Press release
eDiscovery Market Show at 11.0% CAGR to 2024 | Symantec Corporation,IBM, Xerox Legal Business Services, Exterro, EMC, Epiq Systems, HPE, Kcura Corporation, Accessdata
Global eDiscovery Market Growth Status and Outlook 2019-2024Electronic 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.
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.
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Companies Profiled in this report includes: 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, Ricohm UnitedLex, LDiscovery, Lighthouse eDiscovery, Thomson Reuters, iCONECT Development
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.
According to this study, over the next five years the eDiscovery market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 27200 million by 2024, from US$ 14500 million in 2019. In particular, this report presents the global revenue market share of key companies in eDiscovery business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of eDiscovery market by product type, application, key companies and key regions.
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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 2014 to 2018, and forecast to 2024.
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 Content:
2019-2024 Global eDiscovery Market Report (Status and Outlook)
1 Scope of the Report
2 Executive Summary
3 Global eDiscovery by Players
4 eDiscovery by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global eDiscovery Market Forecast
11 Key Players Analysis
11.1 Symantec Corporation
11.1.1 Company Details
11.1.2 eDiscovery Product Offered
11.1.3 Symantec Corporation eDiscovery Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 Symantec Corporation News
11.2 IBM
11.2.1 Company Details
11.2.2 eDiscovery Product Offered
11.2.3 IBM eDiscovery Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 IBM News
11.3 Xerox Legal Business Services
11.3.1 Company Details
11.3.2 eDiscovery Product Offered
11.3.3 Xerox Legal Business Services eDiscovery Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 Xerox Legal Business Services News
11.4 Exterro
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