Worldwide Archiving Software Forecast, 2024–2028: Demand for New Data Sources Helps Drive Market's Growth
This IDC study analyzes the worldwide archiving software market, which is made up of revenue from both on-premises archiving software and public cloud/SaaS-based archiving services. This study highlights the key trends impacting archiving software providers and the competitive dynamic within the market. It also identifies the most significant drivers and inhibitors impacting the five-year forecast."Archiving software continues to see increasing demand as organizations' data stores grow and the mandates for retaining them become stricter and more inclusive," said Johnny Yu, research manager, Storage and Computing Infrastructure Software Platforms, IDC. "Renewed interest in archiving all business correspondence — not just emails — indicates a new driver for this market."
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
AI Initiatives
Business Communications
Public Cloud Storage Adoption
Inhibitors
Macroeconomic and Geopolitical Conditions
Investment Priorities
Significant Market Developments
Changes from Prior Forecast
Market Definition
Archiving Software
Email Archiving Software
File, Cloud, and Other Archiving Software
Methodology
Historical and Forecast Market Values and Exchange Rates