Press release
Enterprise Information Archiving Market: Breaking Down the $19.73 Billion Market Forecast by 2029, Key Players, CAGR, Impact Factors and Trends
Enteral Feeding Formula Market Insights
Thriving Alongside Increasing Data Volume: A Deep Dive into the Global Enterprise Information Archiving Market's Projected Growth
What Is The Projected Market Size Of The Global Enterprise Information Archiving Market And Its Growth Rate?
• The enterprise information archiving market size, currently at $10.56 billion in 2025, is expected to skyrocket to $19.73 billion in 2029.
• The Compound Annual Growth Rate (CAGR) for this period is forecasted at an impressive 16.9%.
• This rapid growth stems from increasing requirements for data retention for legal governance, the impact of COVID-19 on the market, and the rising volume of global data.
What Is Driving The Growth In The Enterprise Information Archiving Market ?
The surge in data creation each year is stimulating the expansion of the enterprise information archiving market. As digital data stored on various technologies escalates, effective management of this volume necessitates solutions like enterprise information archiving. For example, daily data generation is said to have reached 2.5 quintillion bytes as of July 2022, and it's expected to hit a whopping 175 zettabytes by the end of 2025. Naturally, such voluminous data at enterprises offers fertile ground for the growth of the enterprise information archiving market.
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Who Are the Key Players Driving Enterprise Information Archiving Market Growth?
• Atos SE
• Barracuda Networks Inc.
• 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.
• Microsoft Corporation
• International Business Machines Corporation.
• GFI Software
• MailStore Software GmbH
• TransVault Limited
• Waterford Technologies Inc.
• ArcMail Technology Inc.
• Quest Software Inc.
• Jatheon Technologies Inc.
• MailArchiva
What Are The Key Trends In The Enterprise Information Archiving Market ?
• Integration with collaboration platforms
• Immutable storage for data preservation
• Application of blockchain for data integrity
• Machine learning for content classification
• Hybrid deployment models
What Are The Segments Of The Global Enterprise Information Archiving Market ?
• By Type: Email, Social Media, Web, Mobile Communications, Database
• By Deployment Type: On-Premises, Cloud
• By Organization Size: Large Enterprises, SMEs
• By Service: Planning And Consulting Services, System Integration, Training And Support Services, Operations And Maintenance Services, Data Migration
• By Vertical: Government And Defense, BFSI, Retail And Ecommerce, Education And Research, Healthcare And Pharmaceutical, Manufacturing, Media And Entertainment, IT And Telecommunications, Other Verticals
Which Region Leads The Enterprise Information Archiving Market?
North America dominated the enterprise information archiving market as the largest region in 2024. However, come the forecast period, Asia-Pacific is set to outpace others as the fastest-growing region. Other regions encompassed in this report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Enterprise Information Archiving Market Global Market Report?
• Market Size Analysis: Analyze the Enterprise Information Archiving Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Enterprise Information Archiving Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Enterprise Information Archiving Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Enterprise Information Archiving Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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