Market Overview:
The Global Deal Tracker as a Service (DTaaS) Market size is expected to grow from USD 1026.26 million in 2022 to USD 2434.11 million by 2030, at a CAGR of 11.4 % during the forecast period (2023-2030).
Deal Tracker as a Service (DTaaS)enables seamless, real-time monitoring of trade operations, comprehensive tracking of net positions, and efficient data archiving for easy retrieval and compliance adherence. By embracing cloud deployment, DTaaS eliminates the need for on-site software installation and local data storage expenses. It delivers a fully managed solution that furnishes intricate insights into diverse industry sectors across the globe, encompassing mergers and acquisitions (M&A), private equity, venture finance, private placement transactions, initial public offerings (IPOs), and partnerships. Through its cloud-centric approach, DTaaS further eradicates the costs associated with local software deployment and data storage, providing a streamlined and cost-effective service.
Top Key Players in Deal Tracker as a Service (DTaaS) Market:
Amazon Web Services, Inc. (U.S.), Dell Inc. (U.S.), Zebra Technologies Corp. (U.S.), Trimble Inc. (U.S.), Stanley Black & Decker, Inc. (U.S.), IBM Corporation (U.S.), Microsoft (U.S.), Oracle (U.S.), Atos S.E. (France), H.P. Development Company L.P. (U.S.), Lenovo PCCW Solutions Limited (U.S.), Datalogic SpA (Italy), KELLTON TECH (India), DXC Technology Company (U.S.), Hexaware Technologies Limited (India), Infosys Limited (Bengaluru), TIBCO Software Inc. (U.S.), ANSYS Inc (U.S.), SAP SE (Germany), and other major players.
Market Dynamics and Factors for Deal Tracker as a Service (DTaaS) Market:
Drivers:
A Rise in The Need for Accountability and Transparency in The Corporate World, Particularly Among Venture Capitalists and Private Equity Firms
The increasing demand for enhanced accountability and transparency within the corporate landscape, especially evident among venture capitalists and private equity firms, is a significant driving force behind the expansion of the Deal Tracker as a Service (DTaaS) market.
As businesses strive to maintain integrity and foster trust with stakeholders, there is a heightened emphasis on disclosing accurate and comprehensive information regarding financial transactions, investments, and partnerships. Venture capitalists and private equity firms, being pivotal players in the financial ecosystem, are under mounting pressure to demonstrate responsible and transparent practices.
Opportunities:
Augmenting the Number of Research and Development Activities Along with Technological Innovations
The escalating volume of research and development (R&D) endeavors, coupled with a surge in technological innovations, presents a compelling opportunity for the growth and expansion of the Deal Tracker as a Service (DTaaS) market.
In the ever-evolving landscape of industries, businesses are continually investing in R&D activities to pioneer new products, services, and technologies. This heightened focus on innovation results in a higher frequency of complex transactions, mergers, acquisitions, and partnerships. As a consequence, the need for a robust and comprehensive tracking and documentation solution becomes paramount.
Segmentation Analysis of the Deal Tracker as a Service (DTaaS) Market:
By Type, the Private Cloud segment had the largest market share. The integration of Private Cloud technology into the Deal Tracker as a Service (DTaaS) market brings forth a powerful synergy that enhances data security, control, and customization for businesses engaged in complex financial transactions.
By Application, BFSI is likely to dominate in this area. DTaaS provides real-time monitoring and meticulous tracking of intricate financial transactions, enabling BFSI institutions to maintain a comprehensive overview of deal activities, investments, and partnerships.
Regional Analysis of the Deal Tracker as a Service (DTaaS) Market:
North America is poised to maintain its leadership in terms of revenue share and is projected to sustain its prominent position throughout the forecast period. This is attributed to the rapid advancements in automation technology, particularly evident in the logistics and transportation sectors within the region. The widespread adoption of delivery and warehouse robots is experiencing rapid growth, fueling the increased preference for these services.
Key Industry Development:
In March 2019, Refinitiv introduced Deal Tracker as a Service (DTaaS), a cloud archiving and compliance solution for FX post-trade flow sourced from Refinitiv FXT. DTaaS is an extension of Refinitiv Deal Tracker, a suite of tools for monitoring and processing FX trades on all major foreign exchange platforms globally, both front and back office.
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- US
- Canada
- Mexico
Eastern Europe
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Russia
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
