TechNavio recognizes the following companies as the key players in the Global E-mail Archiving Market: Symantec Corp., EMC Corp., IBM Corp., and Hewlett-Packard Co.
Commenting on the report, an analyst from TechNavio’s IT Security team said: “The increasing need for cost savings among enterprises have prompted them to use cloud-based email archiving solutions. Cloud-based solutions are being increasingly preferred over on-premise email archiving solutions because they are cost-effective. Moreover, since cloud-based solutions are based on the SaaS model, they offer significant benefits to end-users. Further, budgetary constraints are forcing companies to adopt cost-effective cloud-based email archiving solutions, which have advantages such as ease of installation, lower total cost of ownership, and ease of accessibility. Sensing the advantages and growing acceptance of cloud-based solutions, some of the leading security software vendors such as McAfee and Symantec are providing cloud-based solutions. This will encourage cost-sensitive customers such as SMEs to adopt email archiving solutions, which will in turn support the market growth.”
According to the report, one of the major drivers in this market is the growing demand for e-discovery. With the increase in corporate litigation cases in recent years, there is a growing need for e-discovery. Therefore, organizations need to archive all their data and communication details. E-mail archival helps companies to store their email communications for a longer time and retrieve them without time constraints. This in turn increases the demand for email archiving solutions, thereby fostering the growth of the market.
Further, the report states that one such challenge is the availability of open-source solutions. With the growing popularity of email archiving, many companies are introducing open-source solutions that are priced lower than the licensed versions. This has a negative impact on the revenue of leading email archiving solution providers and the overall market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Dell Inc., CommVault Systems Inc., and Iron Mountain Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-e-mail-archiving-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-security
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report -Global E-mail Archiving Market 2012-2016
