Market Share of Virtual Data Room Industry
The virtual data room market is highly competitive and consists of several major players. Few of the players are expanding their existing businesses across emerging economies with innovations in cloud and storage technology. Some of the new companies are increasing their market presence by moving across the untapped market space.
In January 2022, AvePoint introduced Confide, a virtual data room, to aid companies in managing their demands for sensitive data and collaborating more securely. Confide is the only virtual data room completely connected with Microsoft 365 and housed on the user's cloud tenancy, offering the highest level of security and initiation effectiveness.
Virtual Data Room Market Leaders
Vault Rooms Inc.
Citrix Systems Inc.
Drooms GmbH
ShareVault
Ethos Data
*Disclaimer: Major Players sorted in no particular order
