Big data investment demand in Russia 2020-2024, by purpose

The estimated figures showed that the use of big data to collect information on the Internet of Things (IoT) in Russia would require a growing volume of investment, starting with 25 billion Russian rubles in 2020 and reaching 60 billion Russian rubles in the following five years. The demand for this subtechnology for the purpose of predictive analytics was expected to reach 15 billion Russian rubles by 2024.

Estimated demand for investment of big data subtechnology in Russia from 2020 to 2024, by purpose

Internet of Things data collectionConvergent program-determined data storageData management and utilization using artificial intelligence (AI) and machine learningBusiness intelligenceData enrichmentPredictive analytics
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Sources

Release date

July 2019

Region

Russia

Survey time period

2019

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