Europe Virtual Data Room Market

Market Introduction

The Europe virtual data room market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena.  Currently, fossil fuels are being exploited at an accelerating rate, owing to the increasing consumption of energy every year. Continuous introduction of technologically advanced products, such as electric cars, solar panels, or bioenergy facilities, slowdown the depletion of energy sources. However, prominent research and technology organizations across the region are exploring new and better energy solutions. Thus, the renewable energy industry has established itself as one of the most vital industries with increasingly positive growth prospects. Similar to major projects across multiple industries, storing the documentation connected to renewable energy becomes crucial for information and data-sharing with significant third parties and people within the organization. A virtual data room provides an efficient and secure platform for all major decision-makers and stakeholders within the organization to make well-informed decisions in a timely and effective manner. These data rooms provide top-of-the-line security features, optimized due diligence process, efficient cooperation process of teams, and integration of multiple third-party tools. Therefore, the efficiency and optimization that VDR provides to momentous renewable energy industry players create ample growth opportunities for the market..

The information technology plays an important role in successful implementation of work-from-home model in many European countries. There was a huge fall in the number of merger and acquisition (M&A) deals across the region from 2019 to 2020. For instance, in 2020, ~2,600 deals were completed in the UK, registering the decrease of 13% than that in 2019. However, the reopening of economies and successful implementation of vaccine drives have encouraged several big M&A deals to accelerate growth, expansion, and market share. For instance, a consortium of investors led by Cassa depositi e Prestiti S.p.A. acquired an 88.06% stake of Autostrade per l'Italia S.p.A in mid-2021, which is the largest M&A deal in Europe in 2021 so far. Additionally, the adoption of work-from-home model has created a significant demand for digital solutions for data management and collaboration, such as virtual data rooms. Furthermore, the upcoming integration of machine learning and AI algorithms to manage and sort virtual data has created positive prospects for key players in the European virtual data room market as a large number of stakeholders are concerned about data accuracy and security from cyberattacks.

Europe Virtual Data Room Strategic Insights

Strategic insights for the Europe Virtual Data Room provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Virtual Data Room Report Scope

Europe Virtual Data Room Regional Insights

The geographic scope of the Europe Virtual Data Room refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The virtual data room market in Europe is expected to grow from US$ 388.39 million in 2021 to US$ 934.37 million by 2028; it is estimated to grow at a CAGR of 11.6% from 2021 to 2028.  M&A activities, whether auction processes, acquisitions, or mergers, employ technology to enhance deals' success rate and increase productivity. A virtual data room (VDR) has emerged as a due diligence tool, which is technology-based. It intends to promote the use and access of a data room in various business processes across multiple industries, such as M&A activities/transactions and financial investments. The due diligence process is performed by equity research analysts, broker-dealers, fund managers, broker-dealers, and companies going through a merger or an acquisition. The due diligence process is segmented into nine key areas: Compatibility audit, financial audit, macro-environment audit, legal/environmental audit, marketing audit, production audit, management audit, information systems audit, and reconciliation audit. All these areas can be conveniently accessed and managed through a virtual data room, making the due diligence process more effective and timelier. Furthermore, several key market players are introducing functionalities utilizing advanced technology for the due diligence process.

Key Market Segments

Based on component, the software segment accounted for the largest share of the Europe virtual data room market in 2020. Based on deployment, the cloud segment accounted for the largest share of the Europe virtual data room market in 2020. Based on organization size, the large enterprises segment accounted for the largest share of the Europe virtual data room market in 2020. Based on business function, the merger & acquisition segment accounted for the largest share of the Europe virtual data room market in 2020. Based on end user, the others segment accounted for the largest share of the Europe virtual data room market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe virtual data room market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Ansarada Group Limited; BMC Group, Inc.; CapLinked; EthosData; iDeals Solutions Group; Intralinks, Inc.; Datasite; Thomson Reuters Corporation and Donnelley Financial Solutions, Inc.

Reasons to buy report

• To understand the Europe virtual data room market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe virtual data room market
• Efficiently plan M&A and partnership deals in Europe virtual data room market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe virtual data room market
• Obtain market revenue forecast for market by various segments from 2019-2028 in Europe region.

Europe Virtual Data Room Market Segmentation

Europe Virtual Data Room Market – By Component

• Software
• Services

Europe Virtual Data Room Market – By Deployment

• On-Premises
• Cloud

Europe Virtual Data Room Market – By Organization Size

• SMEs
• Large Enterprises

Europe Virtual Data Room Market – By Organization Size

• Merger & Acquisition
• Finance
• Marketing and Sales
• Compliance and Legal
• Workforce Management
• Others

Europe Virtual Data Room Market – By End-User

• BFSI
• IT & telecommunication
• Healthcare
• Energy & Power
• Retail
• Others

Europe Virtual Data Room Market – By Country

• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe

Europe Virtual Data Room Market – Company Profiles

• Ansarada Group Limited
• BMC Group, Inc.
• CapLinked
• EthosData
• iDeals Solutions Group
• Intralinks, Inc.
• Datasite
• Thomson Reuters Corporation
• Donnelley Financial Solutions, Inc.