Global Enterprise Information Archiving Market is expected to reach US$ 14.9 Bn by 2026 from US$ 6.3 Bn in 2017 at a CAGR of 11.36%.Enterprise Information Archiving market is segmented by Content type, by Service, by Deployment model, by end user & Region. Based on content type market is divided into Email, Social Media, Instant Messaging, Web (Web Searches and Websites), Mobile Communication, Files and Enterprise File Synchronization and Sharing (EFFS). Services is classified as Planning and Consulting Services, System Integration, Training and Support Services, Operations and Maintenance Services, Data Migration. Deployment model is split as On-premises & Cloud.by end user market is divided into Small and Medium Enterprises (SMEs), Large Enterprises. Region wise classified into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Increasing demand for cost effective storage processes, rising need for data retention for regulatory compliances and increasing demand for business performance are the factors driving the EIA market. Data security of external storage and lack of disaster recovery options in hosted storage facility are two major factors that would effect on the growth of enterprise information archiving market. The increasing need of data retention to meet the legal governance requirements, improve operational efficiency are some of the major driving factors propelling the market around the world. Unlike regulatory compliances across globe has made information archiving difficult for the service providers. Changes of data is not possible once it is archived would have an impact on EIA market. Based on Deployment type, On-premises enterprise information archiving deployment is expected to have the largest market share during the forecast period. Though, cloud deployment is likely to grow at the highest CAGR during forecast period, due to its low cost, and scalability. In terms of regions, APAC is likely to lead the market in terms of market growth, followed by Latin America. North America is expected to adopt enterprise information archiving solutions as North America is advanced region in terms of digital technologies. This region automating the introduction of new and stringent laws related to electronic data. Key players operate on market are, Microsoft Corporation,IBM Corporation, Hewlett-Packard Enterprise, Barracuda Networks, Inc., Commvault System, Inc., Mime cast ,Smarsh, Inc., Proof point, Inc., Google, Inc., Global Relay Communications, Inc., Veritas Technologies LLC, ZL Technologies, Inc., Gwava, Bloomberg Finance L.P., Atos SE ,Actiance.

Maximize Market Research