Vendors of e-mail archiving and retrieval software will see revenue growth of more than $2.3 billion in their market over the next four years, according to analyst firm The Radicati Group Inc.
A new study finds that sale of e-mail archiving systems will skyrocket, mainly because of companies ever-increasing storage needs and electronic document retention regulations such as the Sarbanes-Oxley Act and HIPAA.
The group also expects a period of aggressive mergers and acquisitions, as major storage and security vendors seek to enhance their offerings by scooping up smaller players in the space.
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