E-mail archiving go boom!

IDC released a study done in May 2007 that predicts the e-mail archiving applications market will approach $1.4 billion in 2011. A press release reported that the study saw the e-mail archiving applications market grow by 45% in 2006, “which was driven by the need for e-mail archiving to satisfy compliance, legal discovery, and storage optimization requirements.”

Where public companies have been dealing with this technology to satisfy SEC regulations, the rampant explosion of electronic discovery has further fueled the indistry. The press release further reports that the IDC study pegged Symantec/KVS to lead the market in 2006 followed by Zantaz Inc. The study covered most of the big boys in the industry including AXS-One, EMC, IBM, and Postini.