14 percent of investment professionals use credit card and POS software data to derive data.

2019

• The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
• 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
• Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
• Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
• By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
• 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for 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.
• 21 percent of investment professionals use web traffic to derive data.
• 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
• Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.