The Global Enterprise Information Archiving market drivers and restraints market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
The global Enterprise Information Archiving market size reached USD 6.40 Billion in 2022 and is expected to register a revenue CAGR of 14.7% during the forecast period, according to the latest analysis by Emergen Research. Increasing data volumes of enterprises is a major factor driving revenue growth of the market. The massive volume of company information generated from emails, instant messaging, and other sources is providing severe issues for enterprises, driving demand for enterprise information archiving solutions. In addition, increasing dependency on Internet of Things (IoT)-enabled devices and significant investments in Information Technology (IT) infrastructure are other major factors driving revenue growth of the market. The installation of IoT devices enables industry professionals to extrapolate necessary information and utilize them in smarter business decisions. However, incorporation of IoT-enabled devices necessitates extra storage capacity. This creates high demand for enterprise information archiving solutions, which provide businesses with the capacity to capture data from all platforms and devices as well as rapidly and securely preserve data.
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The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Enterprise Information Archiving market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
Key Players Profiled in the Report are:
Microsoft Corporation, Hewlett Packard Enterprise Development LP, Barracuda Networks, Inc., The International Business Machines Corporation (IBM), Google LLC, Dell Inc., Veritas Technologies LLC, Smarsh Inc., Mimecast Services Limited, and Micro Focus
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Enterprise Information Archiving market expected to boost the growth of the industry in the coming years.
Enterprise Information Archiving Market Segmentation:
- Type Outlook (Revenue, USD Billion; 2019-2032)
- Content Type
- Deployment Mode Outlook (Revenue, USD Billion; 2019-2032)
- Vertical Outlook (Revenue, USD Billion; 2019-2032)
- Government and Defense
- Banking and Financial Services
- Retail and Ecommerce
- Other Verticals
Key Questions Answered in the Report:
What is the growth rate of the Enterprise Information Archiving market? What is the anticipated market valuation of Enterprise Information Archiving industry by 2027?
What are the key growth driving and restraining factors of the Enterprise Information Archiving market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Enterprise Information Archiving industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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