Data

[New] Oil prices rose on Monday, supported by tighter supplies and a string of data expected to show economic recovery across the globe and despite a spike in coronavirus cases in the United States and other countries.
[New] The most accurate forecaster of U.S. economic data eight years in a row, said the U.S. will not return to its fourth quarter 2019 real GDP level until at least 2022.
[New] Overall mobile data traffic is estimated to grow at an annual rate of around 55% in 2020-2030 to reach 607 exabytes in 2025 and 5, 016 EB in 2030.
[New] The trend of exponential growth will continue and by 2030, the overall mobile data traffic will reach astonishingly 5 zettabytes (ZB) per month.
[New] The last decade has witnessed a never-ending growth in the global mobile data traffic, expecting to experience a 23 times increase in 2021 in data volume compared to the entire global Internet traffic in 2005.
[New] The Chinese government will spend up to $400 billion on data centres and high-tech infrastructure this year, as digitalisation gains pace and companies increasingly look to store data nearby to improve latency.
[New] Data Bridge Market Research analyses the CBD Oil Extract Market to account for USD 25.57 billion by 2027 growing at a CAGR of 21.0% in the forecast period of 2020 to 2027.
[New] Asian share markets began the second half of 2020 struggling for headway, as consistently strong economic data was offset by worries that surging coronavirus cases in the United States could derail the world's recovery before it properly begins.
[New] Data Bridge Market Research analyses the Hospital Asset Management market to account to USD 46.44 billion by 2027 growing at a CAGR of 21.6% in the above-mentioned forecast period.
[New] The growing penetration of drones in precision farming and the introduction of big data in agriculture farms will bring innumerable growth opportunities in the market over the coming years.
[New] Sweden's state epidemiologist has rejected a warning by the World Health Organization, accusing it of misinterpreting COVID-19 data by including Sweden in a list of European countries at risk of a resurgence.
[New] By the end of 2020, 15% of SMBs will be highly data driven and 30% will be using cloud-based prescriptive analytics and 50% of midmarket firms will demand AI-driven analytical platforms to proactively prescribe actions that will mitigate risk / increase opportunity within the predicted future.
[New] The combination of data and advanced analytics could unlock more than $US 1 trillion in new value this year alone.
[New] Fixed Wireless Access connections are forecast to reach nearly 160m by end of 2025 - totalling about 25 pc of global mobile network data traffic.
[New] Over the next 5 years, the way data is collected, manipulated, and interpreted will fundamentally change the way the earth's natural systems will be monitored.
[New] Blockchain's big bang moment will occur in an area with the highest value and risk and where people are willing to pay for the data - the pharmaceutical industry.
The global use, transmission and storage of data continues to soar, as exemplified by the volume in global mobile traffic, which is expected to increase by 56% per year through 2030.
Containerized data center market is expected to reach USD 54.30 billion by 2027 witnessing market growth at a rate of 28.12% in the forecast period of 2020 to 2027.
The demand for Global Big Data and Data Engineering Services market is anticipated to be high for the next five years.
The monthly average usage of mobile data in North America is expected to reach 4 5GB per month per smartphone by 2025.
Because data analysis is mission-critical to both physical and digital organizations alike, demand for Splunk's Data-to-Everything platform will only increase as the volume and value of data across the world explodes higher over the next several years.
The adoption of big data technology is gaining popularity with 25% of enterprises using big data and analytics in Central & Eastern Europe: A significant investment is likely to be made on data center projects during the period 2019-2025.
The rapid growth in smartphone subscriptions is expected to continue, with China alone set to add around 170 million smartphone subscriptions between 2019 and 2025, further driving data traffic growth.

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Last updated: 12 July 2020