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Virtual Data Room Market worth $5.6 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, Aug. 29, 2024 /PRNewswire/ — The Virtual Data Room Market is projected to grow from USD 2.5 billion in 2024 to USD 5.6 billion by 2029, at a compound annual growth rate (CAGR) of 18.1% during the forecast period, according to a new report by MarketsandMarkets™. The Virtual Data Room Market is expected to grow significantly during the forecast period, by the increasing demand for hierarchical document organization for ease of navigation, the capability to offer unified and centralized access points to assess and efficiently share digital documents and need to streamline the due diligence process and improve collaboration among stakeholders.

Browse in-depth TOC on “Virtual Data Room Market”

321 – Tables
64 – Figures
335 – Pages

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Scope of the Report

Report Metrics

Details

Market size available for years

2019–2029

Base year considered

2023

Forecast period

2024–2029

Forecast units

USD (Billion)

Segments Covered

Offering, Document Type, Technology, Application, End User, and Region

Geographies covered

North America, Asia Pacific, Europe, Middle East & Africa, and Latin America

Companies covered

SS&C Intralinks (US), Box (US), Datasite (US), Thomson Reuters (Canada), Donnelley Financial Solutions (US), Microsoft (US), Google (US), Ansarada (Australia), PandaDoc (US), Egnyte (US), iDeals (UK), SmartRoom (US), Vitrium Security (US), ShareVault (US), ForData (Poland), EthosData (UK), CapLinked (US), Imprima (UK), Midaxo (US), FuseBase (US), Onit (US), FirmsData (India), Confiex Data Room (India), Drooms (Switzerland), Bit.ai (US), DCirrus (India), Virtual Vaults (Netherlands), Firmex (US), Deallink (Brazil), PactCentral (US), and DocullyVDR (UAE).

Increasing demand for hierarchical document organization for ease of navigation.

The Virtual Data Room Market is projected to grow from USD 2.5 billion in 2024 to USD 5.6 billion by 2029, at a compound annual growth rate (CAGR) of 18.1% during the forecast period. The market is expected to grow due to the capability of offering centralized access points for shared digital documents, which reduces time of managing multiple documents from single platform. The increasing demand for document organization simplifies access to specific documents, as virtual data room offers a safe and integrated platform, which improves user experience during audits and transactions and assists real-time collaboration.

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By Software type, the AI-assisted Redaction segment registers for the fastest growing market during the forecast period.

As businesses increasingly manage large volumes of confidential information, manual redaction becomes inefficient and error prone. AI-driven tools can swiftly identify and redact sensitive data across various document types, reducing the risk of human error and ensuring compliance with data protection regulations. Additionally, the growing adoption of AI technologies across industries and the need for secure, efficient data management solutions drive demand for AI-assisted redaction software, making it a key growth area in the Virtual Data Room Market.

By region, Asia Pacific to register the highest CAGR market during the forecast period.

The increase of mergers and acquisition activities, cross and the rising need for secure data management in emerging economies like China, India, and Southeast Asia. The region’s expanding tech infrastructure, coupled with growing awareness of data privacy regulations, drives demand for virtual data room. Additionally, a surge in cross-border transactions and investments in sectors such as technology, finance, and healthcare further fuel the market. Government initiatives promoting digital transformation and foreign investments also contribute to the region’s accelerated growth in the virtual data room sector.

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Top Key Companies in Virtual Data Room Market:

Some major players in the Virtual Data Room Market include SS&C Intralinks (US), Box (US), Datasite (US), Thomson Reuters (Canada), Donnelley Financial Solutions (US), Microsoft (US), Google (US), Ansarada (Australia), PandaDoc (US), Egnyte (US), iDeals (UK), SmartRoom (US), Vitrium Security (US), ShareVault (US), ForData (Poland), EthosData (UK), CapLinked (US), Imprima (UK), Midaxo (US), FuseBase (US), Onit (US), FirmsData (India), Confiex Data Room (India), Drooms (Switzerland), Bit.ai (US), DCirrus (India), Virtual Vaults (Netherlands), Firmex (US), Deallink (Brazil), PactCentral (US), DocullyVDR (UAE).

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Get access to the latest updates on Virtual Data Room Companies and Virtual Data Room Industry

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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MarketsandMarkets™ INC.
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COMPUTEX 2025: Seize Global Tech Opportunities – Registration Now Open!

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TAIPEI, Nov. 13, 2024 /PRNewswire/ — COMPUTEX 2024, organized by the Taiwan External Trade Development Council (TAITRA), attracted global attention with 1,500 exhibitors and over 80,000 attendees, including tech professionals, startups, buyers, and media worldwide. As a premier platform for AI innovation, it solidified COMPUTEX’s position in the global tech scene. The upcoming COMPUTEX 2025 will be held from May 20 to May 23 at Taipei Nangang Exhibition Centers, focusing on the theme “AI Next.” Interested exhibitors are encouraged to register and take advantage of this opportunity to connect with the global tech market.

2025 Main Themes: Embracing AI and Innovation

The theme for COMPUTEX 2025, “AI Next,” focuses on the latest trends in artificial intelligence and how AI will drive industrial transformation in areas like content creation, product design, and manufacturing. By 2025, over half of global data analytics tasks will be cloud-based, with AI-related investments projected to surpass USD 300 billion by 2026. COMPUTEX 2025 will spotlight three main themes: AI Robotics, Next-Gen Tech, and Future Mobility. This focus aims to provide a robust platform for tech companies to present pioneering AI solutions and showcase advancements in robotics, next-gen tech, and mobility.

InnoVEX Pavilion: A Hub for Innovation 

The InnoVEX pavilion, renowned for supporting startups, will continue to be a highlight at COMPUTEX 2025, offering emerging companies an avenue to connect with manufacturing partners and access global distribution networks. This area will host various startup-focused activities, including competitions and product showcases, to attract interest from international venture capitalists and foster collaboration.

Diverse Events and Industry Leader Participation COMPUTEX 2024 concluded with influential keynote speakers, including leaders from AMD, Qualcomm, Intel, MediaTek, Supermicro, NXP, and Delta Research Institute. These leaders provided insights into how cutting-edge technologies can drive the future of AI, making COMPUTEX a critical forum for industry discussion. For 2025, the event will feature similar high-level talks and forums, along with theme-based tours, startup showcases, and procurement matchmaking sessions to facilitate networking and foster partnerships across borders.

Registration for COMPUTEX 2025 Open – A Premier Global Platform 

With registration now open, COMPUTEX 2025 offers a valuable platform for tech companies to enter international markets and form strategic partnerships. The event will feature keynote speeches, themed tours, and business matchmaking sessions, providing both established industry leaders and startups with valuable opportunities for exposure and growth. Don’t miss this unique chance to be part of the global tech scene; register now and visit the official website for more details.

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SOURCE TAITRA

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Medcrypt Expands Strategic Partnerships with BioT, Extra Security, RTI and Stratigos Security to Enhance Cybersecurity in Medical Devices

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Medcrypt Broadens Strategic Partnerships to Strengthen Medical Device Cybersecurity Ecosystem Collaborations with BioT, Extra Security, RTI, and Stratigos Security empower medical device manufacturers with comprehensive cybersecurity solutions, including cryptography, vulnerability management, penetration testing, and FDA compliance support. Together, these partnerships provide enhanced protection across device connectivity, threat detection, and regulatory alignment, meeting the healthcare industry’s growing demand for secure, interoperable technology.

SAN DIEGO, Nov. 12, 2024 /PRNewswire/ — Medcrypt, the leader in proactive security solutions for medical devices, today announced an expansion of its strategic partnerships with BioT, Extra Security, Real-Time Innovations (RTI), and Stratigos Security. This collaborative network aims to deliver an enhanced suite of cybersecurity capabilities, addressing the demand for secure, interoperable technology solutions across the medical device ecosystem.

BioT is the infrastructure for medical device clouds – the secure, simple, and smart foundation for delivering next-generation care.  BioT extends Medcrypt’s software vulnerability capabilities into an analytic and operational platform that executes a business-oriented plan specified for impacted devices, use cases, and organizations, etc. BioT assesses the relevance of what is actually deployed, mitigates according to business risk, and provides proof of mitigation.

Extra Security, a leading cybersecurity consulting firm, specializes in in-depth offensive security assessments covering all aspects of medical devices and their supporting systems. Extra Security provides high-fidelity, FDA-focused security evaluations to Medcrypt customers, supporting FDA submission requirements and strengthening ongoing security programs. This partnership safeguards critical healthcare technologies against evolving cyber threats, ensuring that cybersecurity remains adaptive to the latest risks.

RTI, the leading provider of connectivity software for autonomous systems, enables developers of complex medical technologies—such as surgical robots and patient monitoring devices—to incorporate Medcrypt’s cybersecurity solutions alongside RTI Connext® Security Extensions. This comprehensive, out-of-the-box solution integrates encryption, authentication, and secure communications, providing essential protections while maintaining device performance and supporting compliance.

Stratigos Security, a trusted partner within Medcrypt’s network, plays an essential role in delivering technical cybersecurity solutions with a regulatory focus for the medical device industry. Specializing in penetration testing, vulnerability assessments, and threat modeling, Stratigos Security helps manufacturers integrate robust security measures throughout the device lifecycle. Their approach ensures clarity and alignment for engineers, regulatory affairs teams, and regulators, all working toward achieving comprehensive regulatory readiness in today’s complex compliance landscape.

“By expanding our partnerships with BioT, Extra Security, RTI and Stratigos Security, we can deliver a complete cybersecurity ecosystem tailored to the unique needs of healthcare technology,” said Om Mahida, Vice President of Product Management at Medcrypt. “These collaborations equip our clients with end-to-end security, from connectivity and compliance to threat detection and regulatory strategy, helping them navigate the complex cybersecurity landscape confidently.”

Medcrypt and its partners will engage in joint marketing, co-develop integration demonstrations, and raise industry awareness of the critical importance of cybersecurity in medical devices. Training exchanges between the teams will enhance their expertise, ensuring all parties continue to evolve their solutions in response to cybersecurity’s unique demands within healthcare.

About MedCrypt

Medcrypt is helping healthcare technology companies ensure medical devices are secure by design. We provide cybersecurity products and strategic management consulting to expedite the go-to-market process of medical device manufacturers’ new life-saving connected technologies. Founded in 2016 by a team of healthcare cybersecurity experts, Medcrypt is uniquely positioned to be the security catalyst for medical device manufacturers to design secure, FDA-approved technologies. We continue to work with those paving the way toward safe and reliable medtech.

To date, Medcrypt has raised more than $36 million in funding with participation from Johnson & Johnson Innovations, Intuitive Ventures, and Dexcom Ventures. For more information, please visit www.Medcrypt.com.

Press Contact:

Jenny Bourne
2087618447
http://www.medcrypt.com

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3rd Global Sustainable Rice Conference and Exhibition – Transforming Food, Climate, and People

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Global Conference in Bangkok Invites Participants to Shape the Future of Sustainable Rice 

SINGAPORE, Nov. 13, 2024 /PRNewswire/ — The 3rd Global Sustainable Rice Conference & Exhibition 2024, will be held in Bangkok on 26-27 November 2024, under the theme ‘Sustainable Rice: Food, Climate, and People’. Organized by the Sustainable Rice Platform (SRP), this event underscores the vital role of rice production in addressing global climate challenges and fostering sustainable food systems. Solutions to these challenges are particularly relevant for commercial rice industry actors, development groups and government institutions.

The event offers attendees the opportunity to engage with global and regional experts and stakeholders who are committed to enhancing the resilience and sustainability of rice value chains. Participants will discover innovative solutions and collaborative initiatives, such as the Sustainable Rice Landscapes Initiative and the Global Environment Facility, both designed to drive impactful and scalable change. Attendees will gain valuable insights directly from SRP members and key stakeholders, who will share essential recommendations and lessons learned from their experiences within the SRP framework.

“There’s never been a more important moment for the transformation of the sustainable rice eco-system both in Asia and globally,” said Wyn Ellis, SRP Executive Director, based in Thailand. He highlighted that a shift to more sustainable rice farming practices will be crucial to boost farm livelihoods, enhance food and water security and combat climate change.

Since its launch in 2017, the SRP Conference has emerged as a flagship event and forum for bringing together stakeholders from across the global rice sector. Following the success of the last event in 2019, SRP anticipates over 300 high-level delegates from industry, government, research and development partners joining the conference this year. 

The conference aims to explore the latest innovations, share best practices, and build new partnerships to promote sustainability in rice cultivation and supply chains.

“This event is designed to offer a rich platform to explore the latest tools for impact monitoring- including carbon accounting- and to share knowledge and connect with leaders advancing sustainable practices worldwide,” said Dr. Ellis. “SRP invites attendees to be part of the conversation that will set the stage for sustainable transformation — foster new partnerships, exchange ideas, and help build a more sustainable future for the rice sector!”

Why Attend? 

Learn from leading experts in sustainable rice production.Explore the latest innovations and approaches.Network with stakeholders and peers from around the world.Participate in discussions to catalyze broader change through collaboration.

Event Details: 

Dates: 26-27 November 2024
Time: 9:00 AM – 5:00 PM ICT (GMT+7)
Venue: United Nations Conference Centre, Bangkok, Thailand
Registration:  https://app.glueup.com/event/3rd-global-sustainable-rice-conference-and-exhibition-2024-113133/ 

Join us in Bangkok to shape the future of sustainable rice production!

About the Sustainable Rice Platform: 

The Sustainable Rice Platform (SRP) is a global multi‐stakeholder alliance comprising over 100 institutional members from the public, private, research, civil society and the financial sector.

SRP works with its members and partners towards transforming the global rice sector by improving smallholder livelihoods, reducing the social, environmental and climate footprint of rice production, and by offering the global rice market an assured supply of sustainably produced rice.

SRP promotes resource-use efficiency and climate change resilience in rice systems (both on farm and throughout value chains) and pursues voluntary market transformation initiatives by developing sustainable production standards, indicators, incentive mechanisms, and outreach mechanisms to boost wide-scale adoption of climate-smart, sustainable best practices among small farmers. 

www.sustainablerice.org

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SOURCE Sustainable Rice Platform

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