Press release
eDiscovery Global Market Report 2024 - By Trends, Report, Growth, Size, Share, Forecast To 2033
eDiscovery
The Business Research Company offers in-depth market insights through eDiscovery Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The ediscovery market size has grown strongly in recent years. It will grow from $13.53 billion in 2023 to $14.35 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increased volume of electronic data, continued growth in cybersecurity threats and incidents,, rise in legal and regulatory investigations, growing number of litigations, need for efficient and cost-effective ediscovery solutions.
The ediscovery market size is expected to see strong growth in the next few years. It will grow to $20.04 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to growing need for data privacy and security, increasing use of blockchain technology, growing demand for ediscovery services in emerging economies, globalization and cross-border data discovery challenges, increasing complexity of data sources and types. Major trends in the forecast period include adoption of technology-assisted review (tar) in ediscovery, integration of analytics and predictive coding in ediscovery, emphasis on data privacy and protection, rise of remote and mobile ediscovery solutions, evolution of technology-driven ediscovery workflows.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=7498&type=smp
Market Segmentation:
The ediscovery market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Organization Size: Large Enterprises, Small And Medium Enterprises (SEMs)
3) By Deployment Type: On-Premises, Cloud-Based, Hybrid
4) By End-User Vertical: BFSI, Retail Sector, Healthcare, Manufacturing, IT And Telecommunication, Government, Energy and Utility, Other End Users
Major Driver - Growing Demand For Ediscovery Market Fueled By Increasing Electronically Stored Information
The increase in amount of electronically stored information is expected to drive the demand for the eDiscovery market going forward. Data that is generated, updated, sent, and stored digitally is referred to as electronically stored information (ESI). In the recent past, growing digitization has seen an explosion in electronically stored information. The amount, formats, and sources of electronically stored information that needs to be recorded are becoming more diverse. eDiscovery tools are used to perform digital investigation tasks for electronically stored data. Also, it helps in exchanging evidence in a legal case or investigation directly through the database. For instance, according to Forbes, a US-based business magazine, in 2020 the amount of data created, captured, copied, and consumed in the world has reached 59 trillion gigabytes. Furthermore, according to data by Logikcull, a US-based company offering legal the ediscovery software solution, 2.5 exabytes of data are created every day. Therefore, the increasing amount of electronically stored information is driving the growth of the eDiscovery market.
Competitive Landscape:
Major companies operating in the ediscovery market report are Casepoint LLC, CloudNine Discovery Services Inc., Commvault Systems Inc., Conduent Incorporated, Conduent Inc., International Business Machines Corporation, Microsoft Corporation, KLDiscovery Inc., Deloitte Touche Tohmatsu Limited, Epiq Systems LLC, Exterro Inc., FTI Consulting Inc., Open Text Corporation., Zapproved Inc., Logikcull Inc., Everlaw Inc., Veritas Technologies LLC, ZyLAB Technologies LLC, Mimecast Ltd., Proofpoint Inc., Gen Digital Inc., Consilio LLC, ONE Discovery, Absolute Software Corporation, Dun & Bradstreet Inc., Informatica Inc., SAS Institute Inc., Broadcom Inc., Amazon Web Services Inc., OneTrust LLC, TrustArc Inc., Iron Mountain Incorporated, Hindustan Computers Limited Technologies, Micro Focus International plc
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/ediscovery-global-market-report
Top Trend - Tech Advancements Enhancing Ediscovery Market
Technological advancement is a key trend gaining popularity in the eDiscovery market. Major market players are focusing on the implementation of advanced technologies that work on cloud-based technology to strengthen their position in the market. For Instance, in March 2022, Epic systems Inc., a US-based software solutions company, launched the Epiq Service Cloud to Empower Legal Service Delivery Excellence for Corporate Legal Departments and Law Firms. A collection of intelligence and productivity tools may be found in the Epiq Service Cloud. With the help of cloud technology services that help to provide a centralized digital experience for Epiq's proprietary technology and other third-party industry tools.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. eDiscovery Market Characteristics
3. eDiscovery Market Trends And Strategies
4. eDiscovery Market - Macro Economic Scenario
5. eDiscovery Market Size And Growth
…..
27. eDiscovery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model"
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
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 Global Market Report 2024 - By Trends, Report, Growth, Size, Share, Forecast To 2033 here
News-ID: 3396378 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Discovery
Biomarker Discovery Outsourcing Services Market Overview Featuring Surrogate End …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Biomarker Discovery Outsourcing Services Market Size, Share & Trends Analysis Report By Type (Predictive Biomarkers, Prognostic Biomarkers, Safety Biomarkers And Surrogate Endpoints), Therapeutic Area (Oncology, Neurology, Cardiology, Autoimmune Diseases), Discovery Phase (Biomarker Identification, Biomarker Validation, Biomarker Profiling, Biomarker Panel Development And Biomarker Selection) And End Users (Pharmaceutical Companies, Biotechnology Companies), Region, Market Outlook And Industry…
Electronic Discovery Market to See Huge Growth by 2030 | AccessData, Advanced Di …
Advance Market Analytics published a new research publication on "Electronic Discovery Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Electronic Discovery market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the report, request…
Q-GEMSF New Antimony Discovery Acquisition Plus Adjacent New Hydrogen Discovery
Vancouver, British Columbia, Canada - September 9, 2024 - Infinity Stone Ventures Corp., announces today that it has acquired a 100-per-cent interest in separate ground areas, located on the Gaspe Peninsula of Quebec, Canada, that covers the two historic reported highest values of Antimony assayed in steam sediment samples ever recorded in Quebec, and a separate land package North of Ville - Marie, Quebec, adjacent Quebec Innovative Materials Corp., ("CSE-QiMC")…
Drug Discovery Technologies Market: Exploring Drug Discovery Technologies with O …
Allied Market Research recently said Drug discovery is the process of identifying and developing new medications for the treatment of diseases. It involves a complex and challenging process that requires extensive research and development. However, advancements in drug discovery technologies are revolutionizing the way we develop medicines, making the process faster, more efficient, and more cost-effective. One of the most significant advances in drug discovery technologies is the use of…
Electronic Discovery Market Will Hit Big Revenues In Future | Conduent, Advanced …
Advance Market Analytics published a new research publication on “Global Electronic Discovery Market Insights, to 2027” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Electronic Discovery market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled…
E-Discovery Market Future Prospects 2026 | Logikcull, Advanced Discovery, Cloudn …
The latest update of Global E-Discovery Market study provides comprehensive information on the development activities by industry players, growth opportunities and market sizing for E-Discovery, complete with analysis by key segments, leading and emerging players, and geographies. The 110 page study covers the detailed business overview of each profiled players, its complete research and market development history with latest news and press releases. The study helps in identifying and tracking…
