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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
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)
- IT & Telecommunication
- Retail & E-commerce
- BFSI
- Healthcare
- Others
- Global Synthetic Data Generation Data Type Outlook (Revenue, USD Million, 2018-2030)
- Image/Video
- Text
- Others
Reasons to subscribe to Global synthetic data generation market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global synthetic data generation market databook
-
Our clientele includes a mix of synthetic data generation market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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 statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
