Fortune Business Insights reports that the global big data analytics market size was valued at $307.51 billion in 2023. The data analytics and intelligence firm says that the market size will have a compound annual growth rate of 13 percent from 2024 through 2032. The global big data analytics market size will reach $924.39 billion by 2032. "The increasing digital solutions across business sectors, such as banking; health care; banking, financial services, and insurance; retail; agriculture; and telecom/media, significantly increase data," according to Fortune Business Insights. "For instance, artificial intelligence brings a noteworthy change in the agriculture sector's risk management, precision farming, and pest control."
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