Reasons for the growth of data

 


4.    What are the reasons for the growth of data?



The rapidly increasing volume and complexity of data are due to growing mobile data traffic, cloud-computing traffic and burgeoning development and adoption of technologies including IoT and AI, which is driving the growth of big data analytics market. Over 2.5 quintillion bytes of data generated every day.

 Data is created by every click, swipe, share, search, and stream, proliferating the demand for big data analytics market globally.


5 reasons Big Data is growing so fast:

 

1.     We have more data now then we ever had in past and even more is expected in the future.

2.     Today we have more computing power and better and economical ways to harness it.

3.     There are a lot of innovations and developments in software for unstructured data.

4.     Analytical algorithms are advancing in several areas, most importantly with machine learning.

5.     The uptake and evolution of the Internet of Things (IoT) has made a substantial impact on everything from consumer electronics to military equipment.

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Reference:

https://datafloq.com/read/5-Reasons-Big-Data-Market-is-Exploding/1948

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