Apr 20, 2023

| Drooms GmbH, Ethos data, Firmex Corporation News Provided By Share This Article Virtual Data Room Industry The surge in the need for intellectual property and risk management fuels the growth of the virtual data room market. PORTLAND, PORTLAND, OR, UNITED STATE, April 20, 2023 / EINPresswire.com / -- According to the report, the global virtual data room market garnered $1.3 billion in 2018, and is estimated to reach $3.63 billion by 2026, witnessing a CAGR of 13.7% from 2019 to 2026. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5830 Increase in need to store & transact huge volume of data during Merger & Acquisition (M&A) in a secure manner and surge in demand for venture capital drive the growth of the global virtual data room market. However, cyber security concerns and scarcity of skilled workforce hinder the market growth. On the other hand, increase in adoption among SMEs would create new opportunities in the next few years. Based on component, the solution segment contributed to nearly three-fourths of the total share of the global virtual data room market in 2018, and is estimated to maintain its lead position during the forecast period. This is attributed to solutions being cheaper and faster to deploy. However, the service segment would witness the highest CAGR of 16.0% from 2019 to 2026, owing to surge in the need of various services including managed services and professional services. For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/5830 Based on deployment type, the on-premise segment accounted for the highest market share of the global virtual data room market, contributing to nearly three-fifths of the total share in 2018, and is expected to maintain its highest contribution by 2026. This is attributed to the improved security features offered by the on-premise model. However, the cloud segment is would register the highest CAGR of 15.4% from 2019 to 2026, owing to convenience and flexibility provided by cloud. Based on region, North America contributed to the largest share in terms of revenue in 2018, holding nearly two-fifths of the global virtual data room market, and is expected to continue its dominant share during the forecast period. This is due to rise in cyber-attacks, financial theft, and data theft. However, Asia-Pacific is expected to maintain the highest CAGR of 16.1% from 2019 to 2026, owing to increase in IT outlays among enterprises in the developing economies such as China and India. Procure Complete Report (291 Pages PDF with Insights, Charts, Tables, and Figures) at: The report analyses the profiles of key players operating in the market Brainloop AG, Caplinked Inc., Citrix Systems Inc., Drooms GmbH, Ethos data, Firmex Corporation, Intralinks Holdings Inc., Merrill Corporation Ltd, shareVault, and Vault Rooms Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Key Benefits for Stakeholders: • The study provides an in-depth analysis of the global virtual data room market along with the current & future trends to elucidate the imminent investment pockets. • Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report. • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry. • The quantitative analysis of the global virtual data room market from 2019 to 2026 is provided to determine the market potential. Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/5830 Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia. If you have any special requirements, please let us know and we will offer you the report as per your requirements. Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. Similar Reports: About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains. 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