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Emerging markets

How big is big data, and what are the business opportunities?

Big data business – the business of storing, decoding and analyzing data, from your Facebook updates or tweets, to figures that help companies increase profit or cut costs – is one of the hottest industries in the world today. In fact, the big data market is estimated to grow by 45% annually to reach $25 billion by 2015.

Today’s double dose of graphics present a variety of statistics on big data.

Charts illustrate big data market growth through global data volume statistics

Infographic shows big data business opportunities, including the rapid growth in data volume, the storage cost of big data as well as key regions and markets.

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