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

2018

• The big data industry will be worth an estimated $77 billion by 2023.
• 55 percent of North American businesses have adopted big data analytics.
• 62 percent of retail businesses see competitive advantages from information and analytics.
• 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.
• Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
• 36 percent of investment professionals use web scraping to derive data.
• 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
• 90 percent of IT professionals plan to increase spending on BI tools.
• 40 percent of businesses say they need to manage unstructured data on a frequent basis.
• 70 percent of investment professionals use “alternative data” or plan to do so in the next year.