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 7
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