Industry and News Enterprise Information Archiving Market | Page 2

The prominent factors that can be attributed to the growth of the Enterprise Information Archiving
market include burgeoning demands for exceptional performance of business processes, increasing
inclinations towards cloud deployment, rise in the industrialization, rapid urbanization, rise in the
awareness among the end users concerning the efficiency, technological enhancements, developing
nations, increasing prerequisites, rising demands for lucrative storage solutions for inactive
enterprise data, and emergence of huge companies.
On the other hand, the manufacturers are also taking up partnerships, joint ventures, as well as
acquisitions as their major steps that are ultimately contributing in the inorganic growth of the
Enterprise Information Archiving Industry. On account of all the above factors, it is estimated that
the industry will register a healthy CAGR in the upcoming period.
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Enterprise Information Archiving Market is segregated by type as Files and Enterprise File
Synchronization and Sharing, Web, Mobile Communication, Social Media, Email, Instant Messaging,
and others. The market is classified by application as Life Science and Healthcare, BFSI, and others.
The industry is divided by geography as North America, Europe, Southeast Asia, China, Japan, and
India.
Geographically, the Enterprise Information Archiving industry is witnessing a momentous growth in
the North American region and the region is at the same time occupying a significant share in the
market. The factors that are boosting the overall growth may entail robust adoption of modern
technology, constant innovations including cloud as well as mobile, and emergence of novel
enterprise information archiving solutions, and implementation of strict government standards and
regulations.
On the other hand, it has been noticed that Asia Pacific is also gradually displaying a noteworthy
growth in the Enterprise Information Archiving Industry, the reason being huge demonstration and
adoption of enterprise information archiving solutions. The key players contributing in the
development of Enterprise Information Archiving market are recognized as IBM Corporation,
Barracuda Networks, Inc., Microsoft Corporation, Mimecast, Proofpoint, Inc., Veritas Technologies
Llc, Google, Inc., Hewlett-Packard Enterprise Company, Commvault Systems, Inc., Smarsh, Inc., and
Global Relay Communications, Inc.