IMARC’s Report on the Virtual Data Room Market

A virtual dataroom (VDR) can be used to protect sensitive or confidential information online. VDRs are usually employed by companies in mergers and acquisitions (M&A). In an era where cyber-attacks and data breaches are rampant numerous large companies have adopted VDR solutions to reduce the threat of unauthorised access to sensitive company data. VDRs are also a practical method to share data securely with investors.

VDRs are used most often by investment bankers. They utilize them for capital raising and M&A which require a significant amount of information sharing. They can also help businesses organize their data to spot patterns and trends which would otherwise be ignored. There are a myriad of small to medium-sized, independent providers that serve the VDR market.

Many VDR providers provide competitive pricing in addition to their robust feature set. FirmRoom, for example, is a firm believer in full price transparency and has built a client base that spans from small consulting firms to blue-chip companies such as KPMG and JPMorgan Chase. In a field that’s maturing, it’s important for customers to pick an option that is compatible with their business’s specific requirements.

The report by IMARC analyzes the global virtual data room market and provides deep insights into market drivers, obstacles and opportunities in the most important regional markets. Porter’s Five Forces Analysis is included to help stakeholders evaluate the potential growth of the sector.