17 Top Big Data Tools and Technologies to Know About in 2022
The world of big data is only getting bigger. Organizations of all stripes are producing more data year after year, and they're finding more ways to use that data to improve operations, better understand customers, and deliver products faster and at lower costs, among other applications. In addition, business executives looking to get value from data faster are seeking real-time analytics capabilities.
That's all driving significant investments in big data tools and technologies. In an August 2021 report, market research firm IDC pegged expected worldwide spending on big data and analytics systems at $215.7 billion in 2021, up 10.1% year over year. It also predicted that spending would grow at a compound annual growth rate of 12.8% through 2025.