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"Fascinating Big Data Stats
Data volumes have skyrocketed. More data was generated in the last two years than in the entire human history before that.
Since 2012, big data has created 8 million jobs in the US alone and 6 million more worldwide.
Big data needs as much computing power as you can throw at it. That’s why engineers aspire to reach the processing capability of the human brain for their CPUs in the next decade!
Big data holds the key to an amazing future. It reveals patterns and connections that significantly improve our lives. Secure self-driving cars, more effective medical treatments, even reliable weather forecast that will allow farmers to get better yields!
The driving force behind big data is the “data-fication” of information.
IT services earned the biggest share of the BDA revenues in 2019. The estimated profit is $77.5 billion! Right behind it are hardware purchases ($23.7 billion), and business services ($20.7 billion). Big data stattics show that software-wise, BDA revenues will go as high as $67.2 billion this year.
What the Statistics Say about the Need for Big Data
We constantly generate data. On Google alone, we submit 40,000 search queries per second. That amounts to 1.2 trillion searches yearly!
Each minute, 300 new hours of video show up on YouTube. That’s why there’s more than 1 billion gigabytes (1 exabyte) of data on its servers!
People share more than 100 terabytes of data on Facebook daily. Every minute, users send 31 million messages and view 2.7 million videos.
Big data usage statistics indicate people take about 80% of photos on their smartphones. Considering that only this year over 1.4 billion devices will be shipped worldwide, we can only expect this percentage to grow.
Smart devices (for example, fitness trackers, sensors, Amazon Echo) produce 5 quintillion bytes of data daily. In 5 years, we can expect for the number of these gadgets to be more than 50 billion!
Big data stats indicate that more than 30% of data will be uploaded to the cloud by next year.
Moving to a cloud can improve a business’s agility (by 29%) and shorten payback times by 30%.
Big Data and Analytics
Predictive analytics are becoming more and more crucial for success. 79% of executives believe that failing to embrace big data will lead to bankruptcy. This explains why 83% of companies invest in big data projects.
Fortune 1000 companies can gain more than $65 million additional net income, only by increasing their data accessibility with 10%.
Healthcare could also vastly benefit from big data analytics adoption. As much as $300 billion can be saved yearly!
Companies that harness big data’s full power could increase their operation margins by up to 60%!
Technology investments git sum 
Vince"