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Pulished Date August, 2020
ID: 10026
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Global Enterprise Information Archiving Market Analysis – Segmentation by content type (Email and Social Media), Implementation Type (On-Premises, Hosted and Cloud), and Region - Industry Analysis, Size, Share, Growth, Trends and Forecast 2020 - 2025

Pulished: August, 2020
ID: 10026
Pages: 150

Global Enterprise Information Archiving Market Size & Growth (2020 – 2025)

The global enterprise information archiving market size is foreseen to progress from $ 5.7 billion in 2019 to $ 10.8 billion by 2025, at an annual development rate (CAGR) of about 13.5% over the conjecture period between 2020 and 2025.

Enterprise Information Archiving (EIA) is a virtual data repository that stores data on lower cost, low power, high capacity file storage devices such as tape libraries and storage in the cloud, rather than expensive primary storage and it consumes a lot of energy. Data is mainly categorized as structured and unstructured data, where structured data can be called alphabets, numbers, and can be easily processed and stored, while unstructured data can be called email, image, audio, and video files.

Enterprise Information Archive stores inactive corporate data in file storage so that it can be accessed whenever needed. EIA products offer end-users features like single storage, content indexing, and data discovery. The information file enables companies to manage and dispose of information in accordance with regulatory and business requirements. EIA was originally introduced to archive email content, but it has been gradually expanded to include social media and instant messaging content.

Estimates indicate that the data generated by businesses comprises mostly unstructured data, roughly in the range of 70% to 80%, and only 30% to 20% of the data is structured. The business information file stores all kinds of data in file storage and makes it accessible when needed.

Recent Developments:

  • In June 2020, Smarsh Inc. launched Enterprise Archive powered by Microsoft Azure. Enterprise Archive uses benefit with Azure performance, security, and high availability to augment eDiscovery and compliance initiatives.
  • In April 2020: Commvault, a global publisher of enterprise software for data management in cloud and on-premises environments, launched NetApp Scale-out Data Protection (SDP) to provide extended support for fast food critical data in Enabled Storage for Hybrid NetApp Systems. NetApp SDP uses NetApp portfolio and backed by Commvault Complete Backup and Recovery software to offer services like snapshot management, backup, and disaster recovery.

Impact of Covid-19 on Enterprise Information Archiving Market:

With the COVID-19 outbreak, the market is likely to grow as the total volume of data around the world grows at a rapid rate. According to Seagate, the data volume is foreseen to touch 149 zettabytes by 2024 from its value of 26 zettabytes in 2017. In addition, companies around the world are adopting technical solutions as part of their digitization process. Hence, promotes the growth of the target market in the coming years.

Market Growth and Trends:

BFSI to maintain the strongest growth in the market

  • The financial information generated for each transaction is stored for a long time, as it can be useful during financial audits, investigations and compliance. Therefore, the increasing volume of data in BFSI, coupled with the need to manage, store and retrieve data as needed, is leading to the adoption of business information archiving solutions, resulting in positive market growth.
  • Business information archiving solutions are widely used at BFSI because finance is an overly regulated industry. There is a large amount of data and moving parts that must be monitored and reported to stay protected and comply with all regulations. One of the crucial elements in regulatory compliance for banks and financial organizations is the safe keeping of records and archiving of electronic data.
  • For example, IBM System Storage DR550 uniquely stores bank data as protected objects at the data management layer using the IBM System Storage Archive Manager DR550 software. It is designed for global banking companies to meet the growing challenge of managing and protecting commercial banking information for long periods of time while providing operational efficiency.
  • Investment advisers, loan officers, brokers, brokers, and companies such as mortgage companies, credit unions, banks, hedge funds, private equity firms, stock exchanges, commercial banks and debt collectors are needed to extract, record, and archive business-related communications data for processes like reviewing, audit, electronic discovery, litigation and compliance, which is supposed to promote growth of the market.

Market Drivers and Restraints:

The growing demand for profitable storage processes, the growing need for data retention to ensure regulatory compliance, and the growing demand for business performance are the factors driving the EIA market. The growth of enterprise information archiving solutions is attributed to the increasing generation of data in organizations attributed to the wide geographic presence and customer base. Factors such as reducing storage costs to archive company information and government mandates to store company information for audit and investigation purposes are further driving market growth.

Different regulatory compliance across the world has made it difficult to archive information for service providers. Modifying the data is not possible once archived would have an impact on the EIA market. Finding unstructured data is difficult because metadata indexing remains a challenge for technology providers. Lack of a standardized product for data types like email, documents and video would further hamper market growth. Restoring the data would require an isolated environment as it could affect current data. Cloud deployment of archived data could present issues such as security, privacy, and limited infrastructure control, while on-premises deployment could lead to high costs and increased theft risk.

Market segmentation:

The global EIA market can be segmented by content type, such as email and social media, among many others. By the type of implementation, the market is separated into on-premises, hosted, and cloud. The on-premises refers to a storage and management location in the company, in the hosted implementation, the files are located in the centers of the service provider and in the cloud segment, cloud storage is used to store the file.

Regional Analysis:
EIA has a strong presence in the North American market, followed by Europe and the Asia-Pacific, due to strict government standards and regulations formulated for various industries and the high rate of adoption of cloud technology.

Key players in the market:

The main players in the global enterprise information archiving market are companies such as Alliance Incorporation, Barracuda Networks Incorporation, Bloomberg LP, Commvault Systems Inc., Global Relay Communications Inc., Google Incorporation, International Business Machine (IBM) Corporation, Microsoft Corporation, Mimecast and Veritas Software Corporation.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Enterprise Information Archiving Market, By Content Type                  

                                6.1.1 Email          

                                6.1.2 Social Media           

                                6.1.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Enterprise Information Archiving Market, By Implementation Type                  

                                6.2.1 On-Premises          

                                6.2.2 Cloud         

                                6.2.3 Hosted      

                                6.2.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.5 Y-o-Y Growth Rate Analysis             

                                6.2.6 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Content Type   

                                7.2.3 By Implementation Type  

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Content Type   

                                7.3.3 By Implementation Type  

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Content Type   

                                7.4.3 By Implementation Type  

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Content Type   

                                7.5.3 By Implementation Type  

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Content Type   

                                7.6.3 By Implementation Type  

8. Key Player Analysis                                    

                8.1 Alliance Incorporation                            

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Barracuda Networks Incorporation                  

                8.3 Bloomberg LP                            

                8.4 Commvault Systems Inc                        

                8.5 Global Relay Communications Inc                     

                8.6 Google Incorporation                             

                8.7 International Business Machine (IBM) Corporation                  

                8.8 Microsoft Corporation                           

                8.9 Mimecast                    

                8.10 Veritas Software Corporation                          

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Content Type, Implementation Type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  • Global Enterprise Information Archiving Market By Region, From 2020-2025 ( USD Billion )
  • Global Enterprise Information Archiving Market By Content Type, From 2020-2025 ( USD Billion )
  • Global Email Market By Region, From 2020-2025 ( USD Billion )
  • Global Social Media Market By Region, From 2020-2025 ( USD Billion )
  • Global Enterprise Information Archiving Market By Implementation Type, From 2020-2025 ( USD Billion )
  • Global On-Premises Market By Region, From 2020-2025 ( USD Billion )
  • Global Cloud Market By Region, From 2020-2025 ( USD Billion )
  • Global Hosted Market By Region, From 2020-2025 ( USD Billion )

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