Market Overview:
The global file archiving software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based and on-premises file archiving software solutions by small and medium enterprises (SMEs) and large enterprises, respectively. Additionally, the growing trend of digital transformation is also fueling the demand for file archiving software solutions across different regions. On the basis of type, the global file archiving software market can be segmented into cloud-based and on-premises. The cloud-based segment is expected to grow at a higher CAGR during the forecast period as compared to on-premises due to its advantages such as low cost of ownership, scalability, and ease of use.
Product Definition:
File archiving software is a type of program that helps users to compress and store files in an organized manner. This type of software is important because it can help to free up space on a user's computer, while also making it easy to find the files that they need.
Cloud-based:
Cloud-based solutions are used to store data on remote servers using a digital cloud as a medium. The solution is cost-effective, easy to deploy and can be accessed from any location or device. Cloud storage offers benefits such as scalability, flexibility and quick access to the stored data. It also helps in storing large amounts of data with minimum human intervention which increases its demand among small & medium enterprises (SMEs).
On-premises:
On-premises software is a type of software that is installed and used directly by the end-users or companies. The installation of this type of software does not require an internet connection, as it is installed on the user’s own server or computer. This type of software can be used for various applications such as website hosting, email hosting, file storage etc.
Application Insights:
The other application segment includes government, healthcare and education. The SMEs' segment held the largest market share in 2017. This is attributed to the growing adoption of cloud-based solutions among small businesses for cost reduction and ease of use. Furthermore, an increasing number of vendors in the market to provide services to SMEs is also expected to drive growth over the forecast period.
The large enterprises' application segment is anticipated to witness a significant CAGR over the forecast period owing to factors such as increased demand for data storage due archiving purposes or compliance with regulatory norms set by various institutions such as IRDA, FATF and others regarding money laundering activities or terrorism financing through electronic transfers across countries/territories worldwide. Increasing awareness about these issues has led several institutions worldwide including governments, financial institutions and media houses etc.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to several factors such as increasing government initiatives for digital preservation, growing adoption of cloud-based solutions and increased demand for cost-effective software. Moreover, North America is home to some of the largest enterprises that are early adopters of advanced technologies. Thus, these companies are expected to drive regional growth over the forecast period.
The Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness among SMEs regarding their legal obligations with respect to document retention and production in various countries across Asia Pacific region (Brunei; Hong Kong; Macau; Singapore). Furthermore, an increase in spending capacity among enterprises would also contribute towards market expansion within this region.
Growth Factors:
- Increasing demand for data storage: The File Archiving Software market is expected to grow as the need for data storage increases. With the growth of big data and IoT, businesses are generating more and more data that needs to be stored securely.
- Proliferation of cloud-based solutions: Cloud-based file archiving solutions are becoming increasingly popular as they offer flexibility and scalability. They also help businesses reduce their IT costs by eliminating the need for on-premises infrastructure.
- Rising demand for compliance and eDiscovery: Businesses are increasingly looking for file archiving solutions that can help them meet compliance requirements such as GDPR and Sarbanes Oxley Act (SOX). eDiscovery is also becoming a critical requirement in legal proceedings, which is driving demand for file archiving software products that can support this process.
- Growing popularity of digital transformation initiatives: Many businesses are embarking on digital transformation initiatives, which require them to manage large volumes of unstructured data effectively. File archiving software helps organisations do this by providing a central repository where all their files can be stored securely and accessed easily when needed . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
File Archiving Software Market Research Report
By Type
Cloud-based, On-premises
By Application
Small and Medium Enterprises (SMEs), Large Enterprises, Other
By Companies
TitanHQ, CloudBerry Lab, SolarWinds MSP, DocuXplorer Software, Jatheon Technologies, GFI Software, ShareArchiver, Global Relay Communications, Professional Advantage, MessageSolution
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global File Archiving Software Market Report Segments:
The global File Archiving Software market is segmented on the basis of:
Types
Cloud-based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises (SMEs), Large Enterprises, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TitanHQ
- CloudBerry Lab
- SolarWinds MSP
- DocuXplorer Software
- Jatheon Technologies
- GFI Software
- ShareArchiver
- Global Relay Communications
- Professional Advantage
- MessageSolution
Highlights of The File Archiving Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premises
- By Application:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the File Archiving Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
File archiving software is a computer program that helps you to organize and store files.
Some of the major players in the file archiving software market are TitanHQ, CloudBerry Lab, SolarWinds MSP, DocuXplorer Software, Jatheon Technologies, GFI Software, ShareArchiver, Global Relay Communications, Professional Advantage, MessageSolution.
The file archiving software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 File Archiving Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 File Archiving Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 File Archiving Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the File Archiving Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global File Archiving Software Market Size & Forecast, 2020-2028
4.5.1 File Archiving Software Market Size and Y-o-Y Growth
4.5.2 File Archiving Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global File Archiving Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 File Archiving Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 File Archiving Software Market: Competitive Dashboard
14.2 Global File Archiving Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TitanHQ
14.3.2 CloudBerry Lab
14.3.3 SolarWinds MSP
14.3.4 DocuXplorer Software
14.3.5 Jatheon Technologies
14.3.6 GFI Software
14.3.7 ShareArchiver
14.3.8 Global Relay Communications
14.3.9 Professional Advantage
14.3.10 MessageSolution
