Global spending on big data technology is expected to surpass $57 billion this year, and will increase by at least 10 percent per year through 2020.

That is the forecast of SNS Research, which just released its report “Big Data Market: 2017 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts.” The report presents an in-depth assessment of all aspects of big data, including key market drivers, challenges, investment potential, vertical market opportunities and use cases, future roadmap, value chain, case studies on big data analytics vendor market share and strategies.

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