The latest data from the Iresearch Economic Research Institute, released April 24, found that Japan's big data market in 2020 was expected to reach 1 trillion trillion yen. In 2011, the market for large data, including software licensing, system building, hardware and maintenance, amounted to 190 billion yen, which is expected to grow by 5% in 2012, followed by a growth rate of around 20%.
With the rapid development of Internet, cloud computing, mobile Internet and IoT, the way of using large data analysis to realize business intelligence in marketing activities has been paid more and more attention. In the future, the position and function of large data market in society will also change profoundly: in the short term, with the increasing of the attention of large data market and the progress of data processing technology, the market scale expands gradually. In the medium term, 2015 years or so, large data will be widely used in enterprises, fierce competition and cooperation will promote the change of the industry pattern. In the long run, markets tend to mature and slow down around 2017. The large data based on cloud technology is expected to be used in urban infrastructure construction and so on, so as to realize the reduction of social cost and optimize utilization.
(Responsible editor: The good of the Legacy)