TECH SUPPLIER Aug 2018 - Market Share - Doc # US44222318

Worldwide Archiving Software Market Shares, 2017: Growth of Enterprise Data Volumes and Cloud Adoption Drives Market Expansion

By: Andrew SmithResearch Manager, Cloud Infrastructure Services

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 market growth, identifies market share leaders and innovative competitors, and explores how some of the most influential providers are responding to changes within their competitive environment.

"The archiving market is racing to keep up with the demands of today's digital and data-oriented enterprises," said Andrew Smith, senior research analyst, Storage Software. "The needs of these types of enterprises favor speed and flexibility of deployment, resulting in the continued expansion of cloud-based archiving solutions over on-premises alternatives. This shift had a significant impact on archiving providers in 2017, and the competitive landscape continues to evolve because of a combination of innovative market entrants, new product development, and a long list of M&A activity."


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