9 Predictions for Data in 2023
Tunguz presents nine predictions for the data infrastructure industry in 2023, including the dominance of cloud data warehouses, segmentation of data workloads by use case, emergence of metrics layers as unified data stack components, and the transformative impact of large language models on data engineering. The predictions span technological shifts (WASM, notebooks, WebAssembly) and operational changes (data observability, SaaS applications using CDW as backend) within the broader multi-billion-dollar data startup ecosystem.
Metrics in this report
75%percent
target
Data workloads by 2024
50%percent
Data workloads in 2022
80billion dollars
Industry growth from $36b five years prior
99.9%percent
target
Three-nines equivalent for data teams
20%percent
Share of all venture capital dollars in 2021
70incidents per 1000 tables
Current state before data observability adoption
60billion dollars
Total funding raised by data startups in 2021