Virtual Data Rooms Market: Online Data Security Is a Key Concern Hindering the Global Market Growth
Data rooms are referred as online rooms which are used for data exchange and storing transactions. However, the disclosure of information during the transaction depends on the authority or the vendor. Conventionally, physical data rooms were used while the diligence processes were carried between two parties. However, to minimize the cost involved in managing physical data rooms, virtual data rooms evolved. A virtual data room is an extranet which provides a repository of data that is hosted online and is...
View full press release