Europe Synthetic Data Generation Market Size & Outlook
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Europe synthetic data generation market highlights
- The Europe synthetic data generation market generated a revenue of USD 58.2 million in 2023.
- The market is expected to grow at a CAGR of 36.4% from 2024 to 2030.
- In terms of segment, tabular data was the largest revenue generating data type in 2023.
- Image & Video Data is the most lucrative data type segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 58.2 million |
| Market revenue in 2030 | USD 506.2 million |
| Growth rate | 36.4% (CAGR from 2024 to 2030) |
| Largest segment | Tabular data |
| Fastest growing segment | Image & Video Data |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tabular Data, Text Data, Image & Video Data |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.7% of the global synthetic data generation market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 608.5 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 |
| 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 |
Europe 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 51.37% in 2023. Horizon Databook has segmented the Europe 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.
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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 continent-level data and insights on the Europe synthetic data generation market , including forecasts for subscribers. This continent databook contains high-level insights into Europe synthetic data generation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe synthetic data generation market size, by country, 2018-2030 (US$M)
Europe Synthetic Data Generation Market Outlook Share, 2023 & 2030 (US$M)
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