Rocket-Powered Data Science
MARCH 19, 2021
trillion by 2030. trillion by 2030.”. With its vast assortment of sensors and streams of data that yield digital insights in situ in almost any situation, the IoT / IIoT market has a projected market valuation of $1.5 One group has declared , “IoT companies will dominate the 2020s: Prepare your resume!”
Smart Data Collective
MAY 13, 2022
trillion on AI by 2030 ? In addition, they can understand the correlations with other statistics, helping them make changes in their product offerings, pricing, and marketing thrusts. They can use predictive analytics to closely study their current situation and forecast future results. . Takes advantage of predictive analytics.
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Smart Data Collective
JULY 24, 2023
a year until 2030. With the staggering statistics revealing that a significant portion of young adults, with 58% of those aged 16-24 and 49% of individuals aged 25-34 , now follow athletes on social media, it’s evident that the influence of these platforms in the world of sports is undeniable. billion on analytics last year.
Smart Data Collective
SEPTEMBER 19, 2022
Statistics show that 93% of customers will offer repeat business when they encounter a positive customer experience. billion on financial analytics by 2030. Forecasting Future Market Trends. It helps build brand reputation, enhances a company’s visibility, and encourages customer loyalty, which translates to increased revenues.
Smart Data Collective
MARCH 11, 2022
Global businesses are projected to spend over $684 billion on big data by 2030. Market analysts project that companies around the world will spend over $47 billion on customer journey analytics by 2030. You can see which representatives are meeting their targets and which ones need to boost their statistics this way.
CIO Business Intelligence
AUGUST 28, 2023
The World Bank has been coordinating a “ Digital Economy Initiative for Africa ” which aims to ensure that every individual, business, and government in Africa is digitally enabled by 2030. This statistic underpins a tremendous demand for infrastructure needed to supercharge economic growth. These efforts are clearly working.
IBM Big Data Hub
DECEMBER 20, 2023
Instead of using explicit instructions for performance optimization, ML models rely on algorithms and statistical models that deploy tasks based on data patterns and inferences. The global machine learning market was valued at USD 19 billion in 2022 and is expected to reach USD 188 billion by 2030 (a CAGR of more than 37 percent).
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