Data is growing at an accelerated rate

Data is growing at an accelerated rate

Digital data will grow at a compound annual growth rate (CAGR) of 42% through 2020. (IDC)

The world’s data will grow by 50X in next decade. (IDC)

Every day we create 2.5 quintillion bytes of data. (That’s the equivalent of about half a billion HD movie downloads.) (IBM via Storage Newsletter)

By late 2014, 31% of large enterprises expect to manage more than 1 petabyte. (IDG Enterprise Big Data Study, 2014)

In the media and entertainment market alone, more than 99 exabytes of digital storage will be used for digital archiving, content conversion, and preservation by 2018. (Tom Coughlin)

Average mobile data consumed per user doubled in 2013 – averaging 1.38 GB/month. Most activity is logged and kept, thus telecom providers need massively scalable storage to accommodate information generated by mobile devices. (Gigaom.com)

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