What Is Driving Global Enterprise Information Archiving Market Growth in 2025: The Role of Surging Data Volumes Fueling Growth In The Enterprise Information Archiving Market

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Enterprise Information Archiving Market Size Growth Forecast: What to Expect by 2025?
The market size for enterprise information archiving has witnessed a swift growth over the past few years. Its expansion is projected to move from $9.48 billion in 2024 to $10.52 billion in 2025, with a compound annual growth rate (CAGR) of 11.0%. Factors contributing to its growth in the historic period include a surge in the requirement for data retention to abide by regulatory compliances and improve business performance, enhanced operational efficiency, an increase in adoption of cost-effective storage processes, requirement for data retention in line with regulatory compliances, exacerbated concerns about data security and privacy.

How Will the Enterprise Information Archiving Market Size Evolve and Grow by 2029?
In the forthcoming years, the enterprise information archiving market size is anticipated to undergo swift expansion. The value of the market is projected to elevate to $19.47 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 16.7%. Several factors are expected to attribute to this growth within the forecast period like the heightened demand for data retention adhering to the legal governance prerequisites, burgeoning opportunities in emerging countries, the positive repercussion of COVID-19 on the worldwide enterprise information archiving market, rise in global data volume, and the implementation of tech solutions for the digitization process. Uniting with collaboration platforms, data preservation through immutable storage, the use of blockchain for data integrity, machine learning for content classification, and hybrid deployment models feature as key trends for the predicted period.

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What Drivers Are Propelling the Growth of Enterprise Information Archiving Market Forward?
The escalating volume of data produced each year is anticipated to boost the growth of the enterprise information archiving market. This data, which is digitally stored on computer systems and other data storage technologies such as cloud or blockchain, is currently experiencing an expansion in size, including bytes, terabytes, and petabytes. Enterprise information archiving solutions are beneficial in managing this surge in information more effectively and achieving compliance objectives with ease. As per a report by WP Dev Shed, a New Zealand-based webmaster firm, in July 2022, every day this year witnesses the generation of 2.5 quintillion bytes of data. The use of this data is predicted to hit 97 zettabytes globally by the close of 2022. Moreover, this data utilization is expected to continue its upward trajectory, touching 175 zettabytes by the close of 2025. Hence, the surge in data volumes at enterprises is fueling the growth of the enterprise information archiving market.

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Which Emerging Trends Are Transforming the Enterprise Information Archiving Market in 2025?
The enterprise information archiving market is witnessing increasing popularity of new technological advancements. Major market players are adopting new technologies such as software in order to maintain their market stance. One such instance is the launch of ARCHIVE-X by U.S.-based NICE Actimize, a company known for its financial crime, risk, and compliance solutions, in March 2024. ARCHIVE-X is a comprehensive cloud-based communication archiving and records management platform tailored specifically for financial services firms. It is designed to boost regulatory compliance by securely archiving any form of communication, from emails and chats to voice and video, in a singular centralized system. Furthermore, the solution offers superior data encryption and adheres to regulatory norms like WORM (Write Once Read Many) archiving, ensuring excellent data security and integrity.

What Are the Key Segments in the Enterprise Information Archiving Market?
The enterprise information archivingmarket 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 Organization Size: Large Enterprises, SMEs.
4) By Service: Planning And Consulting Services, System Integration, Training And Support Services, Operations And Maintenance Services, Data Migration.
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

Subsegments:
1) By Email: On-premises, Cloud-based
2) By Social Media: Public Social Media Platforms, Private Social Networks
3) By Web: Static Website Archiving, Dynamic Website Archiving
4) By Mobile Communications: SMS Archiving, Instant Messaging Archiving
5) By Database: Structured Data Archiving, Unstructured Data Archiving

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Who Are the Key Players Shaping the Enterprise Information Archiving Market's Competitive Landscape?
Major companies operating in the enterprise information archiving market include 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 Geographic Markets Are Powering Growth in the Enterprise Information Archiving Market?
North America was the largest region in the enterprise information archiving market in 2024. 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

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