How fast is data industry growing?

From 2020 to 2025, IDC forecasts new data creation to grow at a compound annual growth rate (CAGR) of 23%, resulting in approximately 175ZB of data creation by 2025.

How much data does 2021 generate?

around 79 zettabytes
In 2021, the overall amount of data generated in the world was estimated to be around 79 zettabytes. In 2021, it was forecast that the overall amount of data created worldwide would reach 79 zettabytes.

How much data is generated daily 2022?

Key Data Creation Statistics 2022 1GB of data can create 350,000 emails. 2.5 quintillion bytes of data is created every day.

How is data increasing?

The total amount of data created, captured, copied, and consumed globally is forecast to increase rapidly, reaching 64.2 zettabytes in 2020. Over the next five years up to 2025, global data creation is projected to grow to more than 180 zettabytes. In 2020, the amount of data created and replicated reached a new high.

What is data growth rate?

Data growth refers to the constant increase in the amount of data being produced by modern technological society as well as the increase in the amount of data an enterprise must store. According to Symantec’s 2013 State of Information Report ,data is growing at a rate of 60% to 70% annually.

How much new data is generated every day?

roughly 2.5 quintillion bytes
Every day, we create roughly 2.5 quintillion bytes of data. With the growing popularity of IoT (Internet of Things), this data creation rate will become even greater.

How much data is generated annually?

Now what about the amount of data generated in a year? According to Statista Digital Economy Compass, the world generated 33 zettabytes of data in 2018 alone. A zettabyte is 2 to the 70th power bytes, also expressed as 1021 (1,000,000,000,000,000,000,000 bytes) or 1 sextillion bytes.

How much data is projected to be created by 2025?

Over the next five years up to 2025, global data creation is projected to grow to more than 180 zettabytes.

How much data are we generating every day?

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