The Hidden Industry Behind FAANG’s Dominance
Think of some of the largest tech companies in the world.
Facebook … Amazon … Apple … Netflix … Google…
Those “FAANG” companies do very different things, of course. But they’re all built around one industry: Big Data.
And that industry is just heating up…
In today’s edition of Market Insights, Jeff Yastine and Ian discuss the Big Data boom set to play out over the next decade, and how you can profit now:
- Big Data should grow at a 61% compound rate from 2018 to 2025. It’s already a hugely important tech trend, but it’s only going to get bigger and bigger.
- The Internet of Things mega trend is feeding that growth. It’s adding 100 million more devices to the global network every month. That’s more than 1 billion a year!
- Data gives large companies such as hedge funds an edge over their competition. These companies pay a monthly or annual fee to use Big Data software. That’s why one expert calls this industry the “new oil” … and why it’s set to boom.
To watch their eight-minute video now, simply click on the image below:
Assistant Managing Editor, Banyan Hill Publishing