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Global big data market to top $7tn by 2021
2017/09/05
Middle East to support the growth; open data platform to drive citizen innovations and new digital revenue
September 04, 2017
Middle East Smart City innovations will support the global Big Data market growing to a record high of $7tn by 2021, says digital transformation enabler, Hitachi Data Systems.
 
The region is pouring investment into Smart Cities to enhance government efficiency and citizen services, supporting digital transformation initiatives such as Dubai Smart City and UAE Vision 2021, Saudi Vision 2030, and New Kuwait Vision 2035.
 
Smart Cities are leveraging connected sensors, devices, and social media in the Internet of Things (IoT) era, which will see 28bn connected devices creating a $7tn Big Data market opportunity, according to a recent report by Forbes Insights.
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