Global Enterprise information archiving Market Size study & Forecast, by Type (Content Types, Services), by Deployment Model (On-premises, Cloud), by Organization Size (Small and Medium Enterprise, Large Enterprise) by Industry Vertical (Government and De

Global Enterprise information archiving Market Size study & Forecast, by Type (Content Types, Services), by Deployment Model (On-premises, Cloud), by Organization Size (Small and Medium Enterprise, Large Enterprise) by Industry Vertical (Government and Defese, BFSI, Retail and Consumer Goods, Healthcare Life Science, IT Telecom., Manufacturing., Media Entertainment, Others) and Regional Analysis, 2023-2030

Global Enterprise information archiving Market is valued at approximately USD 6.7 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 11.60% over the forecast period 2023-2030. Enterprise information archiving (EIA) software incorporates products and solutions for archiving user message material, including data from public and company social networking sites, email, instant messaging, and SMS. Other content categories are also included in this, such as files, website content, speech, and data kept on enterprise file synchronization and sharing (EFSS) platforms. EIA solutions offer tools for e-discovery and categorization, content indexing, retention management, and data reduction across all content types. The market growth is driven by key factors such as increasing data generation across various organizations and growing demand for cost-effective storage.

For instance, according to the Gartner CIO study 2019, 20% of participants feed their analytics and business intelligence (BI) systems with data from 1000 or more sources. Additionally, an organization uses data from 400 sources on average. According to (International Data Corporation) IDC, the amount of data generated globally is expected to exceed 175 zettabytes (ZB) by 2025. This is clear from a study finding that revealed an organization deals with an average monthly rise in data volume of 63%, with 12% of respondents reporting a growth rate of 100%. Moreover, increasing the adoption of enterprise archiving solutions and the growing adoption of different technologies such as artificial intelligence (AI), and machine learning create lucrative opportunities during the forecast years. However, less expertise and awareness of enterprise information archiving stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Enterprise Information Archiving Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is leading the global market share owing to the early adopter of the latest technological advancements and stronghold of information archiving vendors. On the other side, Asia Pacific is expected to be the fastest growing regional growth due to rapid expansion of domestic enterprises and rapidly growing economies such as China, Japan, and India.


Major market player included in this report are:
Veritas Technologies LLC
Dell Inc.
Mimecast Limited
International Business Machines Corporation
Open Text Corp.
Commvault Systems Inc.
Actiance Inc.
Google LLC
Barracuda Network Inc.
Microsoft Corp.

Recent Developments in the Market:
In November 2022, A trusted partner and one of the top suppliers of cloud-first security solutions, Barracuda Networks, Inc., announced the addition of two additional Azure regions for its data protection services, Sweden and Switzerland. The two regions, Gävle (Sweden) and Zurich (Northern Switzerland), provide customers with 13 Azure locations to choose from for keeping data backed up using cloud-to-cloud backup.
In November 2021, the next generation of cloud-enabled infrastructure for the global financial markets is being developed through a multi-year partnership between Nasdaq and Amazon Web Services (AWS). In 2022, one of Nasdaq's U.S. options markets would be the first to move to the AWS cloud as a result of the cooperation.
Global Enterprise information archiving Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Type, Deployment Model, Organization Size, Industry Vertical, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Content Types
Services
By Deployment Model:
On-premises
Cloud
By organization size:
Small and Medium Enterprise
Large Enterprise
By Industry Vertical:
BFSI
Government and Defense
Retail and Consumer Goods
Healthcare & Life Science
IT & Telecom.
Manufacturing.
Media & Entertainment
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Veritas Technologies LLC
Dell Inc.
Mimecast Limited
International Business Machines Corporation
Open Text Corp.
Commvault Systems Inc.
Actiance Inc.
Google LLC
Barracuda Network Inc.
Microsoft Corp.

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