Synthetic Data Generation Market

The synthetic data generation market provides artificially created datasets that mimic real-world data without containing sensitive information. Key customers are businesses across diverse industries, including financial services, healthcare, and technology, that use the data to test software, train AI models, and run simulations. The market's growth is primarily driven by the increasing need to comply with global data protection regulations, enhance data privacy, and accelerate innovation by providing a secure and flexible alternative to using real-world data.