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Global Virtual Data Room Market was valued US$ 812.4 Mn in 2017 and is estimated to reach US$ 2994.9 Mn by 2026 at a CAGR of 15.6%.Global Virtual Data Room Market Virtual data room market is segmented into the component, deployment type, organization size, vertical, and geography. Based on organization size, Virtual data room market is classified into the small & medium enterprise and large enterprise. A small & medium enterprise is estimated to hold the largest share of a market in forecast period due to rising adoption of securely storing and sharing platforms by SME. In terms of deployment type, Virtual data room market is divided by cloud and on-premise. Cloud is estimated to hold the largest share of a market in the forecast period. Major driving factors of virtual data room market are rising demand for easily & securely data storage methods and need for easy data sharing, increasing volumes of business data, and data privacy regulations and at the same time security issues, lack skill and knowledge act as a restraint to the virtual data room market. In terms of geography, Virtual data room market is divided into North America, Europe, Asia Pacific, and Latin America. North America is estimated to hold the largest share of a market in forecast period due to increasing acquisitions and mergers, joint ventures, and others business deals hence rise demand for secured data sharing methods or solutions.

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