South Korea Synthetic Data Generation Market Size & Outlook
South Korea synthetic data generation market, 2018-2030 (US$M)
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South Korea synthetic data generation market highlights
- The South Korea synthetic data generation market generated a revenue of USD 4.5 million in 2023 and is expected to reach USD 41.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 37.5% from 2024 to 2030.
- In terms of segment, healthcare was the largest revenue generating end-user in 2023.
- Retail & E-commerce 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 4.5 million |
| Market revenue in 2030 | USD 41.9 million |
| Growth rate | 37.5% (CAGR from 2023 to 2030) |
| Largest segment | Healthcare |
| Fastest growing segment | Retail & E-commerce |
| 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, South Korea accounted for 2.1% 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 |
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South Korea 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 22.22% in 2023. Horizon Databook has segmented the South Korea 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.
- South Korea Synthetic Data Generation End-user Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- IT & Telecommunication
- Healthcare
- Retail & E-commerce
- Others
- South Korea 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 South Korea synthetic data generation market , including forecasts for subscribers. This country databook contains high-level insights into South Korea synthetic data generation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea synthetic data generation market size, by end-user, 2018-2030 (US$M)
South Korea Synthetic Data Generation Market Outlook Share, 2023 & 2030 (US$M)
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