The Enterprise Information Archiving market is anticipated to grow at a significant CAGR of 14.8% during the forecast period. Enterprise information archiving aids an enterprise to store valuable data. Additionally, it also segregates old and less useful data which saves time and cost for an enterprise. The major factor driving the growth of the Enterprise Information Archiving market during the forecast period is the increasing data volumes in enterprises across the globe. According to the Data Reportal, in 2021, the overall amount of data generated across the globe was estimated around 79 zettabytes. Further, it has been forecasted that the overall amount of data created globally would reach around 150 zettabytes by 2025.
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Furthermore, another major factor contributing in thegrowth of the market includes the riseing inclination of key market players to adopt various strategic initiatives such as mergers & acquisitions, partnerships, and others. Some of the key market players operating within the enterprise information archiving market include Dell Inc., Google LLC, HPE, IBM Corp., and Microsoft Inc., among others. For instance, in October 2021, Amazon Web Services, Inc. collaborated with Smarsh in Canada. The collaboration was the company’s growth strategy in the country and was aimed to deliver Smarsh’s capture and enterprise archive solutions that added to a range of offerings available to Canadian enterprises by Smarsh technology for their archiving strategies.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Enterprise Information Archiving Market Report by Segment
By Type
- Content Type
- Services
By Deployment
- On-premises
- Cloud
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- Aerospace & Defense
- BFSI
- Retail & Ecommerce
- Healthcare
- Manufacturing
- Other (Education, Media & Entertainment, IT & Telecommunications)
Enterprise Information Archiving Market Report by Region
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
- Latin America
- Middle East & Africa
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 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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