The 7 major mainstreams of global big data in 2018 will reach 80 billion US dollars in 2020.

“Big Data” is a hot word of the World Economic Forum. It is reported that the global big data industry will develop strongly in 2018 and will show seven development trends. In the global big data market in the next five years, the compound annual growth rate is about 15.37%.

At the beginning of the new year, global important conferences such as the World Economic Forum in Davos have made "big data" an important topic for discussion and outlook. With the rapid development of big data, our country is also reviewing the situation, carefully planning, advancing the layout, and striving for initiative. The newspaper carefully planned, conducted research and interviews on global big data development trends, China's opportunities and challenges, big data development legal system construction, etc., and launched three articles on the “Big Data Observation” series of reports, so stay tuned.

“Big Data” is one of the hot words of this year's Davos World Economic Forum. All walks of life expressed great concern about the digital transformation factors such as cloud computing and big data. At the 2018 Las Vegas Consumer Electronics Show (CES) held at the beginning of the year, Gary Shapiro, president and CEO of the Consumer Technology Association, and Brian Krzani, CEO of Intel, said. Big data will have a profound impact on human life. Big data is a huge driving force for the future development of science and technology. The global big data industry will grow strongly in 2018.

The size of the big data market reached 20 billion US dollars in 2022

The reporter combed the latest statistics of domestic and foreign authorities. By 2022, the global big data market reached 80 billion US dollars, with an average annual growth rate of 15.37%. In the past two years, the wave of big data development has swept the world. The data collected, processed and accumulated by various economic and social systems around the world is growing rapidly, and the market size of big data industry is gradually increasing. From the perspective of all parties, the big data industry in 2018 may present seven major development trends such as the further development of open source big data commercialization.

According to monitoring statistics, the total amount of data in the world in 2017 is 21.6ZB (1 ZB is equal to 10 trillion bytes). At present, the global data growth rate is about 40% per year. It is expected that the global data will reach 2020 by 2020. 40ZB.

The 7 major mainstreams of global big data in 2018. The scale of 2020 is 80 billion US dollars.

Wang Jian, chairman of the technical committee of Alibaba Group, said in an interview with reporters: "In the past, human development left data, but the data is not enough, and it is difficult to form resources; but the large amount of data left by the Internet era can become a resource." Bernd Leukert, a member of the company's board of directors, said that information technology (IT) systems rely on traditional data processing methods, and that large amounts of data need to be manually entered; however, any physical existence today automatically generates data, people, people and things, things and things. Big data will be generated, and the data flow will profoundly change all aspects of the operation of the enterprise.

Qiu Dongxiao, director of the Tsinghua Data Innovation Base, said in an interview that big data must first be defined at several levels. One is the technical level, which is big data, Internet of Things and AI. The second is the application level, applying big data technology to various fields to improve efficiency and reduce costs. The third is the industrial level, using big data technology to promote industrial upgrading and promote industrial restructuring. The fourth is the ecological level. How do talents, policies and markets work together, and how to communicate with each other between regions and internationally.

According to the forecast of a number of institutions, the global big data market will reach 45.4 billion US dollars in 2018. The compound annual growth rate will be 15.37% in the next five years (2018-2022) and the market size will reach 80.5 billion US dollars. It is estimated that the size of China's big data market will reach 28 billion yuan in 2018, and the compound annual growth rate in the next five years (2018-2022) is about 27.29%.

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