The Big Data Market: 2016 - 2030 - Big Data Investments Will Account for over $46 Billion in 2016 and Further Expected to Grow at a CAGR of 12% over the Next Four Years
"Big Data" originally emerged as a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data to solve complex problems.
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