Global Enterprise Information Archiving Market Scope 2024, Forecast To 2033
20 Feb, 2024
The enterprise information archiving market has shown rapid growth, increasing from $8.6 billion in 2023 to $9.69 billion in 2024, with a CAGR of 12.6%. The forecast predicts continued rapid growth, reaching $16.65 billion in 2028 with a CAGR of 14.5%. Growth drivers include rising demand for data retention for regulatory compliances and business performance, increased operational efficiency, growing adoption of cost-effective storage processes, and increased data security and privacy concerns. Major trends in the forecast period include integration with collaboration platforms, immutable storage for data preservation, application of blockchain for data integrity, machine learning for content classification, and hybrid deployment models.
Global Enterprise Information Archiving Market Key Driver
The escalating volume of data being generated annually is driving the growth of the enterprise information archiving market. As data sizes continue to increase, enterprises are adopting information archiving solutions to manage data effectively and meet compliance goals.
Get A Free Sample Of The Global Enterprise Information Archiving Market ReportGlobal Enterprise Information Archiving Market Segments
The enterprise information archiving market covered in this report is segmented –
1)By Type: Email, Social Media, Web, Mobile Communications, Database.
2)By Deployment Type: On-Premises, Cloud.
3)By Organisation Size: Large Enterprises, SMEs.
4)By Service: Planning And Consulting Services, System Integration, Training And Support Services, Operations And Maintenance Services, Data Migtion.
5)By Vertical: Government And Defense, BFSI, Retail And Ecommerce, Education And Research, Healthcare And Pharmaceutical, Manufacturing, Media And Entertainment, IT And Telecommunications, Other Verticals
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the enterprise information archiving market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise information archiving market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Enterprise Information Archiving Industry Players
Atos SE; Barracuda Networks Inc.; Bloomberg Finance L. P.; Dell Technologies Inc.; Google LLC; Veritas Technologies LLC; Commvault Systems Inc.; Proofpoint Inc.; Mimecast Limited; Smarsh Inc.; Global Relay Communications Inc.; Micro Focus International plc; ZL Technologies Inc.; Symantec Corporation; Microsoft Corporation; International Business Machines Corporation.; GFI Software; SolarWinds Corporation; MailStore Software GmbH; Altaro Software Limited; TransVault Limited; Waterford Technologies Inc.; ArcMail Technology Inc.; Sphere 3D Corp.; Quest Software Inc.; Polaris Solutions Ltd; Jatheon Technologies Inc.; MailArchiva; Capax Global LLC
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Enterprise Information Archiving Market Overview
Enterprise information archiving refers to using new methods for storing business data, both structured and unstructured, as opposed to previous methods that only focused on storing structured data. This software combines products and solutions for archiving the different types of data generated by the user.
Enterprise Information Archiving Global Market Report 2023 provides data on the global enterprise information archiving market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The enterprise information archiving market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.