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New Study from StrategyR Highlights a $12 Billion Global Market for Enterprise Information Archiving by 2026
SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Enterprise Information Archiving - Global Market Trajectory & Analytics." The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 26473
Companies: 1053 - Players covered include Actiance, Inc.; Atos SE; Barracuda Networks, Inc.; Bloomberg Finance LP; Commvault Systems, Inc.; Global Relay Communications, Inc.; Google LLC; Hewlett Packard Enterprise Development LP (HPE); IBM Corporation; Microsoft Corporation; Mimecast; Proofpoint, Inc.; Smarsh Inc.; Veritas Technologies LLC; ZL Technologies, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Service (Data Migration, Planning & Consulting Services, Operation & Maintenance Services, System Integration, Training & Support Services)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Enterprise Information Archiving Market to Reach $12 Billion by 2026
Amid the COVID-19 crisis, the global market fo Enterprise Information Archiving estimated at US$6.5 Billion in the year 2020, is projected to reach a revised size of US$12 Billion by 2026, growing at a CAGR of 10.4% over the analysis period. Data Migration, one of the segments analyzed in the report, is projected to record a 11.2% CAGR and reach US$4.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Planning & Consulting Services segment is readjusted to a revised 11.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.2 Billion in 2021, While China is Forecast to Reach $2.1 Billion by 2026
The Enterprise Information Archiving market in the U.S. is estimated at US$2.2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2026 trailing a CAGR of 9.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.7% and 8.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR.
Operation & Maintenance Services Segment to Reach US$2.3 Billion by the year 2026
In the global Operation & Maintenance Services segment, USA, Canada, Japan, China and Europe will drive the 10.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1 Billion in the year 2020 will reach a projected size of US$2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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SOURCE Global Industry Analysts, Inc.
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