By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
2018
Source: IDC Data Age 2025
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 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.
- 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.
- People generate 2.5 quintillion bytes of data each day.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 21 percent of investment professionals use web traffic to derive data.
- The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.