What do you do when you’re slammed and need a quick post on a Friday afternoon? Link to a great resource you discovered! Here are ten Big Data statistics that illustrate some of the information governance, compliance and cybersecurity we all face today!
These ten Big Data statistics are courtesy of Ogi Djuraskovic at First Site Guide and they have many more stats – 38 in all – that you can check out here. The stats are sourced as well, which is great for reference purposes. With that in mind, here are ten Big Data statistics that are pretty amazing:
- Global big data analytics market annual revenue is estimated to reach $68.09 billion by 2025.
- By 2022, the big data market will grow to $274.3 billion.
- There were 79 zettabytes of data generated worldwide in 2021.
- 90% of the data in the global datasphere is replicated data.
- Global IoT connections already generated 13.6 zettabytes of data in 2019 alone.
- By 2025, more than 150 zettabytes of big data will need analysis.
- The COVID-19 pandemic increased the rate of data breaches by more than 400%.
- By 2027, the use of big data application database solutions and analytics is predicted to grow to $12 billion.
- Between 2021 and 2022, the worth of the big data market is estimated to jump $30 billion in value.
- It would take an internet user approximately 181 million years to download all data from the web today.
Thanks again to Ogi Djuraskovic at First Site Guide for a great resource!
So, what do you think? Do you have a favorite stat among these ten Big Data statistics? Or one from the source article? If so, let me know! And please share any comments you might have or if you’d like to know more about a particular topic.
Disclaimer: The views represented herein are exclusively the views of the author, and do not necessarily represent the views held by my employer, my partners or my clients. eDiscovery Today is made available solely for educational purposes to provide general information about general eDiscovery principles and not to provide specific legal advice applicable to any particular circumstance. eDiscovery Today should not be used as a substitute for competent legal advice from a lawyer you have retained and who has agreed to represent you.
Doug, WOW. Zettabytes – I remember when Terabytes was a big deal!