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Digital Manufacturing Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026

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Robert Roy
Digital Manufacturing Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026

The benefits associated with cloud analytics such as increasing accessibility, highly affordability, and data consolidation helps create a real-time mode for efficient data management.

Additionally, high adoption of cloud services also increases the cloud analytics market, globally.

According to the Coherent Market Insights analysis, in 2015, the cloud traffic was 1891 EB (Exabyte) and is estimated to reach 6844EB (Exabyte) by 2020.

This helps companies to understand the insights regarding customer experience, product description and many more that will help them in gaining the competitive advantage.

According to International Data Group reveals that unstructured data is growing at the rate of 62 percent per year, and that by 2022, 93 percent of all data will be unstructured.

Thus, as amount of unstructured data increases, it will positively impact on increasing the demand of cloud based data storage and cloud analytics tools.

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Robert Roy
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