E-Mail Archiving Market Poised To Explode

Storage needs will increase with new federal regulations, according to market analysts. A study says customers should expect aggressive mergers and acquisitions in the space.

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.

Read the full story at SearchExchange.com