Synthetic Data Market Report 2030: Key Insights You Need to Know

According to the study by Next Move Strategy Consulting, the global Synthetic Data Market is predicted to reach USD 2.63 billion with a CAGR of 38.2% by 2030.

The synthetic data market, also known as artificial data market refers to the creation of artificial data that emulates the characteristics of real-world data without involving actual personal or event-based information. 

The global shift towards digitalization across the globe is driving the synthetic data market growth as organizations embrace digital transformation and seek diverse data solutions to advance artificial intelligence (AI), machine language (ML) and other emerging technologies.

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