Structured data archiving software is used to moves data from custom provided applications to an alternative database management system or a file system while maintaining integrity. This helps in reducing the storage acquisition cost, facility requirements, and cost of preserving data for compliance while rewriting applications. Asia Pacific region is expected to hold a significant share of structured data archiving and application retirement market.
The "Global Structured Data Archiving and Application Retirement Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the structured data archiving and application retirement market with detailed market segmentation by deployment, application, and geography. The report provides key statistics on the market status of the leading structured data archiving and application retirement market players and offers key trends and opportunities in the market.
- Based on deployment, the global structured data archiving and application retirement market is segmented into cloud and on-premise.
- On the basis of application, the market is segmented into BFSI, education, IT and telecom, manufacturing, and others.
- The growth of structured data archiving and application retirement market is fueled by driving factors such as advancements in technology and growing focus towards reducing operational costs and increasing the efficiency.
- Increased IT spending by various organizations is expected to create opportunities for the companies operating in the market to gain a broader customer base and generate more revenues.
- Privacy issues may hinder the growth of the structured data archiving and application retirement market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The structured data archiving and application retirement market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the structured data archiving and application retirement market in these regions.
IMPACT OF COVID-19ON STRUCTURED DATA ARCHIVING AND APPLICATION RETIREMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the structured data archiving and application retirement market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from structured data archiving and application retirement market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the structured data archiving and application retirement market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Data Migration Services AG
- IBM Corporation
- Microsoft Corporation
- OpenText Corporation
- PBS Software
- Solix Technologies, Inc.
- ZL Technologies
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.