Global Board Portal Market: Size, Trends & Forecasts (2017-2021)
Company Coverage:
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Insight Venture Partners (Diligent)
NASDAQ (Director Desk)
Passageways (OnBoard)
SHERPANY (Boardroom)
Leading Boards
A board portal is a secure online tool for the directors of an organization to access their key
corporate documents. Board portal software can be used through Android, i-pad web based tools
or windows. Vendors offer their products in the market through one of these mediums. A delivery
model refers to the approach taken for delivering enterprise software mainly used while referring
to a software application. Three primary delivery methods are used for enterprise software,
namely, licensed model, software as a service (SaaS) model and a hosted model.
The acceptance and use of board portal have increased significantly over the years. The global
portal addressable market is anticipated to grow at a significant growth rate over the forecasted
period i.e. 2017 to 2021. The factors driving the global board portal market are increasing security
concern in the organization, better collaboration between directors, lower cost of board portal
solutions, growing trend of paperless board meetings, etc. Yet there are some challenges which
this market faces, such as balancing security issue, regulatory compliance, lack of skilled
workforce, etc.
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