Virtual Data Rooms
Over the five years to 2018, the Virtual Data Rooms industry has experienced strong growth as it becomes a standard tool in many businesses. Due to the significant time and money savings that virtual data rooms offer, their usage has experienced dramatic growth, boosted by increased demand from key clientele such as private equity, venture capital and law firms. Furthermore, the industry is expected to continue to grow rapidly over the five years to 2023, as businesses continue to become more comfortable using online services and transition away from physical data rooms. Revenue will further be boosted by continued demand from key downstream sectors.
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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