Without a doubt, big data is becoming the biggest data with the passage of time. It’s going above and beyond. Here are some pieces of evidence as to why I said it.
According to the big data and business analytics report from Statista, the global cloud data IP traffic will reach approximately 19.5 zettabytes in 2021. Moreover, the big data market will strike a figure of 274.3 billion US dollars with a five-year compound annual growth rate (CAGR) of 13.2% by 2022. Plus, Forbes predicted that over 150 trillion gigabytes or 150 zettabytes of real-time data will be required by the year 2025. Also, Forbes found that more than 95% of the companies need some assistance for the management of unstructured data, while 40% of the organizations affirmed that they need to deal with big data more habitually.