Market Overview:

The global enterprise information archiving market reached a value of US$ 6.51 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 14.91 Billion by 2027, exhibiting at a growth rate (CAGR) of 14.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Enterprise information archiving (EIA) is a software that combines products and solutions for managing user messaging content, such as email, instant messaging (IM), and short message service (SMS). It aids in retention management, content indexing, e-discovery and classification, and data reduction across different content types. As a result, it is leveraged by organizations worldwide to enhance user productivity and offer insight with instant access to archived email and files. It also assists in organizing business social media data, such as files, voice, and website content, stored in enterprise file synchronization and sharing (EFSS) platforms.

Enterprise Information Archiving Market Trends:

Due to the rapid expansion of businesses globally, the volume of data is increasing at a faster pace and complicating regulatory compliance. This represents one of the major factors positively influencing the adoption of EIA solutions to help organizations manage information effectively and achieve compliance goals easily. Apart from this, on account of the rising instances of data breaches, small and medium-sized enterprises (SMEs) are relying on these solutions to protect data against loss, corruption, and security threats. Moreover, as the increasing use of online banking services is resulting in huge financial data generation, banks and financial organizations are relying on EIA for record-keeping and archiving electronic communication data. Furthermore, m-health applications accumulate a large amount of data daily, which poses a challenge for IT professionals to regulate it on conventional software. This, in confluence with the growing popularity of m-health services, is contributing to the utilization of EIA in the healthcare industry to address infrastructure costs and storage bloat. Besides this, market players are introducing multipurpose EIA solutions that provide automated tools for managing data effectively, which is anticipated to create a favorable market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global enterprise information archiving market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, deployment mode, enterprise size and end user.

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
   

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
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Report Coverage: