The global enterprise information archiving market is anticipated to grow at a significant CAGR of 14.8% during the forecast period. Enterprise information archiving supports enterprises to stay protected from litigations accusing the enterprise of fraud or disclosure of customer confidential information. Several new laws & litigations are getting defined to safeguard customer’s private information and promote ethical business processes due to the development of sophisticated computing and communication systems, which in turn is propelling the market growth. Furthermore, the major factor driving the growth of the global enterprise information archiving market during the forecast is the increasing data volumes of enterprises at an exponential rate across the globe.
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The COVID-19 pandemic has positively impacted the global enterprise information archiving market. During the COVID-19 period, around 212 countries had been impacted by the pandemic as of May 2020. The governments of several developed and developing countries had ordered nationwide lockdowns which accelerated the operations of bussines online or on cloud which boosted global digital transformation. Additionally, many companies adopted collaboration tools such as Slack, Microsoft Teams, Google Meet, and Zoom, with an aim to conduct business on cloud which resulted in larger volumes of data for companies to archive. Hence, these factors boosted the growth of the market during COVID-19 pandemic.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Enterprise Information Archiving Market by Type
- Content Type
- Service
Global Enterprise Information Archiving Market by Deployment Mode
- On-Premises
- Cloud-Based
Global Enterprise Information Archiving Market by Organization Size
- Large Enterprises
- SMEs
Global Enterprise Information Archiving Market by Vertical
- Aerospace & Defense
- BFSI
- Retail and E-commerce
- Healthcare
- Manufacturing
- IT and Telecommunications
- Others (Government, Media & Entertainment, Education)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Barracuda Networks, Inc.
- ZL Technologies Inc.
- Veritas Technologies LLC
- Archive 360
- Mimecast Services Ltd.
- Smarsh Inc.
- Proofpoint Inc.
- Global Relay Communications Inc.
- Micro Focus International PLC
- SOLIX TECHNOLOGIES
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global enterprise information archiving market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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