According to Fortune Business Insights, the global big data analytics market was valued at $240.56 billion in 2021 and it is forecasted to grow from $271.83 billion in 2022 to $655.53 billion by 2029, .
Investment advisory Barclays forecasts that 2023 will be one of the worst years for the global economy in forty years. Ned Davis Research put the chances of a crushing global downturn at 65%.