Big data is the term for a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications. The challenges include capture, curation, storage, search, sharing, transfer, analysis, and visualization [1].
Here is an interesting infographic provided by elexio.com showing the huge figures and opportunities behind the “Big Data”.
Sorry, the infographic is not available anymore
[1] Source: Wikipedia