Future Analytics

In 30 years, 40% of global GDP is going to be driven by the collection, analysis and use of data. This is an industry that’s worth getting to know, understand and be a part of for career longevity. Read on to discover where our robot, Athena, thinks there are opportunities and risks.
Athena’s forecast
Start year: 2016
Likely Tipping point: 2025
Likely End year: 2050
Likely Impact $: Billions
Likelihood: 80%
Regions affected: The World
Most affected sectors: IT, Manufacturing, Health, Energy, Transport, Food & Agriculture, Construction, Government
What is changing?


  • Worldwide revenues for big data and business analytics (BDA) will grow from $130.1 billion in 2016 to more than $203 billion in 2020.
  • By 2020, the U.S. market for big data and business analytics solutions will reach more than $95 billion.
  • Global market for search and content analytics will grow at a CAGR of over 22% between 2016 and 2020.
  • The global business intelligence market accounted USD 16.33 billion in 2015 and is expected to reach USD 26.50 billion by 2021.
  • US demand and growing global expansion will drive the market for defense and security applications to achieve a compound annual growth rate of 6.4 percent, rising from $6 billion today to more than $11 billion per year by 2025.
  • Global cloud security market was valued at around USD 4.7 billion in 2014 and is expected to reach USD 9.8 billion in 2020.
  • The global market for artificial intelligence was worth US$126.24 bn and is projected to reach a value of US$3,061.35 bn by the end of 2024.
  • The global market for text analytics will witness development at a rapid pace in the years to come.
  • Machine-learning-as-a-service models will hit nearly $20 billion in 2021 as companies increasingly adopt IoT-based technologies.
  • The global predictive analytics market could reach as high as $9 billion by 2020.
  • Global market for search and content analytics will grow at a CAGR of over 22% between 2016 and 2020.


  • The next decade of therapeutic drug development will be based upon new and more effective means of data mining and data analytics.
  • 30 percent of providers will use cognitive analytics with patient data by 2018.
  • The global market for medical robotics and computer-assisted surgical equipment will grow to $17.89 billion by 2022.
  • By 2018, 30 percent of providers will run cognitive analytics on patient data.
  • In the UK alone, healthcare could benefit from big data and the Internet of Things (IoT) to the tune of £16 billion between 2016 and 2020.
  • Wireless heartbeat analysis could be used for non-invasive health monitoring and diagnosis of conditions such as arrhythmia.
  • IoT will have a huge impact on emergency services.


  • Analytics could make HR into a strategic powerhouse for the business – enabling it to move from historical analysis to predictive analysis.
  • New job classes and capability profiles will rise.
  • By 2018, IDC predicts there will be a shortage of nearly 300,000 data scientists and analysts.


  • More than 80 percent of insurers expect automation systems incorporating AI to be embedded throughout their organizations in the next five years.


  • Mobile technologies combined with real-time behavioral analytics can help banks identify the best moments of opportunity to offer assistance or make an offer.
  • The global brain computer interface (BCI) market is expected to reach a value of US$1.23 bn by 2024.
  • AI, data analytics and robotics will introduce a new dimension to operational activity with millennials focussing on development, ideas generation and customer relationships.
  • Quantum computing will be the technological innovation that will disrupt Silicon Valley for the next 50 years.
  • By end 2017, 60% of APAC’s top 1000 companies will have Digital Transformation at the center of their strategy.
  • Advanced analytics could pave the way towards greener factories and a resplendent future.
  • Artificial intelligence will help in the behavioral analysis of past trends and past data.
  • Expect speech analytics to also serve as an enabler for high-accuracy conversational interfaces.
  • Leading-edge providers are already applying image analysis tech to decipher brand signals in social-posted media,
  • Predictive data and analytics will improve management of energy, water, and emissions.
  • Bigger-than-Big Data sets will need to be managed while complex analytics are exploring the consequences of climate change.
  • Businesses that are broadening the scope and the reach of their data warehousing and analytics solutions will continue to reap the rewards of better alignment, better performance, and accelerated growth.


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About this Alert: robot generated from verbatim forecasts and questions auto-extracted from the Shaping Tomorrow database of articles, reports and PowerPoints and supplemented with quantitative and graphical analysis by the robot. Time to compile and produce – 50 minutes.

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