What Does the Historical and Current Enterprise Information Archiving Market Size Trend Indicate?
The enterprise information archiving market has seen considerable growth due to a variety of factors.
• The market size for enterprise information archiving has seen fast-paced growth in recent years, expanding from $9.48 billion in 2024 to $10.56 billion in 2025, with an impressive compound annual growth rate (CAGR) of 11.4%.
Contributing factors to this growth during the historical period include increased demand for data retention for regulatory compliance and business performance enhancement, heightened operational efficacy, and a burgeoning acceptance of cost-effective storage procedures. Other influential factors comprise data retention prompted by regulatory compliances and a rise in data security and privacy concerns.
How Will the Enterprise Information Archiving Market Size Evolve over the Forecast Period?
The enterprise information archiving market is expected to maintain its strong growth trajectory in upcoming years.
• The market for enterprise information archiving is projected to experience swift expansion over the coming years. The market is anticipated to amount to $19.73 billion by 2029, growing at a compound annual growth rate (CAGR) of 16.9%.
This anticipated growth in the forecast period can be traced back to several factors including the escalating demand for data preservation to comply with legal governance regulations, emerging nations presenting new opportunities, the positive implications of COVID-19 on the global enterprise information archiving market, increasing global data volume, and the implementation of technological solutions for the process of digitalization. Key trends during this forecast period encompass integration with collaboration platforms, immutable storage for preserving data, use of blockchain for maintaining data integrity, machine learning for content classification, and hybrid deployment models.
What Factors Are Driving Growth In The Enterprise Information Archiving Market?
The anticipated surge in the creation of data on an annual basis is projected to drive expansion in the enterprise information archiving market. Here, data refers to digitally stored information on a variety of platforms such as computers, the cloud, or blockchain. Presently, the sizes of data sets, including bytes, terabytes, and petabytes, are on the rise. Solutions provided by enterprise information archiving are aiding in the effective management of this information and facilitating the achievement of compliance objectives without difficulty. For example, WP Dev Shed, a webmaster's firm based in New Zealand, revealed that in July 2022, every day of the year saw the generation of 2.5 quintillion bytes of data. It's anticipated that by the close of 2022, data usage would have escalated to 97 zettabytes worldwide. Moreover, this upward trajectory in data usage is predicted to continue, reaching a staggering 175 zettabytes by the conclusion of 2025. In light of this, it's clear that the escalating volumes of data at businesses are playing a significant role in propelling the growth of the enterprise information archiving market.
What Are The Main Segments Of The Global Enterprise Information Archiving Market?
The enterprise information archiving market covered in this report is segmented –
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
Subsegments:
1) By Email: On-premises, Cloud-based
2) By Social Media: Public Social Media Platforms, Private Social Networks
3) By Web: Static Website Archiving, Dynamic Website Archiving
4) By Mobile Communications: SMS Archiving, Instant Messaging Archiving
5) By Database: Structured Data Archiving, Unstructured Data Archiving
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What Emerging Trends Are Influencing The Growth Of The Enterprise Information Archiving Market?
The latest technological advancements are becoming a prevailing trend in the enterprise information archiving market. To maintain their market positioning, leading companies are unveiling new technologies such as software. For example, in March 2024, NICE Actimize, a U.S based company specializing in financial crime, risk and compliance solutions, rolled out ARCHIVE-X. This platform is a complete cloud-based system designed for the archiving and records management needs of financial services firms. The newly introduced platform seeks to boost regulatory compliance by securely archiving all communication forms - emails, chats, voice and video, in a singular centralized system, with compliant regulatory standards like WORM (Write Once Read Many) archiving. It provides advanced data encryption, thereby guaranteeing superior data security and integrity.
Who Are the Key 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 Is The Most Dominant Region In The Enterprise Information Archiving Market?
North America was the largest region in the enterprise information archiving market in 2024. Asia-Pacific 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, Africa
