United States
US 53985854 | Procurement

Data Archiving & Storage Services in the US Procurement Price, Data and Insights

IW
IBISWorld Research Department
Analyst New York
Data archiving service providers move data no longer actively used to a separate computer storage server or storage medium for long-term retention. Archived data is older data that remains important and necessary for future reference but does not need to be accessed regularly. This report specifically includes storage classified as "cool" to "cold." Data that is commonly archived includes emails, records, and checks. Key buyers include hospitals, government agencies, utility service providers, accounting firms, and insurance agencies.

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What’s included in this market coverage

IBISWorld's research coverage on the Data Archiving & Storage Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.

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About this Market

What’s this procurement report about?

This procurement coverage of the Data Archiving & Storage Services market in the United States includes Cool Storage, Cold Cloud-Based Archival Storage Services and Hot Cloud-Based Archival Storage Services. Standard coding in this coverage includes ISIC-6311-Data processing, hosting and related activities, NACE-63.11-Data Processing, Hosting And Related Activities, NAICS-518210-Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services and UNSPSC-80161506-Data archiving services.

What common market terminology is included?

Common market terminology included in the Data Archiving & Storage Services procurement coverage includes Information Technology (IT) (The study and use of computer systems for storing and retrieving data.), Gigabyte (GB) (A unit of measure of information. One GB is equivalent to about 1 billion bytes of information.), Terabyte (TB) (A unit of measure of information. One TB is equivalent to about 1,000 gigabytes.), Encryption (The conversion of data into a form that is not easily decipherable by unauthorized persons. Used as a security precaution that prevents any stolen data from being used maliciously.), Hot Storage (Storage class for frequently accessed data.), Cool Storage (Storage class for data that is accessed infrequently but must be retrieved quickly when needed.) and Cold Storage (Storage class for data that is intended to be stored long term and can be retrieved less urgently when access is needed.).

What companies are included as top suppliers?

The top companies covered in the Data Archiving & Storage Services procurement report as suppliers are Global Relay Communications Inc., Barracuda Networks Inc., OpenText Corporation, Hewlett Packard Enterprise Co and International Business Machines Corporation.

Opportunity Assessment

What’s included in the Opportunity Assessment chapter?

The Opportunity Assessment chapter provides a comprehensive market analysis of the Data Archiving & Storage Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.

The market pricing trends include the Market Price (2026) per TB of storage, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.

Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Data Archiving & Storage Services market environment.

Buyer Power Score

What’s included in the Buyer Power Score chapter?

The Buyer Power Score chapter assesses key components impacting Data Archiving & Storage Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.

These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.

Price Environment

What’s included in the Price Environment chapter?

The Price Environment chapter covers detailed pricing analysis and datasets on Data Archiving & Storage Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.

Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.

Supply Chain & Vendors

What’s included in the Supply Chain & Vendors chapter?

The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Data Archiving & Storage Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.

Business Requirements

What’s included in the Business Requirements chapter?

The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.

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Frequently Asked Questions

What is the current market price for Data Archiving & Storage Services?

The 2026 benchmark market price for Data Archiving & Storage Services is $5.59 per TB of storage. Prices have increased at a CAGR of 2.97 from 2023-26.

Who are the top vendors in the Data Archiving & Storage Services market?

The top vendors in the Data Archiving & Storage Services market include Global Relay Communications Inc., Barracuda Networks Inc., OpenText Corporation, Hewlett Packard Enterprise Co and International Business Machines Corporation.

What industries supply the Data Archiving & Storage Services market?

The top industries supplying the Data Archiving & Storage Services market are Computer Manufacturing in the US, Semiconductor & Circuit Manufacturing in the US, Computer Peripheral Manufacturing in the US, Wire & Cable Manufacturing in the US, Electric Power Transmission in the US, Transmission Line Construction in the US, Wired Telecommunications Carriers in the US and Telecommunication Networking Equipment Manufacturing in the US.

What is the supply chain risk for Data Archiving & Storage Services?

High vendor concentration limits competition and reduces buyer negotiation leverage. The top four vendors control more than half of the market revenue, creating a concentrated landscape where a few dominant players set the tone for pricing and contract terms. This reduces buyers' ability to drive aggressive competition during procurement and makes switching costs more pronounced. Buyers should mitigate this risk by benchmarking vendor performance regularly, leveraging multi-supplier frameworks where feasible, and negotiating flexible terms that safeguard against overreliance on a single large provider.

What factors affect the price of Data Archiving & Storage Services?

The frequency and speed of data retrieval significantly affect the pricing of storage services. Higher costs are typically associated with services that prioritize rapid access to archived data, while slower retrieval methods offer more cost-effective solutions.

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