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What is the Projected Market Size of the Global Enterprise Information Archiving Market?
The enterprise information archiving market size has grown rapidly in recent years. It grew from $9.48 billion in 2024 to $10.56 billion in 2025 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to rising demand for data retention for regulatory compliances and business performance, increased operational efficiency, growing adoption for cost-effective storage processes, and increasing data security and privacy concerns.
The future of the enterprise information archiving market size is also expected to see rapid growth. The market will grow to $19.73 billion in 2029 at a compound annual growth rate (CAGR) of 16.9%. The growth in the forecast period can be attributed to growing demand for data retention to meet legal governance requirements, emerging countries generating new opportunities, the positive impact of COVID-19 on the market, increasing data volume worldwide, and implementation of technology solutions for digital processes.
Trends for the forecast period include integration with collaboration platforms, immutable storage for data preservation, application of blockchain for data integrity, machine learning for content classification, and hybrid deployment models.
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What Factors Are Fuelling the Growth of the Enterprise Information Archiving Market?
An increasing amount of data being created each year is expected to propel the growth of the enterprise information archiving market. Data refers to the information that is digitally stored on computers and other data storage technologies such as the cloud or blockchain. Enterprise information archiving solutions help to manage more information effectively and to achieve compliance goals more easily. For instance, in July 2022, 2.5 quintillion bytes of data are generated every day. This data usage is expected to reach 97 zettabytes of data worldwide by the end of 2022 and is projected to grow further, reaching 175 zettabytes by the end of 2025. Therefore, increasing data volumes at enterprises are driving the enterprise information archiving market growth.
What Are The Major Segments Of The Enterprise Information Archiving Market?
The enterprise information archiving market is segmented as follows –
1) By Type: Email, Social Media, Web, Mobile Communications, Database.
2) By Deployment Type: On-Premises, Cloud.
3) By Organization Size: Large Enterprises, SMEs.
4) By Service: Planning And Consulting Services, System Integration, Training And Support Services, Operations And Maintenance Services, Data Migration.
5) By Vertical: Government And Defense, BFSI, Retail And Ecommerce, Education And Research, Healthcare And Pharmaceutical, Manufacturing, Media And Entertainment, IT And Telecommunications, Other Verticals
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Who Are The Major Players in the Enterprise Information Archiving Market?
Major companies operating in the enterprise information archiving market include Atos SE, Barracuda Networks Inc., Dell Technologies Inc., Google LLC, Veritas Technologies LLC, Commvault Systems Inc., Proofpoint Inc., Mimecast Limited, Smarsh Inc., Global Relay Communications Inc., Micro Focus International plc, ZL Technologies Inc., Microsoft Corporation, International Business Machines Corporation., GFI Software, MailStore Software GmbH, TransVault Limited, Waterford Technologies Inc., ArcMail Technology Inc., Quest Software Inc., Jatheon Technologies Inc., MailArchiva.
What Are The Emerging Trends in the Enterprise Information Archiving Market?
Technological innovations are the key trend gaining popularity in the enterprise information archiving market. Major companies operating in the market are introducing new software technologies to sustain their position in the market. For instance, in March 2024, NICE Actimize, a US-based company that provides financial crime, risk, and compliance solutions, launched ARCHIVE-X. It is a comprehensive cloud-based communications archiving and records management solution tailored for financial services firms. This platform enhances regulatory compliance by securely archiving all forms of communications in one centralized system, offering advanced data encryption and WORM archiving to ensure high levels of data integrity.
Which Region Holds The Largest Share In The Enterprise Information Archiving Market?
In 2024, North America was the largest region in the enterprise information archiving market, followed by Asia-Pacific which is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise information archiving market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Enterprise Information Archiving Market Report 2025 Offer?
Enterprise information archiving refers to using new methods for storing business data, both structured and unstructured, as opposed to previous methods that only focused on storing structured data. This software combines products and solutions for archiving the different types of data generated by the user. The Enterprise Information Archiving Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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