Volume
This big data term is related to the total available amount of the data. The data may range from megabytes to brontobytes.Whizlabs
Explore Data & Analytics Statistics
- The big data industry will be worth an estimated $77 billion by 2023.
- 21 percent of investment professionals use web traffic to derive data.
- 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.
- 55 percent of North American businesses have adopted big data analytics.
- 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.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- 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, 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
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