Virtual Data Rooms in the US Industry Market Research Report Now Available from IBISWorld

Share Article

As business moves online, demand for VDR services grows. For this reason, industry research firm IBISWorld has updated the report on the Virtual Data Rooms industry within its growing industry report collection.

News Image
The industry will continue to grow as the value of its services becomes more widely accepted

Since its relatively recent conception, the Virtual Data Rooms industry has experienced strong growth as it becomes a standard tool in many businesses. Prior to virtual data rooms (VDRs), physical data rooms were used by businesses to review documents and other data in a secure premise. The development of VDRs has broken down traditional barriers such as geographic location and time coordination. Companies are now able to upload data to online servers so that clients may view information without costs associated with travel, physical space rental and opportunity cost of time in transit between locations.

Over the past five years, the industry has experienced the majority of its demand from operators involved in mergers and acquisitions, initial price offerings, licensing and real estate. According to IBISWorld Industry Analyst Dmitry Diment, “The onset of the recession slowed industry growth due to poor performance in these key markets, however, the increasing adoption of technology allowed strong growth to continue.” As a result, the industry has grown at an estimated annualized rate of 16.7% over the five years through 2014. Rising investor sentiment and a greater percentage of services conducted online in 2014 is expected to assist the industry to grow 13.7% to reach $879.9 million in 2014.

Over the next five years, the industry is expected to remain on a path of strong growth. “Demand for the industry will continue to be driven by key markets such as law firms, investment banks and venture capital firms,” says Diment. Industry profit margins are expected to experience downward pressure, as new participants enter the industry. Barriers to entry are moderate because of the requirement for skilled labor and initial capital investment; however, rapid revenue growth and high profit margins are expected to attract new entrants. Enterprises are expected to grow behind the overall industry over the five-year period.

For more information, visit IBISWorld’s Virtual Data Rooms in the US industry report page.

Follow IBISWorld on Twitter:!/IBISWorld
Friend IBISWorld on Facebook:

IBISWorld industry Report Key Topics

The Virtual Data Room industry provides clients with virtual data rooms (VDRs), which are secure document sharing and storage solutions geared toward legal due diligence, mergers and acquisitions (M&A), initial public offerings (IPO), bankruptcies and other information-sensitive applications.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Gavin Smith
+1 (310) 866-5042
Email >
Visit website