A VDR allows several parties to collaborate and share on a deal’s critical data through an encrypted and protected web connectivity. The VDR is suitable for those working on due diligence progression and other transactional work. The dealmakers can keep all their data in a VDR, and then easily track, share, and control contract’s documents. The global VDR market is influenced by the increasing volume of the business data due to the rising number of mergers and acquisitions, collaborations and partnerships among the enterprises. Moreover, data privacy policies and cohesive regulations are propelling the growth of the VDR market during the forecast period.

The global virtual data room market is segmented on the basis of deployment type, and industry. Based on the deployment type, the global VDR market is further segmented into on-premises and cloud-based. The cloud-based VDR segment is estimated to have considerable market growth in the market due to the rising adoption of cloud-based services by the enterprises. Based on the industry, the global VDR market is further classified into retail & e-commerce, healthcare, BFSI, IT & Telecom and others such as media and entertainment. The retail and e-commerce segment projected to have a significant growth due to the rising adoption of virtual data rooms by retailers for acquiring e-tailers to expand their business.

Moreover, the global virtual data room market is further segmented geographically into North America, Europe, Asia-Pacific and Rest of the World. North America has a significant market share in the global VDR market due to the rising demand for VDR supported increasing merger, acquisitions, joint ventures, and other business strategies. These business strategies raise the demand for secure virtual data rooms in the region. Moreover, Asia-Pacific has considerable market growth in the global VDR market due to rising development of business infrastructure in emerging economies such as India and China.

Some of the players that contribute into the growth of the global VDR market include Citrix Systems, Inc., Adobe Systems Inc., Donnelley Financial LLC, iDeals Solutions Group, Intralinks, Inc., Merrill Corp., Firmex Inc. SecureDocs, Inc., Drooms GmbH and others. These market players are contributing to the market by adopting various market approaches including product launch & approvals, merger and acquisition, partnerships and collaborations to stay competitive into the market. For instance, in March 2019, Drooms GmbH and INTREAL collaborated to build a digital lifecycle data room based on the Droom’s portfolio. It is a new VDR solution for asset lifecycle management that would contribute to the growth of the VDR market.

Research Methodology

The market study of the global VDR market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include

• Financial reports of companies involved in the market
  
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report is intended for VDR systems providers, government, and private organizations, for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation

Global Virtual Data Room Market Research and Analysis, By Deployment Type

Global Virtual Data Room Market Research and Analysis, By Industry

The Report Covers

• Comprehensive research methodology of the global virtual data room market.
  
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global virtual data room market.
• Insights about market determinants which are stimulating the global virtual data room market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.