Synthetic Data Generation: Global Markets

Report Code: IFT287A

Publish Date: Sep 2023

Publisher: BCC Publishing

Category: Information Technology

Download Report Overview

Single User License: $3500

Member Price: FREE

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The report provides an overview on the current size and anticipated growth of the overall synthetic data generation market and its related segments. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. The report focuses on the drivers and challenges that affect the market and the vendor landscape and also covers the leading solution providers, trends in end-user preferences and geographic market opportunities.

Report Includes

  • 26 data tables and 29 additional tables
  • An overview of the global markets for synthetic data generation
  • Estimation of market size and analyses of global market trends, with data from 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
  • Evaluation and forecast the synthetic data generation market size in dollar value terms, and corresponding market share analysis by component, deployment, data type, industry, and region
  • Assessment of the key drivers and constraints that will shape the market for synthetic data generation and discussion on the upcoming market opportunities and areas of focus to forecast the market into various segments and sub-segments
  • Identification of the companies best positioned to meet this demand because of their proprietary technologies, strategic alliances, or other advantages
  • Review of the key patent grants and new technologies in the synthetic data generation sector
  • Insight into the recent industry strategies, such as M&A deals, joint ventures, collaborations, and license agreements currently focused on synthetic data generation products and services
  • Company profiles of major players within the industry, including Amazon Inc., Google Inc., IBM Corp., and Microsoft Corp.

Report Scope

The report provides an overview of the global market for synthetic data generation, and a detailed analysis of the products and strategies of the companies in the market. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. Revenue forecasts for this period are segmented based on component, deployment, data type, industry and region.

The report also focuses on the drivers and challenges that affect the market and the vendor landscape. The report looks at the current trends in the global market, and concludes with profiles of the major players in the market.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $381.3 million
Market size forecast $2.1 billion
Growth rate CAGR of 33.1% for the forecast period of 2023-2028
Units considered $ Millions
Segments covered Component, Deployment, Data Type, Industry
Regions covered North America, Europe, Asia-Pacific, Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Rest of Europe, China, India, Japan, Rest of Asia-Pacific
Key Market Drivers
  • Increasing Demand for Data Privacy and Compliance
  • Increasing Adoption of AI and ML
Companies studied
AMAZON.COM INC.BROADCOM
DATABRICKSGOOGLE INC. (ALPHABET INC.)
IBM CORP.INFORMATICA LLC.
MICROSOFT CORP.MOSTLY AI SOLUTIONS MP GMBH
MPHASIS LTD.NVIDIA CORP.
OPENAI LPSOGETI (DIVISION OF CAPGEMINI GROUP)
SYNTHESIA LTD.
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The global synthetic data generation market is projected to grow from $381.3 million in 2022 to $2.1 billion in 2028, at a compound annual growth rate (CAGR) of 33.1% during the forecast period.
The key factors driving the growth of synthetic data generation market includes increasing demand for data privacy and compliance and increasing adoption of Artificial intelligence (AI) and Machine Learning (ML).
The global synthetic data generation market is segmented based on component, deployment, data type, industry vertical, and region.
Healthcare segment will dominate the market by the end of 2028.
Key companies in the market includes Amazon Inc., Broadcom Inc., Databricks Inc., Google Inc., IBM Corporation, Informatica Inc., Microsoft Corp., Mostly AI, Mphasis Ltd., Nvidia Corporation, OpenAI, Sogeti (Capgemini Group), and Synthesia Ltd.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. REACH OUT TO US TODAY

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Synthetic Data Generation: Global Markets67Free

Related Reports

Global High Performance Computing Market

Published - Dec 2023 | Publisher - BCC Publishing | Code - IFT297A

The report provides an overview of the global high performance computing market size analysis and a detailed analysis of the market player’s products and strategies. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. Revenue forecasts for this period are segmented based on component, deployment, organization size, industry, and geography. The report also focuses on the significant driving trends and challenges that affect the market and the vendor landscape.

Natural Language Processing (NLP): Global Market Analysis and Insights

Published - Aug 2023 | Publisher - BCC Publishing | Code - IFT280A

The global natural language processing (NLP) market should reach $92.7 billion by 2028 from $29.1 billion in 2023 at a compound annual growth rate (CAGR) of 26.1% for the forecast period of 2023 to 2028.

Metaverse: Global Market Size, Trends and Forecast (2022-2027)

Published - Feb 2023 | Publisher - BCC Publishing | Code - IFT259A

The global metaverse market is estimated to increase from $52.9 billion in 2022 to reach $231.0 billion by 2027, at a compound annual growth rate (CAGR) of 34.3% from 2022 through 2027.

Internet of Things (IoT) Security: Technologies and Global Markets

Published - Jan 2023 | Publisher - BCC Publishing | Code - IFT134C

The global IoT security technologies market should reach $24.1 billion by 2022 and $72.8 billion by 2027, with a compound annual growth rate (CAGR) of 24.8% during the forecast period of 2022-2027.

Recent Reports

AI in Oil and Gas: Global Markets and Technologies

Published - May 2024 | Publisher - Austin Samuel | Code - IFT305A

The global market for AI Technology in the Oil and Gas Sector is estimated to increase from $2.8 billion in 2023 to reach $5.1 billion by 2028, at a compound annual growth rate (CAGR) of 12.9% from 2023 through 2028.

Industrial IoT (IIoT): Global Markets

Published - May 2024 | Publisher - Masaratjahan Kudle | Code - IFT299A

The global market for IIoT is estimated to increase from $147.2 billion in 2023 to reach $391.8 billion by 2028, at a compound annual growth rate (CAGR) of 21.6% from 2023 through 2028.

Smart Home Technologies: Global Markets

Published - Feb 2024 | Publisher - Austin Samuel | Code - IFT151B

The global market for smart home technologies is expected to increase from $102.3 billion in 2023 to $166.7 billion by the end of 2028, with a compound annual growth rate (CAGR) of 10.3% during the forecast period of 2023-2028.

Global AI Camera Market

Published - Feb 2024 | Publisher - BCC Publishing | Code - IFT303A

This report provides an understanding of the artificial intelligence (AI) camera market and the driving factors behind its adoption. It identifies the potential areas of growth and obstacles related to AI cameras, as well as to highlights the areas that require improvement within the AI camera industry. In this report, the global market of AI cameras has been segmented based on offerings, product type, technology, end users, and geographical region.

Medical Kiosks: Global Market and Forecasts

Published - Jan 2024 | Publisher - BCC Publishing | Code - IFT302A

This report provides an outlook of the global medical kiosks market. It highlights the current and future market potential for global medical kiosks and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities and trends in the market, emerging technologies, future analysis and impact of wars on the market. The report covers market projections through 2028 and an analysis of company product portfolios of the key market players.

Top Trending Reports

Global Market for Cell and Gene Therapy

Published - Apr 2024 | Publisher - BCC Publishing | Code - BIO225B

The global market for cell and gene therapy is expected to grow from $7.2 billion in 2023 and projected to reach $23.3 billion by the end of 2028, at a compound annual growth rate (CAGR) of 26.4% during the forecast period of 2023 to 2028. 

Peptide Synthesis: Global Markets

Published - May 2024 | Publisher - BCC Publishing | Code - BIO252A

The global market for peptide synthesis is expected to grow from $90.1 billion in 2023 and projected to reach $157.5 billion by the end of 2028, at a compound annual growth rate (CAGR) of 11.8% during the forecast period of 2023 to 2028.

3D Cell Cultures: Technologies and Global Markets

Published - Mar 2024 | Publisher - BCC Publishing | Code - BIO140D

The global market for 3D cell culture is estimated to increase from $4.6 billion in 2023 to reach $14.8 billion by 2028, at a compound annual growth rate (CAGR) of 26.5% from 2023 through 2028.

Oligonucleotides: Global Markets

Published - Apr 2024 | Publisher - BCC Publishing | Code - BIO220B

The global market for oligonucleotides is expected to grow from $7.0 billion in 2023 and projected to reach $11.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 11.0% during the forecast period of 2023 to 2028.

Medical Magnetic Resonance Imaging (MRI): Technologies and Global Markets

Published - May 2024 | Publisher - BCC Publishing | Code - HLC078F

The global market for medical magnetic resonance imaging (MRI) is expected to grow from $7.2 billion in 2023 and projected to reach $9.8 billion by the end of 2028, at a compound annual growth rate (CAGR) of 6.4% during the forecast period of 2023 to 2028.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Synthetic Data Generation: Global Markets
Sample Report