Blockchain Press Releases
Synthetic Data Generation Market Size To Grow USD 3.5 Billion by 2031 at a CAGR of 35.8% | Valuates Reports
BANGALORE, India , Aug. 9, 2023 /PRNewswire/ — Synthetic Data Generation Market by Component (Solution, Services), by Deployment Mode (On-Premise, Cloud), by Data Type (Tabular Data, Text Data, Image and Video Data, Others), by Application (AI Training and Development, Test Data Management, Data Sharing and Retention, Data Analytics, Others), by Industry Vertical (BFSI, Healthcare and Life Sciences, Transportation and Logistics, Government and Defense, IT and Telecommunication, Manufacturing, Media and Entertainment, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031.
The global synthetic data generation market was valued at USD 168.9 Million in 2021, and is projected to reach USD 3.5 Billion by 2031, growing at a CAGR of 35.8% from 2022 to 2031.
Download Free Sample: https://reports.valuates.com/request/sample/ALLI-Manu-2B103/Synthetic_Data_Generation_Market
Major Factors Driving the Growth of Synthetic Data Generation Market:
The market is expanding as a result of an increase in digitalization transformation across companies and an increase in the adoption of cutting-edge technologies like AI and ML. The market is also anticipated to benefit from lucrative growth prospects in the coming years due to the rise in demand for connected devices, IoT, and other technologies.
View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-2B103/synthetic-data-generation
TRENDS INFLUENCING THE GROWTH OF SYNTHETIC DATA GENERATION MARKET:
Stricter laws like GDPR and HIPAA have been created in response to the growing demand for data privacy and security. A solution is provided by synthetic data, which generates plausible but artificial data while preserving the statistical characteristics of genuine data and protecting sensitive information. In sectors like healthcare and banking that deal with sensitive data, this element is especially crucial.
The creation and training of AI and machine learning models may be hampered by the lack of and difficulty in gaining access to vast, diverse datasets. This problem is addressed by synthetic data creation, which offers a scalable method for producing different datasets that represent a range of scenarios and edge cases. This helps to enhance the generalization and resilience of AI models, which is essential for systems like autonomous vehicles and image recognition systems. Additionally, the requirement for testing and innovation in technology development happens quickly. Companies can replicate a variety of situations using synthetic data without being constrained by the limits of real-world data collecting. This shortens the development lifecycle, lowers expenses, and makes it possible to test new features and products quickly.
In businesses where genuine data collection is risky, expensive, or logistically difficult, synthetic data is very useful. For instance, in the healthcare industry, simulating medical scenarios can improve patient safety and lower risks when creating medical devices and educating medical workers. Another important element fueling the expansion of synthetic data generation is the rise of Industry 4.0 and the Internet of Things (IoT). Massive volumes of data are produced by IoT devices, making it difficult to conduct testing using real data. In order to ensure the functioning and security of IoT systems, synthetic data offers a solution for the creation of various testing environments.
Furthermore, efficient training requires a lot of data due to the increasing complexity of AI models like deep neural networks. Without the requirement for intensive data collecting activities, synthetic data augmentation approaches can aid in increasing the training dataset and enhancing model performance.
Get Customized Report: https://reports.valuates.com/request/customisation/ALLI-Manu-2B103/Synthetic_Data_Generation_Market
SYNTHETIC DATA GENERATION MARKET SHARE ANALYSIS
The projection period is expected to see the highest growth in Asia-Pacific. This is ascribed to an increase in the usage of cloud-based services and improved technology, which both drive the growth of the synthetic data production market in this area.
Download Regional Report: https://reports.valuates.com/request/regional/ALLI-Manu-2B103/Synthetic_Data_Generation_Market
Key Companies:
- Datagen
- Meta
- Synthesis AI
- Mostly AI
- NVIDIA Corporation
- IBM Corporation
- Microsoft Corporation
- com, Inc
- CVEDIA Inc
- Gretel Labs
Buy Now for Single User + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Manu-2B103&lic=single-user
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
SIMILAR REPORTS
– AI Content Generation market was valued at USD 1400 million in 2022 and is anticipated to reach USD 5958 million by 2029, witnessing a CAGR of 27.3% during the forecast period 2023-2029.
– The global generative ai market size was valued at USD 8.2 Billion in 2021, and is projected to reach USD 126.5 Billion by 2031, growing at a CAGR of 32% from 2022 to 2031.
– AI Image Generator market is projected to reach USD 534 million by 2028 from an estimated USD 215 million in 2021, at a CAGR of 16.4% during 2023 and 2028.
– Text-to-Image Generation Market
– Artificial Intelligence Automatically Generates Content Market
– Generative Design Software Market
– Online Content Moderation Market
– AI-based 3D Asset Generation Software Market
– AI Video Generation Platform Market
– Next Generation Data Storage Technology Market
– Test Data Generation Tools Market
– Test Data Management (TDM) Market
– AI Generated Content in Games Market
– AI-powered Image Generation Tool Market
– Artificial Intelligence Software System market was valued at USD 30320 million in 2022 and is anticipated to reach USD 156800 million by 2029, witnessing a CAGR of 31.5% during the forecast period 2023-2029.
– Artificial Intelligence in Manufacturing and Supply Chain market is projected to grow from USD 1165.4 million in 2023 to USD 7671.9 million by 2029, at a Compound Annual Growth Rate (CAGR) of 36.9% during the forecast period.
– AI Generated Content (AIGC) Market
– Automatic Content Recognition (ACR) Technology Market
– Artificial Intelligence for Automotive and Transportation Market
– Artificial Intelligence HPC Cloud Market
– Generative Design Software Market
– Mobile Artificial Intelligence (MAI) market is projected to grow from USD 13160 million in 2023 to USD 43880 million by 2029, at a Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period.
– Artificial Intelligence Software System market size is estimated to be worth USD 22600 million in 2022 and is forecast to a readjusted size of USD 156800 million by 2029 with a CAGR of 31.5% during the forecast period 2023-2029.
– Artificial Intelligence Automatically Generates Content Market
– Text-to-Image Generation Market
– Managed Live Chat Service Market
– Artificial intelligence market size was valued at USD 65.48 billion in 2020, and is projected to reach USD 1,581.70 billion by 2030, growing at a CAGR of 38.0% from 2021 to 2030.
– Automotive Artificial Intelligence market was valued at USD 2916 million in 2022 and is anticipated to reach USD 3607.5 million by 2029, witnessing a CAGR of 3.6% during the forecast period 2023-2029.
– Cloud Gaming market size is projected to reach USD 1169.1 million by 2027, from USD 133.7 million in 2020, at a CAGR of 35.4% during 2021-2027.
– In-game advertising market was valued at D6,816.6 million in 2021 and is projected to reach D17,591.6 million by 2030, growing at a CAGR of 11.0% from 2022 to 2030.
– The augmented and virtual reality market size was valued at USD 14.84 billion in 2020 and is projected to reach USD 454.73 billion by 2030, registering a Compound Annual Growth Rate (CAGR) of 40.7%.
– Deep Learning market size is projected to reach USD 11910 million by 2028, from USD 2671.2 million in 2021, at a CAGR of 23.6% during 2022-2028.
– Metaverse market size is projected to reach USD 28 Billion by 2028, from 510 USD Million in 2022, at a CAGR of 95% during 2022-2028.
– AI-driven Drug Discovery Market
– Voice Cloning market size is projected to reach USD 1723.9 million by 2028, from USD 364.8 million in 2021, at a CAGR of 24.6% during 2022-2028.
– Chatbots market size is projected to reach USD 3892.1 Million by 2028, from USD 1079.9 Million in 2021, at a CAGR of 20.0% during 2022-2028.
– The global conversational AI market size was valued at USD 5.78 billion in 2020 and is projected to reach USD 32.62 billion by 2030, registering a Compound Annual Growth Rate (CAGR) of 20.0% from 2021 to 2030.
– The global call center AI market was valued at USD 959.80 million in 2020, and is projected to reach USD 9,949.61 million by 2030, registering a Compound Annual Growth Rate (CAGR) of 26.3%.
– AI Chat Software Developers Market
– Live Chat Software market was valued at USD 627.1 million in 2022 and is anticipated to reach USD 889.6 million by 2029, witnessing a CAGR of 6.0% during the forecast period 2023-2029.
– The global Instant Messaging and Chat Software market size is projected to reach USD 41230 million by 2028, from USD 21910 million in 2021, at a CAGR of 9.3% during 2022-2028.
– Medical Artificial Intelligence Market
– BFSI Artificial Intelligence Market
– Business Chat Support Software Market
– Industrial Artificial Intelligence Market
– AI Governance market size is projected to reach USD 116.3 million by 2028, from USD 23 million in 2021, at a CAGR of 25.1% during 2022-2028.
– The Artificial Intelligence in healthcare market size was valued at USD 8.23 billion in 2020 and is projected to reach USD 194.4 billion by 2030, growing at a CAGR of 38.1% from 2021 to 2030.
– The Artificial Intelligence in healthcare market size was valued at USD 8.23 billion in 2020 and is projected to reach USD 194.4 billion by 2030, growing at a CAGR of 38.1% from 2021 to 2030.
– Machine Vision market size is projected to reach USD 11380 million by 2028, from USD 8374.8 million in 2021, at a CAGR of 4.0% during 2022-2028.
– Machine Translation Market size is estimated at USD 817.5 million in the year 2022, is projected to reach a revised size of USD 1627.5 million by 2028, growing at a CAGR of 12.2% during the forecast period 2022-2028.
– The global edge AI hardware market size was valued at USD 6.88 billion in 2020, and is projected to reach USD 38.87 billion by 2030, registering a CAGR of 18.8% from 2021 to 2030.
– The global Edge AI Software market was valued at USD 931.5 million in 2022 and is anticipated to reach USD 3519.4 million by 2029, witnessing a CAGR of 24.8% during the forecast period 2023-2029.
– Digital Content market size is projected to reach USD 241650 million by 2027, from USD 161540 million in 2020, at a CAGR of 5.9% during 2021-2027.
– Content Authoring Tools Market
Click here to see related reports on Synthetic Data Generation Market
ABOUT US:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
CONTACT US:
Valuates Reports
[email protected]
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
https://reports.valuates.com/sitemap/html/reports/918
https://reports.valuates.com/sitemap/html/reports/919
https://reports.valuates.com/sitemap/html/reports/920
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/synthetic-data-generation-market-size-to-grow-usd-3-5-billion-by-2031-at-a-cagr-of-35-8–valuates-reports-301896969.html
Once live, the Input | Output (IO) led integration will bring full Cardano support to Brave Wallet, including Cardano native assets, as well as send, receive, swap, and signing capabilities- all natively embedded within Brave’s best-in-class browser wallet. This establishes Brave as a key partner to the Cardano community in the age of Voltaire.
SAN FRANCISCO and LONDON, May 12, 2025 /PRNewswire/ — Input | Output (IO), the preeminent Web3 blockchain infrastructure and engineering firm, today announced a strategic partnership with Brave Software, the creator of the leading privacy-first browser and integrated multi-chain Brave Wallet. Together, they will integrate Cardano into the Brave Wallet, enabling Cardano blockchain access and token management from within the Brave wallet.
“Our partnership with IO reflects Brave’s commitment to building a Web3 that maximizes interoperation for user choice, while giving them better tools to engage with decentralized ecosystems,” said Brendan Eich, CEO and co-founder of Brave and the Basic Attention Token (BAT). “Integrating Cardano into Brave Wallet not only expands multi-chain access, but also enhances security, governance participation, and the overall user experience.”
Through this integration, Brave users and the broader Cardano community will gain direct access to Cardano’s blockchain for activities such as governance participation and native asset management, all within the privacy-focused Brave Wallet. Additionally, Brave Wallet will support the execution of swaps with Cardano native tokens and other on-chain transactions. This major milestone enhances Brave’s multi-chain capabilities, adding to its existing support for networks like Ethereum and Solana. Cardano users will now be able to manage native assets like NIGHT, engage in governance, and seamlessly swap tokens—securely and privately—through Brave’s in-browser wallet.
“This collaboration with Brave is a natural fit,” said Charles Hoskinson, CEO of IO. “We share a vision for a more secure, accessible, and user-respecting Web3. By bringing Cardano into Brave Wallet, we are not only expanding functionality for Cardano users in the age of on-chain governance, but also advancing a new standard for how blockchain networks should empower individuals—protecting privacy while enabling active, on-chain participation.”
The partnership also sets the stage for future innovation around engagement with Cardano’s governance and Midnight, a blockchain developed by Shielded Technologies, an Input | Output spinout focused on confidential smart contracts and data protection.
Media Contacts:
Georgia Hanias
Input | Output (IO)
[email protected]
Catherine Corre
Brave Software
[email protected]
About Input | Output (IO)
Input |Output (IO) is a world-leading blockchain infrastructure and research engineering firm dedicated to building a sustainable Web3 ecosystem. IO is committed to advancing the next generation of blockchain innovation, focusing on scalability, security, and real-world adoption through pioneering research and cutting-edge engineering.
About Brave Wallet and Brave
Brave Wallet is the secure, multi-chain crypto wallet built directly into the Brave privacy browser—no extensions required. With Brave Wallet, users can manage tokens and NFTs; connect to DApps and onramp to Web3; and explore decentralized finance, social media, gaming, and more. Brave Wallet users can connect other “cold” wallets like Ledger & Trezor. They can buy, store, send, and connect to DApps on Solana, Ethereum and EVM chains, Zcash, and Filecoin.
Brave Wallet is available on desktop, Android, and iOS, and is free to use. To get started on desktop, Brave browser users can click the wallet icon near the address bar. On mobile, users can tap “⋮” (Android) or “…” (iOS), then tap the wallet icon.
Brave is a driving force leading the way for Web3 adoption, directly supporting Web3 into the broader Web through its privacy browser, independent search engine, and browser-native, multi-chain crypto wallet. Brave currently has over 85 million monthly active users. Learn more at brave.com.
Photo – https://mma.prnewswire.com/media/2683708/Charles_Hoskinson_Profile.jpg
Logo – https://mma.prnewswire.com/media/2683709/IO_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/input–output-partners-with-brave-to-integrate-cardano-into-brave-wallet-302451409.html
Blockchain Press Releases
Bybit Introduces BOB to P2P: Bolivian Traders Can Now Buy, Sell in Local Currency and Earn Commissions
DUBAI, UAE, May 12, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has expanded its peer-to-peer (P2P) platform to support the Bolivian Bolíviano (BOB), enabling users in Bolivia to buy and sell crypto with their national currency for the first time on the platform.
In addition to enhancing local access to digital assets, Bybit is launching a new merchant program that invites users to list BOB trading ads and earn generous bi-weekly commissions. High-performing merchants can earn up to 400 USDT every two weeks, with added incentives for those listing in multiple fiat currencies.
“Expanding our P2P platform to include BOB is a reflection of our dedication to financial inclusion and local empowerment,” said Mazurka Zeng, Head of Fiat at Bybit. “We’re proud to offer Bolivian users more ways to access crypto markets while also opening the door to new opportunities”.
Bybit P2P merchants receive tailored support, including 1-to-1 customer service and faster appeal resolutions. To qualify for rewards, merchants must maintain active listings for a specified number of hours each week and meet trading volume and order count targets. Performance is reviewed every two weeks, and rewards are distributed through the Rewards Hub.
This launch represents another step in Bybit’s ongoing commitment to bring crypto access and earning potential to communities around the world through localized, user-friendly P2P services.
Bybit is actively expanding in the LATAM market and has seen a consistent rise in user requests from Bolivia to support the Boliviano (BOB) on its P2P platform. As crypto adoption continues to grow across the region, adding BOB would enhance accessibility for local users and empower them to engage more easily with the digital asset economy.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Photo – https://mma.prnewswire.com/media/2684795/Bybit_Brings_BOB_P2P___Bolivian_Traders_Can_Now_Buy.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-introduces-bob-to-p2p-bolivian-traders-can-now-buy-sell-in-local-currency-and-earn-commissions-302452489.html
Blockchain Press Releases
MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers
VICTORIA, Seychelles, May 12, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has released its April 2025 trading highlights, showcasing impressive results in token performance, early listing advantages, and community-driven events like airdrops.
Key Takeaways:
- MEXC listed 160 new tokens in April, led by trends in Meme, GameFi, AI, and DePIN sectors.
- Top 10 new listings delivered an average of 832.33% ATH return, with HOUSE soaring +3,830%.
- Tokens with high spot trading volume saw daily returns averaging 403.49%.
- By pioneering listings for five key tokens—most notably HOUSE, which surged 11,580% between listings—MEXC gave users early access prior to their inclusion in IDO and alpha programs on other tier1 exchanges.
- Airdrop+ campaigns reached 40,000+ participants, distributing about $1.5M in token rewards with a 40 USDT average return per user.
According to the report, MEXC listed 160 new tokens in April, a 16.79% increase compared to March. This increase was driven by surging user interest in sectors such as Meme coins, GameFi, AI, and DePIN. This expansion of early-access opportunities reflects MEXC’s agile listing strategy and commitment to supporting new niches and communities.
Top New Listings Deliver 832% Average Peak Returns
MEXC’s strategic approach to listings paid off, with the top 10 tokens achieving an average all-time high return of 832.33%. HOUSE led the pack, posting a remarkable +3830.90% gain, followed by SEED (+952.63%) and TROLLSOL (+831.31%). These high performers span ecosystems including Solana, Sui, BSC, Ethereum, and Babylon.
Strong Daily Performance Tied to Trading Volume
April’s top 10 tokens by spot trading volume also posted robust short-term returns, with an average 24-hour return of 403.49%. Among them were the following assets:
- WCT (+849.40%)
- BANK (+937.10%)
- BABY (+738.00%)
The early token growth metrics highlight that activity on the platform is an important signal for early traders.
MEXC Empowers Traders with Early Price Discovery Capabilities
Notably, five tokens later featured in leading IDO and alpha programs were listed on MEXC prior to their program debuts, posting price gains of several hundred to several thousand percent between the two events:
- HOUSE: +11,580%
- PUMP: +281.54%
The report findings reinforced MEXC’s reputation as a platform where market momentum is often detected first.
Airdrop+ Events Attract 40,000 Participants, Drive New Token Buzz
MEXC ran 23 Airdrop+ campaigns during the month, attracting over 40,000 participants and distributing almost $1.5 million in tokens. The average return per participant was 40 USDT, with top-performing tokens like SEED, PUMP, and BABY included in the prize pools.
Airdrop+ has proven itself as a tool not only for attracting but also activating users, especially in Asian and emerging markets. A recent MEXC report based on the analysis of more than 100 campaigns in recent months revealed that up to 35% of new users register through participation in airdrop activities. Users involved in the campaign were more likely to continue active trading and participate in subsequent IDO/IEO offerings on the platform.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Photo – https://mma.prnewswire.com/media/2683370/image.jpg
Logo – https://mma.prnewswire.com/media/2668118/MEXC_new_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/mexc-lists-160-tokens-in-april-delivers-over-800-returns-across-top-gainers-302452245.html
-
Blockchain Press Releases6 days agoHTX Premieres USD1 Stablecoin Globally, Partnering with World Liberty Financial to Forge a New Era of Decentralized Economy
-
Blockchain5 days ago
Colb Asset SA Raises $7.3 Million in Oversubscribed Round to Bring Pre-IPO Giants to Blockchain
-
Blockchain Press Releases4 days agoHTX and Justin Sun Launch $6M Mars Program Special Edition, Offering One User a Historic Space Journey
-
Blockchain4 days agoBlocks & Headlines: Today in Blockchain – May 9, 2025 | Robinhood, Solana, Tether, China, Women in Web3
-
Blockchain3 days ago
Bitget Blockchain4Youth sostiene l’innovazione del Web3 e dell’IA all’hackathon “Build with AI” di Google Developer Group
-
Blockchain5 days ago
Blocks & Headlines: Today in Blockchain – May 7, 2025 | Coinbase, Riot Games, Curve DAO, Litecoin, AR.IO
-
Blockchain Press Releases3 days agoBybit Surpasses 70 Million Users, Reinforces Commitment to Transparency and Institutional Growth
-
Blockchain Press Releases6 days agoJuCoin made a global impact at TOKEN2049 Dubai, advancing its ecosystem with the “Peak Experience” vision and JuChain’s robust tech.
