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Report Type: On-Demand
Report Format: PDF DataSheet
Report ID: IS&S316 
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eDiscovery Market: Global Industry Analysis, Size, and Forecast, 2019-2031

Report Format: PDF DataSheet |   Pages: NA  

 Publishing Soon  | 

eDiscovery Market Introduction

eDiscovery has become a buzz word across regulatory authorities and all size of enterprises with increasing inclination of these organizations to enhance investigation process. It is a process of classifying, collecting, producing and discovering electronically stored information (ESI) in response to other parties in civil litigation or lawsuit. Such electronic information includes documents, databases, emails, voicemails, social media, and audio & video files. Efficient eDiscovery process is based on electronic discovery reference model (EDRM) that offers a proficient approach and structure to end-users to understand this process from beginning to the end.

Drivers & Restraints

Growing number of litigations and investigations across the globe is accelerating the adoption of eDiscovery software and services at a rapid pace. This, in turn, is fueling the growth of the eDiscovery market. Also, the explosion of big data due to increasing volume of ESI across enterprises and emergence of predictive coding supplemented by stringent government regulation to preserve data in electronic format is encouraging end-user organizations to adopt eDiscovery solutions. Aforementioned factors are expected to boost the growth of the eDiscovery market over the forecast period. However, high-cost associate with performing eDiscovery process is projected to hinder the uptake of eDiscovery solutions and services across enterprises especially in developing regions.

Trends

Growing trend of bring your own devices (BYOD) across large, mid- and small-enterprises in developed as well as developing regions is resulting in growth of electronic data on various mobile devices. This is driving demand for mobile-based eDiscovery solutions in general. Also, demand for cloud-based eDiscovery software is increasing as organizations are increasingly moving towards cloud-based services and technology to reduce the cost associated with in-house IT infrastructure.

Market Scope

The global eDiscovery market can be segmented by type, deployment model, and end-user.

a) Type

  • Software
    • Processing & Review Application
    • Case Assessment Application

  • Service
    • Processing
    • Collection
    • Review Service

b) Deployment Model

  • On-premise
  • Cloud

c) End-user

  • Government and Regulatory Bodies
  • Enterprises (large, mid- and small-sized enterprises)
  • Law-firms

Regional Outlook

Key region covered in the eDiscovery Market are North America, Latin America, Europe, Asia Pacific and Middle East & Africa (MEA). North America is the largest contributor to the global eDiscovery market revenue, followed by Europe. Spending by end-users on eDiscovery solutions and services in Asia Pacific is anticipated to expand at the highest CAGR during the forecast period (2017-2023).

eDiscovery Market Competitive Landscape

Major players in the global eDiscovery market are focused towards acquiring small vendors, as a part of their strategic move to enter the regional market and strengthen their existing software and services portfolio to buy out the competition in long term. In addition, strategic partnerships and collaborations between global players have become a major trend in the global eDiscovery market. The eDiscovery market structure in the comprise eDiscovery platform provider, software providers and services providers.

Key players operating in the eDiscovery software domain includes HP Autonomy, Guidance Software Inc., IBM Corporation, Symantec Corporation, and EMC Corporation. Whereas, major services providers in the eDiscovery market is FTI Consulting Inc., Xerox Corporation, Navigation Consulting Inc., and Integration Managed Solutions Inc.

The research study would provide an in-depth assessment of the eDiscovery market and include reliable analysis, insights, facts and industry-validated market estimation and projections, supplemented by appropriate assumptions, methodologies, and approaches. Insights and analysis on various market segments such as by type, deployment model, end-user, and region included in this research report scope.

Major Regions/Countries include:

  • North America
    • United States
    • Canada
  • Western Europe
    • Germany
    • United Kingdom
    • Spain
    • France
    • Italy
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific (APAC)
    • Japan
    • China
    • India
    • ASEAN
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of MEA

This research report on eDiscovery market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.

*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]