Global eDiscovery Market Emerging Growth Factors, Solutions and Forecasts 2025
Electronic discovery (sometimes known as e-discovery, ediscovery, eDiscovery, or e-Discovery) is the electronic aspect of identifying, collecting and producing electronically stored information (ESI) in response to a request for production in a law suit or investigation.
The growth of the eDiscovery technologies market is also driven by factors, such as an increasing litigation in the Attorneys and Legal Supervisor and enterprise industry. However, factors such as high investment andinstallation cost are hindering the growth of this market.
In order to satisfy e-discovery obligations, organizations should be fully aware of their current and reasonably anticipated information retention obligations, become much more proactive about how they retain and manage data, implement appropriate technology that can archive data and allow legal holds to be implemented easily, and take the other steps necessary to minimize the risks of non-compliance with e-discovery obligations.
Increased litigation and regulation coupled with expanding use cases for eDiscovery software will continue to drive moderate growth in the worldwide eDiscovery market. The data solution market, however, is maturing rapidly as buyers search for automation to solve well-defined problems. To meet maturing needs, eDiscovery Solution and service providers are already creating robust strategies to use existing search and analytics competencies to compete in the white hot content analytics and cognitive solution markets.
In 2017, the global eDiscovery market size was 14500 million US$ and it is expected to reach 33400 million US$ by the end of 2025, with a CAGR of 10.9% during 2018-2025.
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This report focuses on the global top players, covered
Market segment by Regions/Countries, this report covers
Market segment by Type, the product can be split into
Forensic Data Collection
Legal Hold Management
Market segment by Application, split into
Attorneys and Legal Supervisors
Government and Regulatory Agencies
Legal and IT Departments of Enterprises
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Global eDiscovery Market Size, Status and Forecast 2025
1 Industry Overview of eDiscovery
1.1 eDiscovery Market Overview
1.1.1 eDiscovery Product Scope
1.1.2 Market Status and Outlook
2 Global eDiscovery Competition Analysis by Players
2.1 eDiscovery Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Symantec Corporation
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 eDiscovery Revenue (Million USD) (2013-2018)
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
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