The total amount of data created, captured, copied, and consumed globally is forecast to increase rapidly, reaching 149 zettabytes in 2024. Over the next five years up to 2028, global data creation is projected to grow to more than 394 zettabytes. In 2020, the amount of data created and replicated reached a new high. The growth was higher than previously expected, caused by the increased demand due to the COVID-19 pandemic, as more people worked and learned from home and used home entertainment options more often. Storage capacity also growing Only a small percentage of this newly created data is kept though, as just two percent of the data produced and consumed in 2020 was saved and retained into 2021. In line with the strong growth of the data volume, the installed base of storage capacity is forecast to increase, growing at a compound annual growth rate of 19.2 percent over the forecast period from 2020 to 2025. In 2020, the installed base of storage capacity reached 6.7 zettabytes.

This statistic shows the growth rate of the global big data market from 2012 to 2027. The big data market is forecast to grow by 20 percent in 2018, reaching 42 billion U.S. dollars in size.

The statistic shows the constant annual growth rate of the fastest growing big data and analytics categories worldwide, between 2015 and 2020. In that period, the market for non-relational analytics data stores is projected to grow by 38.6 percent.

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.

The Economic Census is the U.S. Government's official five-year measure of American business and the economy. It is conducted by the U.S. Census Bureau, and response is required by law. In October through December of the census year, forms are sent out to nearly 4 million businesses, including large, medium and small companies representing all U.S. locations and industries. Respondents were asked to provide a range of operational and performance data for their companies. This dataset presents company, establishments, value of shipments, value of product shipments, percentage of product shipments of the total value of shipments, and percentage of distribution of value of product shipments.

The global data classification market size reached USD 1.86 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 11.05 Billion by 2033, exhibiting a growth rate (CAGR) of 20.78% during 2025-2033. The growing need to maintain data integrity and confidentiality, rising volumes of unstructured data, and the implementation of stringent government rules and regulations represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the global data classification market report, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on component, type, deployment mode, application, and industry vertical.

The Gross Domestic Product (GDP) in the United States expanded 2.50 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

China Population: Natural Growth Rate data was reported at -0.060 % in 2022. This records a decrease from the previous number of 0.034 % for 2021. China Population: Natural Growth Rate data is updated yearly, averaging 1.203 % from Dec 1949 (Median) to 2022, with 74 observations. The data reached an all-time high of 3.333 % in 1963 and a record low of -0.457 % in 1960. China Population: Natural Growth Rate data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Socio-Demographic – Table CN.GA: Population: Natural Growth Rate: By Region.

The Italy data center market size reached US$ 7.05 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.80% during 2024-2032. There are various factors that are driving the market, which include the rising focus on market expansion among key players, increasing utilization of smartphones and internet facilities, and adoption of cloud services.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, type, enterprise size, and end user.

The Gross Domestic Product (GDP) in Comoros expanded 3.30 percent in the fourth quarter of 2023 over the same quarter of the previous year. This dataset provides - Comoros GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

According to Cognitive Market Research, the global fixed data connectivity market size will be USD 100251.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 10.80% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 40100.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 30075.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 23057.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 5012.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2005.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.
The wireless type category is the fastest growing segment of the fixed data connectivity industry

Market Dynamics of Fixed Data Connectivity Market

Key Drivers for Fixed Data Connectivity Market

Growing Need for Reliable Fixed Data Connectivity to Boost Market Growth

The fixed data connectivity market is driven by the increasing demand for reliable and high-speed internet, particularly in businesses and urban areas. As digital transformation accelerates, industries rely on seamless data transfer for cloud services, remote work, and IoT solutions. Fixed data connections, such as fiber optics, offer consistent, low-latency internet crucial for operational efficiency and competitiveness. The surge in online services, video conferencing, and e-commerce further fuels this need, making fixed data connectivity essential for ensuring stability, security, and optimal performance in the digital age.

Advancements in Wireless Connectivity to Drive Market Growth

The fixed data connectivity market is driven by the demand for reliable, high-speed internet for businesses and homes. Traditional fixed-line solutions like fiber optics provide consistent, secure connections, which are essential for cloud services, video conferencing, and IoT applications. However, advancements in wireless connectivity, such as 5G, are reshaping the landscape, offering greater flexibility, mobility, and faster deployment. These wireless innovations complement fixed networks, enhancing overall connectivity, especially in underserved or remote areas, driving the market towards hybrid solutions combining both fixed and wireless technologies.

Restraint Factor for the Fixed Data Connectivity Market

High Initial Infrastructure Costs will Limit Market Growth

The fixed data connectivity market faces a key restraint in the form of high initial infrastructure costs. Establishing a reliable and extensive network requires significant investments in fiber optic cables, equipment, and labor. These high upfront costs deter smaller companies and new entrants from competing, slowing market expansion. Additionally, infrastructure maintenance and upgrades add to ongoing expenses, making it challenging for providers to offer affordable services while maintaining profitability. This financial barrier particularly impacts rural or less-developed regions, further limiting market growth in underserved areas.

Impact of Covid-19 on the Fixed Data Connectivity Market

The fixed data connectivity market experienced notable growth due to increased demand for remote work, virtual learning, and online services during the COVID-19 pandemic. However, the pandemic also led to supply chain disruptions, delaying infrastructure projects and the deployment of new connectivity services. A significant restraint is the high cost of installation and maintenance, especially in rural and underserved regions, which hampers widespread adoption. Additionally, regulatory challenges and limited access to affordable high-speed broadband further slow the market's expansion, particularly in developing areas. Introduction of the Fixed Data Connectivity Market

Fixed data connectivity refers to a stable, wired internet connection provided through cables or fiber-optic networks, offering consistent...

Analyses are reproducible using version 3.3.2 or above (R Core Team 2016). Files needed for reproducing the analyses are: chond-data.csv: Data frame with 63 rows (species) and 11 variables. Some of these variables are based on the same life history trait but are transformed for ease of interpretation and analysis. stein-et-al-single.tree: Phylogenetic tree with scaled branch lengths from Stein et al. (2018) used in analyses. These are freely downloadable from http://vertlife.org/sharktree/. rmax-scaling-analysis.R: R code with minimum working example of how to load data files, fit models phylogenetic linear models using the pgls function in the caper package, run information-theoretic comparisons, and check diagnostics.

The Gross Domestic Product (GDP) in China expanded 1.60 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Population: Natural Growth Rate: Jiangsu data was reported at -0.270 % in 2023. This records a decrease from the previous number of -0.181 % for 2022. Population: Natural Growth Rate: Jiangsu data is updated yearly, averaging 0.230 % from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 0.285 % in 2010 and a record low of -0.270 % in 2023. Population: Natural Growth Rate: Jiangsu data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Socio-Demographic – Table CN.GA: Population: Natural Growth Rate: By Region.

The global data storage market size reached USD 310.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1,304.7 Billion by 2033, exhibiting a growth rate (CAGR) of 16.44% during 2025-2033. The growing automation of different business processes, rising cloud computing activities and increasing adoption of remote working models represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the global data storage market, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on storage system, storage architecture, and end user.

The Gross Domestic Product (GDP) in Djibouti expanded 5.70 percent in the fourth quarter of 2023 over the same quarter of the previous year. This dataset provides - Djibouti GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The graph shows the critical challenges resulting from exponential data growth in organizations worldwide. As 2019, 51.9 percent of survey respondents stated that application performance deficiencies, such as application latency, was a major challenge that came with the exponential data growth in their organizations.

According to Cognitive Market Research, the global Marketing Analytics Software market size is USD 5.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 20.6% from 2024 to 2031. Market Dynamics of Marketing Analytics Software Market Key Drivers for Marketing Analytics Software Market Growing demand for data-driven marketing- One of the key forces driving the Marketing Analytics Software market is the increased demand for data-driven marketing tactics. In today's digital age, businesses are overwhelmed with data from a variety of sources, including social media, websites, and client contacts. Marketing analytics software allows businesses to collect, analyze, and interpret data in order to acquire important insights into customer behavior, preferences, and market trends. Businesses may use these insights to make better decisions, optimize marketing initiatives, and increase consumer engagement. Rise of social media and Digital Marketing Key Restraints for Marketing Analytics Software Market Data Privacy Concerns Price Volatility of Raw Materials Introduction of the Marketing Analytics Software Market Marketing analytics software refers to the tools and platforms that assist firms in collecting, measuring, analyzing, and interpreting marketing data in order to acquire insights and make informed decisions. The marketing analytics software market is expanding rapidly, assisting firms in analyzing and interpreting data in order to make more informed marketing decisions. This type of software enables businesses to track and measure the efficacy of their marketing campaigns, enhance marketing strategies, and improve the total return on investment (ROI) of their marketing initiatives. The growing use of social media channels, as well as the increased use of big data analytics, are driving global market expansion. Furthermore, the increased necessity to measure customer behaviour has a beneficial impact on market growth

The Gross Domestic Product (GDP) in Italy expanded 0.60 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - Italy GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The global data center virtualization market size reached USD 11.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 37.8 Billion by 2033, exhibiting a growth rate (CAGR) of 13.91% during 2025-2033. The rising need to reduce cost and enhance operational efficiency among organizations, the increasing focus on business continuity and disaster management, and the surging need to consolidate and centralize data centers are some of the major factors propelling the data center virtualization market.

IMARC Group provides an analysis of the key trends in each segment of the global data center virtualization market report, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on type, component, organization size, and end use.