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 218.3 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% by 2030.
- In terms of segment, healthcare accounted for a revenue of USD 50.4 million in 2023.
- Retail & E-commerce is the most lucrative end-user segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 218.3 million |
| Market revenue in 2030 | USD 1,788.1 million |
| Growth rate | 35% (CAGR from 2023 to 2030) |
| Largest segment | Healthcare |
| Fastest growing segment | Retail & E-commerce |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | BFSI, IT & Telecommunication, Healthcare, Retail & E-commerce |
Other key industry trends
- In terms of revenue, the North America accounted for 29.9% 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, U.S. is the fastest growing regional market and is projected to reach USD 337.9 million by 2030.
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Synthetic Data Generation Market Scope
Synthetic Data Generation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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.
Healthcare was the largest segment with a revenue share of 23.09% in 2023. Horizon Databook has segmented the Global synthetic data generation market based on bfsi, it & telecommunication, healthcare, retail & e-commerce covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Synthetic Data Generation End-user Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- IT & Telecommunication
- Healthcare
- Retail & E-commerce
- Others
- Global Synthetic Data Generation Data Type Outlook (Revenue, USD Million, 2018-2030)
- Text
- Image/Video
- 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.
Partial client list
Global synthetic data generation market size, by region, 2018-2030 (US$M)
Top 10 countries by Synthetic Data Generation Market revenue, 2023 (US$M)
Global synthetic data generation market share, by end-user, 2023 & 2030 (%, US$M)
Synthetic data generation market: Opportunity assessment by country
Global synthetic data generation market, by region, 2023 (US$M)
Related regional statistics
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