Global data to increase 10x by 2025: Data Age 2025
PUNE: Data creation is likely to increase ten times to 163 zettabytes (zb) by 2025, as per a study done by IDC, Data Age 2025. The study was sponsored by data and storage company Seagate. Unlike the past where consumers have been the primary creators of the bulk of the world’s data, the report predicts that this will change, with enterprises creating 60% of the world’s data by 2025. This presents businesses with the opportunity to embrace new opportunities using this data and the insights it generates, but will also require strategic choices on data collection, utilization and location. Seagate advises leaders to sharpen their focus on the mega trends driving data growth over the next several years, and examine their business' course for the future value of data from creation, collection, utilization and management.
Other key findings include the evolution of data from business background to life critical with nearly 20% of all the data being critical to our daily lives and about half of that will be hyper critical. Further, the average connected person will interact with connected devices nearly 4,800 times a day, or every 18 seconds. The increase in data available will also result in far more data analysis with machine learning having a greater impact. IDC estimates that the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 ZB in 2025. A quarter of the data created will be real time in nature, and IoT real time data will constitute over 95% of it.
Finally, while the bulk of the data creation in the past decade has been characterized primarily by an increase in entertainment content, the coming decade will reflect the shift to productivity-driven and embedded data, as well as non-entertainment images and video such as surveillance and advertising.
“While we can see from this new research that the era of Big Data is upon us, the value of data is really not in the ‘known’, but in the ‘unknown’ where we are vastly underestimating the potentials today. What is really exciting are the analytics, the new businesses, the new thinking and new ecosystems from industries like robotics and machine-to-machine learning, and their profound social and economic impact on our society,” Seagate CEO Steve Luczo said. “The opportunity for today’s enterprises and tomorrow’s entrepreneurs to capture the value of data is tremendous, and our global business leaders will be exploring these opportunities for decades to come.”
IDC SVP Dave Reinsel said: “From autonomous cars to intelligent personal assistants, data is the lifeblood of a rapidly growing digital existence – opening up opportunities previously unimagined by businesses. Technology innovation will be vitally important to evaluate and fully activate the intricacies of what’s contained within this large volume of data – and storage in particular will continue to grow in importance, as it provides the foundation from which so many of these emerging technologies will be served.”
Other key findings include the evolution of data from business background to life critical with nearly 20% of all the data being critical to our daily lives and about half of that will be hyper critical. Further, the average connected person will interact with connected devices nearly 4,800 times a day, or every 18 seconds. The increase in data available will also result in far more data analysis with machine learning having a greater impact. IDC estimates that the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 ZB in 2025. A quarter of the data created will be real time in nature, and IoT real time data will constitute over 95% of it.
Finally, while the bulk of the data creation in the past decade has been characterized primarily by an increase in entertainment content, the coming decade will reflect the shift to productivity-driven and embedded data, as well as non-entertainment images and video such as surveillance and advertising.
“While we can see from this new research that the era of Big Data is upon us, the value of data is really not in the ‘known’, but in the ‘unknown’ where we are vastly underestimating the potentials today. What is really exciting are the analytics, the new businesses, the new thinking and new ecosystems from industries like robotics and machine-to-machine learning, and their profound social and economic impact on our society,” Seagate CEO Steve Luczo said. “The opportunity for today’s enterprises and tomorrow’s entrepreneurs to capture the value of data is tremendous, and our global business leaders will be exploring these opportunities for decades to come.”
IDC SVP Dave Reinsel said: “From autonomous cars to intelligent personal assistants, data is the lifeblood of a rapidly growing digital existence – opening up opportunities previously unimagined by businesses. Technology innovation will be vitally important to evaluate and fully activate the intricacies of what’s contained within this large volume of data – and storage in particular will continue to grow in importance, as it provides the foundation from which so many of these emerging technologies will be served.”
