Big Data

The analytics market in India is forecasted to double its size by 2020; about 24% contributed to big data.
The global market for big data in healthcare is expected to reach $68.75 billion in 2025.
The adoption of big data technology is gaining popularity with 25% of enterprises using big data and analytics in Central & Eastern Europe: A significant investment is likely to be made on data center projects during the period 2019-2025.
The digital supply chain market is expected to reach $75-plus billion by 2030, with technologies such as big data, AI and blockchain being the major drivers of growth.
The Big Data Analytics in Manufacturing Industry Market was valued at USD 904.65 million in 2019 and is expected to reach USD 4.55 billion by 2025, at a CAGR of 30.9% over the forecast period 2020 -2025.
Turkcell's network traffic has been increasing by 35% year on year, and with the emergence of 5G, cloud computing, and Big Data, service traffic will triple in the next five years.
Big Data in Healthcare Market size is projected to grow at a growth rate of 20.69% with a valuation of USD 17,278.13 million, during the forecast period 2015-2022.
For the global mobility industry, the two key technologies that will come into play in 2020 are big data analytics and artificial intelligence.
Worldwide revenue for big data and business analytics is expected to reach $189.1 billion this year, a 12 per cent increase on 2018.
The IXUP market is expected to grow to US$ 40.6 billion by 2023, 1 driven by organisations realising the operational advantage of big data analytics and increased access to cloud-based models.
Global spending on big data and business analytics is expected to increase 12 percent to $189 billion this year, and rise another 45 percent to $274 billion by 2022.
There could be $100 billion in annual savings for medicine and pharma by leaning on big data as well as the artificial intelligence and machine learning tools to process it.
AI could reduce mortgage processing costs by 10% to 20%, while the use of big data and cloud computing could yield significant savings.
IoT, AI and big data are aiding growth in the LATAM's data center market: this market is expected to generate revenues above $1 billion by 2023 at a CAGR of more than 11% between 2018 and 2023.
Big data is only going to get bigger; according to experts, 90% of the data in the world was generated just in the past two years alone.
The market for big data and business analytics will grow from $130.1 billion in 2016 to over $203 billion in 2020 globally, a compound annual growth rate of 11.7%.
Technology for analyzing data gathered from EO satellites such as big data analytics is expected to grow four times over the decade.
The adoption of big data analytics and the internet of things will have created 182,000 new jobs in the UK between 2015 and 2020.
Worldwide revenue from Big Data and analytics solutions will reach $260 billion in 2022 - an annual growth rate of nearly 12 percent since 2017.
Japan and the UK will generate Big Data and Business Analytics Solutions revenues of $9.6 billion and $9.2 billion respectively this year, followed by China ($8.6 billion) and Germany ($7.9 billion).
On a geographic basis, the United States will be the largest country market by a wide margin with nearly $100 billion in Big Data and Business Analytics Solutions revenues this year.
Advancements in data processing tools and adoption of next-generation technologies such as augmented analytics to extract insights from Big Data are expected to drive the Smart Data market toward $31.5 billion by 2022.
The global market for big data technology and services reached $21.19 billion in 2017 and will grow at a CAGR of more than 24 percent to $77.58 billion by 2023.

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Last updated: 09 August 2020