Key takeaways
• Competitive pressure pushes APAC businesses to adopt Big Data analytics to derive actionable insights from massive volumes of data.
• Big Data analytics is not a single technology or device: individual components depend on 5G to enable key aspects of Big Data analytics.
• Professionals need to ensure data quality, make prudent infrastructure investments, and hire qualified personnel to unlock the full potential of Big Data analytics.
• Overcoming obstacles to Big Data analytics and 5G adoption requires businesses to connect to the right outside partners with sufficient expertise in the field.
APAC spending on Big Data analytics solutions will reach US$42.2 billion in 2023.²
As more companies realise the tangible benefits and competitive advantage of Big Data analytics, the money has followed suit: an IDC guide estimates that APAC spending on Big Data analytics solutions will reach US$42.2 billion in 2023, growing by 19.6% from 2020.2