TECH SUPPLIER Aug 2021 - Market Forecast - Doc # US48126921

Worldwide Global DataSphere Volume of Data Analyzed and Fed into AI Forecast, 2021–2025

By:

John Rydning
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David Reinsel
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Abstract

This IDC study provides a forecast of data created or replicated in the Global DataSphere that is useful for analysis and the amount of data actually being analyzed and fed into AI/ML for 2021–2025. Various dynamics and factors impacting the amount of data analyzed or fed into AI/ML are highlighted and discussed.

"The amount of data analyzed is growing steadily each year, yet there is opportunity to leverage and extract even more insights and value by expanded use of data analytics than what organizations are doing today," according to John Rydning, research vice president, IDC's Global DataSphere.

"While the untapped value in the Global DataSphere and StorageSphere is consequential and ripe for analytics and AI, organizations will need to take a measured approach to ensure compliance to new and emerging regulations surrounding AI and privacy," according to Dave Reinsel, senior vice president, IDC's Global DataSphere.


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