The Asia Pacific Synthetic Data Generation Market would witness market growth of 35.3% CAGR during the forecast period (2022-2028).
The artificial intelligence system is presented with a dataset of real data and trains to generate artificial data that retains the original dataset's general qualities. As a means of safeguarding patient privacy and enhancing clinical research, synthetic data has drawn considerable attention. Synthetic data allows for the creation of phony patient records and medical imaging that is really non-identifiable because the content does not pertain to a real person.
In a sense, synthetic data is a derivation of the original actual data, but no one synthetic data point can be associated with a single real data point. The generation of synthetic data held significant promise for enhancing clinical research, protecting patient privacy, and diversifying databases. Furthermore, the emergence of synthetic data has also developed an industry of companies aiming to monetize phony data and facilitate cross-border data sharing.
The adoption of artificial intelligence is increasing majorly throughout the region. More than one-third of China's AI market is covered by the finance, retail, and high-tech industries, where AI adoption is significant. In the tech industry, for instance, ByteDance and Alibaba, both household names in China, are renowned for their highly tailored AI-driven consumer applications. In fact, the majority of AI applications that have been extensively embraced in China to date have been in consumer-facing businesses, driven by the world's largest internet user base and the capacity to engage with customers in novel ways to boost revenue, customer loyalty, and market valuations.
The China market dominated the Asia Pacific Synthetic Data Generation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $66,038 Thousands by 2028.The Japan market is estimated to grow a CAGR of 34.5% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 36.2% during (2022 - 2028).
Based on Application, the market is segmented into Natural Language Processing, Data Protection, Predictive Analytics, Computer Vision Algorithms and Data Sharing & Others. Based on Offering, the market is segmented into Fully Synthetic Data, Partially Synthetic Data and Hybrid Synthetic Data. Based on Data Type, the market is segmented into Tabular Data, Text Data, Image & Video Data and Others. Based on Modeling Type, the market is segmented into Agent-based Modeling and Direct Modeling. Based on End-use, the market is segmented into Healthcare & Life sciences, IT & Telecommunication, Transportation & Logistics, Retail & E-commerce, BFSI, Consumer Electronics and Manufacturing & Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Synthetic Data Generation Market is Projected to reach USD 880.2 Million by 2028, at a CAGR of 34.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kinetic Vision, Inc. (Deep Vision Data), MOSTLY AI Solutions MP GmbH, Synthesis AI, Inc., Statice GmbH, YData, Ekobit d.o.o, Hazy Limited, Kymera-labs, MDClone Limited, and Neuromation.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Natural Language Processing
- Data Protection
- Predictive Analytics
- Computer Vision Algorithms
- Data Sharing & Others
By Offering
- Fully Synthetic Data
- Partially Synthetic Data
- Hybrid Synthetic Data
By Data Type
- Tabular Data
- Text Data
- Image & Video Data
- Others
By Modeling Type
- Agent-based Modeling
- Direct Modeling
By End-use
- Healthcare & Life sciences
- IT & Telecommunication
- Transportation & Logistics
- Retail & E-commerce
- BFSI
- Consumer Electronics
- Manufacturing & Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Kinetic Vision, Inc. (Deep Vision Data)
- MOSTLY AI Solutions MP GmbH
- Synthesis AI, Inc.
- Statice GmbH
- YData
- Ekobit d.o.o
- Hazy Limited
- Kymera-labs
- MDClone Limited
- Neuromation
TABLE 1 Asia Pacific Synthetic Data Generation Market, 2018 - 2021, USD Thousands
TABLE 2 Asia Pacific Synthetic Data Generation Market, 2022 - 2028, USD Thousands
TABLE 3 Asia Pacific Synthetic Data Generation Market by Application, 2018 - 2021, USD Thousands
TABLE 4 Asia Pacific Synthetic Data Generation Market by Application, 2022 - 2028, USD Thousands
TABLE 5 Asia Pacific Natural Language Processing Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Asia Pacific Natural Language Processing Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Asia Pacific Data Protection Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Asia Pacific Data Protection Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Asia Pacific Predictive Analytics Market by Country, 2018 - 2021, USD Thousands
TABLE 10 Asia Pacific Predictive Analytics Market by Country, 2022 - 2028, USD Thousands
TABLE 11 Asia Pacific Computer Vision Algorithms Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Asia Pacific Computer Vision Algorithms Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Asia Pacific Data Sharing & Others Market by Country, 2018 - 2021, USD Thousands
TABLE 14 Asia Pacific Data Sharing & Others Market by Country, 2022 - 2028, USD Thousands
TABLE 15 Asia Pacific Synthetic Data Generation Market by Offering, 2018 - 2021, USD Thousands
TABLE 16 Asia Pacific Synthetic Data Generation Market by Offering, 2022 - 2028, USD Thousands
TABLE 17 Asia Pacific Fully Synthetic Data Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Asia Pacific Fully Synthetic Data Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Asia Pacific Partially Synthetic Data Market by Country, 2018 - 2021, USD Thousands
TABLE 20 Asia Pacific Partially Synthetic Data Market by Country, 2022 - 2028, USD Thousands
TABLE 21 Asia Pacific Hybrid Synthetic Data Market by Country, 2018 - 2021, USD Thousands
TABLE 22 Asia Pacific Hybrid Synthetic Data Market by Country, 2022 - 2028, USD Thousands
TABLE 23 Asia Pacific Synthetic Data Generation Market by Data Type, 2018 - 2021, USD Thousands
TABLE 24 Asia Pacific Synthetic Data Generation Market by Data Type, 2022 - 2028, USD Thousands
TABLE 25 Asia Pacific Tabular Data Market by Country, 2018 - 2021, USD Thousands
TABLE 26 Asia Pacific Tabular Data Market by Country, 2022 - 2028, USD Thousands
TABLE 27 Asia Pacific Text Data Market by Country, 2018 - 2021, USD Thousands
TABLE 28 Asia Pacific Text Data Market by Country, 2022 - 2028, USD Thousands
TABLE 29 Asia Pacific Image & Video Data Market by Country, 2018 - 2021, USD Thousands
TABLE 30 Asia Pacific Image & Video Data Market by Country, 2022 - 2028, USD Thousands
TABLE 31 Asia Pacific Others Market by Country, 2018 - 2021, USD Thousands
TABLE 32 Asia Pacific Others Market by Country, 2022 - 2028, USD Thousands
TABLE 33 Asia Pacific Synthetic Data Generation Market by Modeling Type, 2018 - 2021, USD Thousands
TABLE 34 Asia Pacific Synthetic Data Generation Market by Modeling Type, 2022 - 2028, USD Thousands
TABLE 35 Asia Pacific Agent-based Modeling Market by Country, 2018 - 2021, USD Thousands
TABLE 36 Asia Pacific Agent-based Modeling Market by Country, 2022 - 2028, USD Thousands
TABLE 37 Asia Pacific Direct Modeling Market by Country, 2018 - 2021, USD Thousands
TABLE 38 Asia Pacific Direct Modeling Market by Country, 2022 - 2028, USD Thousands
TABLE 39 Asia Pacific Synthetic Data Generation Market by End-use, 2018 - 2021, USD Thousands
TABLE 40 Asia Pacific Synthetic Data Generation Market by End-use, 2022 - 2028, USD Thousands
TABLE 41 Asia Pacific Healthcare & Life sciences Market by Country, 2018 - 2021, USD Thousands
TABLE 42 Asia Pacific Healthcare & Life sciences Market by Country, 2022 - 2028, USD Thousands
TABLE 43 Asia Pacific IT & Telecommunication Market by Country, 2018 - 2021, USD Thousands
TABLE 44 Asia Pacific IT & Telecommunication Market by Country, 2022 - 2028, USD Thousands
TABLE 45 Asia Pacific Transportation & Logistics Market by Country, 2018 - 2021, USD Thousands
TABLE 46 Asia Pacific Transportation & Logistics Market by Country, 2022 - 2028, USD Thousands
TABLE 47 Asia Pacific Retail & E-commerce Market by Country, 2018 - 2021, USD Thousands
TABLE 48 Asia Pacific Retail & E-commerce Market by Country, 2022 - 2028, USD Thousands
TABLE 49 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Thousands
TABLE 50 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Thousands
TABLE 51 Asia Pacific Consumer Electronics Market by Country, 2018 - 2021, USD Thousands
TABLE 52 Asia Pacific Consumer Electronics Market by Country, 2022 - 2028, USD Thousands
TABLE 53 Asia Pacific Manufacturing & Others Market by Country, 2018 - 2021, USD Thousands
TABLE 54 Asia Pacific Manufacturing & Others Market by Country, 2022 - 2028, USD Thousands
TABLE 55 Asia Pacific Synthetic Data Generation Market by Country, 2018 - 2021, USD Thousands
TABLE 56 Asia Pacific Synthetic Data Generation Market by Country, 2022 - 2028, USD Thousands
TABLE 57 China Synthetic Data Generation Market, 2018 - 2021, USD Thousands
TABLE 58 China Synthetic Data Generation Market, 2022 - 2028, USD Thousands
TABLE 59 China Synthetic Data Generation Market by Application, 2018 - 2021, USD Thousands
TABLE 60 China Synthetic Data Generation Market by Application, 2022 - 2028, USD Thousands
TABLE 61 China Synthetic Data Generation Market by Offering, 2018 - 2021, USD Thousands
TABLE 62 China Synthetic Data Generation Market by Offering, 2022 - 2028, USD Thousands
TABLE 63 China Synthetic Data Generation Market by Data Type, 2018 - 2021, USD Thousands
TABLE 64 China Synthetic Data Generation Market by Data Type, 2022 - 2028, USD Thousands
TABLE 65 China Synthetic Data Generation Market by Modeling Type, 2018 - 2021, USD Thousands
TABLE 66 China Synthetic Data Generation Market by Modeling Type, 2022 - 2028, USD Thousands
TABLE 67 China Synthetic Data Generation Market by End-use, 2018 - 2021, USD Thousands
TABLE 68 China Synthetic Data Generation Market by End-use, 2022 - 2028, USD Thousands
TABLE 69 Japan Synthetic Data Generation Market, 2018 - 2021, USD Thousands
TABLE 70 Japan Synthetic Data Generation Market, 2022 - 2028, USD Thousands
TABLE 71 Japan Synthetic Data Generation Market by Application, 2018 - 2021, USD Thousands
TABLE 72 Japan Synthetic Data Generation Market by Application, 2022 - 2028, USD Thousands
TABLE 73 Japan Synthetic Data Generation Market by Offering, 2018 - 2021, USD Thousands
TABLE 74 Japan Synthetic Data Generation Market by Offering, 2022 - 2028, USD Thousands
TABLE 75 Japan Synthetic Data Generation Market by Data Type, 2018 - 2021, USD Thousands
TABLE 76 Japan Synthetic Data Generation Market by Data Type, 2022 - 2028, USD Thousands
TABLE 77 Japan Synthetic Data Generation Market by Modeling Type, 2018 - 2021, USD Thousands
TABLE 78 Japan Synthetic Data Generation Market by Modeling Type, 2022 - 2028, USD Thousands
TABLE 79 Japan Synthetic Data Generation Market by End-use, 2018 - 2021, USD Thousands
TABLE 80 Japan Synthetic Data Generation Market by End-use, 2022 - 2028, USD Thousands
TABLE 81 India Synthetic Data Generation Market, 2018 - 2021, USD Thousands
TABLE 82 India Synthetic Data Generation Market, 2022 - 2028, USD Thousands
TABLE 83 India Synthetic Data Generation Market by Application, 2018 - 2021, USD Thousands
TABLE 84 India Synthetic Data Generation Market by Application, 2022 - 2028, USD Thousands
TABLE 85 India Synthetic Data Generation Market by Offering, 2018 - 2021, USD Thousands
TABLE 86 India Synthetic Data Generation Market by Offering, 2022 - 2028, USD Thousands
TABLE 87 India Synthetic Data Generation Market by Data Type, 2018 - 2021, USD Thousands
TABLE 88 India Synthetic Data Generation Market by Data Type, 2022 - 2028, USD Thousands
TABLE 89 India Synthetic Data Generation Market by Modeling Type, 2018 - 2021, USD Thousands
TABLE 90 India Synthetic Data Generation Market by Modeling Type, 2022 - 2028, USD Thousands
TABLE 91 India Synthetic Data Generation Market by End-use, 2018 - 2021, USD Thousands
TABLE 92 India Synthetic Data Generation Market by End-use, 2022 - 2028, USD Thousands
TABLE 93 South Korea Synthetic Data Generation Market, 2018 - 2021, USD Thousands
TABLE 94 South Korea Synthetic Data Generation Market, 2022 - 2028, USD Thousands
TABLE 95 South Korea Synthetic Data Generation Market by Application, 2018 - 2021, USD Thousands
TABLE 96 South Korea Synthetic Data Generation Market by Application, 2022 - 2028, USD Thousands
TABLE 97 South Korea Synthetic Data Generation Market by Offering, 2018 - 2021, USD Thousands
TABLE 98 South Korea Synthetic Data Generation Market by Offering, 2022 - 2028, USD Thousands
TABLE 99 South Korea Synthetic Data Generation Market by Data Type, 2018 - 2021, USD Thousands
TABLE 100 South Korea Synthetic Data Generation Market by Data Type, 2022 - 2028, USD Thousands
TABLE 101 South Korea Synthetic Data Generation Market by Modeling Type, 2018 - 2021, USD Thousands
TABLE 102 South Korea Synthetic Data Generation Market by Modeling Type, 2022 - 2028, USD Thousands
TABLE 103 South Korea Synthetic Data Generation Market by End-use, 2018 - 2021, USD Thousands
TABLE 104 South Korea Synthetic Data Generation Market by End-use, 2022 - 2028, USD Thousands
TABLE 105 Singapore Synthetic Data Generation Market, 2018 - 2021, USD Thousands
TABLE 106 Singapore Synthetic Data Generation Market, 2022 - 2028, USD Thousands
TABLE 107 Singapore Synthetic Data Generation Market by Application, 2018 - 2021, USD Thousands
TABLE 108 Singapore Synthetic Data Generation Market by Application, 2022 - 2028, USD Thousands
TABLE 109 Singapore Synthetic Data Generation Market by Offering, 2018 - 2021, USD Thousands
TABLE 110 Singapore Synthetic Data Generation Market by Offering, 2022 - 2028, USD Thousands
TABLE 111 Singapore Synthetic Data Generation Market by Data Type, 2018 - 2021, USD Thousands
TABLE 112 Singapore Synthetic Data Generation Market by Data Type, 2022 - 2028, USD Thousands
TABLE 113 Singapore Synthetic Data Generation Market by Modeling Type, 2018 - 2021, USD Thousands
TABLE 114 Singapore Synthetic Data Generation Market by Modeling Type, 2022 - 2028, USD Thousands
TABLE 115 Singapore Synthetic Data Generation Market by End-use, 2018 - 2021, USD Thousands
TABLE 116 Singapore Synthetic Data Generation Market by End-use, 2022 - 2028, USD Thousands
TABLE 117 Malaysia Synthetic Data Generation Market, 2018 - 2021, USD Thousands
TABLE 118 Malaysia Synthetic Data Generation Market, 2022 - 2028, USD Thousands
TABLE 119 Malaysia Synthetic Data Generation Market by Application, 2018 - 2021, USD Thousands
TABLE 120 Malaysia Synthetic Data Generation Market by Application, 2022 - 2028, USD Thousands
TABLE 121 Malaysia Synthetic Data Generation Market by Offering, 2018 - 2021, USD Thousands
TABLE 122 Malaysia Synthetic Data Generation Market by Offering, 2022 - 2028, USD Thousands
TABLE 123 Malaysia Synthetic Data Generation Market by Data Type, 2018 - 2021, USD Thousands
TABLE 124 Malaysia Synthetic Data Generation Market by Data Type, 2022 - 2028, USD Thousands
TABLE 125 Malaysia Synthetic Data Generation Market by Modeling Type, 2018 - 2021, USD Thousands
TABLE 126 Malaysia Synthetic Data Generation Market by Modeling Type, 2022 - 2028, USD Thousands
TABLE 127 Malaysia Synthetic Data Generation Market by End-use, 2018 - 2021, USD Thousands
TABLE 128 Malaysia Synthetic Data Generation Market by End-use, 2022 - 2028, USD Thousands
TABLE 129 Rest of Asia Pacific Synthetic Data Generation Market, 2018 - 2021, USD Thousands
TABLE 130 Rest of Asia Pacific Synthetic Data Generation Market, 2022 - 2028, USD Thousands
TABLE 131 Rest of Asia Pacific Synthetic Data Generation Market by Application, 2018 - 2021, USD Thousands
TABLE 132 Rest of Asia Pacific Synthetic Data Generation Market by Application, 2022 - 2028, USD Thousands
TABLE 133 Rest of Asia Pacific Synthetic Data Generation Market by Offering, 2018 - 2021, USD Thousands
TABLE 134 Rest of Asia Pacific Synthetic Data Generation Market by Offering, 2022 - 2028, USD Thousands
TABLE 135 Rest of Asia Pacific Synthetic Data Generation Market by Data Type, 2018 - 2021, USD Thousands
TABLE 136 Rest of Asia Pacific Synthetic Data Generation Market by Data Type, 2022 - 2028, USD Thousands
TABLE 137 Rest of Asia Pacific Synthetic Data Generation Market by Modeling Type, 2018 - 2021, USD Thousands
TABLE 138 Rest of Asia Pacific Synthetic Data Generation Market by Modeling Type, 2022 - 2028, USD Thousands
TABLE 139 Rest of Asia Pacific Synthetic Data Generation Market by End-use, 2018 - 2021, USD Thousands
TABLE 140 Rest of Asia Pacific Synthetic Data Generation Market by End-use, 2022 - 2028, USD Thousands
TABLE 141 Key Information – Kinetic Vision, Inc.
TABLE 142 Key Information – MOSTLY AI Solutions MP GmbH
TABLE 143 Key Information – Synthesis AI, Inc.
TABLE 144 Key Information – Statice GmbH
TABLE 145 Key Information – YData
TABLE 146 Key Information – Ekobit d.o.o
TABLE 147 Key Information – Hazy Limited
TABLE 148 Key Information – Kymera-labs
TABLE 149 Key Information – MDClone Limited
TABLE 150 Key Information – Neuromation
List of Figures
FIG 1 Methodology for the research