Compliance, Legal Discovery, and Storage Optimization to Drive Worldwide Email Archiving Applications Market to Nearly $1.4 Billion in 2011, IDC Predicts.FRAMINGHAM, Mass. -- The worldwide email archiving See e-mail archiving. applications market grew 45% in 2006 driven by the need for email archiving to satisfy compliance, legal discovery, and storage optimization requirements. IDC expects the market to approach $1.4 billion in 2011, with a five-year compound annual growth rate (CAGR CAGR See: Compound Annual Growth Rate ) of 23.4%. "The hosted service delivery segment of the market posted surprisingly strong growth in 2006, fueled in part by financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. customers looking to transition their old SEC/NASD compliant archiving solutions into more robust message archiving See e-mail archiving. platform architectures," said Vivian Tero, senior research analyst for Compliance Infrastructure at IDC. "Customers are demanding integrated workflows that support legal discovery and audit requirements. In addition, the aggressive reduction in the cost of connectivity and storage combined with rising awareness of the new legal regime to underpin the green-field opportunities in the non-SEC compliant SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. and mid-market segments." "Email archiving is increasingly fueled by both business and IT requirements for electronic discovery and regulatory compliance as well as performance, capacity, and storage optimization," said Laura DuBois, research director for Storage Software at IDC. "We expect over the next five years to see email and other content archiving solutions converge as firms continue to focus on managing information versus infrastructure." Other key findings include: * Symantec/KVS lead the market in 2006 followed by Zantaz (based on revenue). * The hosted delivery model revenue will grow at a faster CAGR through 2011 than the on-premise one. * While the Americas will continue to account for the bulk of the spending, revenue contribution from EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. and Asia/Pacific will rise over the forecast period. IDC's study, Worldwide Email Archiving Applications 2007-2011 Forecast and 2006 Vendor Shares: Storage Optimization, Mailbox A simulated mailbox in the computer that holds e-mail messages. Mailboxes are stored on disk as a file of messages, a database of messages or as an individual file for each message. The standard mailboxes are usually In, Out, Trash and Junk (Spam). Management, and Records Retention for eDiscovery and Compliance Drive Investments (IDC #206729), provides a market sizing of the worldwide email archiving applications market in 2006 as well as a 2007-2011 forecast. This study also presents the 2006 revenue for top vendors, as well as profiles and competitive nature of key players. To purchase this document, call IDC's Sales hotline at 508-988-7988 or email sales@idc.com. About IDC IDC is the premier global provider of market intelligence, advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy. More than 900 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 90 countries worldwide. For more than 43 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG IDG International Data Group IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) , the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com. All product and company names may be trademarks or registered trademarks of their respective holders. |
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