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The global big data market is projected to grow from $199.63 billion in 2024 to $573.47 billion by 2033, reflecting a compound annual growth rate (CAGR) of 12.44%, according to Market Data Forecast. Simultaneously, the big data analytics market is expected to rise from $277.14 billion in 2024 to $1,045.26 billion by 2033, achieving a CAGR of 13.7% as reported by Straits Research.
NVIDIA Corp. anticipates third-quarter sales between $54 billion and $56 billion, despite potential setbacks in H20 chip sales to China. The company projects a $3 trillion to $4 trillion AI infrastructure investment by 2030. Palantir Technologies recently surpassed $1 billion in quarterly revenue for the first time, raising its annual forecast to $4.142-$4.150 billion. Microsoft reported Azure revenues exceeding $75 billion, securing a 20-24% global cloud market share.
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