eDiscovery Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The eDiscovery Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current eDiscovery Market Size and Its Estimated Growth Rate?
The expansion of the ediscovery market has been consistently robust over the recent years. It is projected to escalate from $14.27 billion in 2024 to $15.14 billion in 2025, marking a compound annual growth rate (CAGR) of 6.1%. This growth during the historic period can be ascribed to factors such as the surge in the amount of electronic data, the persistent rise in cybersecurity threats and incidents, an upswing in legal and regulatory investigations, an increasing number of litigations, and the demand for efficient and cost-effective eDiscovery solutions.

In the upcoming few years, a swift expansion is anticipated in the ediscovery market size, as it's predicted to reach $22.5 billion by 2029 at a compound annual growth rate (CAGR) of 10.4%. Several factors contribute to this expansion in the projected period such as the increasing demand for data privacy and security, the rising use of blockchain technology, escalating demand for eDiscovery services in rising economies, globalization, and challenges in cross-border data discovery. The increase in complexity of data sources and types also plays a role in this growth. The forecast span will also see major trends like the uptake of technology-assisted review (tar) in eDiscovery, the fusion of analytics and predictive coding in eDiscovery, focus on data privacy and protection, the advent of remote and mobile eDiscovery solutions, and the development of technology-led eDiscovery processes.

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How Are Emerging Segments Shaping the eDiscovery Market Landscape?
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

Subsegments:
1) By Solutions: Software, Hardware
2) By Services: Consulting Services, Managed Services, Support And Maintenance Services

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Which Growth Factors Are Influencing eDiscovery Market Expansion?
The eDiscovery market is anticipated to see a surge in demand, stimulated by the rising volume of information stored electronically. This term refers to data that has been generated, updated, dispatched, and archived digitally and has seen substantial growth in recent times due to escalating digitisation. The range, formats, and origins of this digital information requiring documentation are ever-expanding. eDiscovery instruments are utilised to undertake investigations of this digitally stored data, facilitating the direct exchange of proof in legal instances or inquiries from the database itself. For example, the Department for Science, Innovation & Technology, a UK-based firm, revealed in reports published in September 2024, the digital sector's contribution to the UK economy in 2022 was a provisional £158.3 billion, constituting 7.2% of the total UK GVA, marking a rise from 7.1% in 2021. Consequently, the escalating volume of electronically kept data is propelling the expansion of the eDiscovery market.

Who Are the Dominant Players Across Different eDiscovery Market Segments?
Major companies operating in the ediscovery market include 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, Consilio LLC, ONE Discovery, Absolute Software Corporation, Amazon Web Services Inc., Iron Mountain Incorporated, Micro Focus International plc

What Are the Latest Developing Trends in the eDiscovery Market?
The progression of technology is an emerging trend in the eDiscovery market being capitalized on by leading players. These companies are investing in the application of sophisticated technologies, specifically cloud-based systems, to consolidate their market standing. An example is the American software solutions firm, Epic systems Inc., which in March 2022 launched the Epiq Service Cloud aimed at bolstering Legal Service Delivery Excellence for Corporate Legal Departments and Law Firms. The Epiq Service Cloud is a hub of smart and productivity-enhancing tools, which with the support of cloud technology services, provide a unified digital experience for Epiq's proprietary technology and other industry tools from third parties.

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Which Geographic Regions Are Expected to Dominate the eDiscovery Market in the Coming Years?
North America was the largest region in the eDiscovery market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the eDiscovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the eDiscovery Market?
2. What is the CAGR expected in the eDiscovery Market?
3. What Are the Key Innovations Transforming the eDiscovery Industry?
4. Which Region Is Leading the eDiscovery Market?

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