Virtual Data Rooms in the US - Industry Market Research Report

Virtual Data Rooms in the US - Industry Market Research Report

  • February 2021 •
  • 50 pages •
  • Report ID: 5103488 •
  • Format: PDF
On lock: Growing competition from new entrants will likely constrain industry profit growth

Abstract

Virtual Data Rooms
The Virtual Data Rooms (VDRs) industry provides clients with virtual data rooms, which are secure document sharing and storage solutions geared toward information-sensitive applications such as legal due diligence, mergers and acquisitions, initial public offerings, bankruptcies and more.The industry has experienced strong growth on the way to becoming a standard tool used in several business operations. The development of VDRs has broken down traditional barriers, such as geography and time coordination, enhancing the efficiency of downstream businesses. Over the five years to 2019, the industry has experienced rapidly growing demand from businesses involved in merger and acquisition (M&A), initial public offerings, licensing and real estate investments. The strong performance of these key markets, coupled with increasing adoption of the technology by new users, has enabled the industry’s substantial growth to continue. Over the five years to 2024, the industry is expected to remain on a path of strong growth. Industry demand will continue to be driven by key markets such as law firms, investment banks and venture capital firms. Simultaneously, industry operators will continue to adapt their products to serve new industries and clients, attracting new demand. Industry profit margins are also expected to experience upward movement, as the price of computers and peripheral equipment falls while demand continues to increase.

This industry provides clients with virtual data rooms, which are secure document sharing and storage solutions geared toward legal due diligence, mergers and acquisitions, initial public offerings, bankruptcies and other information-sensitive applications.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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