What is the size of the big data market?
What is the size of the big data market?
Amid the COVID-19 crisis, the global market for Big Data estimated at US$154.9 Billion in the year 2022, is projected to reach a revised size of US$234.6 Billion by 2026, growing at a CAGR of 10.2% over the analysis period.
How much is the data industry worth 2020?
USD 206.95 billion
The market size was USD 206.95 billion in 2020 and USD 231.43 billion in 2021. Further, the market is estimated to grow at a CAGR of 13.2% during the 2021-2028 period. This information is published by Fortune Business Insights™ in its report, titled, “Big Data Analytics Market, 2021-2028.”
How big is the data selling industry?
The global big data & business analytics market size was valued at USD 198.08 Billion in 2020 and is projected to reach USD 684.12 Billion by 2030, growing at a CAGR of 13.5% from 2021 to 2030.
How big is the data protection market for 2021?
The global data center security market was US$ 14.9 billion in 2021. The global data center security market is forecast to grow to US$ 51.98 billion by 2030 by growing at a compound annual growth rate (CAGR) of 14.1% during the forecast period from 2022 to 2030.
How fast is big data growing?
They add that the global big data market was $208 billion in 2020 and projections show a steady 10% growth annually. This would expand the market to $450 billion by 2026.
How much is the global data industry worth?
The global big data and business analytics market size was valued at $198.08 billion in 2020, and is projected to reach $684.12 billion by 2030, growing at a CAGR of 13.5% from 2021 to 2030.
How is big data growing?
On the dollars and cents front, Research and Markets predicts the global big data and business analytics market to reach $448 billion in spending by 2027. That figure, which represents hardware and software spending, reflects a 13% CAGR from 2017 (when it was $151 billion) to 2027.
What is the data industry worth?
The presence of various developing countries in SAM makes it one of the key markets for the future growth of the big data analytics market….
| Report Coverage | Details |
|---|---|
| Market Size Value in | US$ 239.75 Billion in 2021 |
| Market Size Value by | US$ 638.66 Billion by 2028 |
| Growth rate | CAGR of 15.3% from 2022 to 2028. |
How much are companies spending on big data?
NEEDHAM, Mass., August 17, 2021–(BUSINESS WIRE)–Worldwide spending on big data and business analytics (BDA) solutions is forecast to reach $215.7 billion this year, an increase of 10.1% over 2020, according to a new update to the Worldwide Big Data and Analytics Spending Guide from International Data Corporation (IDC …
What is the future of big data?
Over the 2020-2025 timeframe, the data analytics global market for apps and analytics technology will expand at a 32% CAGR, while cloud Technology will grow at a 20 percent CAGR, computing technology will grow at a 10% CAGR and NoSQL technology will develop at a 20 percent CAGR.
How much is data analytics market worth?
Big data analytics market size worldwide in 2019 and 2025 The global big data analytics market will grow with a compound annual growth rate of almost 30 percent in the coming years, with revenue reaching over 68 billion U.S. dollars by 2025 from around 15 billion U.S. dollars in 2019.
