Asia Pacific Virtual Data Room Market

Market Introduction

The Asia Pacific 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 COVID-19 pandemic has drastically impacted ICT budgets of major companies in Asia Pacific. According to various reports, countries in the region are experiencing 5–7% decline in ICT expenditure. However, senior decision makers continue to consider technology investments as a feasible way to help steer their organizations through COVID-19. According to a report by Asian Development Bank, digital platforms, including technology-based tools provide vast growth opportunities for business of different sizes in Asia Pacific, which can significantly result in a sustainable recovery from the adverse effects of the pandemic. Industry experts claim that countries in this region have gained from rapid technological progress and digitalization.

Market Overview and Dynamics

The virtual data room market in Asia Pacific is expected to grow from US$ 303.18 million in 2021 to US$ 934.67 million by 2028; it is estimated to grow at a CAGR of 15.1% 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 Asia Pacific virtual data room market in 2020. Based on deployment, the cloud segment accounted for the largest share of the Asia Pacific virtual data room market in 2020. Based on organization size, the large enterprises segment accounted for the largest share of the Asia Pacific virtual data room market in 2020. Based on business function, the merger & acquisition segment accounted for the largest share of the Asia Pacific virtual data room market in 2020. Based on end user, the others segment accounted for the largest share of the Asia Pacific 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 Asia Pacific 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.; Brainloop AG; CapLinked; EthosData; iDeals Solutions Group; Intralinks, Inc.; Datasite; Thomson Reuters Corporation and Donnelley Financial Solutions, Inc.

Reasons to buy report

• To understand the Asia Pacific 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 Asia Pacific virtual data room market
• Efficiently plan M&A and partnership deals in Asia Pacific 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 Asia Pacific virtual data room market
• Obtain market revenue forecast for market by various segments from 2019-2028 in Asia Pacific region.

Asia Pacific Virtual Data Room Market Segmentation

Asia Pacific Virtual Data Room Market – By Component

• Software
• Services

Asia Pacific Virtual Data Room Market – By Deployment

• On-Premises
• Cloud

Asia Pacific Virtual Data Room Market – By Organization Size

• SMEs
• Large Enterprises

Asia Pacific Virtual Data Room Market – By Organization Size

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

Asia Pacific Virtual Data Room Market – By End-User

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

Asia Pacific Virtual Data Room Market – By Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of Asia Pacific

Asia Pacific Virtual Data Room Market – Company Profiles

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

Asia Pacific Virtual Data Room Market Strategic Insights

Asia Pacific Virtual Data Room Market Segmentation Analysis

Asia Pacific Virtual Data Room Market Report Highlights

Asia Pacific Virtual Data Room Report Scope

Asia Pacific Virtual Data Room Market Country and Regional Insights