Industry Analysis & Industry Trends
Over the past five years, a significant number of virtual data rooms (VDRs), which are online repositories for sensitive information, have emerged. Due to the significant time and money savings that VDRs offer, their usage has experienced dramatic growth over the past five years. Moreover, the industry is expected to grow rapidly over the next five years benefiting from a continued transition away from physical data rooms. Driving this growth will be the continued transition toward online services due to the relative ease and speed with which they can be accessed.... purchase to read more
Industry Report - Industry Products Chapter
The Virtual Data Rooms (VDR) industry only offers one product: searchable and interactive storage space for large quantities of data. IBISWorld breaks down the industry's products and services by the types of solutions provided to clients. This single largest segment is the provision of merger and acquisition (M&A) and initial public offering (IPO) solutions.
Mergers and acquisitions, initial public offerings
Mergers and acquisitions and initial public offerings make up the majority of the virtual data rooms' purpose. IBISWorld estimates that this segment accounts for about 61.0% of revenue in 2014. Over the five years to 2014, M&A and IPO activity has risen, leading to stronger demand for VDR storage and solutions... purchase to read more