Global Virtual Data Room Market by deployment type (On premises and on cloud); by industry vertical (BFSI, Retail & E-commerce, Government, Healthcare, IT & Telecom, Construction and Others); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030.

Market overview

A virtual data room is an on-site or cloud centralized information storage and share platform. This platform is used by organizations around the world to share and store critical and sensitive information in a robust and secure environment with customers, external entities, and partners. Users can easily access this online repository from any location via a safe network. Virtual room data are widely used by advisors for financial transactions, due to conscientiousness for mergers, raising of funds, IPO, Board communication, audits, strategic partnership, and secure data sharing.

Market Highlights

Fatpos Global anticipates the Virtual Data Room market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. This growth is anticipated due to increasing mergers and acquisitions across various sectors which will create a worldwide demand for virtual data rooms. An increasing display feature of the VDR provides a vast opportunity during the predictive timeframe for the virtual data room industry.

Source: Fatpos Global

Recent Highlights in the Global Virtual Data Room market

• In November 2019, Drooms announced the launch of its new branches in Barcelona and Madrid in order to improve their South European and UK business development teams.
• In March 2020, Firmex modified its virtual data room solution with numerous changes in usability and error fixing.
• ContractWorks, SecureDocs' parent company, opened its new office in London, UK, in January 2020.

Virtual Data Room Market: Segments

Global market has been segmented on the basis of Deployment type, application type, and location. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East, and Africa.

By Deployment type (in %), global Virtual Data Room Market, 2019

The cloud segment is anticipated to register XX% of the volume share and is expected to grow at the highest CAGR.

Global Virtual Data Room Market is segmented by deployment type into:  On-premises and cloud

The cloud deployment model allows consistency in operations and fast real-time implementation for organizations. This is the reason why cloud virtual data room applications gain greater popularity than on-premises applications in virtual data rooms. It also offers a range of advantages including reduced running cost, quick deployment, and greater connected resources scalability.

By Industry Vertical (in %), global Virtual Data Room Market, 2019

The government sector accounted for XX% of the global volume in 2019 and is anticipated to grow at the highest CAGR.

Global Virtual Data Room market is segmented by industry vertical: BFSI, Retail & E-commerce, Government, Healthcare, IT & Telecom, Construction, and Others

Government agencies deal with critical data and conduct a wide range of operations such as conducting investor meetings, answering regulatory inquiries, carrying out acquisition and procurement of contract analysis, investigations and audits, and handling Freedom of Information Act (FOIA) and public record inquiries.

Source: Fatpos Global

Global Virtual Data Room Market: Drivers and Restraints

Drivers

• Growing security concerns and rising in need to securely store and transfer data

Since data volume continues to grow and data sources are growing, the management and secure storage of these data has taken center stage. The advanced technology such as access protection, document protection, and the virtual data room user interface has contributed to the development of powerful platforms in which mergers can take place effectively. In addition to due diligence, the virtual data room approach is a medium for handling the entire business cycle.

• Other Factors

Moreover, the crucial functions of the virtual data space such as providing various levels of secure access to the various players, document editing, search features, and smart file indexing boost the demand for the solution, which contributes substantially to the market’s growth.

Restraints

• Risk of cyber attacks

With the rising need for virtual data space, more and more organizations are storing their data in VDS, but there is a level of certain cyber risk which may hamper the growth of the market

Other problems faced by the virtual data space markets are Inconsistent Business Semantics, Data Privacy, and Data Integration Issues, Presence of Data Silos

Global Virtual Data Room Market: Regions

Asia Pacific was the largest market accounting for XX% of total market volume share in 2019

The rapid growth of the APAC virtual data space market can be attributed to significant growth in business dealings and transactions, such as merger and acquirements in developed economies like Japan, Australia, New Zealand and emerging economies like that of China and India which are using virtual data space software and services across various verticals in the industry.

Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa

Source: Fatpos Global

Global Virtual Data Room market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y

    Growth, CAGR – United States and Canada

• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y

    Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America

• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth,

    CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium,

    Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia,

    Turkey and Rest of Europe

• APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth,

    CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New

    Zealand, Australia and Rest of APAC

• MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth,

    CAGR – North Africa, Israel, GCC, South Africa

Global Virtual Data Room Market: Key Players

• Citrix
  • Company Overview
  • Business Strategy
  • Key Product Offerings
  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis
• Smart room
• Vault Rooms
• Onehub
• Sharevault
• Donnelley Financial Solutions
• For data
• Digify
• Data site
• Securedocs
• Brainloop
• Vitrium Systems
• Ideals Solutions
• Caplinked
• High

Global Virtual Data Room market report also contains analysis on:

• Virtual Data Room  Market Segments:
  • By Deployment type:
    • On-premises
    • Cloud
  • By Industry Vertical:            
    • BFSI
    • Retail & E-commerce
    • Government
    • Healthcare
    • IT & Telecom
    • Construction
    • Others
• Virtual Data Room Market Dynamics
• Virtual Data Room Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

FAQs on Global Virtual Data Room Market

• Which segment is anticipated to hold the largest market share?
• At what CAGR is the market anticipated to grow between 2020 and
• Who are the key players in the global Virtual Data Room market?
• What could be the challenging factors for the growth of the Virtual Data Room market?
• What are the growth drivers for the Virtual Data Room market?