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According to the latest report by IMARC Group “Virtual Data Room Market Trends: Global Industry Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global virtual data room market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 14.6% during 2021-2026.
A virtual data room (VDR) is an online repository of sensitive and confidential organizational data and documents. It is a centralized information storage facility used for storing and sharing information securely during mergers and acquisitions, asset management, auditing, fundraising, bankruptcy and organizational restructuring. It is usually deployed on-premises or on the cloud. In comparison to the traditionally used physical data rooms, VDRs enable multiple potential bidders, are more cost-effective, secured and reliable. As a result, they find extensive applications across various industries, including banking, financial services and insurance (BFSI), retail, telecommunication and information technology (IT).
Request for a free sample copy of this report: https://www.imarcgroup.com/virtual-data-room-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The global virtual data room is primarily driven by the increasing utilization of cloud computing solutions for managing organizational data. Small and medium-sized enterprises are increasingly using cloud-based VDR solutions for exchanging confidential documents and information among businesses and legal agencies. These solutions also offer enhanced scalability, adaptability, and convenient deployment. Moreover, the widespread adoption of VDRs for storing information related to biomedical trials, medical equipment and patient information is contributing to the growth of the market. Other factors, including the emergence of blockchain technology for enhancing VDR security, along with significant growth in the IT infrastructure, are favoring the market growth.
Breakup by Component:
Breakup by Deployment Type:
Breakup by Enterprise Size:
Small and Medium Enterprises
Breakup by Business Function:
Marketing and Sales
Breakup by Vertical:
Retail and E-Commerce
Healthcare and Life Sciences
IT and Telecommunications
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Ansarada Pty Ltd.
Brainloop AG (Diligent Corporation)
Citrix Systems Inc.
Datasite Global Corporation
FORDATA sp. z o.o.
iDeals Solutions Group
Intralinks Holdings Inc. (SS&C Technologies)
ShareVault (Pandesa Corporation),
SmartRoom (BMC Group).
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/virtual-data-room-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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Published on May 20, 2022
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