Worldwide Global DataSphere Forecast, 2021–2025: The World Keeps Creating More Data — Now, What Do We Do with It All?

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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