29 percent of investment professionals use expert networks to derive data.

2019

• 45 percent of companies run at least some big data workloads in the cloud.
• 29 percent of investment professionals use expert networks to derive data.
• The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
• By 2020, there will be 2.7 million job postings for data science and analytics roles.
• Businesses that use big data saw a 10 percent reduction in overall cost.
• 90 percent of IT professionals plan to increase spending on BI tools.
• 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
• By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
• 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.