The Latin America, Middle East and Africa Digital Vault Market would witness market growth of 18.6% CAGR during the forecast period (2022-2028).
The businesses are continually expanding their presence by implementing various technical advancements and engaging in various competitive strategies, such as merging, collaborating, and acquiring other businesses. To maintain their competitive edge in the ever-increasing market environment, businesses also make substantial investments in research and development. For example, Digital Vault Services GmbH (DVS) and Trinity Management Systems GmbH (Trinity) made an announcement of their intention to collaborate in February of 2022.
Trinity and DVS have formed a partnership in order to integrate the Trinity Treasury Management System (TMS) with Guarantee Vault, which is a central registry for digital guarantees and sureties. Through the use of Guarantee Vault, Trinity's clients will have the ability to easily request and manage their digital guarantees from inside their TMS.
The Federal Personal Data Protection (PDP) Legislation was introduced in the United Arab Emirates (UAE) on January 2, 2022. This is a new law that offers a legal framework to safeguard the safety and privacy of personal information. The purpose of the Personal Data Protection Law (PDP Law) is to transform the way businesses respond to data security and privacy standards while also protecting and enhancing the data privacy rights of UAE citizens and residents. Enterprises (as the data controllers) and the suppliers of those businesses (as the data processors) are obliged to show compliance with the UAE PDP Law. Due to the fact that all of these factors indicate that there is a need for a Digital Vault in every business, the demand for the Digital Vault Market is developing in LAMEA.
The Brazil market dominated the LAMEA Digital Vault Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $28.3 million by 2028. The Argentina market is experiencing a CAGR of 19.2% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 18.2% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on End Use, the market is segmented into BFSI, Healthcare, Manufacturing, Government, IT & Telecom, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Digital Vault Market is Projected to reach USD 1.7 Billion by 2028, at a CAGR of 14.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, CyberArk Software Ltd., IBM Corporation, Oracle Corporation, Hitachi, Ltd., Micro Focus International PLC, Fiserv, Inc., Broadcom, Inc. (Symantec Corporation), Microsoft Corporation, and TokenEx, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Deployment Type
By Organization Size
By End Use
- BFSI
- Healthcare
- Manufacturing
- Government
- IT & Telecom
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Johnson Controls International PLC
- CyberArk Software Ltd.
- IBM Corporation
- Oracle Corporation
- Hitachi, Ltd.
- Micro Focus International PLC
- Fiserv, Inc.
- Broadcom, Inc. (Symantec Corporation)
- Microsoft Corporation
- TokenEx, Inc.
TABLE 1 LAMEA Digital Vault Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Digital Vault Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Digital Vault Market by Component, 2018 - 2021, USD Million
TABLE 4 LAMEA Digital Vault Market by Component, 2022 - 2028, USD Million
TABLE 5 LAMEA Solution Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Solution Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Digital Vault Market by Deployment Type, 2018 - 2021, USD Million
TABLE 10 LAMEA Digital Vault Market by Deployment Type, 2022 - 2028, USD Million
TABLE 11 LAMEA Cloud Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Cloud Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA On-premise Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA On-premise Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Digital Vault Market by Organization Size, 2018 - 2021, USD Million
TABLE 16 LAMEA Digital Vault Market by Organization Size, 2022 - 2028, USD Million
TABLE 17 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA SMEs Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA SMEs Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Digital Vault Market by End Use, 2018 - 2021, USD Million
TABLE 22 LAMEA Digital Vault Market by End Use, 2022 - 2028, USD Million
TABLE 23 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Government Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Government Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Digital Vault Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Digital Vault Market by Country, 2022 - 2028, USD Million
TABLE 37 Brazil Digital Vault Market, 2018 - 2021, USD Million
TABLE 38 Brazil Digital Vault Market, 2022 - 2028, USD Million
TABLE 39 Brazil Digital Vault Market by Component, 2018 - 2021, USD Million
TABLE 40 Brazil Digital Vault Market by Component, 2022 - 2028, USD Million
TABLE 41 Brazil Digital Vault Market by Deployment Type, 2018 - 2021, USD Million
TABLE 42 Brazil Digital Vault Market by Deployment Type, 2022 - 2028, USD Million
TABLE 43 Brazil Digital Vault Market by Organization Size, 2018 - 2021, USD Million
TABLE 44 Brazil Digital Vault Market by Organization Size, 2022 - 2028, USD Million
TABLE 45 Brazil Digital Vault Market by End Use, 2018 - 2021, USD Million
TABLE 46 Brazil Digital Vault Market by End Use, 2022 - 2028, USD Million
TABLE 47 Argentina Digital Vault Market, 2018 - 2021, USD Million
TABLE 48 Argentina Digital Vault Market, 2022 - 2028, USD Million
TABLE 49 Argentina Digital Vault Market by Component, 2018 - 2021, USD Million
TABLE 50 Argentina Digital Vault Market by Component, 2022 - 2028, USD Million
TABLE 51 Argentina Digital Vault Market by Deployment Type, 2018 - 2021, USD Million
TABLE 52 Argentina Digital Vault Market by Deployment Type, 2022 - 2028, USD Million
TABLE 53 Argentina Digital Vault Market by Organization Size, 2018 - 2021, USD Million
TABLE 54 Argentina Digital Vault Market by Organization Size, 2022 - 2028, USD Million
TABLE 55 Argentina Digital Vault Market by End Use, 2018 - 2021, USD Million
TABLE 56 Argentina Digital Vault Market by End Use, 2022 - 2028, USD Million
TABLE 57 UAE Digital Vault Market, 2018 - 2021, USD Million
TABLE 58 UAE Digital Vault Market, 2022 - 2028, USD Million
TABLE 59 UAE Digital Vault Market by Component, 2018 - 2021, USD Million
TABLE 60 UAE Digital Vault Market by Component, 2022 - 2028, USD Million
TABLE 61 UAE Digital Vault Market by Deployment Type, 2018 - 2021, USD Million
TABLE 62 UAE Digital Vault Market by Deployment Type, 2022 - 2028, USD Million
TABLE 63 UAE Digital Vault Market by Organization Size, 2018 - 2021, USD Million
TABLE 64 UAE Digital Vault Market by Organization Size, 2022 - 2028, USD Million
TABLE 65 UAE Digital Vault Market by End Use, 2018 - 2021, USD Million
TABLE 66 UAE Digital Vault Market by End Use, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Digital Vault Market, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Digital Vault Market, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Digital Vault Market by Component, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Digital Vault Market by Component, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Digital Vault Market by Deployment Type, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Digital Vault Market by Deployment Type, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Digital Vault Market by Organization Size, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Digital Vault Market by Organization Size, 2022 - 2028, USD Million
TABLE 75 Saudi Arabia Digital Vault Market by End Use, 2018 - 2021, USD Million
TABLE 76 Saudi Arabia Digital Vault Market by End Use, 2022 - 2028, USD Million
TABLE 77 South Africa Digital Vault Market, 2018 - 2021, USD Million
TABLE 78 South Africa Digital Vault Market, 2022 - 2028, USD Million
TABLE 79 South Africa Digital Vault Market by Component, 2018 - 2021, USD Million
TABLE 80 South Africa Digital Vault Market by Component, 2022 - 2028, USD Million
TABLE 81 South Africa Digital Vault Market by Deployment Type, 2018 - 2021, USD Million
TABLE 82 South Africa Digital Vault Market by Deployment Type, 2022 - 2028, USD Million
TABLE 83 South Africa Digital Vault Market by Organization Size, 2018 - 2021, USD Million
TABLE 84 South Africa Digital Vault Market by Organization Size, 2022 - 2028, USD Million
TABLE 85 South Africa Digital Vault Market by End Use, 2018 - 2021, USD Million
TABLE 86 South Africa Digital Vault Market by End Use, 2022 - 2028, USD Million
TABLE 87 Nigeria Digital Vault Market, 2018 - 2021, USD Million
TABLE 88 Nigeria Digital Vault Market, 2022 - 2028, USD Million
TABLE 89 Nigeria Digital Vault Market by Component, 2018 - 2021, USD Million
TABLE 90 Nigeria Digital Vault Market by Component, 2022 - 2028, USD Million
TABLE 91 Nigeria Digital Vault Market by Deployment Type, 2018 - 2021, USD Million
TABLE 92 Nigeria Digital Vault Market by Deployment Type, 2022 - 2028, USD Million
TABLE 93 Nigeria Digital Vault Market by Organization Size, 2018 - 2021, USD Million
TABLE 94 Nigeria Digital Vault Market by Organization Size, 2022 - 2028, USD Million
TABLE 95 Nigeria Digital Vault Market by End Use, 2018 - 2021, USD Million
TABLE 96 Nigeria Digital Vault Market by End Use, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Digital Vault Market, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA Digital Vault Market, 2022 - 2028, USD Million
TABLE 99 Rest of LAMEA Digital Vault Market by Component, 2018 - 2021, USD Million
TABLE 100 Rest of LAMEA Digital Vault Market by Component, 2022 - 2028, USD Million
TABLE 101 Rest of LAMEA Digital Vault Market by Deployment Type, 2018 - 2021, USD Million
TABLE 102 Rest of LAMEA Digital Vault Market by Deployment Type, 2022 - 2028, USD Million
TABLE 103 Rest of LAMEA Digital Vault Market by Organization Size, 2018 - 2021, USD Million
TABLE 104 Rest of LAMEA Digital Vault Market by Organization Size, 2022 - 2028, USD Million
TABLE 105 Rest of LAMEA Digital Vault Market by End Use, 2018 - 2021, USD Million
TABLE 106 Rest of LAMEA Digital Vault Market by End Use, 2022 - 2028, USD Million
TABLE 107 Key Information –Fiserv, Inc.
TABLE 108 Key Information – Broadcom, Inc.
TABLE 109 Key Information – Oracle Corporation
TABLE 110 Key information – IBM Corporation
TABLE 111 key information – Microsoft Corporation
TABLE 112 Key Information – Johnson Controls International PLC
TABLE 113 Key Information – CyberArk Software Ltd.
TABLE 114 Key Information – Hitachi, Ltd.
TABLE 115 Key Information – Micro Focus International PLC
TABLE 116 key Information – TokenEx, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Fiserv, Inc.
FIG 3 SWOT Analysis: Broadcom, Inc.
FIG 4 SWOT analysis: Oracle Corporation
FIG 5 Swot analysis: IBM Corporation
FIG 6 SWOT Analysis: Microsoft Corporation