Worldwide Enterprise Global DataSphere by Vertical Industry Forecast, 2024–2028

Worldwide Enterprise Global DataSphere by Vertical Industry Forecast, 2024–2028


This IDC study includes 27 vertical industries with each industry grouped into one of six sectors — financial services, healthcare, infrastructure and energy, manufacturing and resources, public sector, and retail and services. The data in this study is a subset of IDC’s Worldwide IDC Global DataSphere Forecast, 2024–2028: AI Everywhere, But Upsurge in Data Will Take Time (IDC #US52076424, May 2024).“Data generation rates differ across industries — with areas like insurance, life sciences, and mining outpacing others — yet all are projected to experience substantial growth in the coming years,” says Adam Wright, research manager, Global DataSphere and StorageSphere at IDC. “This increase will be fueled by widespread digital innovation and the growing implementation of AI technologies across various fields.”


IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

The Enterprise Global DataSphere

The Enterprise Global DataSphere by Sector and Vertical Industry

Enterprise Global DataSphere by Vertical Industry and Data Type

Productivity Data

IoT Data

Market Context

Drivers and Inhibitors

Drivers

Artificial Intelligence (Including GenAI)

Expansion of IoT Devices and Signal Size

Digitization of Everything Physical by Cameras and Sensors

Inhibitors

Growing Complexity of a 3D DataSphere

Near-Term IT Spending Changes

Significant Market Developments

Changes from Prior Forecast

Market Definition

Methodology

Related Research

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