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The market for big data is expected to increase in the coming years.
The market for big data is expected to increase in the coming years.
According to an article from IT Pro Portal:
Big Data, and its infrastructure is expected to grow significantly in the next four years, a new study by the International Data Corporation (IDC) shows.
IDC has done an in-depth market sizing of the Big Data infrastructure in Europe, Middle East and Africa, including servers and storage, as well as cloud resources, and here are the results:
Big Data-related server shipments will jump from 6 per cent this year to 16 per cent by 2019. The business is currently valued at $1 billion (£700m), but will be worth $2.7bn (£1.88bn) by the same year.
The storage capacity will reach 20 exabytes. If you’re not sure how much that is, here’s a Wikipedia article.
The analysis also says 134,000 server units got shipped in 2015 for Big Data, as well as 764 petabytes of storage capacity. Most of the storage was external, it adds.
Click here to read the full article.