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
- By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- Businesses that use big data saw a profit increase of 8–10 percent.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 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.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.