Global Virtual Data Room Market

Global Virtual Data Room Market, Trends & Analysis with COVID-19 Impact - Forecasts to 2026 By Deployment Mode (Cloud, On-Premises), By Component (Software, Services, Managed Services), By Organization Size (Large Enterprises, Small & Medium Enterprises), By Business Function (Marketing & Sales, Legal, Finance, Workforce Management), By Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Retail and E-Commerce, Government, Healthcare and Life Sciences, Telecommunication and IT, Real Estate, Others), By Region (North America, Asia-Pacific, Middle East & Africa, CSA, Europe), End-User Landscape and Company Market Share Analysis and Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology

Format

This report was recently updated on December 19 2024 with the latest and most recent market numbers

Virtual Data Room Market Insights

The virtual data room market is expected to witness a peak growth during the forecast period. Virtual data rooms are used by corporates to store valuable data. It tends to record-keeping related to legal and financial issues. It also stores documents of intellectual property rights trade secrets and copyright works. The virtual data rooms provide convenient access and high-end security to end-users. The growing need for data and the protection of data is one of the primary factors driving the demand for a virtual data room. The advent and advancement of online security led to the establishment and high growth of virtual data rooms in the market.

Virtual Data Room Market: By Deployment Mode

Based on the deployment mode, the market is bifurcated into the cloud and on-premises. The cloud-based segment is expected to have the largest market penetration in this market. Cloud computing reduces the cost of purchasing hardware and software, promotes scalability and large economies of scale. It is easier and less expensive to back up data with cloud computing. Cloud computing also allows for the effective use of technology and helps to share the infrastructure among the end-users. All these benefits would drive the adoption of cloud-based solutions for virtual data rooms. The On-Premises segment will grow rapidly during the forecast period. On-premises provide flexibility, high speed, and high-end security of data among others.

Virtual Data Room Market: By Organization Size

Based on the organization size the market is explained in two segments namely: large and small & medium enterprises. Large enterprises are expected to have the largest market penetration due to their large scale business deals, legal cases, and large scale transaction. This leads them to adopt VDR’s as they offer high security to data and have fewer installation costs. Small and medium enterprises will also grow rapidly in this market. Startups can benefit from virtual data rooms as they help to provide a competitive edge to business through IT security, lower installation cost, and ease in accessibility from anywhere. All these benefits will drive the segment growth in the market.

Virtual Data Room Market: By Component

Based on the component, the market is bifurcated into software, services, and managed services. The Software segment is expected to be the fastest-growing segment as compared to services. The various software available in the market helps the business to manage the content, analyze the content performance, and for a strategic alliance with companies.

Virtual Data Room Market: By Business Function

Based on the business function, the market is bifurcated into marketing & sales, finance, workforce management, and legal. The legal segment is expected to witness a high peak of growth during the forecast period. The legal data room provides technology to law and legal departments to meet the client’s needs. The software enables to streamline the litigation process and makes the legal due diligence work 40% fast. All these benefits of the data room will boost the segment growth in the market. The finance segment will also grow rapidly in this market over the forecast period. The software available in the market such as FirmRoom helps the financial sector in managing mergers and acquisitions. The software is designed to track data, audit trails, analyze the data, and bulk upload of the file. The features of the virtual data room will drive the segment growth in the market.

Virtual Data Room Market: By Industry Vertical

Based on the industry vertical, the market is bifurcated into banking, financial services, and insurance, retail and e-commerce, government, healthcare, and life sciences, telecommunication and IT, real estate, and others. The banking, financial & insurance segment is expected to be the fastest-growing segment during the forecast period. The banking sector uses virtual data rooms to help control the transaction time, defining of investment participants, and provides transparency. The real estate segment is expected to grow rapidly. The Data room in this industry helps the agents with detailed reports and shows the progress in the market. the video-sharing feature of the data room helps the investor to make the right decisions.

Virtual Data Room Market: By Region

Based on the region, the market is bifurcated into North America, Asia-Pacific, the Middle East & Africa, Europe, and CSA. North America is expected to have the largest market penetration over the forecast period. The rising banking sector and end-user need for better data sharing and rise in market players for data room software drive the region’s growth in the market. The Asia-Pacific region will also be the fastest-growing region in this market. The rising growth of the real estate and telecommunications market will drive the market growth in the region.

Virtual Data Room Market Share and Competitive Analysis

Major players operating in the market include iDeals, Datasite, Brainloop, Blackberry workspaces, For Data, Share Vault, CapLinked, Onehub, Ansarada, Digify, Firmex, V-Rooms, Google Drive, Egnyte, Ethos Data, HighQ, Box, Citrix

Please note: This is not an exhaustive list of companies profiled in the report.

In August 2020, two SaaS virtual data room specialist Ansadara and Thedocyard merged.

Check the Press Release on Global Virtual Data Room Market Report

Virtual Data Room Market: By Deployment Mode

Introduction
1. Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
Cloud
1. Cloud: Virtual Data Room Market, 2018-2026 (USD Million)
On-premises
1. On-premises: Virtual Data Room Market, 2018-2026 (USD Million)

Virtual Data Room Market: By Component

Introduction
1. Virtual Data Room Market, By Component, 2018-2026 (USD Million)
Software
1. Software: Virtual Data Room Market, 2018-2026 (USD Million)
Services
1. Services: Virtual Data Room Market, 2018-2026 (USD Million)

Virtual Data Room Market: By Organization Size

Introduction
1. Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
Large Enterprises
1. Large Enterprises: Virtual Data Room Market, 2018-2026 (USD Million)
Small & Medium Enterprises
1. Small & Medium Enterprises: Virtual Data Room Market, 2018-2026 (USD Million)

Virtual Data Room Market: By Business Function

Introduction
1. Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
Marketing & Sales
1. Marketing & Sales: Virtual Data Room Market, 2018-2026 (USD Million)
Legal
1. Legal: Virtual Data Room Market, 2018-2026 (USD Million)
Finance
1. Finance: Virtual Data Room Market, 2018-2026 (USD Million)
Workforce Management
1. Workforce Management: Virtual Data Room Market, 2018-2026 (USD Million)

Virtual Data Room Market: By Industry Vertical

Introduction
1. Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
Banking, Financial Services, and Insurance (BFSI)
1. Banking, Financial Services, and Insurance (BFSI): Virtual Data Room Market, 2018-2026 (USD Million)
Retail and E-Commerce
1. Retail and E-Commerce: Virtual Data Room Market, 2018-2026 (USD Million)
Government
1. Government: Virtual Data Room Market, 2018-2026 (USD Million)
Healthcare and Life Sciences
1. Healthcare and Life Sciences: Virtual Data Room Market, 2018-2026 (USD Million)
Telecommunication & IT
1. Telecommunication & IT: Virtual Data Room Market, 2018-2026 (USD Million)
Real Estate
1. Real Estate: Virtual Data Room Market, 2018-2026 (USD Million)
Others
1. Others: Virtual Data Room Market, 2018-2026 (USD Million)

Virtual Data Room Market: By Region

Introduction
1. Global Virtual Data Room Market, Regional Analysis, 2018-2026 (USD Million)
North America
1. North America Virtual Data Room Market, Regional Analysis, 2018-2026 (USD Million)
  1. By Deployment Mode
    1. North America Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
  2. By Component
    1. North America Virtual Data Room Market, By Component, 2018-2026 (USD Million)
  3. By Organization Size
    1. North America Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
  4. By Business Function
    1. North America Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
  5. By Industry Vertical
    1. North America Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
  6. By Country
    1. U.S
      1. By Deployment Mode
        
        U.S Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        U.S Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        U.S Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        U.S Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        U.S Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    2. Canada.
      1. By Deployment Mode
        
        Canada Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        Canada Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        Canada Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        Canada Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        Canada Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    3. Mexico
      1. By Deployment Mode
        
        Mexico Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        Mexico Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        Mexico Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        Mexico Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        Mexico Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
Europe
1. Europe Virtual Data Room Market, Regional Analysis, 2018-2026 (USD Million)
  1. By Deployment Mode
    1. Europe Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
  2. By Component
    1. Europe Virtual Data Room Market, By Component, 2018-2026 (USD Million)
  3. By Organization Size
    1. Europe Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
  4. By Business Function
    1. Europe Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
  5. By Industry Vertical
    1. Europe Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
  6. By Country
    1. Germany
      1. By Deployment Mode
        
        Germany Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        Germany Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        Germany Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        Germany Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        Germany Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    2. UK
      1. By Deployment Mode
        
        UK Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        UK Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        UK Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        UK Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        UK Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    3. France
      1. By Deployment Mode
        
        France Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        France Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        France Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        France Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        France Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    4. Italy
      1. By Deployment Mode
        
        Italy Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        Italy Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        Italy Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        Italy Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        Italy Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    5. Spain
      1. By Deployment Mode
        
        Spain Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        Spain Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        Spain Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        Spain Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        Spain Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    6. Rest Of Europe
      1. By Deployment Mode
        
        Rest Of Europe Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        Rest Of Europe Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        Rest Of Europe Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        Rest Of Europe Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        Rest Of Europe Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
Asia Pacific
1. Asia Pacific Virtual Data Room Market, Regional Analysis, 2018-2026 (USD Million)
  1. By Deployment Mode
    1. Asia Pacific Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
  2. By Component
    1. Asia Pacific Virtual Data Room Market, By Component, 2018-2026 (USD Million)
  3. By Organization Size
    1. Asia Pacific Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
  4. By Business Function
    1. Asia Pacific Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
  5. By Country
    1. China
      1. By Deployment Mode
        
        China Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        China Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        China Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        China Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        China Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    2. Japan
      1. By Deployment Mode
        
        Japan Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        Japan Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        Japan Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        Japan Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        Japan Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    3. India
      1. By Deployment Mode
        
        India Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        India Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        India Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        India Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        India Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    4. South Korea
      1. By Deployment Mode
        
        South Korea Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        South Korea Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        South Korea Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        South Korea Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        South Korea Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
Central & South America
1. Central & South America Virtual Data Room Market, Regional Analysis, 2018-2026 (USD Million)
  1. By Deployment Mode
    1. Central & South America Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
  2. By Component
    1. Central & South America Virtual Data Room Market, By Component, 2018-2026 (USD Million)
  3. By Organization Size
    1. Central & South America Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
  4. By Business Function
    1. Central & South America Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
  5. By Industry Vertical
    1. Central & South America Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
  6. By Country
    1. Brazil
      1. By Deployment Mode
        
        Brazil Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        Brazil Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        Brazil Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        Brazil Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        Brazil Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
Middle East & Africa
1. Middle East & Africa Virtual Data Room Market, Regional Analysis, 2018-2026 (USD Million)
  1. By Deployment Mode
    1. Middle East & Africa Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
  2. By Component
    1. Middle East & Africa Virtual Data Room Market, By Component, 2018-2026 (USD Million)
  3. By Organization Size
    1. Middle East & Africa Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
  4. By Business Function
    1. Middle East & Africa Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
  5. By Industry Vertical
    1. Middle East & Africa Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
  6. By Country
    1. Saudi Arabia
      1. By Deployment Mode
        
        Saudi Arabia Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        Saudi Arabia Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        Saudi Arabia Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        Saudi Arabia Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        Saudi Arabia Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)
    2. UAE
      1. By Deployment Mode
        
        UAE Virtual Data Room Market, By Deployment Mode, 2018-2026 (USD Million)
      2. By Component
        
        UAE Virtual Data Room Market, By Component, 2018-2026 (USD Million)
      3. By Organization Size
        
        UAE Virtual Data Room Market, By Organization Size, 2018-2026 (USD Million)
      4. By Business Function
        
        UAE Virtual Data Room Market, By Business Function, 2018-2026 (USD Million)
      5. By Industry Vertical
        
        UAE Virtual Data Room Market, By Industry Vertical, 2018-2026 (USD Million)

The Global Virtual Data Room market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Virtual Data Room market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Virtual Data Room market.

Virtual Data Room market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Virtual Data Room market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Virtual Data Room market