IMARC Group, a leading market research company, has recently releases report titled “Enterprise Information Archiving Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global enterprise information archiving market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Enterprise Information Archiving Market?

The global enterprise information archiving market size reached US$ 7.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.0 Billion by 2028, exhibiting a growth rate (CAGR) of 13.6% during 2023-2028.

Enterprise information archiving (EIA) refers to the utilization of effective methods for storing structured and unstructured business data. It relies on technology to create centralized storage and organization of various forms of corporate information, such as file shares and website content, e-mail, collaboration app data, social media information, and short message service (SMS). It enables organizations to maintain compliance with state and federal data regulations and manage data retention policies effectively. It also enhances user productivity and insight with instant access to archived e-mail and files. It extends business continuity with the ability to restore e-mail server data from a dedicated immutable archive.

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What are the growth prospects and trends in the enterprise information archiving industry?

Presently, the increasing demand for EIA software due to the rising instances of data generation in businesses with a wide geographic presence and customer base is supporting the growth of the market.

Besides this, the growing employment of EIA for separating old and useless data on tertiary storage and storing user data on secondary storage for faster access and processing is offering a favorable market outlook. In addition, rising cloud computing activities to delegate routine tasks and improve operational efficiency are contributing to the growth of the market.

Apart from this, the increasing utilization of online banking services to make cashless payments is bolstering the growth of the market. 

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

• Content Types

  • Database

  • E-mail

  • Social Media

  • Instant Messaging

  • Web

  • Mobile Communication

  • File and Enterprise File Synchronization and Sharing (EFSS)

• Services

  • Consulting

  • System Integration

  • Training, Support and Maintenance

Breakup by Deployment Mode:

• On-premises

• Cloud-based

Breakup by Enterprise Size:

• Small and Medium-sized Enterprises

• Large Enterprises

Breakup by End User:

• BFSI

• Government and Defense

• Healthcare and Pharmaceutical

• Retail and E-Commerce

• Manufacturing

• Others

Market Breakup by Region:

• North America (United States, Canada)

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

• Latin America (Brazil, Mexico, Others)

• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including: 

Atos SE, Barracuda Networks Inc., Global Relay Communications Inc., Google LLC, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Micro Focus International plc, Microsoft Corporation, Mimecast Services Limited, Proofpoint Inc., Smarsh Inc., Veritas Technologies LLC and ZL Technologies Inc.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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