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Virtual Data Rooms - Global Strategic Business Report

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    Report

  • 460 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2769234

Global Virtual Data Rooms Market to Reach $5.1 Billion by 2030

The global market for Virtual Data Rooms estimated at US$1.8 Billion in the year 2022, is projected to reach a revised size of US$5.1 Billion by 2030, growing at a CAGR of 13.8% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 12.5% CAGR and reach US$2.7 Billion by the end of the analysis period. Growth in the Services segment is estimated at 15.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $557.8 Million, While China is Forecast to Grow at 17.2% CAGR

The Virtual Data Rooms market in the U.S. is estimated at US$557.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$766.4 Million by the year 2030 trailing a CAGR of 17.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.3% and 13.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.9% CAGR.

Select Competitors (Total 37 Featured)

  • Citrix Systems, Inc.
  • Box, Inc.
  • Datacore Software
  • Datasite LLC
  • TransPerfect
  • IntraLinks, Inc.
  • Corporatek Inc.

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Virtual Data Rooms Market

What is the estimated value of the Virtual Data Rooms Market?

The Virtual Data Rooms Market was estimated to be valued at $1.8 Billion in 2022.

What is the growth rate of the Virtual Data Rooms Market?

The growth rate of the Virtual Data Rooms Market is 13.9%, with an estimated value of $5.1 Billion by 2030.

What is the forecasted size of the Virtual Data Rooms Market?

The Virtual Data Rooms Market is estimated to be worth $5.1 Billion by 2030.

Who are the key companies in the Virtual Data Rooms Market?

Key companies in the Virtual Data Rooms Market include Citrix Systems, Inc., Box, Inc., Datacore Software, Datasite LLC, TransPerfect, IntraLinks, Inc. and Corporatek Inc..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • An Introduction to Virtual Data Rooms
  • End-use Segments
  • Major Users of VDR
  • Benefits of VDRs
  • Advantages of Virtual Data Rooms over Physical Data Rooms
  • Virtual Data Rooms Redefining Business Landscape
  • Market Prospects and Outlook
  • IT & Telecom to Remain Primary Industry Vertical
  • Developed Regions Lead, China and Asia-Pacific Exude Immense Growth Potential
  • VDRs Grow in Popularity as New Business Dynamics Emerge as a Result of Hyperconnected Business Ecosystems
  • Indispensable Need for File Sharing as Measured by the Ballooning EFSS Market to Expand Market Opportunity for VDRs: Global Enterprise File Sharing & Synchronization (EFSS) Market Size (in US$ Billion) for the Years 2019, 2021, 2023 and 2025
  • Recent Market Activity
  • Virtual Data Rooms - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • Ansarada Pty Ltd. (Australia)
  • BMC Group, Inc. (USA)
  • Box, Inc. (USA)
  • Brainloop AG (Germany)
  • CapLinked (USA)
  • Citrix Systems, Inc. (USA)
  • Donnelley Financial Solutions, Inc. (USA)
  • Drooms (Germany)
  • EthosData (UK)
  • Firmex, Inc. (Canada)
  • HighQ Solutions Limited (UK)
  • iDeals™ Solutions Group (UK)
  • Intralinks Holdings, Inc. (USA)
  • Merrill Corporation (USA)
  • SecureDocs, Inc. (USA)
  • ShareVault (USA)
  • Shield Docs (Australia)
  • TransPerfect (USA)
  • Vault Rooms, Inc. (USA)
3. MARKET TRENDS & DRIVERS
  • VDR Market Poised to Benefit from the Escalating Demand for Cost-effective Data Storage Solutions
  • Worldwide Digital Data Generated (in Zetabytes) for the Years 2017, 2019, 2021, 2023 & 2025
  • Cloud Computing Technology Provides the Inspiration for the Emergence of the VDR Service Model
  • Growing Spending on Public Cloud Services Coupled With Technology Improvements in the Quality of Cloud Hosted Services Drive the Commercial Value of VDRs: Global Public Cloud Computing Market (in US$ Billion) by Segment for the Years 2019 and 2022
  • The Integration of Artificial Intelligence into VDRs Marks the Most Important Technology Trend in the Market
  • Growing Clout of Artificial Intelligence (AI) to Encourage Use of the Technology in VDRs: Global AI Market (in US$ Million) for the Years 2019, 2021, 2023 and 2025
  • Sophisticated AI Tools Expedite Preparation of Virtual Data Rooms for M&A and Real Estate Deals
  • Combination of Blockchain with Virtual Data Rooms to Offer Unprecedented Data Security
  • Growing Threat of IP Infringement Drives Adoption of VDRs in the Manufacturing Industry
  • Remarkable Rise in Patent Filing Activity & Ensuing Risk of Litigation and Infringement Spur the Importance of VDRs for Secure File Sharing: Global Number of Patent Applications Filed for the Years 2010, 2012, 2014, 2016 and 2018
  • Number of Patent Applications Filed by Select Countries for the Year 2018
  • Global Economic Outlook & VC Funding & Investments Determined Demand for VDRs for Private Equity & Venture Capital
  • GDP Recovery Essential to Eliminate the Ambiguous Effect of Uncertainty on Investor Investments: World Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2021
  • Decline in Economic Policy Uncertainty (EPU) Vital for Improvement in Venture Capital Investments & Use of VDRs for Equity Investments, Buy Outs & Fund Raising: Global EPU Index for the Years 2016-2019
  • Increase in Global Venture Capital Investments Expands Business Opportunity for VDRs: Global Venture Capital Investments (in US$ Billion) for the Years 2015-2018
  • Bankruptcy Completion Procedures Remain a Major Opportunity for VDR Services
  • Bankruptcy Remains a Large Opportunity for VDR Services: Number of Companies Filing for Bankruptcy in Select Countries for the Year 2018
  • Use of VDRs in the Life Sciences Industry Posts Strong Growth
  • Growing Clinical Trials Market & Increased Acceptance of Outsourcing Services to Drive the Commercial Value of VDRs: Global Clinical Trials Market (in US$ Billion) for the Years 2019, 2021, 2023 and 2025
  • VDRs Storm into the Spotlight for Behind the Scenes Heavy Lifting of M&A Deal Processing
  • Rise in M&A Deal Value Amplifies the Importance of VDRs in Structuring a Successful M&A Deal: Global M&A Deal Value (in US$ Billion) for the Years 2010-2019
  • AI Presents Effective M&A Toolbox amidst Data Proliferation
  • Growing Significance of Virtual Data Rooms for Early Stage Startups
  • Connected Enterprise, Workforce Mobility & the Emerging BYOD Era Highlights the Importance of Secure File Sharing
  • Growing Enterprise Spending on BYOD Programs to Benefit Use of VDR Services for Secure File Sharing Among BYOD Employees: Global Spending on BYOD (in US$ Billion) for the Years 2019, 2021, 2023 and 2025
  • SMBs to Drive Demand for VDRs
  • Growing Focus on e-Discovery Management & Litigation Support Spurs Market Opportunities
  • Increased Focus on Risk Management & Ensuing Rise in Importance of Due Diligence to Benefit VDR Market
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Virtual Data Rooms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Virtual Data Rooms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 3: World 16-Year Perspective for Virtual Data Rooms by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 6: World 16-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 9: World 16-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Large Enterprises by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Large Enterprises by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 12: World 16-Year Perspective for Large Enterprises by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for SMEs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 14: World Historic Review for SMEs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 15: World 16-Year Perspective for SMEs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 17: World Historic Review for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 18: World 16-Year Perspective for IT & Telecom by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Retail & eCommerce by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Retail & eCommerce by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 21: World 16-Year Perspective for Retail & eCommerce by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 23: World Historic Review for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 24: World 16-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Other Verticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Other Verticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 27: World 16-Year Perspective for Other Verticals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 28: World Virtual Data Rooms Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • CANADA
  • JAPAN
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • EUROPE
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • FRANCE
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • GERMANY
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • ITALY
  • UNITED KINGDOM
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • AUSTRALIA
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
  • INDIA
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • Virtual Data Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Citrix Systems, Inc.
  • Box, Inc.
  • Datacore Software
  • Datasite LLC
  • TransPerfect
  • IntraLinks, Inc.
  • Corporatek Inc.