Data Infrastructure Market Predictions for 2023: A Decade of Growth

Tomasz Tunguz, a venture capitalist at Theory Ventures, presents 10 predictions for the data industry at the Impact Data Summit on October 25th, 2022. The article highlights that data products have generated more market cap than any other SaaS subsegment in the past five years, with cloud databases capturing $39 billion in annual spend—approximately half of all database revenue. The summit features industry leaders including founders from Databricks, Fivetran, dbt, Confluent, Looker, and Monte Carlo Data.