USD 7.5 billion
Enterprise Information Archiving Market Size, Share, Growth Analysis, By Type(Solutions, Services), By Deployment Model(On-premise, Cloud), By Organization Size(Small and Medium Enterprises (SMEs), Large Enterprises), By Industry Vertical(BFSI, Retail and Consumer Goods, Healthcare & Life Science, IT & Telecom), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45A2348 |
Region:
Global |
Published Date: May, 2024
Pages:
194
|Tables:
118
|Figures:
75
Enterprise Information Archiving Market Insights
Global Enterprise Information Archiving Market size was valued at USD 7.5 billion in 2022 and is poised to grow from USD 8.53 billion in 2023 to USD 23.83 billion by 2031, growing at a CAGR of 13.7% in the forecast period (2024-2031).
Enterprise information archiving solutions and software are used to archive data from enterprises generated through emails, social platforms, and public forums as well. Growing demand for information governance and rising emphasis on resource optimization are forecasted to be key factors driving the demand for enterprise information archiving over the coming years. The imposition of strict legal and data compliance regulations around the world is also estimated to favor the adoption of enterprise information archiving in the long term. However, lack of awareness and complexities in the integration of enterprise information archiving with legacy infrastructure are slated to hinder market development going forward.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Cloud
Fastest Growth
On-premise
Growth Rate
13.7% CAGR
Global Enterprise Information Archiving Market ($ Bn)
Country Share for North America Region (%)
To get more reports on the above market click here to Buy The Report
Enterprise Information Archiving Market Segmental Analysis
The global enterprise information archiving market is segmented based on type, organization size, industry vertical, deployment model, and region. Based on type, the market is segmented into content types and services. Based on deployment model, the enterprise information archiving market is segmented into cloud and on-premise. Based on industry vertical, the enterprise information archiving market is segmented into BFSI, retail and consumer goods, healthcare & life science, IT & telecom, manufacturing, media & entertainment, and others. In terms of organization size, the market is segmented into large enterprises and small and medium enterprises (SMEs). Based on region, the market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa.
Analysis by Organization Size
Large enterprises are forecasted to account for a major share of the global enterprise information archiving demand outlook. Deployment of various tools and services by large enterprises to manage their information and data creates high demand for enterprise information archiving in this segment. Growing volume of structured and unstructured data in these enterprises will also boost enterprise information archiving adoption.
Meanwhile, the demand for enterprise information archiving in small and medium enterprises (SMEs) is estimated to rise at a robust CAGR going forward. Rising number of SMEs and their increasing efforts to maintain compliance with regulations will promote the adoption of enterprise information archiving in this segment throughout the forecast period.
Analysis by Deployment Model
Demand for cloud-based enterprise information archiving is anticipated to surge at a rapid pace over the coming years and currently accounts for the highest market share as well. High affordability and no significant upfront investments are key features of cloud-based enterprise information archiving that allow it to dominate the market. Large enterprises as well as SMEs are boosting the demand for enterprise information archiving around the world.
On-premise enterprise information archiving is slated to hold the second-largest market share. Increasing number of organizations wanting to store their data in an in-house facility will promote the adoption of enterprise information archiving solutions and services in the future.
Global Enterprise Information Archiving Market By Deployment Model
To get detailed analysis on other segments, Request For Free Sample Report
Enterprise Information Archiving Market Regional Insights
North America is estimated to hold a major chunk of the global enterprise information archiving market. High use of enterprise information archiving solutions and services across industry verticals such as government & defense, IT & telecom, media, banking, and finance allows this region to dominate the global market. Growing volume of data and increasing migration towards cloud platforms is also slated to bolster the demand for enterprise information archiving over the coming years. The United States is estimated to maintain its position as the leading market for enterprise information archiving in North America through 2031.
The Asia Pacific region is estimated to emerge as the fastest-expanding market in the world for enterprise information archiving providers in the future. Rapid digital transformation and growing need for enterprise data retention are key factors promoting the demand for enterprise information archiving in this region. China, Japan, and India are slated to be highly opportune markets for enterprise information archiving companies in the Asia Pacific. High investments in healthcare infrastructure development and growing volume of healthcare data are also slated to boost the adoption of enterprise information archiving going forward.
Global Enterprise Information Archiving Market By Region
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Enterprise Information Archiving Market Dynamics
Drivers
Launch of Data Management and Governance Initiatives
- Organizations around the world are launching new governance and data management initiatives to mitigate risks and optimize business operations. Enterprise information archiving solutions play a crucial role in compliance with these initiatives.
Regulatory Compliance Norms
- Governments and regulatory authorities are mandating the use of enterprise information archiving solutions and services to ensure compliance with data privacy and retention norms. This is projected to drive the global enterprise information archiving market.
Restraints
Issues in Legacy System Integration
- Enterprise information archiving solutions utilize advanced technologies that might not be compatible with legacy infrastructure and systems, this creates challenges in integration and slows down market growth.
Data Security Concerns
- Concerns regarding the security and safety of data extracted through the use of enterprise information archiving solutions are also expected to impede market development in the wake of growing cyberattacks.
Request Free Customization of this report to help us to meet your business objectives.
Enterprise Information Archiving Market Competitive Landscape
Enterprise information archiving providers should focus on improving their compliance with different data privacy and security regulations to boost their sales potential. Companies can also focus on providing information governance with information archiving services to improve their revenue generation and stand out from the competition in the long run.
Top Player’s Company Profiles
- OpenText
- Microsoft
- Global relay
- Barracuda Networks
- Archive360
- Titan HQ
- Mimecast
- Dell EMC
- Bloomberg
- Commvault
- Pagefreezer
- Cross ALM
- ArchiveSocial
- Smarsh
- Proofpoint
- Veritas Technologies
- Micro Focus
Recent Developments
- In March 2024, NICE Actimize, launched a new communications archiving and records management SaaS solution for financial service providers. The ARCHIVE-X solution helps all kinds of financial companies manage their records and archive communications to enable robust lifecycle management.
- In July 2022, Proofpoint, a leading name in enterprise information archiving business, announced that it had acquired Fortiva Inc. Fortiva was a renowned email archiving provider, and this move bolstered Proofpoint’s position in the information archiving space.
Enterprise Information Archiving Key Market Trends
- Development of Cloud-based Solutions: Enterprise information archiving providers should focus on integrating their solutions with cloud technologies to improve affordability and accessibility. This will help companies maximize their revenue generation by serving SMEs and companies with limited budgets.
Enterprise Information Archiving Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per Skyquest analysis, growing emphasis on information governance and imposition of stringent regulations mandating the use of enterprise information archiving are projected to bolster market growth over the coming years. On the contrary, issues in integration with legacy systems and infrastructure are slated to impede enterprise information archiving demand outlook going forward. North America is projected to account for a major chunk of the global enterprise information archiving market share owing to high use of enterprise information archiving solutions in different industry verticals. Enterprise information archiving companies should focus on developing cloud-based solutions to maximize their sales revenue in the long run.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 7.5 billion |
| Market size value in 2031 | USD 23.83 billion |
| Growth Rate | 13.7% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Enterprise Information Archiving Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Enterprise Information Archiving Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Enterprise Information Archiving Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Enterprise Information Archiving Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Enterprise Information Archiving Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Enterprise Information Archiving Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
USA (+1) 351-333-4748
