It became
a vital to pay attention to Big Data . According to Forbes, it is on its
way to becoming a movement. Big Data is one of the greatest trends in IT today
and continues to grow the businesses see the importance of making the data-driven
decisions. With the vast amounts of data is also being produced in real-time,
there is huge demand for people with skills to analyze and help organizations
use this data effectively.
How the Big Data Market is Doing – Future
Predictions:
According
to the IDC forecast, the Big Data market is predicted to be worth of 46.34
billion dollars by 2020 and is expected to have a sturdy growth across Big Data
related infrastructure, softwares over the next five years. IDC also predicts
that the Big Data technology and the associated services market is also expected
to grow at a compound annual growth rate of 23.1% over the period of 2014-2019
with annual spending reaching 48.6 billion dollars in 2019. Hadoop which has
become almost synonymous with Big Data is predicted to grow at 68.2% CAGR
between 2013 and 2020.

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