Information Technology market report, featuring key insights, executive summary, market size, CAGR, growth rate, and future outlook.