- March 6, 2019
- Posted by: admin
- Category: Uncategorized
Big Data and IoT-The Global DataSphere, a measure of how much new data is produced and replicated every year is all set to grow by more than five times within the next seven years. This mammoth growth projection was released by Seagate Technology PLC, an American data storage company. The major drivers in data growth worldwide belong to Internet of Things (IoT) devices, Big data, and Productivity data which show an incredible growth.
The Global DataSphere
The Global DataSphere quantifies and analyses the data created, replicated and captured in any given year anywhere across the world. It also analyses how much of that data is stored across different storage components like optical, tape, HDD, flash and memory alike. The data currently we have is huge, in terms of quantity. According to the IDC, the total data existing in the world or the DataSphere will grow from 33 zetta-bytes in 2018 to a mind-boggling 175ZB by 2025.
This massive 61% CAGR was put forward by IDC‘s latest “Data Age 2025” whitepaper. The Data Age 2025 whitepaper studied the phenomenal growth of data and the impact of digitization on the world.
This report, sponsored by hard drive maker Seagate, contained many eye-popping findings that bring out the projected state of big data in 2025, including:
• Over the next seven years, the storage industry will ship 42ZB of data
• IoT devices will create 90 ZB of data
• Public cloud environments will store 49% of Data
• Real-Time consumption of data will be nearly 30%
The amount of data that is generated far exceeds the human ability to store it. BS Teh, SVP, global sales and sales operation, Seagate Technology adds, “Looking at the astonishing scale of data stored and generated, storing 175ZB on a pile of Blu-ray discs, the stack would reach the moon”.
Where will be the massive data generated by IoT and Big Data get stored? The answer is the public cloud which will have more data stored than in consumer devices, and by 2021, more data will be stored on the cloud than in traditional data centers.
Read More Here
Article Credit: Analytics Insight
The post By 2025, the World’s Data will Grow by 5x Propelled by Big Data and IoT appeared first on erpinnews.