Europe Synthetic Data Generation Market Size, Share & Industry Trends Analysis Report By Application, By Offering, By Data Type, By Modeling Type (Agent-based Modeling and Direct Modeling), By End-use, By Country and Growth Forecast, 2022 - 2028

Europe Synthetic Data Generation Market Size, Share & Industry Trends Analysis Report By Application, By Offering, By Data Type, By Modeling Type (Agent-based Modeling and Direct Modeling), By End-use, By Country and Growth Forecast, 2022 - 2028

The Europe Synthetic Data Generation Market would witness market growth of 33.2% CAGR during the forecast period (2022-2028).

The utility of synthetic data is lower than that of genuine data. However, there are several instances where synthetic data is nearly as valuable as real data. To perform the data synthesis process, businesses can choose from a variety of methodologies, including decision trees, deep learning algorithms, and iterative proportional fitting. They should choose the method based on the requirements for synthetic data and the intended level of data utility for the specific purpose of data generation.

In circumstances when there is no actual data but the data analyst has a thorough grasp of how the distribution of the dataset would appear, the analyst can produce a random sample of any distribution, including Normal, Chi-square, Exponential, t, lognormal, and Uniform. In this method, the utility of synthetic data varies based on the analyst's familiarity with a particular data environment. After data synthesis, the utility of synthetic data should be evaluated by comparing it to actual data.

In the field of artificial intelligence in health care, the focus has been on deductive systems that examine information to discover patterns that would be impossible to implement. However, generative adversarial networks, a new form of artificial intelligence, have evolved more recently (GANs). GANs are a type of artificial intelligence designed to generate high-fidelity false data.

The electronics industry of the regional countries is very robust. According to the Government of the United Kingdom, each year, the electronics industry contributes £16 billion to the British economy. The industry has a robust intellectual property rights framework and legal structure, developed intellectual property rights development, the ability to rapidly deliver products to the market, a large software sector, and a research community comprised of universities, corporations, and industry.

The Germany market dominated the Europe Synthetic Data Generation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $55,316.5 Thousands by 2028.The UK market is anticipated to grow at a CAGR of 32.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 34.2% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • 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
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Synthetic Data Generation Market, by Application
1.4.2 Europe Synthetic Data Generation Market, by Offering
1.4.3 Europe Synthetic Data Generation Market, by Data Type
1.4.4 Europe Synthetic Data Generation Market, by Modeling Type
1.4.5 Europe Synthetic Data Generation Market, by End-use
1.4.6 Europe Synthetic Data Generation Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Synthetic Data Generation Market by Application
3.1 Europe Natural Language Processing Market by Country
3.2 Europe Data Protection Market by Country
3.3 Europe Predictive Analytics Market by Country
3.4 Europe Computer Vision Algorithms Market by Country
3.5 Europe Data Sharing & Others Market by Country
Chapter 4. Europe Synthetic Data Generation Market by Offering
4.1 Europe Fully Synthetic Data Market by Country
4.2 Europe Partially Synthetic Data Market by Country
4.3 Europe Hybrid Synthetic Data Market by Country
Chapter 5. Europe Synthetic Data Generation Market by Data Type
5.1 Europe Tabular Data Market by Country
5.2 Europe Text Data Market by Country
5.3 Europe Image & Video Data Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Synthetic Data Generation Market by Modeling Type
6.1 Europe Agent-based Modeling Market by Country
6.2 Europe Direct Modeling Market by Country
Chapter 7. Europe Synthetic Data Generation Market by End-use
7.1 Europe Healthcare & Life sciences Market by Country
7.2 Europe IT & Telecommunication Market by Country
7.3 Europe Transportation & Logistics Market by Country
7.4 Europe Retail & E-commerce Market by Country
7.5 Europe BFSI Market by Country
7.6 Europe Consumer Electronics Market by Country
7.7 Europe Manufacturing & Others Market by Country
Chapter 8. Europe Synthetic Data Generation Market by Country
8.1 Germany Synthetic Data Generation Market
8.1.1 Germany Synthetic Data Generation Market by Application
8.1.2 Germany Synthetic Data Generation Market by Offering
8.1.3 Germany Synthetic Data Generation Market by Data Type
8.1.4 Germany Synthetic Data Generation Market by Modeling Type
8.1.5 Germany Synthetic Data Generation Market by End-use
8.2 UK Synthetic Data Generation Market
8.2.1 UK Synthetic Data Generation Market by Application
8.2.2 UK Synthetic Data Generation Market by Offering
8.2.3 UK Synthetic Data Generation Market by Data Type
8.2.4 UK Synthetic Data Generation Market by Modeling Type
8.2.5 UK Synthetic Data Generation Market by End-use
8.3 France Synthetic Data Generation Market
8.3.1 France Synthetic Data Generation Market by Application
8.3.2 France Synthetic Data Generation Market by Offering
8.3.3 France Synthetic Data Generation Market by Data Type
8.3.4 France Synthetic Data Generation Market by Modeling Type
8.3.5 France Synthetic Data Generation Market by End-use
8.4 Russia Synthetic Data Generation Market
8.4.1 Russia Synthetic Data Generation Market by Application
8.4.2 Russia Synthetic Data Generation Market by Offering
8.4.3 Russia Synthetic Data Generation Market by Data Type
8.4.4 Russia Synthetic Data Generation Market by Modeling Type
8.4.5 Russia Synthetic Data Generation Market by End-use
8.5 Spain Synthetic Data Generation Market
8.5.1 Spain Synthetic Data Generation Market by Application
8.5.2 Spain Synthetic Data Generation Market by Offering
8.5.3 Spain Synthetic Data Generation Market by Data Type
8.5.4 Spain Synthetic Data Generation Market by Modeling Type
8.5.5 Spain Synthetic Data Generation Market by End-use
8.6 Italy Synthetic Data Generation Market
8.6.1 Italy Synthetic Data Generation Market by Application
8.6.2 Italy Synthetic Data Generation Market by Offering
8.6.3 Italy Synthetic Data Generation Market by Data Type
8.6.4 Italy Synthetic Data Generation Market by Modeling Type
8.6.5 Italy Synthetic Data Generation Market by End-use
8.7 Rest of Europe Synthetic Data Generation Market
8.7.1 Rest of Europe Synthetic Data Generation Market by Application
8.7.2 Rest of Europe Synthetic Data Generation Market by Offering
8.7.3 Rest of Europe Synthetic Data Generation Market by Data Type
8.7.4 Rest of Europe Synthetic Data Generation Market by Modeling Type
8.7.5 Rest of Europe Synthetic Data Generation Market by End-use
Chapter 9. Company Profiles
9.1 Kinetic Vision, Inc. (Deep Vision Data)
9.1.1 Company Overview
9.2 MOSTLY AI Solutions MP GmbH
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Product Launches and Product Expansions:
9.3 Synthesis AI, Inc.
9.3.1 Company Overview
9.4 Statice GmbH
9.4.1 Company Overview
9.5 YData
9.5.1 Company Overview
9.6 Ekobit d.o.o
9.6.1 Company Overview
9.7 Hazy Limited
9.7.1 Company Overview
9.8 Kymera-labs
9.8.1 Company Overview
9.9 MDClone Limited
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.10. Neuromation
9.10.1 Company Overview

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