Product Code: A09541
The global digital vault market is envisioned to garner $2,850.7 million by 2031, growing from $743.8 million in 2021 at a CAGR of 14.2% from 2022 to 2031.
Digital vault offers various advantages such as ease of access, privacy control, and bank-level security, and helps in staying organized and updated. Premium security standards are used by banks that help in protecting sensitive data with the highest level of encryption. Digital vaults are inexpensive, and most companies offer plans under $100 per year which comes to less than $8 per month. During the forecast period, the global digital vault market is predicted to grow at a rapid pace. This is due to growing concerns, rules, and compliances to secure sensitive data from any form of cyber-attack by adopting security solutions. Many businesses around the world are implementing these solutions to reduce security risks and protect their assets from theft or data loss.
The telecom industry's rising adoption of wireless technology, combined with business digitization, will drive the digital vault market size during the forecast period. Aside from rules and regulations to protect sensitive data, the growing concern about the security of data from connected devices is likely to drive the market for digital vaults over the forecast period.
Ease of access to the information stored in the digital vault is one of the striking benefits of these vaults. The digital vaults help you to share access with other users with utmost security in case of emergencies. The digital vaults can keep your assets up-to-date and organized as it offers single, secure, and central location for storing your crucial data such as estate planning documents, account passwords, and more. The expanding adoption of wireless technology and increase in the amount of online transactions, combined with business digitization and online data storage, will fuel the rise of digital vaults in the industry over the next several years. Also, the digital vaults are cost-effective as most of the companies offers digital vault subscription under $100 per year which is less than $8 per month.
The COVID-19 pandemic brought several uncertainties, leading to severe economic losses as various businesses across the world were at a standstill. During the pandemic, the COVID-19 outbreak had a positive impact on the worldwide digital vault market growth. The growing trend of conducting business online has had a positive impact on the digital vault market share and size. This has increased the possibility of cyber-attacks, putting enterprises' security at risk. Organizations are increasingly using digital vault solutions as cyber security has become a top priority, boosting market growth.
The key players profiled in this report includes: Keeper Security, Multicert, Hitachi Limited, Fiserv, Microfocus, Johnson Controls International PLC CyberArk Software Ltd., Microsoft, IBM, and Oracle Corporation.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the digital vault market analysis from 2021 to 2031 to identify the prevailing digital vault market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the digital vault market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global digital vault market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
By Deployment
By Enterprise Size
- Large Enterprise
- Small and Medium Enterprise
By End Use
- BFSI
- IT and Telecom
- Manufacturing
- Government
- Healthcare
- Others
By Region
- North America
- Europe
- U.K.
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA
Key Market Players
- Johnson Controls
- CyberArk
- IBM
- Oracle
- Hitachi
- Micro Focus
- Fiserv
- Symantec
- Microsoft
- Multicert
- keeper security, inc.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Key Regulation Analysis
- 3.7. Market Share Analysis
- 3.8. Patent Landscape
- 3.9. Regulatory Guidelines
- 3.10. Value Chain Analysis
CHAPTER 4: DIGITAL VAULT MARKET, BY COMPONENT
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Solution
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Service
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: DIGITAL VAULT MARKET, BY DEPLOYMENT
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. On Premise
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Cloud
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
CHAPTER 6: DIGITAL VAULT MARKET, BY ENTERPRISE SIZE
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Large Enterprise
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Small and Medium Enterprise
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: DIGITAL VAULT MARKET, BY END USE
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. BFSI
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. IT and Telecom
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Manufacturing
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
- 7.5. Government
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
- 7.6. Healthcare
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by region
- 7.6.3. Market share analysis by country
- 7.7. Others
- 7.7.1. Key market trends, growth factors and opportunities
- 7.7.2. Market size and forecast, by region
- 7.7.3. Market share analysis by country
CHAPTER 8: DIGITAL VAULT MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key trends and opportunities
- 8.2.2. Market size and forecast, by Component
- 8.2.3. Market size and forecast, by Deployment
- 8.2.4. Market size and forecast, by Enterprise Size
- 8.2.5. Market size and forecast, by End Use
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Key market trends, growth factors and opportunities
- 8.2.6.1.2. Market size and forecast, by Component
- 8.2.6.1.3. Market size and forecast, by Deployment
- 8.2.6.1.4. Market size and forecast, by Enterprise Size
- 8.2.6.1.5. Market size and forecast, by End Use
- 8.2.6.2. Canada
- 8.2.6.2.1. Key market trends, growth factors and opportunities
- 8.2.6.2.2. Market size and forecast, by Component
- 8.2.6.2.3. Market size and forecast, by Deployment
- 8.2.6.2.4. Market size and forecast, by Enterprise Size
- 8.2.6.2.5. Market size and forecast, by End Use
- 8.2.6.3. Mexico
- 8.2.6.3.1. Key market trends, growth factors and opportunities
- 8.2.6.3.2. Market size and forecast, by Component
- 8.2.6.3.3. Market size and forecast, by Deployment
- 8.2.6.3.4. Market size and forecast, by Enterprise Size
- 8.2.6.3.5. Market size and forecast, by End Use
- 8.3. Europe
- 8.3.1. Key trends and opportunities
- 8.3.2. Market size and forecast, by Component
- 8.3.3. Market size and forecast, by Deployment
- 8.3.4. Market size and forecast, by Enterprise Size
- 8.3.5. Market size and forecast, by End Use
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. U.K.
- 8.3.6.1.1. Key market trends, growth factors and opportunities
- 8.3.6.1.2. Market size and forecast, by Component
- 8.3.6.1.3. Market size and forecast, by Deployment
- 8.3.6.1.4. Market size and forecast, by Enterprise Size
- 8.3.6.1.5. Market size and forecast, by End Use
- 8.3.6.2. Germany
- 8.3.6.2.1. Key market trends, growth factors and opportunities
- 8.3.6.2.2. Market size and forecast, by Component
- 8.3.6.2.3. Market size and forecast, by Deployment
- 8.3.6.2.4. Market size and forecast, by Enterprise Size
- 8.3.6.2.5. Market size and forecast, by End Use
- 8.3.6.3. France
- 8.3.6.3.1. Key market trends, growth factors and opportunities
- 8.3.6.3.2. Market size and forecast, by Component
- 8.3.6.3.3. Market size and forecast, by Deployment
- 8.3.6.3.4. Market size and forecast, by Enterprise Size
- 8.3.6.3.5. Market size and forecast, by End Use
- 8.3.6.4. Spain
- 8.3.6.4.1. Key market trends, growth factors and opportunities
- 8.3.6.4.2. Market size and forecast, by Component
- 8.3.6.4.3. Market size and forecast, by Deployment
- 8.3.6.4.4. Market size and forecast, by Enterprise Size
- 8.3.6.4.5. Market size and forecast, by End Use
- 8.3.6.5. Italy
- 8.3.6.5.1. Key market trends, growth factors and opportunities
- 8.3.6.5.2. Market size and forecast, by Component
- 8.3.6.5.3. Market size and forecast, by Deployment
- 8.3.6.5.4. Market size and forecast, by Enterprise Size
- 8.3.6.5.5. Market size and forecast, by End Use
- 8.3.6.6. Rest of Europe
- 8.3.6.6.1. Key market trends, growth factors and opportunities
- 8.3.6.6.2. Market size and forecast, by Component
- 8.3.6.6.3. Market size and forecast, by Deployment
- 8.3.6.6.4. Market size and forecast, by Enterprise Size
- 8.3.6.6.5. Market size and forecast, by End Use
- 8.4. Asia-Pacific
- 8.4.1. Key trends and opportunities
- 8.4.2. Market size and forecast, by Component
- 8.4.3. Market size and forecast, by Deployment
- 8.4.4. Market size and forecast, by Enterprise Size
- 8.4.5. Market size and forecast, by End Use
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Key market trends, growth factors and opportunities
- 8.4.6.1.2. Market size and forecast, by Component
- 8.4.6.1.3. Market size and forecast, by Deployment
- 8.4.6.1.4. Market size and forecast, by Enterprise Size
- 8.4.6.1.5. Market size and forecast, by End Use
- 8.4.6.2. India
- 8.4.6.2.1. Key market trends, growth factors and opportunities
- 8.4.6.2.2. Market size and forecast, by Component
- 8.4.6.2.3. Market size and forecast, by Deployment
- 8.4.6.2.4. Market size and forecast, by Enterprise Size
- 8.4.6.2.5. Market size and forecast, by End Use
- 8.4.6.3. Japan
- 8.4.6.3.1. Key market trends, growth factors and opportunities
- 8.4.6.3.2. Market size and forecast, by Component
- 8.4.6.3.3. Market size and forecast, by Deployment
- 8.4.6.3.4. Market size and forecast, by Enterprise Size
- 8.4.6.3.5. Market size and forecast, by End Use
- 8.4.6.4. South Korea
- 8.4.6.4.1. Key market trends, growth factors and opportunities
- 8.4.6.4.2. Market size and forecast, by Component
- 8.4.6.4.3. Market size and forecast, by Deployment
- 8.4.6.4.4. Market size and forecast, by Enterprise Size
- 8.4.6.4.5. Market size and forecast, by End Use
- 8.4.6.5. Australia
- 8.4.6.5.1. Key market trends, growth factors and opportunities
- 8.4.6.5.2. Market size and forecast, by Component
- 8.4.6.5.3. Market size and forecast, by Deployment
- 8.4.6.5.4. Market size and forecast, by Enterprise Size
- 8.4.6.5.5. Market size and forecast, by End Use
- 8.4.6.6. Rest of Asia-Pacific
- 8.4.6.6.1. Key market trends, growth factors and opportunities
- 8.4.6.6.2. Market size and forecast, by Component
- 8.4.6.6.3. Market size and forecast, by Deployment
- 8.4.6.6.4. Market size and forecast, by Enterprise Size
- 8.4.6.6.5. Market size and forecast, by End Use
- 8.5. LAMEA
- 8.5.1. Key trends and opportunities
- 8.5.2. Market size and forecast, by Component
- 8.5.3. Market size and forecast, by Deployment
- 8.5.4. Market size and forecast, by Enterprise Size
- 8.5.5. Market size and forecast, by End Use
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Brazil
- 8.5.6.1.1. Key market trends, growth factors and opportunities
- 8.5.6.1.2. Market size and forecast, by Component
- 8.5.6.1.3. Market size and forecast, by Deployment
- 8.5.6.1.4. Market size and forecast, by Enterprise Size
- 8.5.6.1.5. Market size and forecast, by End Use
- 8.5.6.2. Saudi Arabia
- 8.5.6.2.1. Key market trends, growth factors and opportunities
- 8.5.6.2.2. Market size and forecast, by Component
- 8.5.6.2.3. Market size and forecast, by Deployment
- 8.5.6.2.4. Market size and forecast, by Enterprise Size
- 8.5.6.2.5. Market size and forecast, by End Use
- 8.5.6.3. UAE
- 8.5.6.3.1. Key market trends, growth factors and opportunities
- 8.5.6.3.2. Market size and forecast, by Component
- 8.5.6.3.3. Market size and forecast, by Deployment
- 8.5.6.3.4. Market size and forecast, by Enterprise Size
- 8.5.6.3.5. Market size and forecast, by End Use
- 8.5.6.4. South Africa
- 8.5.6.4.1. Key market trends, growth factors and opportunities
- 8.5.6.4.2. Market size and forecast, by Component
- 8.5.6.4.3. Market size and forecast, by Deployment
- 8.5.6.4.4. Market size and forecast, by Enterprise Size
- 8.5.6.4.5. Market size and forecast, by End Use
- 8.5.6.5. Rest of LAMEA
- 8.5.6.5.1. Key market trends, growth factors and opportunities
- 8.5.6.5.2. Market size and forecast, by Component
- 8.5.6.5.3. Market size and forecast, by Deployment
- 8.5.6.5.4. Market size and forecast, by Enterprise Size
- 8.5.6.5.5. Market size and forecast, by End Use
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Top player positioning, 2021
CHAPTER 10: COMPANY PROFILES
- 10.1. Johnson Controls
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
- 10.2. CyberArk
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
- 10.3. IBM
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
- 10.4. Oracle
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
- 10.5. Hitachi
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
- 10.6. Micro Focus
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
- 10.7. Fiserv
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
- 10.8. Symantec
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
- 10.9. Microsoft
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
- 10.10. Multicert
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot
- 10.11. keeper security, inc.
- 10.11.1. Company overview
- 10.11.2. Key Executives
- 10.11.3. Company snapshot