The data consumption is projected to experience a compound annual growth rate (CAGR) of approximately 25%, escalating from 159B in 2024 to an estimated 632B by 2030. Certain stocks are predicted to reap the most benefits from this surge.

In the Infrastructure sector, stocks such as Microsoft (MSFT), Google (GOOGL), Amazon (AMZN), and DigitalOcean (DOCN) are expected to thrive.

In the Hardware sector, companies like Nvidia (NVDA), ASML, Applied Materials (AMAT), KLA Corporation (KLAC), Advanced Micro Devices (AMD), Broadcom (AVGO), Micron Technology (MU), Lam Research (LRCX), Arista Networks (ANET), Synopsys (SNPS), ARM, Qualcomm (QCOM), and Taiwan Semiconductor Manufacturing (TSM) are predicted to see significant gains.

In the Analytics & Platforms sector, Palantir Technologies (PLTR), Snowflake (SNOW), Datadog (DDOG), MongoDB (MDB), Confluent (CFLT), and Elastic (ESTC) are anticipated to be the major beneficiaries.

In the Cybersecurity sector, CrowdStrike (CRWD), Zscaler (ZS), Palo Alto Networks (PANW), Cloudflare (NET), Sprint (S), and Redbrick Health (RBRK) are expected to emerge as the biggest winners.