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

2018

• Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
• In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
• 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
• 53 percent of companies are adopting big data analytics
• 45 percent of companies run at least some big data workloads in the cloud.
• 21 percent of investment professionals use web traffic to derive data.
• By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
• The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
• Businesses that use big data saw a 10 percent reduction in overall cost.
• 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.