HPE, Veritas, EMC, OpenText, Smarsh, Barracuda, Mimecast Top Players in WW Archiving Market

The Radicati Group, Inc. has published a report, Information Archiving – Market Quadrant 2016 (April 2016, 64 pages, $3,000). Here is an abstract.

Information Archiving – Market Quadrant 2016
An analysis of the market for information archiving services Revealing Top Players, Trail Blazers, specialists and mature players.

Market segmentation – Information Archiving
Information archiving solutions provide interactive, secure long-term storage of electronic business content, including: email, instant messages, social media, file systems, SharePoint content, and a broad range of other structured and unstructured information. In addition to archiving, these solutions must also provide fast, easy search and retrieval of information, and allow organizations to set granular retention policies which provide the foundation for eDiscovery, Legal Hold, Data Loss Prevention (DLP), and Information Governance.

Information archiving services are defined as follows:

• Information archiving – are solutions delivered as on-premises products, appliances, or as cloud services. Key vendors in this segment include: ArcMail, BAE Systems, Barracuda Networks, EMC, Google, GWAVA, Hewlett Packard Enterprise, IBM, Jatheon, Metalogix, Microsoft, Mimecast, OpenText, Proofpoint, Smarsh, Sonian, Veritas, and others. Note: In the past we published separate Market Quadrants for on-premises and cloud archiving solutions. This year, we feel that separation is no longer valid as most vendors now offer both form factors.
• Business organizations will typically deploy an information archiving solution for one or more of the following reasons:
  • Compliance with Regulatory Requirements – organizations in heavily regulated industries are required to retain and preserve electronic information to meet government and/or industry regulatory requirements.
  • Litigation – During internal and external legal proceedings, organizations will need to efficiently search, discover, and retrieve all pertinent information.
  • Internal Corporate Policies – Many organizations have large amounts of electronic content that needs to be managed and disposed of according to internal corporate policies.
  • Leveraging Information through Content Analytics – organizations are increasingly using information archiving solutions to provide valuable insight into their stored data.
  • Data and Information Security – Information archiving solutions help secure information in a long term repository, where content can be easily restored in the event of a disaster or during any planned or unplanned downtime.

The figure below shows the WW Information Archiving market revenue from 2016 to 2020. The total market will be over $4.6 billion in revenues by year-end 2016, and will grow to over $6.7 billion by 2020.

WW Information Archiving Revenue, 2016-2020
 

Information Archiving Market Quadrant, 2016

(Source: The Radicati Group)