DUBLIN, April 19, 2023 /PRNewswire/ — The “Virtual Data Rooms: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

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

In the changed post COVID-19 business landscape, 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. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 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.

Looking Ahead to 2023

Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand.

With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year.

Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New for 2023?

• Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies – Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

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
• Virtual Data Rooms – Global Key Competitors Percentage Market Share in 2022 (E)

MARKET TRENDS & DRIVERS

• VDR Market Poised to Benefit from the Escalating Demand for Cost-effective Data Storage Solutions
• 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
• 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
• 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 Economic Outlook & VC Funding & Investments Determined Demand for VDRs for Private Equity & Venture Capital
• Decline in Economic Policy Uncertainty (EPU) Vital for Improvement in Venture Capital Investments & Use of VDRs for Equity Investments, Buy Outs & Fund Raising
• Increase in Global Venture Capital Investments Expands Business Opportunity for VDRs
• Bankruptcy Completion Procedures Remain a Major Opportunity for VDR Services
• Bankruptcy Remains a Large Opportunity for VDR Services
• 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
• 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
• 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
• 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

FOCUS ON SELECT PLAYERS (Total 37 Featured)

• 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)
• iDealsT Solutions Group (UK)
• Intralinks Holdings, Inc. (USA)
• Merrill Corporation (USA)
• SecureDocs, Inc. (USA)
• ShareVault (USA)
• Shield Docs (Australia)
• TransPerfect (USA)
• Vault Rooms, Inc. (USA)

For more information about this report visit https://www.researchandmarkets.com/r/g0jeyu

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