Global Virtual Data Room Market is segmented By Enterprise & By Region- Forecast and Analysis 2020-2027.
The global virtual data room market was valued at USD 702.19 Million in 2020, and it is expected to reach a value of USD 1,851.09 Million by 2027, at a CAGR of 14.85% over the forecast period (2020 - 2027).
The virtual data room works as a repository for data storage that is hosted online and used for sharing information over a secured network, which is confidential and critical and cannot be shared with a third party. The rapidly growing data consumption and traffic in the data management establishments, such as data centers that are not designed to perform secure transactions, is a great factor driving the demand for virtual data room. Increasing use of a virtual data room is becoming popular because authorized users have been granted access to the information that is stored electronically on the server.
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Segmental Analysis
The global virtual data room market is segmented based on By Enterprise, Based on Deployment Mode, By Function, Based on Industry and region. Based on Enterprise it is categorized into: Large and SME. Based on Deployment Mode it is categorized into: On-Premises and Cloud. By Function market is categorized into Marketing & Sales, Legal, Finance and Workforce Management. Based on Industry market is segmented BFSI, Retail And E-Commerce, Government, Healthcare And Life Sciences, IT & Telecommunications, Real Estate, Others. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Top Players Company Profiles
• Brainloop AG (Germany)
• CapLinked, Inc. (US)
• Citrix Systems, Inc. (US)
• Drooms GmbH(Germany)
• EthosData (UK)
• Firmex Inc. (Canada)
• Intralinks, Inc. (US)
• Merrill Corporation (US)
• ShareVault (US)
• Vault Rooms, Inc. (US)
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Recent Developments
• In June 2021, a total of 68 data center-oriented acquisitions have already been done with a total value of $6300 million. This is due to investment firms continuing to acquire data center operators as demand for computing capacity.
• In June 2021, Blackstone’s acquisition of QTS brings the total value of closed and pending M&A data center deals to more than USD 23 billion in 2021. Blackstone Group entered into a definitive agreement to acquire data center provider QTS Realty Trust for USD 10 billion.
