Worldwide Archiving Software Forecast, 2020-2024:  Overall Market Forecast Remains Buoyant Post-Pandemic,  Led by Opportunities in Public Cloud

Worldwide Archiving Software Forecast, 2020-2024: Overall Market Forecast Remains Buoyant Post-Pandemic, Led by Opportunities in Public Cloud

  • June 2020 •
  • 14 pages •
  • Report ID: 5914887 •
  • Format: PDF
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."While product functionalities provided by archiving solutions and other types of storage software continue to converge, we believe there still exists opportunities for providers to capitalize on strategic initiatives in the market," said Greg Macatee, research analyst, Infrastructure Platforms and Technologies. "Cloud-based archiving offerings will continue to shape the competitive landscape throughout the forecast period with notable opportunity for suppliers that are able to demonstrate further value-add in their product offerings while remaining efficient and economically low cost for their customer storage needs."