Archival Data Storage Market

Archival data storage is a form of storage designed for data which is not needed at present but needs to be stored so that it can be retrieved in the future, if necessary. Usually, backup systems often allow for archiving records. Corporates and government organizations of various countries have started to understand the value of a secure long-term archival storage policy for their sensitive data records. However, sectors such as BFSI and healthcare that use insurance record management and medical imaging have a long tradition of electronic archival storage. Other sector companies have also started to adopt archival data storage to save their data for the long term.
Archival Data Storage Market contains market size and forecasts of Archival Data Storage in Global, including the following market information:
Global Archival Data Storage Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Archival Data Storage market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
On-premise Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Archival Data Storage include Google, LLC, IBM Corporation, Oracle Corporation, Microsoft, Amazon Web Services (AWS), Cohesity, Inc., SolarWinds MSP, StoneFly and HUAWEI, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Archival Data Storage companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Archival Data Storage Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Archival Data Storage Market Segment Percentages, by Type, 2021 (%)
On-premise
Cloud-based
Global Archival Data Storage Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Archival Data Storage Market Segment Percentages, by Application, 2021 (%)
BFSI
Entertainment
Education
Healthcare
IT & Telecommunication
Military & Defense
Others
Global Archival Data Storage Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Archival Data Storage Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Archival Data Storage revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Archival Data Storage revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Google, LLC
IBM Corporation
Oracle Corporation
Microsoft
Amazon Web Services (AWS)
Cohesity, Inc.
SolarWinds MSP
StoneFly
HUAWEI
Alibaba
Tencent
Baidu