The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.

2018

• 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
• In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
• The big data industry will be worth an estimated $77 billion by 2023.
• 21 percent of investment professionals use web traffic to derive data.
• More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
• Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
• 55 percent of North American businesses have adopted big data analytics.
• 45 percent of companies run at least some big data workloads in the cloud.
• More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
• In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.