Board portal market is driven by surging demand of improving IT infrastructure services in the sectors like healthcare and education combined with the need for improving governance structure and measures to implement safe and secure way of communicating information among the board members, directors and top level management. Moreover the increasing awareness of top level management in private sector enterprises toward the adoption of the digitized services and sources in order to safeguard the shareholders rights and trust has accelerated the demand of board portals among top level management of personnel from industries like financial services, healthcare, education, public sector and private sector enterprises.
According to the recently published Azoth Analytics report “Global Board Portal Market Insights and Analysis: Technology, Sizing, Growth and Demand Forecasts to 2021 (By Value, By Number of Users, By Market Penetration, By Delivery Models, By Industry Verticals, By Region, Key Players, Recommendations)”, Global Board Portal Market in terms of value grew at a CAGR of approximately 37.50% during 2011-2015. It is anticipated to grow at a CAGR of 44.80% during the year 2016E-2021F on account of the embracing transparency in the system, improving IT infrastructure, reducing data beaches and stolen records, implementing new measures of data transmission and handling as businesses expands regionally or locally.
With the industry witnessing significant growth rate, it is anticipated that the Board Portal market will exhibit higher growth in the forecast period as well. In terms of regional analysis, North America is expected to achieve maximum penetration followed by Europe and Asia Pacific with huge growth opportunities in the private sector of UK, France and Germany. Additionally the board portal market is expected to witness increased penetration in the emerging countries like South Korea, Australia, China, Japan and India as well.
The report titled “Global Board Portal Market Insights and Analysis: Technology, Sizing, Growth and Demand Forecasts to 2021 (By Value, By Number of Users, By Market Penetration, By Delivery Models, By Industry Verticals, By Region, Key Players, Recommendations)” has analysed the potential of Global Board Portal Market and provides statistics and information on market size in terms of market penetration and market value and trends. The report intends to provide cutting-edge market intelligence. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Board Portal Market.
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