What is Enterprise Information Archiving Market Scope?
Enterprise information archiving combines products and solutions for archiving user messaging content, such as public and business social media data, instant messaging, email, and SMS. Enterprise information archiving also includes other content types, such as data stored in enterprise file synchronization and sharing platforms, website content, voice, and files. However, interest in archiving other sources of additional messaging data is growing. Enterprise information archiving products provide features such as data reduction across content types, retention management, content indexing, and tools for e-discovery and classification.
The Enterprise Information Archiving market study is being classified by Type (Content Types (Email, Database, Social Media, Instant Messaging, Web, Mobile communication, and File and Enterprise File Synchronization and Sharing) and Services (Consulting, System Integration, Training, Support, and Maintenance)) and major geographies with country level break-up. According to AMA, the Global Enterprise Information Archiving market is expected to see growth rate of 12.97% and may see market size of USD9.93 Billion by 2026.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Players having a strong hold in the market are Google, IBM, Microsoft, and HPE. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Enterprise Information Archiving market throughout the predicted period.
Google (United States), IBM (United States), Microsoft (United States), HPE (United States), Barracuda (United States), Dell (United States), Veritas (United States), Proofpoint (United States), Smarsh (United States) and Mimecast (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are ZL Technologies (United States), Global Relay (Canada), Pagefreezer (Canada), Jatheon (Canada), Solix (United States), Archive360 (United States), Everteam (France), Unified Global Archiving (United States), Micro Focus (United Kingdom) and OpenText (Canada).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Enterprise Information Archiving market by Type, Application and Region.
On the basis of geography, the market of Enterprise Information Archiving has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On 25th November 2019, Proofpoint, Inc., a leading cybersecurity and compliance company, has announced it has completed its acquisition of ObserveIT, the leading insider threat management platform. By combining ObserveIT’s lightweight endpoint agent technology and data risk analytics with Proofpoint’s industry-leading information classification, threat detection, and intelligence, enterprises will have unprecedented insight into user activity with their sensitive data, wherever it resides and the ability to immediately remediate risk.
Influencing Market Trend
- Rising Demand for Cost-Effective Storage Solutions for Inactive Enterprise Data
Market Drivers
- Increasing Enterprise Information Across Various End-Use Industries
- Rising Stringent Legal Compliances in Developing Economies
Opportunities
- Technologies Disruptive to Increase Adoption of Enterprise Information Archiving Solutions
Restraints
- Lack of Awareness of Enterprise Information Archiving and
- More Dependence on Traditional Approaches
Challenges
- Privacy and Security Concerns Over Enterprise Information
Key Target Audience
Enterprise Information Archiving Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
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