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Digital Vault Market by Component (Solutions and Services), Services (Consulting, Design and Implementation, Support and Maintenance, and Managed Services), Organization Size, Industry, and Region - Global Forecast to 2023

Digital Vault Market by Component (Solutions and Services), Services (Consulting, Design and Implementation, Support and Maintenance, and Managed Services), Organization Size, Industry, and Region - Global Forecast to 2023

The global digital vault market size to grow at a CAGR of 13.6% during the forecast period
The digital vault market size is expected to grow approximately from USD 471 million in 2018 to USD 892 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period. The increasing regulations and compliances to protect sensitive data, and rising concerns for protecting data from connected devices are the major factors driving the digital vault market. However, the challenge of diversified IT ecosystem leading to complex deployment of digital vault software could restrain the market growth.

Design and implementation services segment to grow at the highest CAGR during the forecast period
Designing and implementing a comprehensive and robust security framework is one of the basic and most important steps of protecting an infrastructure from physical as well as security attacks. These data security systems are designed according to the standards and compliances set by government bodies and organizations. Designing a data or information security architecture requires network mapping and the blueprint of the entire system. This could be achieved by identifying network assets; analyzing security risks; developing security plans and policies; and training, implementing, and maintaining security. Design and implementation also includes integration of digital vault solutions with organizations’ IT ecosystem.

North America to hold the largest market size and and APAC to grow at the highest CAGR during the forecast period
North America is the leading region in the global digital vault market. The region has developed economies (the US and Canada), which give it an upper hand over other regions in terms of utilization of highly secured platform for storing data gathered from vital sources. The region is poised to provide immense growth opportunities for digital vault vendors due to the increasing demand for secured repository for long-term storage of critical information. The financial sector needs to be preventive than responsive for securing the information related to customers and enterprises. Banks and financial institutions are indulged in continuous business operations in which important documents need to be stored. The US and Canada are at the forefront, as they increasingly invest in R&D activities, thereby contributing to the development of innovative technologies.

APAC constitutes of major economies, such as Singapore, South Korea, Japan, China, India, and Australia. Large enterprises and SMEs in APAC countries are realizing the significance of data security and are receptive toward adopting dedicated encryption solutions to protect their critical and sensitive business data from commercial infiltration, cyber threats, and misuse of data for monetary gains by computer hackers. The developed countries in APAC, such as Australia, Japan, and Singapore, have largely considered data security software that are compliant with regulations regarding encryption and implementation of these solutions to cater to the unparalleled data security needs for businesses.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the digital vault marketplace.

By Company type: Tier 1: 70%, Tier 2: 25%, and Tier 3: 5%
By Designation: C-level executives: 45%, Directors: 35%, and Others: 20%
By Region: North America: 17%, Europe: 42%, APAC: 25%, South America: 8%, and Middle East and Africa: 8%

Major vendors in the digital vault market include Johnson Controls (Ireland), CyberArk (US), IBM (US), Oracle (US), Hitachi (Japan), Microfocus (UK), Fiserv (US), Symantec (US), Microsoft (US), Multicert (Portugal), Keeper Security (US), Accruit (US), DSwiss (Switzerland), Safe4 (UK), TokenEx (US), Logic Choice (US), Eclypses (US), Harshicorp (US), Insoft Software (Germany), DaxTech IT Solutions (Canada), eOriginal (US), LexTrado (South Africa), OPSWAT (US), FutureVault (Canada), and ENC Security (Netherlands).

Research Coverage:
The report includes an in-depth competitive analysis of key players in the global digital vault market, along with their company profiles, recent developments, and key market strategies. The report segments the global digital vault market by component (solutions and services), services, organization size, industry, and region.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in the digital vault market with information on the closest approximations of the revenue numbers for the overall digital vault market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • DIGITAL VAULT MARKET: MARKET SEGMENTATION
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY CONSIDERED
      • Table UNITED STATES DOLLAR EXCHANGE RATE, 2015–2017
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET BREAKUP AND DATA TRIANGULATION
    • MARKET FORECAST
      • Table FACTOR ANALYSIS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • ASSUMPTIONS FOR THE STUDY
    • LIMITATIONS OF THE STUDY
  • EXECUTIVE SUMMARY
    • Table DIGITAL VAULT MARKET SIZE AND GROWTH RATE, 2018–2023 (USD MILLION, Y-O-Y %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE DIGITAL VAULT MARKET
    • DIGITAL VAULT MARKET: TOP 3 INDUSTRIES AND REGIONS
    • DIGITAL VAULT MARKET, BY REGION
    • DIGITAL VAULT MARKET: INVESTMENT SCENARIO
  • MARKET OVERVIEW
    • INTRODUCTION
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • DIGITAL VAULT MARKET, BY COMPONENT
    • INTRODUCTION
      • Table DIGITAL VAULT MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
    • SOLUTIONS
      • Table SOLUTIONS: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
      • IDENTITY AND ACCESS MANAGEMENT
      • DATA LOSS PREVENTION
      • DIGITAL ASSET MANAGEMENT
      • PRIVILEGED ACCOUNT MANAGEMENT
    • SERVICES
      • Table SERVICES: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • DIGITAL VAULT MARKET, BY SERVICE
    • INTRODUCTION
      • Table DIGITAL VAULT MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
    • CONSULTING
      • CRITICAL NEED FOR ACHIEVING BUSINESS OBJECTIVES TO INCREASE THE DEMAND FOR CONSULTING SERVICES
        • Table CONSULTING: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • DESIGN AND IMPLEMENTATION
      • NEED FOR INTEGRATION OF DIGITAL VAULT WITH ORGANIZATIONS' IT ECOSYSTEM TO FUEL THE GROWTH OF DESIGN AND IMPLEMENTATION SERVICES
        • Table DESIGN AND IMPLEMENTATION: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SUPPORT AND MAINTENANCE
      • NEED FOR SEAMLESS PERFORMANCE OF SOFTWARE SOLUTIONS TO INCREASE THE DEMAND FOR SUPPORT AND MAINTENANCE SERVICES
        • Table SUPPORT AND MAINTENANCE: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • MANAGED SERVICES
      • INCREASING ADOPTION OF HIGH-END TECHNOLOGIES TO INCREASE THE DEMAND FOR MANAGED SERVICES
        • Table MANAGED SERVICES: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • DIGITAL VAULT MARKET, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table DIGITAL VAULT MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
    • LARGE ENTERPRISES
      • INCREASING SOPHISTICATED CYBER-ATTACKS TO FUEL THE GROWTH OF DIGITAL VAULT SOFTWARE IN LARGE ENTERPRISES
        • Table LARGE ENTERPRISES: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISES
      • CRITICAL NEED FOR SECURING THE CONFIDENTIAL INFORMATION TO INCREASE THE DEMAND FOR DIGITAL VAULT SOLUTIONS IN SMES
        • Table SMALL AND MEDIUM-SIZED ENTERPRISES: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • DIGITAL VAULT MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table DIGITAL VAULT MARKET SIZE: BY INDUSTRY, 2016–2023 (USD MILLION)
    • BFSI
      • INCREASING CYBER THREATS AND CONCERN OF PROTECTIVE SENSITIVE FINANCIAL DATA TO DRIVE THE GROWTH OF DIGITAL VAULT IN THE BFSI INDUSTRY
        • Table BFSI: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • GOVERNMENT
      • INCREASING DATA STORAGE AND LACK OF DATA SECURITY IN GOVERNMENT TO FUEL THE GROWTH OF THE DIGITAL VAULT MARKET IN THE GOVERNMENT INDUSTRY
        • Table GOVERNMENT: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • IT AND TELECOMMUNICATIONS
      • CONCERN OF PROTECTING DATA GENERATED FROM NEW TECHNOLOGIES TO INCREASE THE DEMAND FOR DIGITAL VAULT SOFTWARE IN THE IT AND TELECOMMUNICATIONS INDUSTRY
        • Table IT AND TELECOMMUNICATIONS: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • REAL ESTATE
      • INCREASING CONCERNS FOR PROTECTING DATA OF LEASE AND CONTRACT MANAGEMENT TO FUEL THE GROWTH OF THE DIGITAL VAULT MARKET IN THE REAL ESTATE INDUSTRY
        • Table REAL ESTATE: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • DEFENSE
      • RISING THREATS AND ATTACKS TO INCREASE THE DEMAND FOR DIGITAL VAULT SOFTWARE IN THE DEFENSE INDUSTRY
        • Table DEFENSE: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • DIGITAL VAULT MARKET, BY REGION
    • INTRODUCTION
      • Table DIGITAL VAULT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: DIGITAL VAULT MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: DIGITAL VAULT MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: DIGITAL VAULT MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: DIGITAL VAULT MARKET SIZE, BY INDUSTRY, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: DIGITAL VAULT MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • UNITED STATES
      • CANADA
    • EUROPE
      • Table EUROPE: DIGITAL VAULT MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table EUROPE: DIGITAL VAULT MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
      • Table EUROPE: DIGITAL VAULT MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • Table EUROPE: DIGITAL VAULT MARKET SIZE, BY INDUSTRY, 2016–2023 (USD MILLION)
      • Table EUROPE: DIGITAL VAULT MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • REST OF EUROPE
    • ASIA PACIFIC
      • Table ASIA PACIFIC: DIGITAL VAULT MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: DIGITAL VAULT MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: DIGITAL VAULT MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: DIGITAL VAULT MARKET SIZE, BY INDUSTRY, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: DIGITAL VAULT MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • CHINA
      • AUSTRALIA
      • INDIA
      • REST OF ASIA PACIFIC
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: DIGITAL VAULT MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DIGITAL VAULT MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DIGITAL VAULT MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DIGITAL VAULT MARKET SIZE, BY INDUSTRY, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DIGITAL VAULT MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • UNITED ARAB EMIRATES
      • SOUTH AFRICA
    • LATIN AMERICA
      • Table LATIN AMERICA: DIGITAL VAULT MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: DIGITAL VAULT MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: DIGITAL VAULT MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: DIGITAL VAULT MARKET SIZE, BY INDUSTRY, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: DIGITAL VAULT MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • BRAZIL
      • MEXICO
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES AND ENHANCEMENTS
        • Table NEW PRODUCT LAUNCHES AND ENHANCEMENTS, 2014–2018
      • PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS
        • Table PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS, 2016–2017
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2016-2018
  • COMPANY PROFILES
    • JOHNSON CONTROLS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • CYBERARK
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • IBM
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ORACLE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HITACHI
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • MICRO FOCUS
      • BUSINESS OVERVIEW
    • FISERV
      • BUSINESS OVERVIEW
    • SYMANTEC
      • BUSINESS OVERVIEW
    • MICROSOFT
      • BUSINESS OVERVIEW
    • MULTICERT
      • BUSINESS OVERVIEW
    • KEEPER SECURITY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ACCRUIT
      • BUSINESS OVERVIEW
    • DSWISS
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SAFE4
      • BUSINESS OVERVIEW
    • TOKENEX
    • LOGIC CHOICE
    • ECLYPSES
    • HARSHICORP
    • INSOFT INFOTEL SOLUTIONS
    • DAXTECH IT SOLUTIONS
    • EORGINAL
    • LEXTRADO
    • OPSWAT
    • FUTUREVAULT
    • ENC SECURITY
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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