PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236047
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236047
Global Digital Vault Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Digital vaults offer firms and businesses a secure and encrypted online storage solution that allows them to securely manage, share, and deliver files. The Digital Vault market is expanding because of factors such as the rising data privacy and secured file sharing concerns and handling of data generated through connected devices. Along with this rising public spendings towards smart technologies and penetration of electronic devices is another major factoring boosting the market growth.
According to the FBI National Press Office 2021, internet crime has increased by more than 300,000 complaints from 2019 to 2020. It is found that the internet crime report 2020 includes approximately 791,790 complaints of suspected internet crimes worldwide. With the rising cyber crimes, the concerns towards data privacy and secured file sharing also rise which enhances the market growth. Whereas rising digitization and growing R&D activities by market players create lucrative opportunities for the market. However, the use of physical vaults hampers market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Digital Vault Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe dominated the market in terms of revenue, owing to the increasing digitization and requirement for data privacy. Also, Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing penetration of market players and growing R&D activities by market players
In March 2022: SRG Financial Advisors, a Missouri-based financial advisory and wealth management firm, announced the launch of the Mile Marker Vault in collaboration with Future Vault, an industry-leading provider of secure document exchange and digital vault solutions.
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.
The report also caters for detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable