Are you looking to add Virtual Data Room to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Virtual Data Room statistics of 2024.
My team and I scanned the entire web and collected all the most useful Virtual Data Room stats on this page. You don’t need to check any other resource on the web for any Virtual Data Room statistics. All are here only 🙂
How much of an impact will Virtual Data Room have on your day-to-day? or the day-to-day of your business? Should you invest in Virtual Data Room? We will answer all your Virtual Data Room related questions here.
Please read the page carefully and don’t miss any word. 🙂
On this page, you’ll learn about the following:
Best Virtual Data Room Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 50 Virtual Data Room Statistics on this page 🙂Virtual Data Room Market Statistics
- And more than 70% of that revenue was made from the 5 largest firms in the market. [0]
- The global virtual data room market size was valued at $1.3 billion in 2018, and is projected to reach $3.63 billion by 2026, growing at a CAGR of 13.70% from 2019 to 2026. [1]
- According to recent reports, the virtual data room market is valued between $1.3 billion and $1.49 billion globally. [2]
- According to a 2019 Grand View Research report, BFSI accounted for one fifth of the market. [2]
- In 2019, North America held 35% of the market share. [2]
- The global Virtual Data Room market size to grow from USD 1.6 billion in 2021 to USD 3.2 billion by 2026, at a Compound Annual Growth Rate of 14.5% during the forecast period. [3]
- The global virtual data room market size was valued at USD 1.49 billion in 2019 and is expected to grow at a compound annual growth rate of 14.7% from 2020 to 2027. [4]
- The cloud based segment held a market share exceeding 65% of the global revenue share in 2019. [4]
- The large enterprise segment attained a market share of over 70% in 2019. [4]
- Business Function Insights The finance segment held a leading market share of approximately 40% in 2019. [4]
- The banking, financial services, and insurance segment accounted for a market share of over 20% in 2019. [4]
- The global virtual data room market size was estimated at USD 1,486.24 million in 2019 and is expected to reach USD 1,578.91 million in 2020. [4]
- The global virtual data room market is expected to grow at a compound annual growth rate of 14.7% from 2020 to 2027 to reach USD 4,122.72 million by 2027. [4]
- North America dominated the virtual data room market with a share of more than 35% in 2019. [4]
Virtual Data Room Adoption Statistics
- Moreover, the adoption of virtual data room solutions across real estate vertical is estimated to grow at a notable CAGR, i.e., 13.8% from 2020 to 2027. [4]
Virtual Data Room Latest Statistics
- This represents a CAGR of 12.9% over a 10. [0]
- World’s 2021 report shows an average of 15% annual growth from 2016. [0]
- Smaller firms are staying relevant by providing more niche solutions and with the continued use of VDRs, predictions estimate annual growth of VDR providers to be 12%. [0]
- attach_money Market Size $1bn business Number of Businesses 383 poll Average Industry Profit Margin x.x% Purchase this report or a membership to unlock the average company profit margin for this industry. [5]
- Providing virtual data rooms for licensing, real estate and intellectual property rights Providing virtual data rooms for document warehousing and other purposes 00.5% increase 0. [5]
- Available to download in PNG, PDF, XLS format 33% off until Jun 30th. [6]
- For instance, till September 2017, the demand from venture capital firms represented 39.8% of total revenues for the virtual data rooms industry. [1]
- AsiaPacific would exhibit the highest CAGR of 19.90% during 2019. [1]
- What is more impressive is that by 2025 these numbers are expected to grow $2.7 billion, at a compound annual growth rate of 14.4%. [2]
- An international Gartner, Inc. survey discovered that as the COVID 19 pandemic emerged, 88% of companies encouraged or required their employees to work remotely. [2]
- Moreover, almost all organizations (97%). [2]
- Approximately 67% of respondents feel that their company’s M&A process will improve due to new digital technologies — the most important of which is the virtual data room. [2]
- Back in 2020, experts predicted that company collaborations would be among the main trends in 2021 — and it happened. [2]
- 2021 has already become a record breaking year for M&A as it set a new record of $ 2.4 trillion, which is 158% more than in the same period last year. [2]
- Because of the COVID 19 pandemic, 66% of employees were forced to work remotely. [2]
- The US FBI reported that the number of cyberattacks has increased by 300% since the beginning of the COVID. [2]
- In 2019, the solution segment held above 70% of the global revenue share. [2]
- According to a recent report by Grand View Research, it is estimated that the AI powered segment of VDRs will grow at a CAGR of nearly 20% between 2020 and 2027. [2]
- Therefore, according to a recent report of Grand View Research, it is projected that the need for virtual data rooms will skyrocket in Asia Pacific countries between 2020 and 2027. [2]
- 80% of fortune 2000 companies rely on our research to identify new revenue sources. [3]
- M&A levels in the US fell by more than 50% in the first quarter to USD 253 billion compared to 2019, but most of those transactions were entered into or closed earlier in the quarter before the crisis spread worldwide. [3]
- One of the statistics that no one ever believes is that all but 10% of the world’s data was created just in the last couple years. [7]
- Right now, experts have estimated that the total revenue of the virtual data room industry is $804 million dollars. [7]
- Component Insights The solution segment accounted for more than 70% of the global revenue share in 2019. [4]
- Consequently, it is expected to shore up the AI powered segment at a CAGR of nearly 20% from 2020 to 2027. [4]
- Regional Insights North America accounted for a revenue share of exceeding 35% in 2019. [4]
- Asia Pacific is estimated to witness the highest CAGR from 2020 to 2027. [4]
- More than manual labour and guesswork Artificial Intelligence and automated scorecards not only automate reporting, they predict outcomes with 97% probability within seven days when using a virtual data room for selling an asset. [8]
- With more than 70% of deal time spent on Q&A, look for a data room that nails this. [8]
- 38% of all actions in the Q&A process involve getting answers reviewed and approved before disclosure, and 90% of all questions take up to six interactions to answer. [8]
- Advances in AI enable you to predict the outcome of a material event with 97% probability by day seven. [8]
- Companies estimate an annual ROI of 25% EXPECT A BETTER VDR EXPERIENCE 15 Years of Content Management. [9]
- According to statistics, more than 13,000 deals with a total value of $1.9 billion were closed in 2019. [10]
- As per the research performed by Intralinks, 90% of the VDR users trust that quality solution plays an important role in the success of M&A Deal. [11]
- Multiple data centers continuously mirror each other to handle even the most extreme scenarios Industry leading 99.95% data room uptime is guaranteed. [12]
I know you want to use Virtual Data Room Software, thus we made this list of best Virtual Data Room Software. We also wrote about how to learn Virtual Data Room Software and how to install Virtual Data Room Software. Recently we wrote how to uninstall Virtual Data Room Software for newbie users. Don’t forgot to check latest Virtual Data Room statistics of 2024.
Reference
- dealroom – https://dealroom.net/blog/virtual-data-room-trends.
- alliedmarketresearch – https://www.alliedmarketresearch.com/virtual-data-room-market.
- dataroom-providers – https://dataroom-providers.org/blog/global-virtual-data-room-market-share/.
- marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/virtual-data-room-market-74439915.html.
- grandviewresearch – https://www.grandviewresearch.com/industry-analysis/virtual-data-room-market.
- ibisworld – https://www.ibisworld.com/united-states/market-research-reports/virtual-data-rooms-industry/.
- statista – https://www.statista.com/statistics/1071250/worldwide-visual-data-room-market-value/.
- openpr – https://www.openpr.com/wiki/virtual-data-room-market.
- ansarada – https://www.ansarada.com/virtual-data-rooms.
- smartroom – https://smartroom.com/.
- datarooms-review – https://datarooms-review.com/m-and-a/.
- softwaretestinghelp – https://www.softwaretestinghelp.com/virtual-data-room-providers/.
- idealsvdr – https://www.idealsvdr.com/.
How Useful is Virtual Data Room
One of the key benefits of virtual data rooms is their ability to streamline and simplify the sharing of information. In today’s fast-paced business environment, time is of the essence, and traditional methods of sharing documents, such as email or postal mail, can be slow and cumbersome. Virtual data rooms allow users to instantly upload and share documents with colleagues, clients, and partners around the world, saving valuable time and increasing productivity.
Furthermore, virtual data rooms offer a high level of security and control over the access to sensitive information. With features such as user permissions, encryption, and audit trails, users can rest assured that their data is protected from unauthorized access and cyber threats. This level of security is especially important for industries that deal with highly sensitive information, such as legal, financial, and healthcare sectors.
Another advantage of virtual data rooms is their cost-effectiveness. Traditional physical data rooms can be expensive and time-consuming to set up and maintain, requiring printing, shipping, and storage costs. On the other hand, virtual data rooms eliminate the need for physical storage space and reduce administrative overhead, making them a more economical option for data management.
In addition, virtual data rooms enable seamless collaboration among users, regardless of their geographical location. By providing real-time access to documents and files, users can collaborate on projects, review and comment on documents, and track changes and revisions, all within a secure online environment. This level of collaboration can foster greater communication and teamwork among team members, leading to better decision-making and outcomes.
Overall, virtual data rooms are a valuable tool for individuals and organizations looking to streamline their data management processes, enhance security, and improve collaboration. While traditional data management methods may still have their place in certain situations, the benefits of virtual data rooms are undeniable in today’s digital landscape. By embracing this technology, users can take advantage of its many features and capabilities to enhance productivity, efficiency, and security in their data management practices.
In Conclusion
Be it Virtual Data Room benefits statistics, Virtual Data Room usage statistics, Virtual Data Room productivity statistics, Virtual Data Room adoption statistics, Virtual Data Room roi statistics, Virtual Data Room market statistics, statistics on use of Virtual Data Room, Virtual Data Room analytics statistics, statistics of companies that use Virtual Data Room, statistics small businesses using Virtual Data Room, top Virtual Data Room systems usa statistics, Virtual Data Room software market statistics, statistics dissatisfied with Virtual Data Room, statistics of businesses using Virtual Data Room, Virtual Data Room key statistics, Virtual Data Room systems statistics, nonprofit Virtual Data Room statistics, Virtual Data Room failure statistics, top Virtual Data Room statistics, best Virtual Data Room statistics, Virtual Data Room statistics small business, Virtual Data Room statistics 2024, Virtual Data Room statistics 2021, Virtual Data Room statistics 2024 you will find all from this page. 🙂
We tried our best to provide all the Virtual Data Room statistics on this page. Please comment below and share your opinion if we missed any Virtual Data Room statistics.