With the introduction of the General Data Protection Regulation (GDPR), archiving static information from both production and legacy systems becomes even more important. Organizations archive data as a key component of their information lifecycle management strategies.

According to the report, Majority of Organizations Leverage Hybrid Approach to eDiscovery is one of the primary growth factors for the market. Provide High-Efficiency Low-Cost Storage for Data Retention is also expected to contribute significantly to the Data Archiving Software market. Overall, Email Archiving applications of Data Archiving Software, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Enterprise Size, such as Large Enterprises, is boosting the Data Archiving Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Deployment Type, such as Cloud-based, is boosting the Data Archiving Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Platform, such as Desktop (Windows, Mac OS), is boosting the Data Archiving Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Pricing, such as Monthly Subscription, is boosting the Data Archiving Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-User, such as Banking Institutions, is boosting the Data Archiving Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Data Archiving Software market identified that the demand is rising in many different parts of the world as "Enhancements in Technology Such As Cloud Storage Relies On Private or Hosted Servers and Offers Many Advantages ". Furthermore, some recent industry insights like "On November 19, 2019, OpenText, a global leader in Enterprise Information Management (EIM), has announced an expansion to the OpenText Cloud in Japan, with expanded domestic data centers in Tokyo and Osaka." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Data Archiving Software market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Data Archiving Software market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Data Archiving Software market size is calculated using market estimation process, the Data Archiving Software market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Data Archiving Software market size has been validated using both top-down and bottom-up approaches.