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The global virtual data room market size was valued at $1.3 billion in 2018, and is projected to reach $3.63 billion by 2026, growing at a CAGR of 13.70% from 2019 to 2026<br>
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The global virtual data room market size was valued at $1.3 billion in 2018, and is projected to reach $3.63 billion by 2026, growing at a CAGR of 13.70% from 2019 to 2026 Download Sample PDF Virtual data room (VDR) is online repository of information that is used by companies to securely store and share critical and confidential corporate data, and is most commonly used during deals. This application is used in various business cycles such as bankruptcy, due diligence, mergers & acquisitions, private equity, fundraising, clinical studies, and organizational restructuring.
Impact of Covid-19 The pandemic accelerated the need for secure and remote collaboration tools as businesses shifted to remote work. Virtual Data Rooms, which are commonly used for secure document sharing during mergers and acquisitions, fundraising, and other critical business processes, may have experienced increased demand. 1 The economic uncertainty caused by the pandemic may have led to increased merger and acquisition (M&A) activity as businesses sought strategic partnerships or restructuring. This could have driven the demand for Virtual Data Rooms for secure data sharing and due diligence. 2
Segmentation By Region U.S., Canada North America U.K., Germany, France, Spain, Italy, Rest of Europe Europe China, Japan, South Korea, India, Australia, Rest of Asia-Pacific Asia-Pacific LAMEA Latin America, Middle East, Africa
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