Industry Analysis & Industry Trends
Driving industry growth has been the economy-wide transition toward providing services online. And the time and money savings this industry offers to virtual data rooms (VDRs) users to examine confidential documents has made them enormously valuable to investors. Because of this additional value, the ability of users to access otherwise secret information can greatly expand the number of investors to whom they can offer such access. Due to these factors, IBISWorld anticipates the industry to continue growing strongly, even amid weak financial markets, as the value of this industry's services becomes more widely accepted. Weak financial markets may even benefit this industry since bankruptcy-induced buyouts are major uses of this industry's product.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Virtual Data Rooms industry is in the growth stage of its economic life cycle. The industry is characterized by strong growth as a result of an increasing percentage of business transactions done online, rapid growth in acceptance of industry products and services and a large number of new players continuing to enter the industry. Despite a slowdown in 2008 and 2009 as a result of the recession, the industry has experienced strong year on year improvements in revenue as more businesses take advantage of the cost and time-efficiency of virtual data rooms.
Industry value added (IVA), used to measure an industry's contribution to the overall economy, is projected to increase by an annualized 13.6% over the 10 years through 2018... purchase to read more