TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Data & Analytics

Data & Analytics

IDC's Global DataSphere Forecast Shows Continued Steady Growth in the Creation and Consumption of Data

Via IDC

May 11, 2020

FRAMINGHAM, Mass., May 8, 2020 – More than 59 zettabytes (ZB) of data will be created, captured, copied, and consumed in the world this year, according to a new update to the Global Datasphere from International Data Corporation (IDC). The COVID-19 pandemic is contributing to this figure by causing an abrupt increase in the number of work from home employees and changing the mix of data being created to a richer set of data that includes video communication and a tangible increase in the consumption of downloaded and streamed video.

IDC's Global DataSphere measures the amount of data created and consumed in the world each year. The ratio of unique data (created and captured) to replicated data (copied and consumed) is roughly 1:9, but the trend is a slow migration toward less unique and more replicated data. By 2024, IDC expects this ratio to be 1:10. While the COVID-19 pandemic has hindered the creation of new unique data, the increased consumption of replicated data has fueled the continued growth of the Global DataSphere. This growth is forecast to continue through 2024 with a five-year compound annual growth rate (CAGR) of 26%.

"Growth of the Global DataSphere is driven more by the data that we consume and analyze than what we create," said David Reinsel, senior vice president for IDC's Global DataSphere. "Obviously, data must be created before it can be analyzed, but the recursion rate of data – the rate at which the same data is processed again – continues to grow exponentially driving the 'unique' DataSphere down to 10% of the total DataSphere."

Key findings from the Global DataSphere forecast include the following:

  • The amount of data created over the next three years will be more than the data created over the past 30 years, and the world will create more than three times the data over the next five years than it did in the previous five.
  • Productivity/embedded data is the fastest growing category of data creation with a 40.3% CAGR for the 2019–2024 forecast period. By 2024, entertainment data will be 40% of the Global DataSphere and productivity/embedded data will be 29%, stalled somewhat by COVID-19 dynamics.
  • Sensors are being embedded into anything and everything and throwing off data that can help contextualize data. This data along with increasing amounts of metadata (data about data) is growing aggressively and soon will surpass all other data types.
  • The consumer share of the Global DataSphere will hover around 50% and decline roughly 4% over the next five years, slowly ceding share to the enterprise DataSphere.
  • Video surveillance data and privacy and regulatory initiatives/mandates continue to intersect with one another. Finding the correct balance between security, personalization, efficiency, and individual rights to privacy will be one of the great tensions of this decade.

"We live in an increasingly video-enabled and video-assisted world, and consume an increasing amount of entertainment video each year – these are key factors driving the growth of the Global DataSphere," said John Rydning, IDC's Global DataSphere research vice president. "At the same time, we are steadily making more productive use of the video data we capture, which is contributing to the growth of productivity data in the DataSphere."

Related Topics
  • Business Models,
  • Cloud,
  • Digital Platforms and Services,
  • Enterprise,
  • Global,
  • IDC,
  • Media & Entertainment,
  • Policy & Regulation,
  • Smart Cities,
  • Telco & CSP,
  • Tracker,
  • Video

More Like This

Spotlight on 5G

Why Sandvine has become the App QoE company

Mar 15, 2023

Network Automation

Nokia launches analytics software #MWC23

Feb 20, 2023

Digital Platforms and Services

Sandvine introduces new AppLogic product to help service providers reduce costs and improve customer satisfaction

Feb 16, 2023

Digital Platforms and Services

Rakuten Symphony proves 4x productivity boost for radio access network planning

Feb 3, 2023

Digital Platforms and Services

Three UK harnesses data to drive personalised customer experience with Amdocs

Feb 2, 2023

This content extract was originally sourced from an external website (IDC) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

10:43

MWC23 interview: Mari-Noëlle Jégo-Laveissière, deputy CEO of Orange

12:45

MWC23 interview: Abdu Mudesir, Group CTO, Deutsche Telekom

9:26

MWC23 interview: Greg McCall, Chief Networks Officer, BT

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us

  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).