More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
2019
Source: Forbes
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 53 percent of companies are adopting big data analytics
- 36 percent of investment professionals use web scraping to derive data.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 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.
- 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
- 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.
- Businesses that use big data saw a profit increase of 8β10 percent.
