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Global Digital Vault Market Overview and Forecast 2019 By IBM Corporation, Microsoft, Johnson Controls, CyberArk Software Ltd., Hitachi, Ltd., Micro Focus, Fiserv& Others

The digital vault market report gives an in-depth idea about the global market. It highlights the recent market scenario, growth in the past few years and opportunities present for manufacturers in the future. In this research for the completion of both primary and secondary details, methods and tools are used.  Digital vault market report is segmented based on various parameters. An in-depth regional classification of the market is also included herein. The factors which are impacting the market’s growth are studied in detail. This report also presents a round-up of vulnerabilities which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period.

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The report provides information on the technological advancements that are bound to take place in the coming years or are currently taking place in the market.  Furthermore, the opportunities and threats faced by the main player’s dominant in the Global market have been highlighted. This digital vault report covers the market from the bottom line, starting from its definition. Later, it segments the market on various criteria to give a depth of understanding on the various product types and pricing structures and applications.

Major Market Competitors/Players: Global Digital Vault Market

Few of the major competitors currently working in digital vault market are IBM Corporation, Microsoft, Johnson Controls, CyberArk Software Ltd., Hitachi, Ltd., Micro Focus, Fiserv, Inc., Multicert, Symantec Corporation, Oracle, Keeper Security, Inc., Accruit, LLC, DSwiss AG, Safe4 Information Management Limited, Logic Choice Technologies, Eclypses Inc., HashiCorp, Daxtech, eOriginal, Inc. and Lextrado Legal Exchange.

Market Analysis: Global Digital Vault Market

Global Digital Vault Market is driven by increasing trend for cloud storage for data, which is projecting a rise in estimated value from USD 478.35 million in 2018 to an estimated value of USD 1354.04 million by 2026, registering a CAGR of 13.89% in the forecast period of 2019-2026.

.Market Drivers:

Rise in demand for stringent compliances & rules to protect the highly sensitive data within the enterprise across the globe.

Increasing concern for securing the data which is being generated through connected devices.

Market Restraints:

Lack of technical expertise & awareness of technology in many countries limits the increasing demand for digital vault

Unauthorized access to the vault leads to data loss for the concerned person also.

Segmentation: Global Digital Vault Market

By Component

Solutions

Identity and Access Management

Data Loss Prevention

Digital Asset Management

Privileged Account Management

Services

By Service

Consulting

Design and Implementation

Support and Maintenance

Managed Services

By Organization Size

Large Enterprises

Small and Medium-Sized Enterprises

By Industry

BFSI

Government

IT and Telecommunications

Real Estate

Defence

Others

By Geography

North America

US

Canada

Mexico

South America

Brazil

Argentina

Rest of South America

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Turkey

Belgium

Netherlands

Switzerland

Rest of Europe

Asia-Pacific

Japan

China

South Korea

India

Australia

Singapore

Malaysia

Indonesia

Thailand

Philippines

Rest of Asia-Pacific

Middle East and Africa

South Africa

Egypt

Saudi Arabia

United Arab Emirates

Israel

Rest of Middle East and Africa

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Key Developments in the Market

In January 2019, Digital asset vault solution & custodian has been launched by GMEX technologies. It has been developed to fulfil the demand of institutional investor.

In July 2018, World’s first decentralized digital vault had been launched by digipulse. Digipulse can be used as digital asset inheritance platform which enables the person to transfer their digital asset to the eligible intended individual.

Competitive Analysis: Global Digital Vault Market

Global digital vault market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of digital vault market global, Europe, North America, Asia Pacific and South America.

Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints

Key Market players involved in this industry

Detailed analysis of the Market Segmentation

Competitive analysis of the key players involved

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