The Rise of Synthetic Data Generation Market: A $2.1 billion Industry Dominated by Microsoft (US), G
Sheetal2305 May, 2025Technology
MarketsandMarkets forecasts the global Synthetic Data Generation Market size to grow from USD 0.3 billion in 2023 to USD 2.1 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 45.7% during the forecast period. The growth of the synthetic data generation market can be attributed to several factors, including increasing concerns about data privacy and security.
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