TECH SUPPLIER Aug 2019 - Market Forecast - Doc # US45450919
Worldwide Archiving Software Forecast, 2019–2023: Opportunities in Public Cloud and SaaS-Based Solutions Overshadow Traditional Deployments
This IDC study analyzes the worldwide archiving software market, which is made up of revenue from both on-premise archiving software and public cloud/SaaS-based archiving services. The study highlights the key trends impacting archiving software providers and the competitive dynamic within the market and identifies the most significant drivers and inhibitors impacting the five-year forecast.
"The archiving software market will be greatly affected by growing interdependence between storage, infrastructure, and security disciplines," said Greg Macatee, research analyst, Infrastructure Platforms and Technologies. "Cloud-based archiving solutions are expected to continue to buoy the overall archiving software market, as on-premise/other revenue declines throughout the forecast period. We expect market innovators to continue to leverage public cloud storage and SaaS solutions to deliver a platform or archiving services that are increasingly cost-effective."
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