Global Synthetic Data Generation Market Size & Outlook

The global synthetic data generation market size was estimated at USD 218.4 million in 2023 and is projected to reach USD 1,788.1 million by 2030, growing at a CAGR of 35.3% from 2024 to 2030.
Revenue, 2023 (US$M)
$218.4
Forecast, 2030 (US$M)
$1,788.1
CAGR, 2024 - 2030
35.3%
Report Coverage
Worldwide

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 2023USD 218.4 million
Market revenue in 2030USD 1,788.1 million
Growth rate35.3% (CAGR from 2024 to 2030)
Largest segmentTabular data
Fastest growing segmentImage & Video Data
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTabular 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 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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  • Our clientele includes a mix of synthetic data generation market companies, investment firms, advisory firms & academic institutions.
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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.

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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)

Global synthetic data generation market size, by regions, 2018-2030 (US$M)

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