Virtual Data Room Market to Reach $3.63 Bn, Globally, by 2026 at 13.7% CAGR: Allied Market Research

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

PORTLAND, Oregon, May 6, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Virtual Data Room Market by Component (Solution and Services), Deployment Model (On-premise and Cloud), Organization Size (Large Enterprises and Small & Medium Enterprises), Business Function (Marketing & Sales, Legal, Finance, and Workforce Management), and Industry Vertical (BFSI, Retail & E-commerce, Government, Healthcare, IT & Telecom, Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." 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.

Drivers, restraints, and opportunities

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.

The solution segment to maintain its lead position during the forecast period

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 need of various services including managed services and professional services.

Download Report Sample (150 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/5830

The on-premise segment to maintain its highest contribution by 2026

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.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5830

North America to continue its dominant share during the forecast period

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.

Leading market players

• Brainloop AG
• Caplinked Inc.
• Citrix Systems Inc.
• Drooms GmbH
• Ethos data
• Firmex Corporation
• Intralinks Holdings Inc.
• Merrill Corporation Ltd.
• shareVault
• Vault Rooms Inc.

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:
https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Similar Reports:

Data Warehousing Market Expected to Reach $34.69 Billion by 2025

Big Data as a Service Market Expected to Reach $61.42 Billion by 2026

Data Center Cooling Market Expected to Reach $23,215 Million by 2025

Master Data Management Market - Global Opportunity Analysis and Industry Forecast, 2020-2027

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 to make strategic business decisions and achieve sustainable growth in their respective market domain. 

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States 
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com 
Web: https://www.alliedmarketresearch.com 
Follow Us on: LinkedIn Twitter

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg