In the past four years, the world has witnessed an unprecedented surge in data generation. By 2021, global data creation reached 79 zettabytes and is projected to double by 2025.1 In 2020 alone, every individual generated an astonishing 1.7 megabytes of data per second, contributing to a daily total of approximately 2.5 quintillion bytes of data globally. This explosion of data, propelled by advancements in digital technology and accelerated by the COVID-19 pandemic, has transformed numerous sectors, playing a crucial role in driving innovation, competitiveness, and economic growth. Its increased availability in personal, non-personal, and public data, coupled with advancements in storage and processing technologies, has unlocked immense potential.
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- United States of America