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
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- The big data industry will be worth an estimated $77 billion by 2023.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 95 percent of businesses need to manage unstructured data.
- 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.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 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