Virtual Data Room Market Analysis Report By Component, By Deployment Type, By Enterprise Size, By Business Function, By Vertical, By Region And Segment Forecasts From 2020 To 2027

Report ID: MN17620196  |  Published: February 2021  |  No of Pages: 145
Format: Electronic (PDF)  |  Industry: Computing & Technology


With reference to the report published, the global virtual data room market size was accounted for USD 1.49 billion in 2019. It is estimated to witness a 14.7% CAGR from 2020 to 2027.


The oil & gas industry these days is leaning toward consolidations, needing severe appropriate industry actions. Furthermore, the oil & gas projects include a huge quantity of seismic information and require moving securely throughout the consolidation procedure. As a result, it is estimated to stimulate the progress of the market, during the forecast period.

Mainly, the market is aggravated by the speedy rush, in demand for extremely protected resolution, for a swap over the secret documents as well as information between legal agencies and the business houses. Furthermore, the virtual data room (VDR) offers a secure stage for the enterprises that assist them to stockpile and convey the delicate information of their customers, like the information about biding, contracts, along with the discussions regarding the contract.

North america virtual data room market

The requirement for virtual data room tools is attaining reputation across a number of government institutions and legal organizations. These tools facilitate these businesses to maintain as well as move numerous clients’ secret information with files in a confidential and structured manner, to a different place. Consequently, it is estimated to observe, considerable escalation in the demand for the virtual data room market, during the subsequent seven years.

Effect of Covid-19

Due to the unfavorable influences of the COVID-19 pandemic, the mergers & acquisitions actions have been observed a substantial fall, throughout the world. Sequentially, this is expected to decelerate the implementation of the software for the virtual data room.

Business Function Insight

The finance sector retained the most important share of the market in 2019, which was just about 40%. This is credited to the huge acceptance of virtual data room tools, through several businesses. The tools assist these companies in switching over the secret documents for the period of equity purchase/sell, mergers & acquisitions, administration of bankruptcy, and Non-performing Loans (NPL), among the others.

For example, a number of important investment banking organizations like Barclays, Goldman Sachs, J.P. Morgan, Deutsche Bank, and Credit Suisse, are keenly making use of the virtual data room podium through their businesses to distribute important financial documents for example bonds/securities.

By means of the speedily altering information standards, numerous establishments are assertively implementing the safe resolution. This assists these corporations to stick to the new-fangled set of standards. Hence, it is likely to increase the acceptance of virtual data room tools for the legal domains, during the period of the forecast.

Enterprise Size Insight

The large enterprise sector acquired more than 70% share of the virtual data room market, in 2019. This is credited to the greater acceptance of virtual data room software between legal agencies, banks, healthcare organizations, and large investment firms.

Amid the outsized figure of human resources working in the team and a vast consumer base, large enterprises produce a considerable amount of the records. Afterward, to stock up and move the private information, securely, large enterprises are increasingly putting into practice, safe solutions. Accordingly, it is estimated to push the development of the large enterprise sector. In addition, the strong demand for the cloud-based virtual data room solutions, between the Small and Medium Enterprises, to administer their lawful and secret documents, is furthermore expected to observe the notable enlargement of the segment.

Deployment Type Insight

The cloud-based segment seized a more than 65% revenue share of the global virtual data room market, in 2019. This is credited to the substantial concentration of the major players of the market, to put forward cloud-based virtual data room resolution, throughout the world. The significant advantage of cloud-based resolution is the easiness of its accessibility from any place on the earth. Furthermore, the reasonable price and simplicity of the operation prepared the cloud-based virtual data room resolution, additionally widespread between the enterprises. Accordingly, it is expected to achieve a considerable enlargement, during the period of the forecast.

Due to the small prices, and the benefits above on-premise solutions, Small and Medium Enterprises (SMEs) choose cloud-based resolution. These factors are expected to stimulate the expansion of the market during the approaching years.

Component Insight

In 2019, the solution segment held above 70% revenue share, of the global market. This is accredited to speedily increasing demand for virtual data room software through a variety of functions, together with bid management, in/out-licensing, mergers & acquisitions, fundraising/ IPOs, and economic assessment, among others.

Vertical Insight

In 2019, the BFSI (Banking, Financial Services, and Insurance) sector held more than a 20% share of the virtual data room market. This is credited to the speedily increasing acceptance of virtual data room podium, through a variety of investment banking organizations and additional economic institutions. The stage helps out, these institutions, in making simpler the deal procedure, efficiently, throughout mergers & acquisitions actions. These organizations, moreover, utilize virtual data room tools for the duration of numerous important procedures, together with the tactical joint venture, mergers & acquisitions, increasing investment and rights issues.

Global virtual data room market

The implementation of virtual data room resolutions, through real-estate vertical, is expected to develop by a remarkable 13.8% CAGR, during the period of the forecast. The elevated expansion is credited to the speedy rush in the requirement for virtual data room tools, for the purposes like brand name, portfolio administration, divesting possessions, and increasing investment.

Regional Insight

Asia Pacific is projected to observe the maximum CAGR, during the forecast period. A considerably rising figure of the startups along with merger & acquisition actions through major emerging nation-states like China and India increases the necessity for security solutions to transport critical documents through the business. The enlargement of the real-estate segment, across a number of Asia Pacific nations, such as Singapore, China, Japan, and India, is substantial. Hence, it is estimated to boost the progress of virtual data room resolutions', within the region, for the secured sharing of the document, during the sale or the purchase of the estate.

North America remained above 35% revenue share in the virtual data room market, in 2019. The large share is accredited to the noteworthy investments done by the major players of the market, together with Intra links Holdings, Inc., Ethos Data, Citrix Systems, Inc., and the Data site. The existence of a huge number of large enterprises along with the government and legal organizations increased the local demand. Additionally, speedily growing cyber security terrorization, across the enterprises, within the state, is anticipated to thrust the enlargement of the market.


Amid the existence of several crucial companies, presenting the resolution of virtual data room, the nature of the market is disjointed. The important companies are tactically concentrating on the improvement of the innovative outcome, to enlarge their range of the product. For example, Data site, a SaaS-based provider of virtual data room resolution, presented an AI-powered to merely the mergers & acquisition deals, by means of giving organized and smart structuring data, in June 2020. Furthermore, to increase their customer support and regional existence, foremost companies are forcefully sought out mergers & acquisitions.

Some of the companies for the virtual data room market are:

    • Ruby Datum
    • Uniscon GmbH
    • Smart Room (BMC Group)
    • One hub Inc.
    • Firmex Inc
    • Ethos Data
    • Citrix Systems, Inc.
    • Imprima
    • Data site (Formally known as Merrill Corp.)
    • Intra links Holdings, Inc.
    • iDeals Solutions Group
    • Aver sure AB
    • Multipartner S.p.A.
    • Share Vault (Pandesa Corporation)
    • Brain loop AG
    • Ansarada Pty Ltd.
    • Cap Linked
    • FORDATA sp. z o.o.
    • Firm Room
    • Secure Docs, Inc.
    • Deal Room Inc.

Report Scope

 Report Attribute


The market size value in 2019

USD 1.58 billion

The revenue forecast in 2027

USD 4.12 billion

Growth Rate

CAGR of 14.7% from 2020 to 2027

The base year for estimation


Historical Data

2016 - 2018

Forecast period

2020 - 2027

Quantitative units

Revenue in USD million and CAGR from 2020 to 2027

Report coverage

Revenue forecast, company share analysis, competitive landscape, growth factors, and trends

Segments covered

Component, deployment type, enterprise size, vertical, business function, region

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; France; Italy; China; Japan; India; South Korea; Brazil; Mexico

Key companies profiled

Data site; iDeals Solutions Group; DealRoom Inc.; Intralinks Holdings, Inc.; SecureDocs, Inc.; FirmRoom; FORDATA sp. z o.o.; Citrix Systems, Inc.; CapLinked; EthosData; Ansarada Pty Ltd.; Firmex Inc.; Brainloop AG; Onehub Inc.; ShareVault (Pandesa Corporation); SmartRoom (BMC Group); Multipartner S.p.A.; Uniscon GmbH; Aversure AB; Ruby Datum; Drooms; Imprima 

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail of customized purchase options to meet your exact research needs.

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2020 to 2027. For this study, Million Insight has segmented the global virtual data room market report based on component, deployment type, enterprise size, vertical, business function, and region:

• Component Outlook (Revenue, USD Million, 2016 - 2027)
    • Solution
        • AI-Powered
        • Non-AI-Powered
    • Services
        • Consulting
        • Implementation & Integration
        • Training and Support & Maintenance

• Deployment Type Outlook (Revenue, USD Million, 2016 - 2027)
    • Cloud-based
    • On-premise

• Enterprise Size Outlook (Revenue, USD Million, 2016 - 2027)
    • Large Enterprises
    • SMEs

• Business Function Outlook (Revenue, USD Million, 2016 - 2027)
    • Marketing and Sales
    • Legal and Compliance
    • Finance
    • Workforce Management

• Vertical Outlook (Revenue, USD Million, 2016 - 2027)
    • BFSI
    • Corporates
    • Healthcare & Life Sciences
    • Government & Legal and Compliance Agencies
    • Real Estate
    • Industrial
    • Energy & Utility
    • Others

• Regional Outlook (Revenue, USD Million, 2016 - 2027)
    • North America
        • The U.S.
        • Canada
    • Europe
        • The U.K.
        • Germany
        • France
        • Italy
    • The Asia Pacific
        • China
        • India
        • Japan
        • South Korea
    • Latin America
        • Brazil
        • Mexico
    • Middle East & Africa (MEA)


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