Australia Synthetic Data Generation Market Size & Outlook
Related Markets
Australia synthetic data generation market highlights
- The Australia synthetic data generation market generated a revenue of USD 4.0 million in 2023 and is expected to reach USD 36.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 37.4% from 2024 to 2030.
- In terms of segment, healthcare was the largest revenue generating end-user in 2023.
- BFSI is the most lucrative end-user segment registering the fastest growth during the forecast period.
Synthetic data generation market data book summary
| Market revenue in 2023 | USD 4.0 million |
| Market revenue in 2030 | USD 36.9 million |
| Growth rate | 37.4% (CAGR from 2023 to 2030) |
| Largest segment | Healthcare |
| Fastest growing segment | BFSI |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | BFSI, IT & Telecommunication, Healthcare, Retail & E-commerce |
| Key market players worldwide | Ekobit, MOSTLY AI, Synthesis AI, Statice, YData, Hazy, Kymera Labs, MDClone, Neuromation.io, Twenty Billion Neurons, Datagen Technologies, Informatica Inc, Kinetic Vision |
Other key industry trends
- In terms of revenue, Australia accounted for 1.8% of the global synthetic data generation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India synthetic data generation market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific 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 |
| Datagen Technologies | View profile | 51-100 | Tel Aviv, Tel Aviv, Israel, Asia | https://datagen.tech/ |
| Twenty Billion Neurons | View profile | 11-50 | Berlin, Berlin, Germany, Europe | https://20bn.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/ |
| Kymera Labs | View profile | 1-10 | Tel Aviv, Tel Aviv, Israel, Asia | https://www.kymera-labs.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 |
Australia 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 22.5% in 2023. Horizon Databook has segmented the Australia 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.
- Australia Synthetic Data Generation End-user Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- IT & Telecommunication
- Healthcare
- Retail & E-commerce
- Others
- Australia Synthetic Data Generation Data Type Outlook (Revenue, USD Million, 2018-2030)
- Text
- Image/Video
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia synthetic data generation market , including forecasts for subscribers. This country databook contains high-level insights into Australia synthetic data generation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia synthetic data generation market size, by end-user, 2018-2030 (US$M)
Australia Synthetic Data Generation Market Outlook Share, 2023 & 2030 (US$M)
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