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Big data is already a $46B market, and growing fast

Big data is already a $46B market, and growing fast

September 7, 2016

Big data has been a big buzzword for more than a few years already, and it’s got some solid numbers to back that up, including $46 billion in 2016 revenues for vendors of related products and services. But the big data era is still just beginning to dawn, with the real growth yet to come.

So suggests a new report from SNS Research, which predicts that by the end of 2020, companies will spend more than $72 billion on big data hardware, software, and professional services.

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