Explore Data & Analytics Statistics
- 55 percent of North American businesses have adopted big data analytics.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- 53 percent of companies are adopting big data analytics
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- 90 percent of the world’s data was created between 2015 and 2016 alone.
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