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(IT-NEWSWIRE.COM, February 05, 2020 ) According to a new market research report "Enterprise Information Archiving Market by Content Type (Email, Social Media, and Others), Service, Deployment Type, End User, Industry Application (BFSI, Life Science and Healthcare, and Others), and Region - Global Forecast and Analysis to 2020" published by MarketsandMarkets™, the Enterprise Information Archiving Market expected to grow from USD 4.31 Billion in 2015 to USD 7.55 Billion in 2020, at a Compound Annual Growth Rate (CAGR) of 11.8%.
Browse in-depth TOC on "Enterprise Information Archiving Market”
71- Tables
50- figures
145- Pages
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Demand for cost-effective storage solutions for inactive enterprise data, need for data retention to meet the legal and corporate governance requirements , and demand for high performance of business processes are the major factors driving the enterprise information archiving market. Furthermore, the market is expected to be driven by opportunities such as new scalable and cost-effective archiving through cloud and development of applications for intelligent archiving of enterprise data and emerging potential markets.
Cloud deployment to play a key role in the enterprise information archiving market
The deployment of enterprise information archiving applications on cloud has been an upward trend. The cloud deployment market share is expected to increase rapidly since most of the firms are rapidly transforming themselves from brick to click models. The robust and scalable nature of cloud infrastructure makes it easy to analyze large datasets in real time and at a fast response time.
North America and Europe to be the largest markets of enterprise information archiving till 2020
The geographic analysis of the enterprise information archiving market mainly delves into the division of content type, end user, deployment type, and industry types across five major regional segments, namely North America, Asia-Pacific (APAC), Europe, Latin America, and Middle East and Africa (MEA). North America is expected to be the lead in the adoption and implementation of enterprise information archiving applications, followed by Europe and APAC.
North America is rapidly adopting the latest technological advancements, such as cloud and mobile, within traditional enterprise information archiving solutions. The major growth driver for this region is the rigorous government standards and regulations framed for various industries. APAC is also witnessing a record growth in demonstrating and adopting enterprise information archiving solutions.
The major vendors in the enterprise information archiving market, such as Microsoft, IBM, Hewlett-Packard Enterprise, Veritas, Barracuda, Mimecast, Smarsh, Proofpoint, Google, Gwava, Global Relay, Commvault, ZL Technologies, and Bloomberg, are covered in the report. A detailed analysis of key industry players has been done to provide their business overview, products and services, key strategies, and recent developments associated with the enterprise information archiving market.
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The global enterprise information archiving market has been segmented on the basis of content types, services, deployment types, end users, industry applications, and regions. The scope of the report covers detailed information regarding the major factors influencing the growth of the enterprise information archiving market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the enterprise information archiving market.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
360Quadrants
Mr. Shelly Singh
1-888-600-6441
raviraj.tak@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
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