Board Portals Market Size, Share, Development, Growth and Demand Forecast to 2020.pdf
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
GLOBAL INDUSTRY INSIGHT:<br />
<strong>Board</strong> <strong>Portals</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Development</strong>, <strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong><br />
<strong>Forecast</strong> <strong>to</strong> 2020
Global <strong>Board</strong> <strong>Portals</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Development</strong>, <strong>Growth</strong><br />
<strong>and</strong> Dem<strong>and</strong> <strong>Forecast</strong> <strong>to</strong> 2020<br />
Web based portals are quickly becoming one of the popular corporate governance gizmos. The advantages of<br />
board portals such as enhanced board communication with document review capabilities, web conferencing, labor<br />
relation enhancements, easy login, video <strong>and</strong> audio clips sharing capabilities, <strong>and</strong> questionnaires functionalities<br />
has increased the market penetration of board portal in recent years; Moreover, board portal also facilitate<br />
document sharing technology, data encryption, <strong>and</strong> password protection in an organization.<br />
Explore more or request TOC on Global <strong>Board</strong> <strong>Portals</strong> <strong>Market</strong> at: https://www.psmarketresearch.com/marketanalysis/board-portals-market<br />
Growing government regulation <strong>and</strong> increasing board duties are encouraging organization <strong>to</strong> update their board<br />
processes <strong>and</strong> practices. With globalization <strong>and</strong> increasing mobility the dem<strong>and</strong> for fast, secure <strong>and</strong> efficient<br />
board communication <strong>and</strong> data sharing requirement has increased considerably during the past years. The data<br />
security has been a critical issue in the board portal market in the past few years. <strong>Board</strong> portal players with<br />
superior data encryption technology are expected <strong>to</strong> gain higher market share during the forecast period.<br />
Moreover, user friendly algorithm <strong>and</strong> new product development are expected <strong>to</strong> increase the market penetration<br />
of board portal during forecast period.<br />
Increasing vulnerability of cyber security, inefficient risk management capability of board portal, <strong>and</strong> continuously<br />
varying auditing <strong>and</strong> accounting platforms, changing tax environment, <strong>and</strong> issue regarding transition <strong>to</strong> web<br />
portal, are expected <strong>to</strong> be the major hindrances for web portal market during the forecast period. Moreover, lack<br />
of awareness among the end users, unskilled workforce <strong>and</strong> high initial cost of board portal has also been<br />
hindering the widespread adoption of this technology in several service based industries, particularly in the<br />
developing markets of Asia-Pacific <strong>and</strong> South America.<br />
The blue chip companies’ held majority of the board portal market share in 2014. Financial services sec<strong>to</strong>r are by<br />
far the largest end users of board portal services; however in recent years the board portal market has moved<br />
beyond catering <strong>to</strong> its traditional end users <strong>to</strong> include medium <strong>and</strong> large sized manufacturing <strong>and</strong> IT services<br />
industries. The board portal services are expected <strong>to</strong> witness considerable growth in IT services sec<strong>to</strong>r <strong>and</strong><br />
healthcare industries in developing market of Asia-Pacific region during the forecast period.<br />
Based on delivery models the global board portal market can be broadly classified as, SaaS model, hosted<br />
model, <strong>and</strong> enterprise software licensing model. On the basis of delivery mode the global board portal market can<br />
be further classified as web based <strong>to</strong>ol, iPad, <strong>and</strong>roid, <strong>and</strong> windows.<br />
Europe was the largest market of board portal in 2014, followed by North America. The market dominance of the<br />
developed regions can be attributed <strong>to</strong> the high adoption of board portal services by financial services providers.<br />
Asia-Pacific board portal market is still in its initial stage; however, the region is expected <strong>to</strong> witness the fastest<br />
© P&S <strong>Market</strong> Research. All rights reserved 2
Global <strong>Board</strong> <strong>Portals</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Development</strong>, <strong>Growth</strong><br />
<strong>and</strong> Dem<strong>and</strong> <strong>Forecast</strong> <strong>to</strong> 2020<br />
growth during the forecast period; owing <strong>to</strong> increasing industrialization, growing healthcare industry <strong>and</strong> rising FDI<br />
in financial sec<strong>to</strong>r in developing countries such as China <strong>and</strong> India. County wise the U.S. <strong>and</strong> Canada are the<br />
largest market in North America. Germany, the U.K., France, Spain, <strong>and</strong> Italy have dominated European board<br />
portal market. China, Japan, India, South Korea <strong>and</strong> Australia are major board portal market in Asia-Pacific.<br />
Browse related market research at: https://www.psmarketresearch.com/industry-report/ict-<strong>and</strong>-media<br />
Some of the competi<strong>to</strong>rs in the global board portals market are Admincontrol, Aprio, Banc Intranets LLC,<br />
<strong>Board</strong>Effect Inc., <strong>Board</strong>Vantage Inc., C<strong>and</strong>lestiq LLC, Computershare Governance Services Inc., Diligent<br />
Corporation, Direc<strong>to</strong>rs Desk LLC, e<strong>Share</strong> Ltd., ICSA <strong>Board</strong>room Apps Limited., Modevity LLC., M29 Technology<br />
<strong>and</strong> Design, Passageways, StreamLink Software Inc., <strong>and</strong> Thomson Reuters.<br />
About P&S <strong>Market</strong> Research<br />
P&S <strong>Market</strong> Research is a global market research <strong>and</strong> consulting company. We provide market research reports,<br />
industry reports, business intelligence <strong>and</strong> research based consulting services across a range of industries.<br />
With the help of our professional corporate relations with various companies, our market research offers the most<br />
accurate market forecasting. Our analysts <strong>and</strong> consultants interact with leading companies of the concerned<br />
domain <strong>to</strong> substantiate every single data presented in our publication. Our research assists our client in<br />
identifying new <strong>and</strong> different windows of opportunity <strong>and</strong> frame informed <strong>and</strong> cus<strong>to</strong>mized strategies for expansion<br />
in different regions.<br />
Contact:<br />
Ms Somya<br />
Manager – Client Partner<br />
347, 5th Ave. #1402<br />
New York City, NY - 10016<br />
US/ Canada Toll-Free: 1-888-778-7886<br />
Email: enquiry@psmarketresearch.com<br />
Web: https://www.psmarketresearch.com<br />
© P&S <strong>Market</strong> Research. All rights reserved 3
Change language