The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
2017
Source: Forbes
- 29 percent of investment professionals use expert networks to derive data.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 95 percent of businesses need to manage unstructured data.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- The big data industry will be worth an estimated $77 billion by 2023.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- Only 7% of marketers surveyed report that they are currently effectively able to deliver real-time, data-driven marketing engagements across both physical and digital touchpoints.
- 98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
