Big data

Big data

China's big data market forecast to cover 8% of world's total by 2026

The big data market in China is projected to represent nearly 8 percent of the global total by the year 2026, as indicated by a report released by the International Data Corporation. This significant growth is a testament to the rapid expansion and adoption of big data technologies and solutions within the country. As China continues to invest in and prioritize big data initiatives, it is poised to become a major player in the global data landscape.

With the increasing volume, velocity, and variety of data being generated in today's digital world, the demand for advanced analytics and data management tools is on the rise. Companies in China are leveraging big data to gain valuable insights, improve decision-making processes, and drive innovation across various industries. As the country's big data market continues to mature and evolve, it is expected to play a pivotal role in shaping the future of data-driven technologies on a global scale.