This question is about big data statistics.

How fast is the big data market growing?

By Zippia Team - Jun. 29, 2022

The big data market is growing by about 14% every year. This was its growth rate in both 2020 and 2021, and although it's expected to keep growing, it's supposed to see slower rates in 2023 (10%) and 2024 (9%). In 2025, the big data market is only expected to grow by 7%, and the same goes for 2026, 2027, and 2028.

2015 was the only year that the big data market decreased in size, dropping by 16%. This came at the tail end of especially high growth rates from 2012 to 2014 (61%, 60%, and 40%, respectively), and the industry hasn't grown nearly as much in the years following.

In 2016, the market grew by just 22%, and its growth rate hasn't breached 24% since then.

How fast is the big data market growing?

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