By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
2018
Source: IDC Data Age 2025
- 98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
- 45 percent of companies run at least some big data workloads in the cloud.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- The big data industry will be worth an estimated $77 billion by 2023.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 36 percent of investment professionals use web scraping to derive data.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.