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What is the Global Revenue of the Big Data Industry?

Dwi Hadya Jayani 09/01/2020 12:41 WIB

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By 2027, revenue from the big data industry is projected to reach US$103 billion.

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Big Data Industry Revenue 2011-2027

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The revenue of the big data industry increases every year. According to Statista data, the revenue of the big data industry was US$35 billion in 2017. This figure increased by 360.5% compared to 2011, which was only US$7.6 billion.

In 2027, it is projected to grow to US$103 billion, more than double the 2018 estimate of US$42 billion. Statista mentions that with a 45% market share, the software segment will be the largest big data market segment in 2027.

Editor : Safrezi Fitra

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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