A Virtual Data Room (VDR) is a physical or cloud-based space where organizations can store and share confidential information with authorized users. VDRs are commonly used during mergers and acquisitions (M&A) transactions, initial public offerings (IPOs), and other types of business deals that require the exchange of sensitive information. They provide a secure, centralized location for storing and sharing documents.
VDRs typically include features such as watermarking, document tracking, and expiry dates to ensure that only authorized users have access to the information, and that it is not tampered with. They may also offer features such as granular permissions, which allow users to only view certain parts of a document, or download it for a limited time.
Key Trends and Drivers
The key trends in Virtual Data Room Market are:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook