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The advent of big data has brought a revolution in the way data is collected, stored, processed, and analyzed by individuals, businesses, and organizations. Big data analytics has emerged as a critical tool for decision making across diverse industries, leveraging advanced computational techniques to extract insights from voluminous data sets. This article provides an extensive overview of big data and analytics, exploring their definitions, usage, advantages, disadvantages, applications, potential prospects and associated challenges, the way forward, and future research directions to address encompassing challenges and promote further advancement in the field. In summary, this article serves as a roadmap for comprehending the significance of big data and analytics, including their potential applications, prospects, challenges, and the way forward for researchers and practitioners from a legal and regulatory perspective. |
