Worldwide Global DataSphere Forecast, 2021–2025: The World Keeps Creating More Data — Now, What Do We Do with It All?
This IDC study presents a five-year forecast for the worldwide Global DataSphere market. The worldwide Global DataSphere market is a measure of how much new data is created, captured, and replicated each year. It is forecast by several segments including consumer/enterprise, region, data type, location (core, edge, endpoint), and cloud/noncloud."Data creation across the globe defied the systemic downward pressure asserted by the COVID-19 pandemic on many industries, and its impact will be felt for several years," according to Dave Reinsel, senior vice president, IDC's Global DataSphere. "The amount of digital data created over the next five years will be greater than twice the amount of data created since the advent of digital storage. The question is: How much of it should be stored?"
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Growing Consumption of OTT and Entertainment Content
- Future of Customers and Consumers Relies More on Data
- Adoption and Proliferation of Cloud Are Exacerbated
- Future of Work
- Inhibitors
- Enforcement of Intellectual Property Protection Laws
- Digital Fatigue
- Digital First Rather than Digital Convert
- Another Black Swan Event
- Significant Market Developments
- Should the World Store More of the Data It Creates?
- Business Resiliency
- Data Is Valuable and Drives More Revenue
- Data Can Be Used to Drive Trust and Empathy
- Changes from Prior Forecast
- Market Definition
- Data Type
- Location
- Data Creator or Manager
- Methodology
- Related Research
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