Delivery Model (Enterprise Model, Hosted, Software as a Service (SaaS))
Board portal market from the SaaS segment is expected to hold 49% of the revenue share by 2037. Board portal software is becoming more reasonably priced due to the emergence of SaaS models. IT or a subscription-based software as a service provider deploys the Board Portal software (SaaS). Owing to the decreasing cost of on-demand computer power, increased internet accessibility, and the popularity of smartphones and tablets, software manufacturers are now able to provide board portal software to a greater number of organizations at a more affordable and easily accessible price. At present, tablets are used by around 1.28 billion people. When it comes to computer devices, 91% of internet users still think that smartphones are their preferred method of accessing the internet. In 2021, smart devices brought in about USD 60 billion in sales globally.
Generation (Generation 1.0, Generation 2.0, Generation 3.0, Generation 4.0)
The generation 3.0 is expected to account for 42% of the global board portal market by the end of 2037. This is because notes and annotations in third-generation board portals are automatically synchronised across devices and enable the mapping of the entire meeting agenda. This makes it possible to display the entire agenda, including the time allotted. Moreover, fingerprint sensors on iOS devices and the filing of papers in distinct folders arranged according to meetings offer extra security. These elements are all in charge of driving this segment's market expansion.
Our in-depth analysis of the global board portal market includes the following segments:
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Author Credits: Abhishek Verma
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