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Virtual Data Room Market (Type - Software, and Services; Enterprise Size - Large Enterprise, and SMEs; Business Function - Legal and Compliance, Financial Management, Intellectual Property Management, Sales and Marketing, and Others; End User - BFSI, IT and Telecommunication, Healthcare, Government and Legal Services, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : April, 2021

  • Rep Id : ICT00218

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on the virtual data room market provides in-depth analysis of segments and sub-segments in the global as well as regional virtual data room market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional virtual data room market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global virtual data room market. According to the report, the global virtual data room market is projected to grow at a CAGR of 15.04% over the forecast period of 2020-2026.


Market Insight

The global virtual data room market size was valued around USD 1,201 million in 2019 and is anticipated to grow at a CAGR of 15.04% during the forecast period. A virtual data room is a storage space that is utilized by firms for storing confidential information which can be utilized for business transactions such as sharing or distributing key documents. Furthermore, these virtual data rooms are utilized for maintaining financial data and are likely to prove as the best substitutes for physical data rooms such as data centers. Apart from this, a virtual data room provides security to documents and streamlines document management procedures for proficient business transactions. In addition, virtual data rooms are easy to use, can be easily accessed, controllable, and secured. They also facilitate effective in-room communication activities and are charged as per different pricing models depending on the quantity of data stored in these virtual data rooms.


The increasing need to securely store and transact a huge volume of data during merger and acquisition (M&A) drives the market growth. Moreover, an enormous volume of data is stored and accessed by venture capital firms as they are turning towards virtual data rooms as it offers them the opportunity to not only carry out processes related to due diligence but also enables them to prepare documents cost-effectively and efficiently. Hence, keeping these drivers in mind it can be stated that, such extensive usage and demand of virtual data room software is projected to boost the growth of the global virtual data room market. Conversely, cybersecurity associated with virtual data room is always a concern and as the industry requires more of a skilled workforce, there is always a demand for such a labor force that can tackle the workings and solutions of a virtual data room. These factors can hinder the expansion of the virtual data room market. However, a surge in adoption among SEMs and an increase in investment by numerous organizations in virtual data room technology solutions are anticipated to offer major opportunities for the expansion of the market in the near future. Additionally, the current concern over the spread of coronavirus is also expected to have a positive impact on the virtual data room market. The COVID-19 outbreak has dramatically affected industrial operational activities such as logistics & supply chain, product manufacturing, and inventory management. However, numerous key players operating in the global virtual data room market across the globe are taking initiatives to support other businesses. For example, in July 2020, Shelterzoom has also made an announcement to introduce a DocuWalk platform, a new user-friendly, and blockchain-based platform for the virtual negotiating and collaboration room. These elements may surge the growth of the global virtual data room in the global market during the COVID-19 epidemic.


Among the geographies, the North America region is expected to hold the largest share in the global virtual data room market. The industry is expected to offer huge opportunities for virtual data room market growth on account of the presence of numerous key players. The presence of a huge number of large enterprises and legal and government agencies raised the regional demand which boosts the market growth. Furthermore, the Asia Pacific region is anticipated to witness high growth in the virtual data room market during the forecast period. A significantly growing number of startups and merger and acquisition activities across key developing countries such as India and China raise the need for safe solutions to transfer crucial documents across organizations which leads to boost the market growth during the projection period.

virtual data room market

 Segment Covered

The report on global virtual data room market covers segments such as type, enterprise size, business function, and end user. On the basis of type, the sub-markets include software, and services. On the basis of enterprise size, the sub-markets include large enterprise, and SMEs. On the basis of business function, the sub-markets include legal and compliance, financial management, intellectual property management, sales and marketing, and others. On the basis of end user, the sub-markets include BFSI, IT and telecommunication, healthcare, government and legal services, and others.


Companies Profiled:

The report provides profiles of the companies in the market such as Ansarada Pty Limited, Drooms, Citrix Systems, Inc, SecureDocs, Inc, EthosData, Intralinks, Inc., iDeals Solutions Group, Brainloop AG, Firmex Inc., and BMC Group, Inc.


Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of virtual data room market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.

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