Big Data

Data is the driving force behind every organization in the current global market scenario. The data analytics industry is expanding as more and more firms are automating their business processes using data-driven models.

According to research and markets report, the global Big Data & Analytics market size was estimated at USD 82.99 billion in 2021, USD 91.11 billion in 2022, and is projected to grow at a CAGR of 9.96% to reach USD 146.71 billion by 2027.

These numbers say a thousand words. However, big data; combined with AI, ML, and other cutting-edge technologies will drive businesses toward what we call the fourth industrial revolution.

Big data analytics, undoubtedly, is one of the most powerful technology trends to play an important role in reshaping numerous business processes and operations worldwide.

Here are some of the emerging big data trends that will help businesses in shaping the market in 2023 and beyond.

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