In today’s digital age, we generate and store more data than ever. Every aspect of our daily lives leaves a digital footprint, from social media posts to online transactions. But have you ever wondered how much data there is in the world? In this article, we will explore this question and provide some insights into the incredible amount of data we generate daily.
According to recent estimates, the total data worldwide was approximately 59 zettabytes (ZB) in 2020. To put this number into perspective, one zettabyte equals one trillion gigabytes. This means there are over 59 trillion gigabytes of data in the world today. This number is expected to grow to 175 zettabytes by 2025, which is more than three times the amount of data that existed in 2018.
Most of this data is generated by individuals and organizations, with the rest coming from devices such as smartphones, sensors, and connected devices. Social media platforms, search engines, and e-commerce websites are among the largest data generators, with billions of users generating and consuming data daily.
Amount of company Data in the World
Data generated by businesses in 2020 is estimated to amount to 33 zettabytes (ZB), meaning there are currently more than 33 trillion gigabytes of company data worldwide.
Large corporations and enterprises generate most of this data, but small and medium-sized businesses contribute significantly to the data ecosystem. This data includes everything from financial records to customer, supply chain, and operational data.
The amount of company data is small compared to the amount of consumer data worldwide, because there are much more consumer in the world than companies. The biggest part of all the data in the world is generated from the 8 billion people that live on our planet.
The world is home to 310 million companies. Around 38 data attributes per company are available (company name, phone number, industry, number of employees, etc.). This means our company database has around 12 billion data points, representing 27 gigabytes of company data. The amount of new company data we generate is around 1 million new startups per month, representing 100 megabytes of monthly new data. This is only a fraction compared to the 10 zettabytes of consumer data. Nevertheless, the amount of company data is equally important. Each company has customers and suppliers and thus generates company data. You will have difficulty growing your business if your data is not updated. BoldData can help you manage your company with data cleansing. Contact us for free tailor-made advice and an independent quote. Please call +31(0)20 705 2360 or send an e-mail to firstname.lastname@example.org.