Email Archiving Software Market Research Report includes Analysis on Market Size, Share and Growth rate at 15.20% CAGR Forecasted from 2024 to 2031
The "Email Archiving Software Market" prioritizes cost control and efficiency enhancement. Additionally, the reports cover both the demand and supply sides of the market. The Email Archiving Software market is anticipated to grow at an annual rate of 15.20% from 2024 to 2031.
This entire report is of 108 pages.
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Email Archiving Software Market Analysis
Email archiving software is a solution that enables organizations to securely store and manage large volumes of emails for compliance, legal discovery, and storage optimization purposes. The global email archiving software market is experiencing significant revenue growth driven by increasing data regulations, cybersecurity threats, and the need for efficient data management. Key players in the market include Barracuda Networks, MimeCast, Actiance, Carbonite (MailStore), Commvault, Exclaimer, Arcserve, TitanHQ (CopperFasten Technologies Limited), Hornetsecurity, SolarWinds, The Email Laundry, GFI Software, Fookes Software, Sherpa Software, and Jatheon Technologies. The report highlights market trends, competitive landscape, and recommendations for businesses looking to invest in email archiving software.
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Email archiving software market is experiencing a surge in demand, with the adoption of cloud-based and on-premises solutions across various sectors. Enterprises, schools, government agencies, banks, internet service providers (ISPs), and other organizations are actively investing in email archiving software to securely store and manage their email communications.
Regulatory and legal factors play a crucial role in shaping the market conditions for email archiving software. Data protection regulations, such as the GDPR in Europe and HIPAA in the US, require organizations to securely archive their email communications to ensure compliance with data privacy laws. Failure to comply with these regulations can result in hefty fines and legal implications, driving the need for robust email archiving solutions.
The market segmentation of email archiving software includes cloud-based and on-premises solutions catering to different types of applications. Enterprises prefer cloud-based solutions for scalability and cost-effectiveness, while schools and government agencies opt for on-premises solutions for greater control over data security. Banks and ISPs also prioritize email archiving software to comply with industry regulations and safeguard sensitive customer information.
Overall, the email archiving software market is witnessing steady growth, driven by increasing regulatory requirements and the need for organizations to effectively manage and secure their email communications.
Top Featured Companies Dominating the Global Email Archiving Software Market
The Email Archiving Software Market is highly competitive with key players such as Barracuda Networks, MimeCast, Actiance, Carbonite (MailStore), Commvault, Exclaimer, Arcserve, TitanHQ (CopperFasten Technologies Limited), Hornetsecurity, SolarWinds, The Email Laundry, GFI Software, Fookes Software, Sherpa Software, and Jatheon Technologies.
These companies offer a range of email archiving solutions that help organizations securely store and manage their email communications for compliance, legal, and productivity purposes. They provide features such as data encryption, de-duplication, advanced search capabilities, and eDiscovery tools to ensure smooth and efficient email archiving processes.
Sales revenue for some of these companies in the Email Archiving Software Market is as follows:
1. Barracuda Networks: $ million (FY 2020)
2. MimeCast: $389.6 million (FY 2020)
3. Carbonite (MailStore): $275.61 million (acquired by OpenText in 2019)
4. Commvault: $749.7 million (FY 2020)
5. Exclaimer: $20.43 million (FY 2020)
These companies help grow the Email Archiving Software Market by continuously innovating and enhancing their product offerings to meet the evolving needs of customers. They also focus on expanding their global presence through strategic partnerships, acquisitions, and customer acquisitions. Additionally, these companies invest in marketing and sales efforts to increase market visibility and reach a broader customer base. Overall, these companies play a crucial role in driving the growth and development of the Email Archiving Software Market.
Barracuda Networks
MimeCast
Actiance
Carbonite (MailStore)
Commvault
Exclaimer
Arcserve
TitanHQ (CopperFasten Technologies Limited)
Hornetsecurity
SolarWinds
The Email Laundry
GFI Software
Fookes Software
Sherpa Software
Jatheon Technologies
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Email Archiving Software Segment Analysis
Email Archiving Software Market, by Application:
Enterprises
Schools
Government
Banks
Internet Service Providers (ISPs)
Others
Email archiving software is used by enterprises, schools, government agencies, banks, internet service providers (ISPs), and other organizations to securely store and manage email communications. This software helps in meeting compliance regulations, improving storage efficiency, and ensuring data protection. The fastest growing application segment in terms of revenue is expected to be enterprises, as they increasingly rely on email archiving for legal compliance, data retention, and e-discovery purposes. Email archiving software is crucial for these industries to efficiently manage and retrieve their email data for various purposes, such as litigation support, auditing, and knowledge management.
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Email Archiving Software Market, by Type:
Cloud-based
On-premises
Cloud-based email archiving software allows organizations to store email data on remote servers operated by a third-party provider. On-premises email archiving software, on the other hand, involves storing email data on servers located within the organization's physical premises. Both types help in boosting the demand for email archiving software by providing a secure and efficient way to store and manage vast amounts of email data. Cloud-based solutions offer scalability, ease of access, and cost-effectiveness, while on-premises software provides enhanced control and customization options. Organizations can choose the solution that best fits their needs, driving the growth of the email archiving software market.
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Regional Analysis:
North America:
United States
Canada
Europe:
Germany
France
U.K.
Italy
Russia
Asia-Pacific:
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America:
Mexico
Brazil
Argentina Korea
Colombia
Middle East & Africa:
Turkey
Saudi
Arabia
UAE
Korea
The Email Archiving Software market is expected to experience significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America, particularly the United States, is expected to dominate the market with a market share percent valuation of around 40%, followed by Europe with a market share of approximately 30%. The Asia-Pacific region is also projected to witness substantial growth, with key countries like China and Japan contributing to the market share of around 20%. Latin America and Middle East & Africa are expected to account for the remaining 10% of the market share.
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