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Enterprise Information Archiving (EIA) Market Report 2022: Rising Demand for Cost-Effective Storage Processes Drive Growth – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The report “Enterprise Information Archiving (EIA) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030” has been added to ResearchAndMarkets.coms to offer.

Key market insights

The global Enterprise Information Archiving (EIA) market is expected to grow at a CAGR of 12.5% ​​between 2022 and 2030, reaching US$7,977.9 million by 2021.

In recent years, the size of usable data in an organization has exploded to zettabytes (one billion terabytes), most of which is unstructured data. The organizations need to manage this huge amount of data which can be done with the support of EIA. EIA would enable organizations to comply with data retention regulations, increase operational productivity, authorized access to information, and reduce data backup costs.

The increasing demand for cost-effective storage processes, the increasing need for data retention for regulatory compliance, and the increasing demand for business performance are the factors driving the EIA market. Various legal compliances around the world have made archiving information difficult for service providers.

Modification of data is not possible once it has been archived, this would have an impact on the EIA market. Searching for unstructured data is difficult because indexing metadata is still a challenge for technology providers. The lack of standardized products for data types such as email, documents and video would further hinder the growth of the market.

Recovering data requires an isolated environment as it may affect the current data. Cloud deployment of the archived data can raise issues such as security, privacy and limited control over the infrastructure, while local deployment can lead to high costs and an increased risk of theft.

Market overview

Enterprise Analytics

The adoption of business information archiving solutions among large enterprises is higher due to increased data generation, attributed to the widespread geographic presence and customer base. There is an increasing demand for solutions for archiving business information. These solutions optimize the storage of information resources, reduce risk, improve business efficiency and maintain business transparency. In addition, these solutions reduce the risks associated with recovering business information during disasters. They also improve the process of retrieving information on the user’s request.

Regional analysis

North America is expected to have the largest market size of the Enterprise Information Archiving (EIA) market. The region has been the most progressive region in adopting corporate information archiving solutions. This region has responded very well to applying the latest technological advances, such as integration technologies with artificial intelligence (AI), cloud and mobile technologies within traditional solutions for archiving corporate information. The main growth driver for this region is the presence of strict government standards and regulations for various industries. The US and Canada in particular are rapidly embracing alternatives for storing corporate information files as significant advances have been made in digital techniques in the region, leading to the implementation of new and stringent electronic information laws.

List of Covered Companies:

  • Microsoft

  • IBM

  • Google

  • Veritas

  • Barracuda

  • Evidence

  • Smarsh

  • Mimecast

  • ZL technologies

  • Global Relay

  • Micro focus

  • Open text

  • Solix

  • Archive360

  • Ever squad

  • Page Freezer

  • Jatheon

Market share

Type

Deployment mode

Company size

  • Small and medium-sized enterprise

  • Big undertaking

End User

  • production

  • Government and Defense

  • Banking and financial services

  • Retail and Commerce

  • IT and Telecommunications

  • Others (Education, Healthcare, Pharmaceuticals, etc.)

This report answers the most important questions

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  • What are the key micro and macro environmental factors affecting the growth of the Enterprise Information Archiving (EIA) market?

  • What are the major investment pockets with respect to product segments and regions currently and during the forecast period?

  • Estimated Forecast and Market Forecasts to 2030.

  • Which segment accounts for the fastest CAGR during the forecast period?

  • Which market segment has a larger market share and why?

  • Are low- and middle-income economies investing in the Enterprise Information Archiving (EIA) market?

  • Which is the largest regional market for the Enterprise Information Archiving (EIA) market?

  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America and the Middle East and Africa?

  • What are the key trends driving the growth of the Enterprise Information Archiving (EIA) market?

  • Who are the key competitors and what are their key strategies to increase their market presence in the Enterprise Information Archiving (EIA) market globally?

Main topics:

1. Foreword

2. Summary

3. Enterprise Information Archiving (EIA) Market: Competitive Analysis

4. Enterprise Information Archiving (EIA) Market: Macro Analysis and Market Dynamics

5. Enterprise Information Archiving (EIA) Market: By Type, 2020-2030, USD (Million)

6. Enterprise Information Archiving (EIA) Market: By Deployment Mode, 2020-2030, USD (Million)

7. Enterprise Information Archiving (EIA) Market: By Company Size, 2020-2030, USD (Million)

8. Enterprise Information Archiving (EIA) Market: By End User, 2020-2030, USD (Million)

9. North American Enterprise Information Archiving (EIA) Market, 2020-2030, USD (Million)

10. UK and European Union Enterprise Information Archiving (EIA) Market, 2020-2030, USD (Million)

11. Asia Pacific Enterprise Information Archiving (EIA) Market, 2020-2030, USD (Million)

12. Latin America Enterprise Information Archiving (EIA) Market, 2020-2030, USD (Million)

13. Middle East and Africa Enterprise Information Archiving (EIA) Market, 2020-2030, USD (Million)

14. Company Profile

For more information on this report, please visit https://www.researchandmarkets.com/r/uj6e70

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