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AI Training Dataset Market Revenue To Strike At $4.8 Billion By 2027

The global AI training dataset market size is projected to account for USD 4.8 billion by 2027, according to a new report by Million Insights. The market is anticipated to grow at 22.5% CAGR over the forecast duration.

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AI Training Dataset Market Revenue To Strike At $4.8 Billion By 2027

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  1. AI Training Dataset Market Revenue To Strike At $4.8 Billion By 2027 “The global AI training dataset market size is projected to account for USD 4.8 billion by 2027. The market is anticipated to grow at 22.5% CAGR over the forecast duration.” Global AI training dataset market report offers the latest industry trends, technological alteration and forecast data. A deep-dive view of AI training dataset industry based on its size, growth, development plans, and opportunities is offered by this report. The forecast information, SWOT analysis, AI training dataset barriers, and feasibility study are the vital aspects evaluated in this report. The global AI training dataset market size is projected to account for USD 4.8 billion by 2027. The market is anticipated to grow at 22.5% CAGR over the forecast duration. The growing focus by businesses on automating their operations is a key factor attributing to the growth of the market. AI training dataset has been gaining traction across industry verticals such as healthcare, automotive, transportation and logistics among others. Owing to the growing adoption of artificial intelligence across industries, the need for the training set is increasing rapidly. In order to make the technology more accurate and versatile, an increasing number of companies are focusing on releasing datasets. Thus, such factors are projected to augment the growth of the market. Companies are further focusing on introducing high-quality datasets in order to speed up the AI development. For example, IBM, in early 2019, introduced new datasets that include one million images of faces to support the development of facial recognition technology. IT sector dominated the market in 2019 owing to the increased adoption of various technologies such as machine learning, data analytics and computer vision to provide an enhanced user experience. Healthcare sector is also anticipated to witness a substantial growth due to the increasing adoption of latest technologies such as wearable, virtual assistance and others in the sector. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-ai-training-dataset-market/request-sample

  2. Further key findings from the report suggest: • Based on type, the image/video category is projected to register over 25.0% CAGR from 2020 to 2027. • Asia Pacific is anticipated to account for the significant share due to the increasing adoption of AI-based technology. • By vertical, IT segment held the highest share in the artificial intelligence training dataset market in 2019 due to the increasing adoption of various technologies such as virtual assistance, machine learning and computer vision in the industry. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-ai-training-dataset-market Million Insights has segmented the global AI training dataset market based on type, vertical, and region: AI Training Dataset Type Outlook (Revenue, USD Million, 2016 - 2027) • Text • Image/Video • Audio AI Training Dataset Vertical Outlook (Revenue, USD Million, 2016 - 2027) • IT • Automotive • Government • Healthcare • BFSI • Retail & E-commerce

  3. • Others AI Training Dataset Regional Outlook (Revenue, USD Million, 2016 - 2027) • North America • U.S. • Canada • Mexico • Europe • Germany • U.K. • France • Asia Pacific • China • Japan • India • South America • Brazil • Middle East and Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/computing-and-technology

  4. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights 410 E Santa Clara Street, Unit #1008 San Jose,CA 95113, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-8956380892

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