openPR Logo
Press release

eDiscovery Market is expected to rise at healthy 16.2% CAGR | Key Players include HP Autonomy, Daegis, Inc., EMC Corporation, IBM Corporation, Symantec Corporation, Epiq Systems

12-05-2018 03:33 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
eDiscovery Market is expected to rise at healthy 16.2% CAGR | Key

Global eDiscovery Market: Snapshot

The rising use of digitalization and advanced technologies have increased the amount of data stored per day in various type businesses and organizations. The large percentage of data is been stored through emails, social networking sites, cloud computing platforms and services, and internal communication systems. In addition, it has been estimated that in the coming years, the volume of ESI is expected to reach 65% per organization. Thus, looking at the stats the demand for eDiscovery has grown significantly and in turn is likely to benefit the market growth.

The increasing demand for eDiscovery services and platforms are projected to benefit the market growth on the coming years. The global eDiscovery market is expected to rise at healthy 16.2% of CAGR during the forecast period between 2014 and 2022. In terms of revenue, the market is projected to reach a valuation of US$21.08 bn by 2022

The tremendous use of social media has created huge growth opportunity for the eDiscovery services and platforms. Nowadays most of the companies are making use of various social media sites such as Twitter, Facebook, and other to expand their online presence that have also created the need for eDiscovery services. However, the cost of this service is high but companies do not have an alternative at present.

Preview Report @ https://www.transparencymarketresearch.com/ediscovery-market.html

Increasing Demand for IT Infrastructure in Emerging Economies to Benefit Market Growth

Based on geography, North America is expected to lead the market and is projected to reach US$10.71 bn by the end of 2022 in eDiscovery services and platforms. The percentage at which North America is projected to rise with is lesser than is currently has. This is due to increasing demand for eDiscovery platforms in Asia Pacific. Rapid industrial revolution in China and India requires well-established IT infrastructure that is likely to benefit the market growth in this region.

However, demand for eDiscovery solutions is still very high in developed economies in Europe and North America. This is due to growing pressure by government authorities with electronic media governance policies that might help in keeping at par the deployment pace of eDiscovery solutions.

Request PDF Sample@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=198

The vendor landscape of the global eDiscovery market includes names of various leading players present in the market. HP Autonomy, Daegis, Inc., EMC Corporation, IBM Corporation, Symantec Corporation, Epiq Systems, Inc., Guidance Software, Inc., and FTI Consulting, Inc., are some of the prominent players mentioned in the report.

Low Cost of Off-Premise Solutions to lead eDiscovery Market in Near Future

The global eDiscovery market is classified on the basis of end users and component. Based on component, the market is divided into services and software which included on-permise software and off-permise software. On- premise eDiscovery solutions are highly preferred due to higher safety and simplicity they provide. Increasing concerns related to data security and integrity on-permise solutions have overpowered the off-permise solutions.

Get TOC@ https://www.transparencymarketresearch.com/report-toc/198

However, this situation is likely to change within few years as off-permise solutions are expected to provide better security and services at a much lower cost than compared with on-premise solutions. The change in terms of their market values between both the solutions will be evident in the near future, where off-permise eDiscovery solutions is projected to reach a valuation of US$4.83bn by the end of 2022. Based on end users, the global eDiscovery market is categorized on the basis of law firms, government and regulatory agencies, and enterprises (small, medium, and large sized).

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: http://www.techyounme.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release eDiscovery Market is expected to rise at healthy 16.2% CAGR | Key Players include HP Autonomy, Daegis, Inc., EMC Corporation, IBM Corporation, Symantec Corporation, Epiq Systems here

News-ID: 1419558 • Views: 171

More Releases from Transparency Market Research

Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The

All 5 Releases


More Releases for CAGR

Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020
Biofertilizers Market witnessing a CAGR of 13.3%
Reports And Markets Publish a New Market Research Report On –"Biofertilizers Market - By Microorganism, Application and Geography - Trends and Forecasts (2016 -2021)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071907-global-biofertilizers-market-by-microorganism-application-forecasts-2016-2021 Market Insights The global biofertilizers market, estimated at USD 590.9 million in 2015, is projected to reach USD 1.23 billion by 2021, witnessing a CAGR of 13.3% during the forecast period. The biofertilizers market is highly fragmented, with many small