According to South Korea's "Asian Economic" website quoted the "Korean Daily" report on April 10, 2018, the global big data market is expected to be 150 billion US dollars (approximately 944.31 billion yuan), by 2020 is expected to expand to 210 billion US dollar (approximately RMB 1.3 trillion). Among them, China's total volume of big data will account for 20%, becoming a global big data country.
According to reports, about 53% of companies worldwide are actively using big data to improve services, but South Korea still lags behind. Only 5.8% of IT-related companies use big data systems.
According to the report, the Korea International Trade Research Institute of the Korean Trade Association issued a comparative report on China-Korea big data transactions on the 9th. According to the content, the scale of China's big data market in 2016 is 2.67 billion US dollars (approximately 16.83 billion yuan), which is expected to increase to 2020. US$9.19 billion (about RMB 57.85 billion). According to the report, China has built a big data trading platform. Enterprises can freely share and purchase legal big data information through such platforms. However, the scale of the Korean big data market in 2016 is only 330 million U.S. dollars (about 2.08 billion yuan).
According to the report, in order to increase the use rate of big data, both South Korea and China have established big data circulation and operating agencies and continue to develop related markets. Even if companies do not have their own databases, they can purchase big data products to increase their production costs. Marketing strategy, improving customer service etc.
Park Joon-ho, chief researcher of the Korea Trade Association, said that compared with the big data market, big data commodities trading is still in its infancy. At the same time, the transaction needs to improve the big data sharing environment, cultivate relevant experts, and improve the legal system. Work hard in other areas.