The world is experiencing an implausible, explosive growth in digital contents and information. There currently exists over 2.7 zettabytes of data and it is thought that the digital universe in 2020 will be 50 times as big as in 2010 and that in this period it will double every two years. This massive amount of data is expected to fundamentally change the research in traditionally qualitative disciplines. Equally, the commercial world is being transformed by a focus on big data, with companies competing on data analytics.
The global big data market size was valued at around USD 25.67 billion in 2015 and is expected to witness significant growth over the forecast period. It is expected to hit more than 90 billion U.S. dollars in 2026. We are entering a new era of big data analytics and data-intensive computing which has been recognized worldwide.Learn More
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