The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
2018
Source: Forbes
- 95 percent of businesses need to manage unstructured data.
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- 29 percent of investment professionals use expert networks to derive data.
