Top 8 Synthetic Data Providing Startups in the US

Synthetic data is quickly reshaping the future of AI, offering a smart solution to one of the biggest challenges in machine learning—access to large, high-quality datasets. With industries like healthcare, finance, and autonomous vehicles facing data privacy issues and the difficulty of gathering real-world data, synthetic data provides a safe and scalable alternative. Valued at $23.3 billion by 2030, the synthetic data market is growing fast. This surge is driven by the rising need for privacy-preserving data and the growing demand for diverse datasets that fuel AI innovation. Geoffrey Moore, a renowned technology author, stated: "Without big data, you are blind and deaf and in the middle of a freeway." In just a few years, the number of startups focused on synthetic data has soared,