Digital Vault Market growth outlook with industry review and forecasts till 2025

1
Digital Vault Market revenue is set to grow
substantially between 2019 to 2025 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Digital Vault Market

• North America holds the largest share in the
  digital vault market. The increasing number of
  cyber-attacks and data theft cases in the region
  foster the market. Over the past five years, the
  incidences of the cyber-attacks have increased
  significantly. U.S. has witnessed approximately
  130 large scale data breach cases in 2017 and the
  number is increasingly rapidly with the annual
  growth rate of 27.
• According to Cisco, more than 31 of the
  organization has witnessed cyber-attacks in U.S.,
  and the number is further estimated to increase
  during the forecast period. This is forcing
  organization to spend more on the cyber-security
  infrastructure to protect their data and mitigate
  the risk of cyber threats.

3
Application Analysis of Digital Vault Market

• Digital Vault Market growth is driven by using in
  the BFSI, It telecom, defense, real estate,
  government public sector and others. BFSI is
  estimated to be one of the major end-users of the
  digital vault solutions. The increasing
  digitalization of the banking services and the
  rapid automation of the banking operation is the
  primary factor driving the market growth.
  Furthermore, the high risk of data theft and
  cyber-attacks among the BFSI sector also augments
  the demand for the digital vault solutions.
• IT telecom also holds significant share in the
  digital vault industry. The growing digital data
  in the IT sector and the rising need to protect
  these data is propelling the market. Défense
  government sector is projected to grow
  significantly during the forecast period. The
  increasing incidences of the cyber-attacks and
  data theft is driving the adoption in the sector.

4
Competitive Market Share of Digital Vault
Market

• The major key players in the digital vault market
  include IBM, Oracle, Hitache, Microsoft,
  Multicert, Johnsons, Microfocus, Fiserv, Safe4,
  Dswiss, TokenEx, Accruit, OPSWAT, FutureVault,
  ENC security, Daxtech IT Solutions, eOrignals,
  LexTrado, Symantec, Safe4 Information management,
  Logic Choice, Tokenex, Cyber Arks and others.
  The vendors are leveraging on the product
  development and innovation strategies to expand
  the product portfolio and gain market share.
• For Instance, in 2018, IBM launched its new
  e-vault solution that is equipped with wide range
  of technology and innovation. Similarly, CyberArk
  introduced its new CyberArk Privilege Cloud,
  which provides the service of security access in
  June 2018.

5

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6
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