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Dublin, Jan. 24, 2023 (GLOBE NEWSWIRE) — 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 from ResearchAndMarkets.com offer.

Key market information

The global enterprise information archiving (EIA) market is expected to grow at a CAGR of 12.5% ​​from 2022 to 2030, from USD 7,977.9 million in 2021.

In recent years, the size of payload data in an organization has increased dramatically to zettabytes (one billion terabytes), with the majority being unstructured data. Organizations have to manage this huge amount of data, which can be done with the support of EIA. EIA would allow organizations to comply with data retention regulations, increase operational productivity, authorize access to information and reduce data backup costs.

Rising demand for cost-effective storage processes, rising need for data retention for regulatory compliances, and growing demand for business performance are the factors driving the EIA market. Differing regulatory compliances around the world have made archiving information difficult for service providers.

Modification of the data is not possible once it is archived, which would have an impact on the EIA market. Searching unstructured data is difficult as metadata indexing remains a challenge for technology vendors. Lack of standardized products for data types such as emails, documents, and video would further hamper the market growth.

Restoring the data would require an isolated environment as it may affect the current data. Cloud deployment of archived data could present issues such as security, privacy, and limited infrastructure control, while on-premises deployment could result in high costs and increased risk of theft.

Market summary

Business analysis

Adoption of enterprise information archiving solutions among large enterprises is higher, due to increased generation of data, which is attributed to extended geographic presence and customer base. There is a growing demand for enterprise information archiving solutions. These solutions optimize the storage of information assets, reduce risk, improve business efficiency and maintain business transparency. In addition, these solutions reduce the risks associated with recovering corporate information in the event of a disaster. They also improve the process of retrieving requested information from the user.

Regional analysis

North America is expected to hold the largest market size of enterprise information archiving (EIA) market. The region was the most advanced region in adopting enterprise information archiving solutions. This region has been extremely responsive to the adoption of the latest technological advancements, such as integration technologies with artificial intelligence (AI), cloud and mobile technologies in traditional enterprise information archiving solutions. The major driver of growth in this region is the presence of stringent government standards and regulations framed for various industries. Specifically, the United States and Canada are rapidly adopting business information file storage alternatives as there are significant advancements in the region’s digital techniques, leading to the implementation of strict new privacy laws. electronic information.

List of companies covered:

  • Microsoft

  • IBM

  • Google

  • Veritas

  • Barracuda

  • point of proof

  • Smarsh

  • Mimecast

  • ZL Technologies

  • World Relay

  • Micro focus

  • Open text

  • Solix

  • Archive360

  • Always the team

  • pagefreezer

  • Jatheon

Market segmentation
Type

Deployment mode

size of the company

Final user

  • Manufacturing

  • Government and Defense

  • Banking and financial services

  • Retail and Commerce

  • IT and Telecommunications

  • Others (Education, Health, Pharmaceutical, etc.)

Key questions answered by this report

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

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

  • Estimated forecasts and market projections till 2030.

  • Which segment represents 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?

  • What 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, Middle East and Africa?

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

  • Who are the leading competitors and what are their key strategies to strengthen their presence in the global enterprise information archiving (EIA) market?

Main topics covered:

1. Preface

2. Executive 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 Enterprise Size, 2020-2030, USD (Million)

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

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

10. UK & EU 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 & Africa Enterprise Information Archiving (EIA) Market, 2020-2030, USD (Million)

14. Company Profile

For more information about this report visit https://www.researchandmarkets.com/r/f5wyjj

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