eDiscovery Market is Gaining Momentum, Growing at a CAGR of 11%| Key Players Evolved Microsoft, IBM, micro focus, FTI, zylab, EPIQ, fronteo

HTF Market Intelligence released a new research report of 80 pages on title 'Global eDiscovery Market Size study, by Component (Software (Processing, Review and Analysis, Identification, Preservation and Collection, and Production and Presentation) and Services), by Deployment Type (on-premises, cloud), by Organization Size (small & medium size enterprises, large enterprises), by Vertical (Government & public sector, legal, energy & utilities, manufacturing) and by Regional Forecasts 2017-2025' with detailed analysis, forecast and strategies.

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Summary

Global eDiscovery Market to reach USD 23.3 billion by 2025. Global eDiscovery Market valued approximately USD 9.1 billion in 2016 is anticipated to grow with a healthy growth rate of more than 11% over the forecast period 2017-2025. Decreasing the operational budget of legal departments and increasing number of litigations are expected to drive the market across all regions. The need to adhere to regulatory policies and laws worldwide, and increase in the usage and penetration of mobile devices are other factors expected to drive the growth of the market. The rise in demand for predictive coding and increase in the usage of social media are expected to offer great opportunities for eDiscovery vendors.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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By Component:

§ Software
o Processing
o Review
o Analyses
o Identification
o Preservation
o Collection
o Production
o presentation
§ services

By Deployment type:

§ on-premises
§ cloud

By Organization size:

§ small & medium size enterprises
§ large enterprises

By Vertical:

§ government & public sector
§ legal
§ energy & utilities
§ manufacturing

By Regions:
§ North America
o U.S.
o Canada
§ Europe
o UK
o Germany
§ Asia Pacific
o China
o India
o Japan
§ Latin America
o Brazil
o Mexico
§ Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market opentext, nuix, Microsoft, IBM, micro focus, FTI, zylab, EPIQ, fronteo, relativity, logikcull, cloudnine, driven, IPRO, veritas, delottie, ricoh. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global EDiscovery Market in Market Study:

§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investor

Companies Mentioned in the Report

Opentext
Overview
Financial (Subject to Data Availability)
Product Summary
Recent Developments
nuix
microsoft
IBM
Micro focus
FTI
IPRO
Veritas
Delottie
ricoh

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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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