Worldwide Archiving Software Forecast, 2021-2025: Archiving Software Market Remains Resilient During Pandemic with Opportunity Yet to Come

Worldwide Archiving Software Forecast, 2021-2025: Archiving Software Market Remains Resilient During Pandemic with Opportunity Yet to Come

  • November 2021 •
  • 13 pages •
  • Report ID: 6180142 •
  • 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."End-year results for the storage software market as a whole came in better than we had anticipated earlier in the year, and archiving software specifically played a role in this finding," said Greg Macatee, senior research analyst, Infrastructure Systems, Platforms, and Technologies. "Archiving (including on-premises and PCS-based software) grew 3.9% annually while PCS deployment type software increased 11.4%. We expect the archiving software market to be bolstered by enterprise spending and accelerate sales near term as businesses begin to resume more normal spending patterns as the global pandemic recedes."