Enterprise Information Archiving (EIA) Market is projected to reach ~US$ 26,255.8 Mn by 2032

Enterprise information archiving is a unique solution employed by enterprises to archive the information which is used for communication within the organization such as emails, messages, files etc. EIA leverages technology to create centralized storage and organization of corporate data. It can archive information in both structured and unstructured formats.

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EIA allows organizations to archive their information for a long duration of time and helps satisfy the need for maintaining records, forensic analysis, company policies and e-discovery. Rising need for cost-effective data storage solutions for inactive data to meet compliance and legal requirements is projected to propel the growth of enterprise information archiving market during the forecast period.

Over the years, enterprise information archiving has become an essential tool for enterprises to stay protected from litigations accusing the enterprises of fraud or disclosure of confidential information.

As of 2022, enterprise information archiving market constitutes about 18% share in enterprise storage market.

EIA helps enterprises meet the demands of keeping records, forensic analysis, corporate rules, and e-discovery while enabling them to store their information for extended periods of time. Enterprise information archiving market expansion is anticipated to be driven by the need for cost-effective data storage solutions for inactive data to meet compliance and legal requirements during the forecast period.

Enterprise information archiving has developed into a crucial tool for businesses to protect themselves from lawsuits alleging fraud or the leaking of secret information.

Business information archiving will account for around 18% of the enterprise storage industry by 2022.