By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.

2018

• The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
• The big data industry will be worth an estimated $77 billion by 2023.
• 21 percent of investment professionals use web traffic to derive data.
• The amount of data generated each second in the banking sector will grow 700 percent by 2020.
• 40 percent of businesses say they need to manage unstructured data on a frequent basis.
• Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
• 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
• In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
• By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
• 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.