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100+ datasets found
  1. Forecast revenue big data market worldwide 2011-2027

    Updated Jul 27, 2022
  2. r

    Journal of Big Data Impact Factor 2022-2023 - ResearchHelpDesk

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  3. Big Data Production

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    Journal of Big Data FAQ - ResearchHelpDesk

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    Data strategy : how to profit from a world of big data, analytics and the...

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    Big Data Security Market Research Report -Forecast 2030

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  7. Big Data Consumption

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  8. Big Data Services Research

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    • +2more
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  10. Big Data Sales

  11. Big Data in Utilities – Thematic Research

    Updated Feb 28, 2020
  12. Use of big data analytics in market research worldwide 2014-2021

    Updated Nov 30, 2022
  13. e

    Impact Factors of Frontiers in Big Data

    Updated Jun 16, 2022
  14. r

    Journal of Big Data Abstract & Indexing - ResearchHelpDesk

    Updated May 4, 2022
  15. Big Data Services Market Trends

    Updated Sep 5, 2020
  16. Sources and Mitigation of Bias in Big Data for Transportation Safety...

    Updated 2018
  17. e

    Impact Factors of International Journal of Big Data and Analytics in...

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  18. Size of Big Data Services Market

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  19. Big Data Market Forecast

    Updated Feb 15, 2023
  20. Big Data Machine Learning Benchmark on Spark

    Updated Jun 6, 2019
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Statista (2022). Forecast revenue big data market worldwide 2011-2027 [Dataset].
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Forecast revenue big data market worldwide 2011-2027

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105 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jul 27, 2022
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Area covered

The global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. With a share of 45 percent, the software segment would become the large big data market segment by 2027.

What is Big data?

Big data is a term that refers to the kind of data sets that are too large or too complex for traditional data processing applications. It is defined as having one or some of the following characteristics: high volume, high velocity or high variety. Fast-growing mobile data traffic, cloud computing traffic, as well as the rapid development of technologies such as artificial intelligence (AI) and the Internet of Things (IoT) all contribute to the increasing volume and complexity of data sets.

Big data analytics

Advanced analytics tools, such as predictive analytics and data mining, help to extract value from the data and generate new business insights. The global big data and business analytics market was valued at 169 billion U.S. dollars in 2018 and is expected to grow to 274 billion U.S. dollars in 2022. As of November 2018, 45 percent of professionals in the market research industry reportedly used big data analytics as a research method.

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