Press release
Enterprise Information Archiving Market Market 2022 Competitive Insights - Barracuda Networks, Inc, Google LLC, Microsoft Corporation, IBM Corporation, Veritas Technologies LLC
The Enterprise Information Archiving Market Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The enterprise information archiving market is expected to reach a CAGR of 13.5% during the forecast period (2022 - 2027).
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Top Leading Companies of Enterprise Information Archiving Market Market are Barracuda Networks, Inc, Google LLC, Microsoft Corporation, IBM Corporation, Veritas Technologies LLC, Commvault Systems, Inc., Mimecast, Smarsh Inc., Proofpoint Inc., Global Relay Communications, Inc., Bloomberg Finance L.P. and others.
Industry News and Updates
In June 2022 - Smarsh Inc. launched Enterprise Archive powered by Microsoft Azure. Enterprise Archive customers can take advantage of Azure's performance, scalability, security, and high availability to power their compliance and e-discovery initiatives.
- In April 2022 - Commvault, a global enterprise software company in the management of data across cloud and on-premises environments, launched NetApp Scale-out Data Protection (SDP) to offer expanded rapid recovery support for critical data across NetApp's hybrid-enabled storage systems. NetApp SDP takes advantage of the NetApp portfolio and is powered by Commvault Complete Backup and Recovery software to provide snapshot management, backup, and disaster recovery functionality.
Key Market Trends
North America to Hold Highest Market Share
- North America holds the highest market share. The region is an early adopter of the latest technological advancements, such as integration technologies with Artificial Intelligence (AI), cloud, and mobile technologies within traditional enterprise information archiving solutions. Moreover, the region has a stronghold of the enterprise information archiving vendors such as Google LLC, Microsoft Corporation, IBM Corporation, Dell, Veritas Technologies LLC, Barracuda Networks Inc., Proofpoint Inc., Smarsh Inc., etc.
- The presence of rigorous government standards and regulations framed for various industries regarding the archive of data is the primary growth driver for this region, thereby fuelling market growth. For instance, FINRA 10-06, say financial firms must retain records of all social media communications, Sarbanes-Oxley Act, that says Public companies must save all business records, including electronic records and messages, for no less than five years.
Regional Outlook of Enterprise Information Archiving Market Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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https://www.marketinsightsreports.com/reports/02285842594/enterprise-information-archiving-market-growth-trends-and-forecasts-2022-2027?Mode=PD
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Enterprise Information Archiving Market Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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