Press release
Synthetic Data Generation Market Demand, Opportunities, Future Scope, Size, Share, Growth and Forecast to 2028

Microsoft (US), Google (US), IBM (US), AWS (US), NVIDIA (US), OpenAI (US), Informatica (US), Broadcom (US), Sogeti (France), Mphasis (India), Databricks (US), MOSTLY AI (Austria), Tonic (US), MDClone (Israel) TCS (India), Hazy (UK), Synthesia (UK), Synthe
The global synthetic data generation market [https://www.marketsandmarkets.com/Market-Reports/synthetic-data-generation-market-176419553.html?utm_campaign=synthetic-data-generation-market&utm_source=abnewswire.com&utm_medium=paidpr] is projected to expand from USD 0.3 billion in 2023 to USD 2.1 billion by 2028, achieving a Compound Annual Growth Rate (CAGR) of 45.7% during the forecast period.
Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=176419553 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=176419553&utm_campaign=synthetic-data-generation-market&utm_source=abnewswire.com&utm_medium=paidpr]
The global synthetic data generation market has various applications such as data democratization, AI/ML training and development, data anonymization, test data management, enterprise data sharing, data analytics and visualization, data monetization, and others. The major end-users of the Synthetic Data Generation market include BFSI, Healthcare & Life sciences, Retail & E-commerce, Automotive & Transportation, Government & Defense, IT and ITeS, Energy and Utilities, Manufacturing, and Other Verticals.
Stricter regulations, and limitations on the use of real-world data due to increasing concerns about data privacy and security have created a demand for synthetic data as a viable alternative. Synthetic data generation enables organizations to generate and utilize data without compromising sensitive information, addressing real-world data privacy and security challenges. Businesses are increasingly relying on data-driven decision-making to gain a competitive edge.
Among vertical, the BFSI segment is expected to dominate the market during the forecast period
Based on vertical, the BFSI segment of the synthetic data generation market is projected to hold a larger market size during the forecast period. The adoption of synthetic data generation drives the BFSI (Banking, Financial Services, and Insurance) vertical due to increasing concerns about data privacy and compliance regulations. Synthetic data provides a solution for generating realistic datasets without compromising sensitive information, allowing organizations in the BFSI sector to meet regulatory requirements. It enables improved risk management, fraud detection, model development, and customer analytics, facilitating more accurate predictions.
By data type, image and video segment to record the highest market share during the forecast period
Image and video data represent visual information in the form of images and videos. Synthetic data generation for image and video data involves creating artificial visual content that simulates real-world scenarios. This process is driven by the need for training computer vision models, object detection, image recognition, and video analysis. Synthetic image and video data enable organizations to generate diverse datasets that cover a wide range of scenarios, lighting conditions, and object variations. It supports the development and validation of algorithms for autonomous vehicles, surveillance systems, medical imaging, and virtual reality applications.
Asia Pacific to record the highest growth during the forecast period.
The synthetic data generation market in the Asia Pacific region is experiencing significant growth driven by rapid digital transformation, increasing data privacy regulations, growing adoption of AI and ML technologies, rising cybersecurity concerns, and a thriving startup ecosystem. Organizations in the region are leveraging synthetic data generation to address data-driven challenges, comply with regulations, enhance AI and ML model performance, strengthen cybersecurity measures, and drive innovation. With the region's focus on digitalization and the emerging need for data-driven solutions, Asia Pacific's synthetic data generation market is poised for continued expansion and opportunities.
Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=176419553 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=176419553&utm_campaign=synthetic-data-generation-market&utm_source=abnewswire.com&utm_medium=paidpr]
Unique Features in the Synthetic Data Generation Market
Synthetic data generation plays a crucial role in maintaining data privacy and security. By creating artificial datasets that mimic real-world data without exposing sensitive information, it helps organizations adhere to privacy regulations such as GDPR and HIPAA, mitigating the risk of data breaches.
Synthetic data provides a cost-effective alternative to acquiring large volumes of real-world data. It allows businesses to generate vast datasets that are crucial for training AI and machine learning models, without the associated costs and complexities of collecting and annotating real data.
Synthetic data generation is highly adaptable and can be applied across various industries, including healthcare, finance, automotive, and retail. Its versatility allows for the creation of datasets tailored to specific industry needs, from medical imaging to financial transactions and autonomous vehicle simulations.
One of the key benefits of synthetic data is its ability to produce high-quality, labeled data for training and testing AI models. This ensures that machine learning algorithms can be trained on diverse, accurate datasets, improving their performance and generalization capabilities.
Synthetic data enables data augmentation, which helps to enhance the diversity and quantity of training datasets, particularly in cases where real-world data is scarce or imbalanced. It also assists in mitigating biases by generating balanced datasets that ensure more equitable AI model outcomes.
Major Highlights of the Synthetic Data Generation Market
Synthetic data is becoming an essential tool for AI and machine learning applications, as it provides vast, high-quality datasets for model training and testing. The demand for AI-driven solutions in sectors like healthcare, finance, and automotive is driving the market's expansion.
With increasing concerns about data privacy and security, synthetic data generation offers a viable solution to meet regulatory requirements such as GDPR. By producing data that mimics real-world information without revealing sensitive details, it allows companies to use and share data without compromising privacy.
The synthetic data generation market serves a wide range of industries, from healthcare (for medical imaging and patient data simulations) to automotive (for autonomous vehicle testing). Its adaptability to diverse applications positions it as a key enabler of innovation in multiple fields.
In many industries, obtaining large, diverse datasets is challenging due to data scarcity, particularly for rare events or sensitive topics. Synthetic data generation addresses this gap by creating custom datasets that simulate rare conditions, offering valuable data where it would otherwise be limited or inaccessible.
Synthetic data generation reduces the need for costly and time-consuming data collection processes. By generating large-scale datasets quickly, organizations can accelerate the development and testing of AI models and applications, significantly reducing both time-to-market and development costs.
Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=176419553 [https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=176419553&utm_campaign=synthetic-data-generation-market&utm_source=abnewswire.com&utm_medium=paidpr]
Top Companies in the Synthetic Data Generation Market
The key and emerging market players in the Synthetic Data Generation market include Microsoft (US), Google (US), IBM (US), AWS (US), NVIDIA (US), OpenAI (US), Informatica (US), Broadcom (US), Sogeti (France), Mphasis (India), Databricks (US), MOSTLY AI (Austria), Tonic (US), MDClone (Israel) TCS (India), Hazy (UK), Synthesia (UK), Synthesized (UK), Facteus (US), Anyverse (Spain), Neurolabs (Scotland), Rendered.ai (US), Gretel (US), OneView (Israel), GenRocket (US), YData (US), CVEDIA (UK), Syntheticus (Switzerland), AnyLogic (US), Bifrost AI (US), Anonos (US). These players have adopted various strategies to grow in the global Synthetic Data Generation market.
IBM is a multinational technology and consulting corporation offering infrastructure, hosting, and consulting services. The company operates through five major business divisions: Cloud and Cognitive Software, Global Business Services, Global Technology Services, Systems, and Global Financing. IBM Cloud has emerged as a platform of choice for all business applications, as it is AI-compatible. It is a unifying platform that integrates IBM's capabilities with a single architecture and spans public and private cloud platforms. With this powerful cloud platform, the company can cater to the requirements of different businesses worldwide. IBM caters to various verticals, including aerospace and defense, education, healthcare, oil & gas, automotive, electronics, insurance, retail and consumer products, banking and finance, energy and utilities, life sciences, telecommunications, media and entertainment, chemical, government, manufacturing, travel and transportation, construction, and metal and mining. The company has a strong presence in the Americas, Europe, the Middle East and Africa, and Asia Pacific, with clients in more than 175 countries. In the synthetic data generation market, IBM offers IBM InfoSphere Optim Test Data Fabrication solutions. InfoSphere Optim Test Data Fabrication help organization address the challenges of creating high-quality test data. The solution quickly and efficiently creates high-quality test data while minimizing the risks of using sensitive production data.
Amazon Web Services (AWS) is a subsidiary of Amazon and primarily offers cloud computing services in the form of web services. It offers a wide range of products and services to customers present in 190 countries. AWS' product portfolio comprises segments such as computer, storage, database, migration, network, content delivery, developer tools, management tools, media services, ML, and analytics. The solutions segment offers websites, web apps, mobile services, back-up, storage and archive, financial services, and digital media. The company caters to various industry verticals, including media and entertainment, automotive, education, BFSI, game tech, government, healthcare and life sciences, manufacturing, retail, telecommunications, oil & gas, and power utilities. It is currently operating in North America, Europe, Asia Pacific, the Middle East, and Latin America. In the synthetic data generation market the company offers, Amazon SageMaker Ground Truth synthetic data a turnkey data generation and labeling service that makes it quicker and more cost-effective for machine learning (ML) scientists to acquire images used to train computer vision (CV) models.
Microsoft (US) : Microsoft Corporation, headquartered in Redmond, Washington, is a global technology company renowned for its software products, including the Windows operating system and Office suite. Founded in 1975 by Bill Gates and Paul Allen, Microsoft has grown into one of the world's largest corporations, with a focus on cloud computing (Azure), hardware (Surface devices), and professional networking (LinkedIn). Microsoft's mission is to empower every person and every organization on the planet to achieve more, emphasizing innovation, accessibility, and sustainability in its products and operations.
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=synthetic-data-generation-market-demand-opportunities-future-scope-size-share-growth-and-forecast-to-2028]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/synthetic-data-generation-market-176419553.html
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Synthetic Data Generation Market Demand, Opportunities, Future Scope, Size, Share, Growth and Forecast to 2028 here
News-ID: 3748712 • Views: …
More Releases from ABNewswire

How to Pick the Best Online Chemistry Tutoring Platform
Image: https://www.abnewswire.com/upload/2025/10/814f4b38d9855ce5fcc0509bfebaa240.jpg
Choosing the right chemistry tutoring platform can make the difference between academic success and continued struggles with complex reactions and molecular structures. With students increasingly turning to digital solutions for personalized learning support, the online chemistry tutoring market has exploded with options promising everything from AI-powered progress tracking to virtual lab experiences that transform how learners approach this challenging subject.
Essential Platform Features for Effective Online Chemistry Tutoring
Modern chemistry tutoring…

Chronic Myeloid Leukemia Pipeline Drugs Report 2025: Emerging Therapies, Clinica …
DelveInsight's "Chronic Myeloid Leukemia Pipeline Insight 2025" report provides comprehensive insights about 20+ companies and 20+ pipeline drugs in the Chronic Myeloid Leukemia pipeline landscape. It covers the Chronic Myeloid Leukemia Pipeline drug profiles, including clinical and nonclinical stage products. It also covers the Chronic Myeloid Leukemia Pipeline Therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
Curious…

Diabetic Retinopathy Pipeline Drugs Report 2025: Emerging Therapies, Clinical De …
DelveInsight's, "Diabetic Retinopathy Pipeline Insights 2025" report provides comprehensive insights about 50+ companies and 55+ pipeline drugs in the Diabetic Retinopathy pipeline landscape. It covers the Diabetic Retinopathy pipeline drug profiles, including clinical and nonclinical stage products. It also covers the Diabetic Retinopathy pipeline therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
Explore the comprehensive insights by…

Diabetic Macular Edema Pipeline Outlook Report 2025: Emerging Therapies, Clinica …
DelveInsight's, "Diabetic Macular Edema Pipeline Insight 2025" report provides comprehensive insights about 45+ companies and 50+ pipeline drugs in Diabetic Macular Edema pipeline landscape. It covers the Diabetic Macular Edema pipeline drug profiles, including clinical and nonclinical stage products. It also covers the Diabetic Macular Edema pipeline therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
Explore our…
More Releases for Synthetic
Synthetic Diamond Market Report 2024 - Synthetic Diamond Market Trends, Drivers …
"The Business Research Company recently released a comprehensive report on the Global Synthetic Diamond Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Synthetic Biology Market - Engineering life's possibilities: Synthetic biology s …
Newark, New Castle, USA: The "Synthetic Biology Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Synthetic Biology Market: https://www.growthplusreports.com/report/synthetic-biology-market/7970
This latest report researches the industry structure, sales, revenue,…
Global Synthetic Dye and Pigment Market, Global Synthetic Dye and Pigment Indust …
The synthetic dyes and pigments market entails of the sales of synthetic dyes and pigments by several entities (organizations, sole traders or partnerships) that manufacture synthetic organic and inorganic dyes and pigments, such as lakes and toners (excluding electrostatic and photographic). Pigments that are gained from natural minerals as well as synthetic pigments are comprised in this market. Artificial food-coloring is also comprised in this market. Synthetic dyes and pigments…
Synthetic Camphor Market
Research Dive has added a new report on the global synthetic camphor market to its repository. According to the report, the global synthetic camphor market is anticipated to hit $448.1 million by rising at a CAGR of 5.9% from 2019 to 2027. This report highlights various the important factors of the market such as key market segments, market dynamics & statistics, boomers, restraints, market players, and investment opportunities. It is…
Synthetic Spider Silk Market
Market Overview:
Synthetic spider silk is an alternative to the conventional spider silk replicating the latter’s features such as energy-absorbent nature, elasticity and strength. Water content in synthetic spider silk amounts up to 98%. Synthetic spider silk is made from hydrogel, which comprises of 98% of water and 2% of silica and cellulose. Synthetic spider silk is weaker compared to its natural counterpart, however, they are far stronger compared to other…
Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report).
Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications…