According to a new
market research report "Enterprise Information Archiving Market by
Content Type (Email, Social Media, and Others), Service, Deployment Type, End
User, Industry Application (BFSI, Life Science and Healthcare, and Others), and
Region - Global Forecast and Analysis to 2020", published by
MarketsandMarkets, is expected to grow from USD 4.31 Billion in
2015 to USD
7.55 Billion in 2020, at a
Compound Annual Growth Rate (CAGR) of 11.8%.
Browse 71 Tables and 50 Figures spread through 145 Pages and in-depth TOC on "Enterprise Information Archiving Market"
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Demand for cost-effective
storage solutions for inactive enterprise data, need for data retention to meet
the legal and corporate governance requirements, and demand for high
performance of business processes are the major factors driving the Enterprise
Information Archiving Market. Furthermore, the market is expected to be driven
by opportunities such as new scalable and cost-effective archiving through
cloud and development of applications for intelligent archiving of enterprise
data and emerging potential markets.
Cloud deployment to play a
key role in the Enterprise
Information Archiving Market
The deployment of enterprise
information archiving applications on cloud has been an upward trend. The cloud
deployment market share is expected to increase rapidly since most of the firms
are rapidly transforming themselves from brick to click models. The robust and
scalable nature of cloud infrastructure makes it easy to analyze large datasets
in real time and at a fast response time.
The major vendors in the
Enterprise Information Archiving Market, such as Microsoft, IBM, Hewlett-Packard
Enterprise, Veritas, Barracuda, Mimecast, Smarsh, Proofpoint, Google, Gwava,
Global Relay, Commvault, ZL Technologies, and Bloomberg, are covered in the
report. A detailed analysis of key industry players has been done to provide
their business overview, products and services, key strategies, and recent
developments associated with the Enterprise Information Archiving Market.
North
America and Europe to be the largest markets of enterprise information archiving till
2020
The geographic analysis of
the Enterprise Information Archiving Market mainly delves into the division of
content type, end user, deployment type, and industry types across five major
regional segments, namely North America, Asia-Pacific (APAC), Europe, Latin America,
and Middle
East and Africa (MEA). North America is expected to be the lead in the
adoption and implementation of enterprise information archiving applications,
followed by Europe and
APAC.
North
America is rapidly adopting the latest technological
advancements, such as cloud and mobile, within traditional enterprise
information archiving solutions. The major growth driver for this region is the
rigorous government standards and regulations framed for various industries.
APAC is also witnessing a record growth in demonstrating and adopting
enterprise information archiving solutions.
The global Enterprise Information Archiving
Market has been segmented on
the basis of content types, services, deployment types, end users, industry
applications, and regions. The scope of the report covers detailed information
regarding the major factors influencing the growth of the Enterprise
Information Archiving Market, such as drivers, restraints, challenges, and
opportunities. A detailed analysis of the key industry players has been done to
provide insights into their business overview, products and services, key
strategies, new product launches, mergers & acquisitions, partnerships,
agreements, collaborations, and recent developments associated with the
Enterprise Information Archiving Market.
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