ByteBridge Launches World’s First Mobile 3D Point Cloud Data Labeling Service
ByteBridge, a data labeling service operated on the Maro Blockchain has launched the world’s first mobile-based 3D Point Cloud data labeling service.
3D Point Cloud
3D Point Cloud is a collaboration of numerous dots (data points) spread throughout a 3D space, where data points are collected through sensors like LiDAR. The sensors emit light and calculate the time in which it takes to be reflected back into the sensor to create each dot. The collected dots are compounded to present a complete image as shown below.
3D Point Cloud is widely used for product development and analysis in fields related to architecture, aerospace, driving, traffic, medical equipment, regular consumer items, and more. The potential use cases and applications are only expected to increase in the future.
3D Point Cloud Market Size
Among the many industries that utilize 3D Point Cloud, the autonomous driving industry considers 3D Point Cloud one of its most important components… The market size of the autonomous driving industry is estimated to be around $7,100,000,000 in 2020. And, as it is foreseen to show an annual growth rate of 41.0%, the expected market size by 2035 is about $1,120,400,000,000.
The core technology in the autonomous driving industry is the sensor, where one of the most widely used sensors, LiDAR, has shown a 113% growth rate since 2020. LiDAR is expected to reach a market valuation of $1,700,000,000 by 2025. In tandem with the noteworthy growth of sensors, the 3D Point Cloud applications are anticipated to be broadened as well.
Reference: SAMJONG KPMG, IRS GROBAL
Outsource your data labeling tasks to ByteBridge, you can get the high-quality ML training datasets cheaper and faster!
- Free Trial Without Credit Card: you can get your sample result in a fast turnaround, check the output, and give feedback directly to our project manager.
- 100% Human Validated
- Transparent & Standard Pricing: clear pricing is available(labor cost included)
Why not have a try?
Source: Brian CHEONG( CEO of ByteBridge)