By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.

2018

• Businesses that use big data saw a 10 percent reduction in overall cost.
• 29 percent of investment professionals use search trends to derive data.
• Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
• 21 percent of investment professionals use web traffic to derive data.
• 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
• Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
• The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
• The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
• Only 7% of marketers surveyed report that they are currently effectively able to deliver real-time, data-driven marketing engagements across both physical and digital touchpoints.
• The amount of data generated each second in the banking sector will grow 700 percent by 2020.