Virtual data room market worth 1,895.0 million USD by 2022

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The virtual data room market was valued at USD 856.7 Million in 2016 and is projected to reach USD 1,895.0 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 14.8% during the forecast period. The base year considered for this report is 2016, and the market forecast period is 2017–2022.

The report “Virtual Data Room Market by Business Function (Marketing & Sales, Legal, Finance, Workforce Management), Component (Software and Services), Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2022”, The virtual data room market size is expected to grow from USD 949.2 Million in 2017 to USD 1,895.0 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 14.8% during the forecast period. The need to streamline the document sharing process during numerous business deals is the key factor driving the virtual data room market.

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