target audience: TECH SUPPLIER Publication date: Aug 2024 - Document type: Market Forecast - Doc Document number: # US52506924
Worldwide Archiving Software Forecast, 2024–2028: Demand for New Data Sources Helps Drive Market's Growth
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Abstract
This IDC study analyzes the worldwide archiving software market, which is made up of revenue from both on-premises archiving software and public cloud/SaaS-based archiving services. This study highlights the key trends impacting archiving software providers and the competitive dynamic within the market. It also identifies the most significant drivers and inhibitors impacting the five-year forecast.
"Archiving software continues to see increasing demand as organizations' data stores grow and the mandates for retaining them become stricter and more inclusive," said Johnny Yu, research manager, Storage and Computing Infrastructure Software Platforms, IDC. "Renewed interest in archiving all business correspondence — not just emails — indicates a new driver for this market."