Press release
Global eDiscovery Market is expected to garner USD 23.3 billion by 2024 with By Major Vendors: opentext, nuix, Microsoft, IBM, micro focus, FTI
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.
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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:
By Component:
Software
Processing
Review
Analyses
Identification
Preservation
Collection
Production
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
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
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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
Chapter 1. Global EDiscovery Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global EDiscovery Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porters 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global EDiscovery Market, By Component
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Global EDiscovery Market, Sub Segment Analysis
5.3.1. Software
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.3. Software Sub Segments breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.3.1. Processing
5.3.1.3.2. Review
5.3.1.3.3. Analyses
5.3.1.3.4. Identification
5.3.1.3.5. Preservation
5.3.1.3.6. Collection
5.3.1.3.7. Production
5.3.1.3.8. Presentation
5.3.2. Services
……
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