The market for labelling software generated US$ 519.5 million in 2021 and is anticipated to grow 6.5% year over year to reach US$ 553.8 million in 2022. The market is expected to grow to US$ 975.8 Million by 2032 as a result of the increasing support from various governmental organisations. During the forecast period, a 5.8% CAGR is expected in the trade.
“Over the forecast period, technological advancement and product differentiation in numerous industries, including FMCG, retail, and healthcare, are expected to fuel the demand for labelling software market.”
The introduction of cutting-edge technology has resulted in a boom in the labelling software industry. Various new labelling software types are being introduced with the aid of cutting-edge technology.
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The labeling software market refers to the industry of software tools and solutions that enable users to create, manage, and apply labels to various types of digital content, such as images, videos, audio files, and text documents. Labeling software is widely used in industries such as retail, manufacturing, healthcare, and food and beverage, as well as in the field of machine learning and artificial intelligence.
The labeling software market has experienced significant growth in recent years, driven by the increasing demand for automation and efficiency in data management and processing. With the proliferation of data sources and the increasing complexity of data, labeling software has become an essential tool for organizations to streamline their data workflows, improve data accuracy, and enhance the overall quality of their data.
As the demand for labeling software continues to grow, the market is expected to expand further in the coming years. The increasing adoption of artificial intelligence and machine learning technologies, coupled with the rising need for data labeling in industries such as healthcare and finance, is expected to drive the growth of the labeling software market in the future.
Who are the Key Players of the Global Labeling Software Market?
Eminent players of the Global labeling software market include
- Blue Software Llc,
- Cybra Corporation,
- Data Systems International Inc. (Dsi),
- Endicia, Euro Plus Ltd.
among others. Recent key developments among players include:
- In March 2020 – CYBRA Corporation has announced the addition of support for Epson Colorwork color inkjet printers. Ideal for high mix label requirements, Epson ColorWorks printers deliver dependable, commercial inkjet printing with fast-drying, durable color inks while reducing the cost of using pre-printed labels.
- In February 2022— Dun & Bradstreet Holdings, Inc. a leading global provider of business decisioning data and analytics, and Google Cloud, today announced a 10-year strategic agreement to leverage Google Cloud for infrastructure modernization and jointly innovate new industry-specific solutions and services to help businesses operate more efficiently.
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Key Segments Covered in the Labeling Software Industry Survey
Labeling Software Market by Deployment Mode:
- On-Premises Labeling Software
- Cloud-based Labeling Software
Labeling Software Market by Enterprise Size:
- Labeling Software for SMEs
- Labeling Software for Large Enterprises
Labeling Software Market by End user:
- Labeling Software for FMCG
- Labeling Software for Retail
- Labeling Software for Healthcare
- Labeling Software for Warehousing and Logistics
- Labeling Software for Other End Users
Labeling Software Market by Region:
- North America Labeling Software Market
- Latin America Labeling Software Market
- Europe Labeling Software Market
- APAC Labeling Software Market
- The Middle East & Africa Labeling Software Market
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Labeling Software Demand
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Mn)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
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