Global Synthetic Data Generation Market Size & Outlook
Global synthetic data generation market, 2018-2030 (US$M)
Related Markets
Global synthetic data generation market highlights
- The global synthetic data generation market generated a revenue of USD 218.4 million in 2023 and is expected to reach USD 1,788.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 35.3% by 2030.
- In terms of segment, tabular data accounted for a revenue of USD 111.3 million in 2023.
- Image & Video Data is the most lucrative data type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 218.4 million |
| Market revenue in 2030 | USD 1,788.1 million |
| Growth rate | 35.3% (CAGR from 2024 to 2030) |
| Largest segment | Tabular data |
| Fastest growing segment | Image & Video Data |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tabular Data, Text Data, Image & Video Data |
Other key industry trends
- In terms of revenue, the North America accounted for 34.5% of the global synthetic data generation market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 158.1 million by 2030.
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Synthetic Data Generation Market Scope
Synthetic Data Generation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kinetic Vision | View profile | 101-250 | Cincinnati, Ohio, United States, North America | http://kinetic-vision.com |
| Neuromation.io | View profile | 11-50 | San Francisco, California, United States, North America | https://neuromation.io |
| MDClone | View profile | 101-250 | Be'er Sheva, HaDarom, Israel, Asia | https://www.mdclone.com/ |
| Hazy | View profile | 11-50 | London, England, United Kingdom, Europe | https://hazy.com |
| YData | View profile | 11-50 | Seattle, Washington, United States, North America | https://ydata.ai |
| Statice | View profile | 11-50 | Berlin, Berlin, Germany, Europe | https://www.statice.ai/ |
| Synthesis AI | View profile | 11-50 | San Francisco, California, United States, North America | http://synthesis.ai/ |
| MOSTLY AI | View profile | 11-50 | Vienna, Wien, Austria, Europe | https://mostly.ai/ |
| Ekobit | View profile | 51-100 | Zagreb, Grad Zagreb, Croatia, Europe | https://ekobit.com/ |
| Informatica Inc | View profile | 5000 | 2100 Seaport Boulevard, Redwood, CA, United States, 94063 | https://www.informatica.com |
Global synthetic data generation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to synthetic data generation market will help companies and investors design strategic landscapes.
Tabular data was the largest segment with a revenue share of 50.96% in 2023. Horizon Databook has segmented the Global synthetic data generation market based on tabular data, text data, image & video data covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Synthetic Data Generation Data Type Outlook (Revenue, USD Million, 2018-2030)
- Tabular Data
- Text Data
- Image & Video Data
- Others
- Global Synthetic Data Generation Modeling Type Outlook (Revenue, USD Million, 2018-2030)
- Direct Modeling
- Agent-based Modeling
- Global Synthetic Data Generation Offering Outlook (Revenue, USD Million, 2018-2030)
- Fully Synthetic Data
- Partially Synthetic Data
- Hybrid Synthetic Data
- Global Synthetic Data Generation Application Outlook (Revenue, USD Million, 2018-2030)
- Data Protection
- Data Sharing
- Predictive Analytics
- Natural Language Processing
- Computer Vision Algorithms
- Others
- Global Synthetic Data Generation End Use Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Healthcare & Life Sciences
- Transportation & Logistics
- IT & Telecommunication
- Retail and E-commerce
- Manufacturing
- Consumer Electronics
- Others
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Target buyers of Global synthetic data generation market databook
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Our clientele includes a mix of synthetic data generation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global synthetic data generation market , including forecasts for subscribers. This global databook contains high-level insights into Global synthetic data generation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global synthetic data generation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Synthetic data generation market size, 2023 (US$M)
Global synthetic data generation market share, by data type, 2023 & 2030 (%, US$M)
Synthetic data generation market: Opportunity assessment by country
Global synthetic data generation market, by region, 2023 (US$M)
Related statistics
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