Board Portal Market Outlook:
Board Portal Market size was over USD 2.7 billion in 2025 and is projected to reach USD 7.13 billion by 2035, growing at around 10.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of board portal is assessed at USD 2.95 billion.
The primary factor fueling the market expansion is organizations' growing concerns about security. Over the past ten years, there has been an increase in the demand for data and security breach cases. The data that is kept on servers and in the cloud has led to an increase in security breaches in businesses. The anticipated damage of a ransomware assault on IT behemoth Cognizant in 2020 is between USD 50 and USD 70 million. According to cybersecurity ventures, by 2021, cybercrime will cost the world USD 6 trillion USD.
In addition, rising demand for digital document management is also a major factor in boosting the board portal market growth. With development in software technology, remote working, and demand for file backup and retrieval, digital document management has grown drastically over the years. File-sharing, remote editing, and device interoperability are standard requirements for any team, executive, or board. The development of digital document management has been facilitated by the capacity to collaborate, approve, share, and oversee critical organizational functions from a distance. Board portals featuring digital document management provide data transfer, device operability, and e-approval (by e-signatures) from any point in the globe. According to Record Storage Systems, 2020, document issues like retrieval and organizations represent 21.3% of productivity loss, while nearly 7.5% of paper documents are lost.
