Virtual Data Room Market Share 2022, Size, Growth Drivers, Leading Companies and Opportunities by 2027 | IMARC Group
IMARC Group has recently released a new research study titled “Virtual Data Room Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global virtual data room market size reached US$ 1.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2027, exhibiting a growth rate (CAGR) of 14.29% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Also known as a deal room, a virtual data room (VDR) is a secure online repository for document storage and distribution. It supports the diligence process preceding a merger, acquisition, and disclosure of documentation of a company. It is more secure as compared to physical data rooms, as actions like copying, printing, and forwarding are disabled, and there is no accidental risk of loss during transit. At present, it is extensively used in banking, financial services and insurance (BFSI), retail and e-commerce, government, healthcare, information technology (IT), and telecommunication sectors across the globe.
Request for a free sample copy of this report: https://www.imarcgroup.com/virtual-data-room-market/requestsample
Virtual Data Room Market Trends and Drivers:
Rapid industrialization and the growing number of small and medium enterprises (SMEs) startups are increasing the volume of business data arising from mergers and acquisitions of companies. This represents one of the key factors catalyzing the demand for VDRs around the world. In line with this, VDRs allow attorneys, accountants, and internal and external regulators to have a centralized point of access. They also aid in reducing errors and time and facilitate communication transparency, which is strengthening the market growth. Moreover, key market players are incorporating advanced technologies, such as artificial intelligence (AI) and machine learning (ML), for spotting risks and prioritizing actions, which is fueling the growth of the market worldwide.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Component:
- Solution
- Services
Breakup by Deployment Type:
- Cloud-based
- On-premises
Breakup by Enterprise Size:
- Large Enterprises
- Small and Medium Enterprises
Breakup by Business Function:
- Marketing and Sales
- Legal
- Finance
- Workforce Management
Breakup by Vertical:
- BFSI
- Retail and E-Commerce
- Government
- Healthcare and Life Sciences
- IT and Telecommunications
- Others
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)
- CapLinked
- Citrix Systems Inc.
- Datasite Global Corporation
- DealRoom Inc.
- EthosData
- Firmex Inc
- FORDATA sp. z o.o.
- iDeals Solutions Group
- Intralinks Holdings Inc. (SS&C Technologies)
- SecureDocs Inc.
- ShareVault (Pandesa Corporation),
- SmartRoom (BMC Group).
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=3828&flag=C
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Other Trending Reports By IMARC Group
Financial Fraud Detection Software Market
About Us
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.
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
