Market Research Report
Global Board Portal Market (2020 Edition) - Analysis By Penetration Rate, Delivery Model (Saas, Hosted, In-House), End-User, By Region, By Country: Market Insight, Competition and Forecast (2021-2025)
|Published by||Azoth Analytics||Product code||923531|
|Published||Content info||240 Pages
Delivery time: 2-3 business days
|Global Board Portal Market (2020 Edition) - Analysis By Penetration Rate, Delivery Model (Saas, Hosted, In-House), End-User, By Region, By Country: Market Insight, Competition and Forecast (2021-2025)|
|Published: January 31, 2020||Content info: 240 Pages||
The Global Board Portal Market, valued at USD 1.28 billion in the year 2019 has been witnessing unprecedented growth in the last few years on the back of increasing penetration of the technology in diverse industries. Board management or board portal is a collaborative tool that is utilized by corporates to plan progress, make timely decisions, and stay organized. Increasing data breaches and the need for secure data transmission among the board members is one of the major reasons behind the increasing level of penetration of board portals in companies. Additionally, with globalization & growing mobility, the demand for secure, fast, and efficient board communication and data sharing requirement has increased considerably.
Among the delivery models in the board portal industry (Saas Model, Hosted Model, In-House Model), SaaS Model has been gaining popularity among various end-user segments and is expected to keep major market share in the forecast period on the back of higher security measures in the model and lower incurred initial and continuation cost for the customers. The SaaS solutions also enable enterprises to generate industry-specific customer data and intelligence.
The North American market is expected to lead the global market throughout the forecasted period. Because of the advanced infrastructure and telecommunications in the region, the cloud-based enterprise End-User is witnessing a large-scale adoption. Additionally, the presence of major players in the region focused on new product launches is expected to infuse market growth tremendously.