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Mind-Blowing Computing Stats That You Must Know In 2024!
By TechDogs Editorial Team
Overview
Computing is everywhere - from our smartphones and laptops to business servers and wearables. We can't live without computing any more than we can without cat videos on the internet!
Yet, beyond the memes, computing is a vast and dynamic field that is changing with each technological innovation. This makes it critical to stay updated on the latest that's happening in the world of computing. So, take a deep dive into the world of computing as we uncover mind-boggling stats that will make you see the digital world in a whole new light!
In a nutshell – computing is critical to our modern living and it pays to be aware of the latest in the various realms of computing. We're sure that by the end of this article, you’ll be able to impress your colleagues with your newfound knowledge. So, fire up your computer and explore these mind-blowing Computing Stats of 2024!
Mind-Blowing Computing Stats That You Must Know In 2024!
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1 trillion dollars is the expected valuation of the global cloud computing market by 2028. This stat indicates the significant economic impact of the cloud computing market and highlights its potential in helping businesses generate more revenue. - Souce: CloudZero
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43% of global organizations are worried about the complexity of integrating quantum computing systems into existing IT infrastructure. This highlights the primary challenge that most organizations face in the adoption of quantum computing are compatibility and accessibility. - Source: Coolest Gadgets
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28% of use cases in the finances sector can leverage quantum computing, making it the largest beneficiary of the technology. The application of quantum computing in finance can significantly enhance computational capabilities, paving the way for more efficient data analysis and strategic decision-making. - Source: Coolest Gadgets
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60% of the world’s corporate data is stored in the cloud and uses cloud computing. This stat shows the widespread adoption of cloud computing among businesses, thanks to the benefits it offers in terms of data management and accessibility. - Source: Exploding Topics
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48% of technology businesses invest in cloud computing technology innovations. Investing in cloud computing technology innovations enables tech companies to enhance scalability, optimize resource utilization and achieve cost efficiencies in the dynamic business landscape. - Source: Gartner
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50% share in the quantum computing market is held by the United States, making it the largest shareholder in the industry for 2023. This stats shows the geographic disparity in the quantum computing industry in 2023 as most of the leading players are US-based tech businesses, including IBM, Google and Microsoft. - Source: Coolest Gadgets
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82% of enterprises use a hybrid model for their cloud computing needs. This shows that businesses are embracing a hybrid cloud model to achieve a harmonious balance between on-premises and cloud environments, fostering agility and cost efficiency for sustained business growth. - Source: Exploding Topics
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21.6% compound annual growth rate (CAGR) is expected to be seen for the edge computing market between 2022 and 2028. This predicts a sustained growth as a strong demand for edge computing solutions will present long-term opportunities for investment and innovation. - Source: Tech Target
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150 billion dollars is the approximate valuation of the cloud applications market. This stat indicates the significant growth of cloud computing in recent years and its potential that has incentivized businesses to invest in the technology. - Source: Exploding Topics
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780 million dollars is the expected worth of the quantum computing industry by 2025. This highlights the fact that several industries such as finance, logistics, pharmaceutical, etc., will drive the quantum computing industry as it has the potential to solve complex problems that are intractable for classical computers. - Source: Connect Comptia
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20.7% increase in public cloud services spending was seen in 2023, reaching a valuation of nearly $600 billion. The reason for such quick growth is that more businesses are adopting cloud computing services to improve scalability, flexibility and cost-efficiency, leading to a quantum leap in the cloud services market. - Source: Exploding Topics
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9% compound annual growth rate is expected to be seen in the global supercomputer market, taking it from 7 billion dollars in 2023 to 19 billion dollars by 2033. As supercomputers will be essential for solving large-scale problems and performing complex simulations, various industries and scientific research groups are driving the supercomputer market. - Source: Enterprise Apps Today
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66% of respondents said edge computing increases the attack surface for hackers to access sensitive data. This shows that companies need to invest in robust security measures to protect sensitive data processed at the edge, leading to a growing market for edge security solutions. - Source: Forbes
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3% of the world’s energy consumption is attributed to cloud data centers. This has led to an uptick in hybrid cloud models that enable enterprises to seamlessly scale their operations, optimize resource allocation and enhance flexibility, while responding to rising energy demands. - Source: Exploding Topics
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14% increase in likelihood of achieving organizational goals was observed with IT leaders who used cloud computing over those who did not. This stat validates the value-add that cloud computing brings to business leaders, especially through real-time analytics and insight generation on the cloud. - Source: Google Cloud
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90% of large enterprises have adopted a multi-cloud infrastructure. Embracing a multi-cloud infrastructure enhances business resilience by mitigating the risk of service disruptions and fostering agility through diversified cloud resources, thanks to cloud computing becoming the norm. - Source: Exploding Topics
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36% of commercial real estate executives plan on investing in cloud computing. The adoption of cloud computing in commercial real estate will revolutionize property valuation processes by leveraging real-time data analytics to provide more accurate and dynamic assessments. - Source: Exploding Topics
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2.6 public and 2.7 private clouds are used on average by enterprises. This shows that enterprises are diversifying cloud infrastructure across multiple providers to enhance resilience, mitigate risks, optimize performance and ensure uninterrupted business operations. - Source: Exploding Topics
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47% of organizations in various industries follow a cloud-first strategy by deploying new applications using public cloud services, while 26% are on-premises-first but still consider compelling cases to deploy in cloud. This shows that almost half of all organizations consider using the public cloud for net-new applications and workloads, as cloud computing has simplified the process. - Source: Google Cloud
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35% of organizations cite performance flexibility as the top reason for using more than one public cloud infrastructure provider. Industry also plays a role in what type of prioritization IT leaders care about. For example, healthcare organizations (45%) lean more heavily towards cost flexibility. Retail (48%) and technology (45%) organizations want teams to be able to use their preferred clouds of choice. Finance organizations (43%) want to avoid vendor lock-in. - Source: Google Cloud
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50% of enterprises will use industry cloud platforms to accelerate their business initiatives by 2027. This stat highlights the rising adoption of industry cloud platforms that can help streamline operations, boost efficiency and innovation for cloud-first enterprises. - Source: Google Cloud
Conclusion
In a world where technology reigns supreme, these surprising and informative stats will make you rethink how critical computing technologies are to us. From your favorite cat memes and the latest Netflix algorithm to your go-to social media application, computing is what makes the digital realm come alive!
Well, fellow tech enthusiasts and computing wizards, this is just the beginning of our journey through the world of computing. We will be updating this article with the latest and hottest stats from across the world of computing technologies.
So, don’t be like the cat and bookmark this page so you can come back to the latest Computing Stats of 2024. Until next time, may your computing be forever strong!
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