General Big Data Statistics
- Each person on earth generates more than 1.7 MB of data per second
According to International Data Corp, since 2020, each person on earth has generated an average of 1.7 MB of data per second. This can be attributed to the daily use of smartphones and computers, meaning that the volume of data is expanding rapidly. Accordingly, the average user shares dozens of media links daily, with all of that requiring storage of some form.
- According to IBM, People are already generating 2.5 quintillion bytes of data daily around the world
There are many ways in which businesses can use data to generate more profits. This includes using data to make decisions that will affect the ordering of products, sales and customer relationships. In recent years, marketers have begun developing and deploying data analytics tools to help them understand the marketing process, customers and processes. With these tools, companies can always get insights needed to run a business from all the noise produced by too much data.
- Advanced data analytics will continue growing and will encompass more than 40% of the internet data
According to the International Data Corp, machine-generated data, which is the data produced by computers without the input of humans, has increased over the years. Since applications and programs are becoming more complex, there will be an increased need for advanced big data processing, even at the level of smartphones.
- Stored data will increase to 44 zettabytes starting in this decade
According to VisualCue, data analytics companies predicted that they would have 40ZB. However, the last couple of years has shown immense growth in data due to the increased adoption of IoT technologies. IoT is growing in large volume with more appliances connected to the cloud computers. According to the 2022 statistics, IoT-generated data will be used widely to cut costs in almost every industry.
- Nearly 90% of data has been created in the past decade
According to BaseLine, Analytics indicates that data has grown significantly. This is no surprise, especially considering the number of devices connected to the internet has increased. Furthermore, the amount of machine-generated data has increased.
- Statistics indicate increased data from individuals
As opposed to the past when organizations largely generated data, statistics indicate that individuals are the leading sources of data for organizations. For example, an internet user cannot live without social media on an average day. As such, these activities are responsible for creating massive amounts of data. The actions include simple actions such as commenting, sharing and even posting news and articles. Big data companies and advertising firms have recognized user-generated data as a big source of insights. Furthermore, there is an increase in the number of websites created every day, each being visited and information posted by individuals. This is a significant source of data.
