Synthetic Data 2025
Page 7 of 14 · WEF_Synthetic_Data_2025.pdf
For cost-effectiveness
Providing an affordable alternative to expensive, high-
quality datasets needed for robust data analysis, AI
model training and system testing.Testing, training and development: In cases where data is
sensitive, scarce or expensive to collect – such as financial records,
medical records and satellite imagery – synthetic datasets enable
more distributed access to quality data for testing, training and
development.
For personalized AI and ML
To create personalized datasets for specific use
cases in AI training, where individual-specific
data cannot be easily collected due to privacy or
availability constraints.Healthcare: Generating synthetic patient data based on common
medical conditions can personalize treatment plans without needing
real patient data.
E-commerce: Creating synthetic user profiles for training
recommendation engines can personalize shopping experiences.
Synthetic Data: The New Data Frontier
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