In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.

2018

• The big data industry will be worth an estimated $77 billion by 2023.
• 14 percent of investment professionals use credit card and POS software data to derive data.
• 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
• Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
• Businesses that use big data saw a profit increase of 8–10 percent.
• 55 percent of North American businesses have adopted big data analytics.
• 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
• The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
• 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
• In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.