Digital Vault Market Size Expands as Confidential Data Protection Becomes Paramount | Estimated to Cross USD 2.9 Billion by 2031

The digital vault market, which was valued at $743.80 million in 2021, is anticipated to rise at a CAGR of 14.2% from 2022 to 2031, reaching $2.9 billion. In order to store, share, and send files safely, organizations and enterprises can use digital vaults, which are secure online platforms that provide encrypted online storage choices. …

Digital Vault Market is Booming Globally with Top Key Players By 2022-2029

Growing compliance and regulations to protect sensitive data such as digital credentials and passwords of end user is a driver for the digital vault market. Rising concern for protecting data generated from connected devices is boosting the growth of digital vault market. However, lack of awareness about data security measures is hindering the growth of …