Continued Double-Digit Email Archiving Applications Market Growth Through 2009
IDC: Explosive expansion in email and email attachments combined with increased attention to regulatory compliance and corporate governance issues will continue to drive robust revenue growth of the worldwide email archiving application market. IDC estimates 2005 revenue will top $310 million worldwide, and grow at a compound annual growth rate of 34.5% through 2009. As email becomes widely accepted as a record of business and as more firms adopt record retention policies that include electronic communications (email and instant messaging), we expect to see a robust uptick in the deployment of email archiving applications. Basic email archiving functionality will become increasingly available in messaging and storage applications, however many organizations will continue to purchase dedicated solutions that provide a better fit for compliance and corporate governance requirements and integration with existing infrastructure,.
Among other key trends influencing the market are the following:
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Consolidation within the email archiving applications market will persist.
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Organizations will continue to show a strong preference for insourced vs. outsourced email archiving solutions.
Publ 20060117
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