Big Data Statistics: $16.9 Billion Market By 2015

We have written about cloud computing stats - we spotted this today:

"Market research firm IDC has released a new forecast that shows the big data market is expected to grow from $3.2 billion in 2010 to $16.9 billion in 2015.

Big data is a new frontier in IT where data sets can grow so large that they become awkward to work with using traditional database management tools. Thus, the need for new and more tools, frameworks, hardware, software and services to handle this emerging issue represents a huge market opportunity."

Statistics Source: CIO Insight