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eDiscovery Industry Forecast to 2023 - Ricoh, UnitedLex, LDiscovery, Lighthouse eDiscovery, Thomson Reuters, iCONECT Development

07-26-2018 12:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

ReportsWeb

ReportsWeb

ReportsWeb.com added a New Report “2018-2023 Global eDiscovery Market Report Status and Outlook” in its Database. This report presents a comprehensive overview, market shares and growth opportunities of eDiscovery market by product type, application, key companies and key regions.

Over the next five years, Publisher projects that eDiscovery will register a 11.0% CAGR in terms of revenue, reach US$ 27200 million by 2023, from US$ 14500 million in 2017.

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.

Key Brands mentioned in this report - Symantec Corporation, IBM, Xerox Legal Business Services, Exterro, EMC, Epiq Systems, HPE, Kcura Corporation, Accessdata, FTI Technology, Deloitte, Advanced Discovery, DTI, Consilio, Kroll Ontrack, Zylab, Guidance Software, Integreon, KPMG, FRONTEO, Recommind, Veritas, Navigant, PwC, Ricoh, UnitedLex, LDiscovery, Lighthouse eDiscovery, Thomson Reuters, iCONECT Development

Request a Sample at http://www.reportsweb.com/inquiry&RW00012165145/sample

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.

E-discovery is becoming an increasingly important consideration for almost all organizations as a result of the enormous number of civil cases filed each year, the growing proportion of business records that are stored electronically, new statutes at all levels of government focused on electronically-stored information, and a growing body of court rulings that are making the discovery and presentation of electronic data more important.

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.

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Research objectives -

To study and analyze the global eDiscovery market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of eDiscovery market by identifying its various subsegments.
Focuses on the key global eDiscovery players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the eDiscovery with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of eDiscovery submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents –

1 Scope of the Report

2 Executive Summary

3 Global eDiscovery by Players

4 eDiscovery by Regions

5 Americas

6 APAC

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Global eDiscovery Market Forecast

11 Key Players Analysis

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

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