Global eDiscovery Market, Top key players are Symantec Corporation, Xerox Corporation, HP Autonomy, Guidance Software Inc., FTI Consulting Inc., EMC Corporation, Navigant Consulting, Integreon Managed Solutions Inc., Catalyst Repository Systems Inc

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

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.

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Some of the key players operating in this market include Symantec Corporation, Xerox Corporation, HP Autonomy, Guidance Software Inc., FTI Consulting Inc., EMC Corporation, Navigant Consulting, Integreon Managed Solutions Inc., Catalyst Repository Systems Inc

eDiscovery (or electronic discovery) outlines discoveries in government investigations. The term mainly focuses on the exchange of data in ESI (or electronically stored information). The emergence of electronic discovery tools has empowered enterprises to return information results fast, in response to the investigations. However, regulatory compliance is not the only factor favoring the eDiscovery market here, as internal governance and diligence electronic requirements also figure robustly in this market.

Furthermore, collection based electronic discovery innovations influence information technology in two ways. Firstly, it enables GRC, gather and review huge electronically stored information. Secondly, it aids information technology to manage storage operations by automatizing retention schedules.

Besides this, increasing cost of litigation among companies, rising compliance needs, indispensable demand for more proactive services, emergence of content sources as well as lowering the overabundance of stored information are few of the many drivers of the eDiscovery market. On the other hand, existing apprehensions over high costs in electronic discovery and lack of knowledge about the influences of the solutions are the major restraining factors of the market. Moreover, with litigants producing electronic data along with paper documents have created greater opportunities for market. Amendments made to FRCP in 2006 made all electronically stored information including voicemails, graphics, emails etc. on handheld devices or smart phones discoverable in legal action.

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