Top 10 Companies in Digital Vaults Market
Added: (Wed Dec 06 2023)
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The Digital Vaults Market is set to grow exponentially, projected to reach $2.77 billion by 2030 at a CAGR of 14.4%, according to Meticulous Research. Factors driving this growth include increasing data protection regulations, rising data breaches, and the imperative need to secure data from connected devices.
The Top 10 Companies in the Digital Vaults Market: https://meticulousblog.org/top-10-companies-in-digital-vaults-market/
Microsoft Corporation: Offers secure digital vault solutions integrating with Azure services.
IBM Corporation: Provides security offerings including threat management and data security.
Oracle Corporation: Offers Oracle Database Vault and Oracle Key Vault for data security.
Fiserv, Inc.: Provides data Vaulting solutions for data protection and regulatory compliance.
Google LLC: Offers Google Vault for retaining and exporting organizational data.
Veritas Technologies LLC: Provides Enterprise Vault with AI-powered anomaly detection.
HashiCorp, Inc.: Offers Vault for authenticating and authorizing access to secrets.
CyberArk Software Ltd.: Focuses on privileged access management solutions using secure digital vaults.
FutureVault Inc.: Provides white label digital vault solutions for managing and delivering client documents.
Hitachi Vantara LLC: Offers digital asset vault solutions for regulatory compliance and data management.
The market's growth is further propelled by the increasing digitalization of businesses and the use of digital vaults in the BFSI sector.
However, challenges such as high costs and alternative cybersecurity solutions hinder market expansion. Cloud-based security solutions are witnessing growing adoption as a notable trend in this market.
Recent financial performances
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