openPR Logo
Press release

eDiscovery Market Size, Worldwide Strategy and Forecasts 2025

07-20-2017 01:05 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR Research

eDiscovery Market Size, Worldwide Strategy and Forecasts 2025

Global eDiscovery Market: Overview

eDiscovery is a set of interlinked processes consisting of preserving, collecting, reviewing, and exchanging information stored in electronic formats. These formats, universally known as electronically stored information (ESI), are used by parties to furnish evidence or in response to production in various legal proceedings such as litigations, government investigations, and right to information requests. Different types of ESI may include a wide spectrum of sources such as emails, documents, audio and video files, company-specific databases, social media content, encrypted data, and cloud-based storage.

With the proliferation of data from myriad sources, including cloud computing devices and platforms, the processes are rather complex. Since electronic documents essentially contain metadata, they may be the source of various information: the date and time the file was created, information on authors and recipients, and file properties.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1667

Global eDiscovery Market: Trends

The increasing application of eDiscovery solutions by several government agencies for conducting investigations, coupled with the worldwide rise in litigations that mandate the use of ESI as evidence, has propelled the global market. The soaring need for proactively using eDiscovery processes as part of risk mitigation strategies in numerous organizations is expected to fuel the market over the forecast period. The rapidly rising volume of data across enterprises has triggered the need for eDiscovery platforms and services.

In contrast, the high cost of eDiscovery services is likely to impede the market to an extent. However, the popularity of cost-effective on-premises services is anticipated to boost the market. The upsurge in the use of social media tools such as Twitter, Facebook, and LinkedIn in a large number of organizations is also expected to create ample opportunities for market players.

Global eDiscovery Market: Market Potential

An assessment of recent competitive dynamics indicates the emergence of automated solutions and advanced technologies aimed at simplifying the workflow of eDiscovery projects. Automation solutions are increasingly being demanded by several law firms and corporate users to accelerate eDiscovery processes.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1667

Recently, Compliance Discovery Solutions, a pioneer in offering integrated eDiscovery services, partnered with CloudNine, an eDiscovery automation software company, for technology integration. The agreement entails integration of CloudNine’s eDiscovery automation technology with the best-of-breed discovery-as-a-service (DaaS) offering provided by Compliance. The partnership is significant as CloudNine customers can conveniently access the intuitive DaaS environment. This will help them simplify eDiscovery workflows spanning across routine audits to complex technologies. Using the tool, the user can accelerate the uploading and processing of ESI without making any additional investment in dedicated servers, hardware, and software.

In yet another promising development, Veritas Technologies, a leading information management company, announced its plan to expand its partnership with Google to provide customers access to increased capabilities of its 360 Data Management capabilities. Furthermore, the partnership will ensure the clients’ readiness to eDiscovery solutions. In addition, the company has announced a set of innovative solutions with Google Cloud, which will offer users extensive eDiscovery support for its G Suite Enterprise offering.

Global eDiscovery Market: Regional Outlook

North America is a prominent market for eDiscovery solutions and platforms. The market is expected to witness impressive growth along the forecast period. The growth is attributed to stringent compliances across enterprises to preserve data and the rising inclination of various government agencies toward the adoption of eDiscovery solutions. In addition, the increasing emphasis of law enforcement agencies to make attorneys and lawyers familiar with ESI in the U.S. has spurred the demand for eDiscivery offerings. Furthermore, the launch of intuitive and interactive solutions on varied cloud models is expected to propel the regional market.

Get a discount @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=1667

However, in the coming years, the regional market may lose some revenue to emerging markets such as Asia Pacific and South Africa. The rapid pace of industrialization in Asia Pacific has spurred the usage of mobile devices in enterprises, catapulting the need for managing ESI and boosting the regional market.

Global eDiscovery Market: Competitive Landscape

Leading vendors are making partnerships and entering into agreements with global technology companies to consolidate their market shares. Several players are offering cloud-based solutions to gain a stronghold in the market. Major companies operating in eDiscovery market include HP Autonomy, Daegis, Inc., IBM Corporation, EMC Corporation, Guidance Software, Inc., Symantec Corporation, Epiq Systems, Inc., Integreon Managed Solutions, Inc., Catalyst Repository Systems, Inc., and FTI Consulting, Inc.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth researh of the market, we try to bring about game-changing success for our clients.

Contact :

Rohit Bhisey
Head - Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

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 Market Size, Worldwide Strategy and Forecasts 2025 here

News-ID: 634028 • Views: 148

More Releases from TMR Research

Cloud ERP Market Highlights On Future Development 2025 | Microsoft Corporation, …
Global Cloud ERP Market : Snapshot Cloud ERP or cloud enterprise resource planning refers to using cloud computing platforms and services for making business operations better and smoother. The introduction of these services has led to process transformation for several organizations and companies. Known as one of the leading technologies of the modern world, cloud computing entails usage of internet for storing records, documents, tools, and shared computing records. Adoption of
Cloud Orchestration Market Worldwide Survey On Product Need 2025 - IBM Corporati …
Global Cloud Orchestration Market: Overview The rising demand for cloud orchestration is anticipated to witness a healthy growth in the next few years. Cloud orchestration is considered to have inherent intelligence, owing to which the application base is projected to expand across diverse industries in the coming years. The research study offers an in-depth analysis of the global cloud orchestration market. The product segmentation, primary applications, latest trends, and regional segmentation
Cloud Orchestration Market Report on Recent Adoption 2025 | IBM Corporation, Ser …
Cloud Orchestration Market: Snapshot Cloud orchestration is the arrangement and coordination of automated tasks and results finally in a process or workflow that is consolidated. The rising demand for optimum utilization of resources is anticipated to drive the global cloud orchestration market. The increasing need for self-service provisioning, agility, and flexibility will also be key factors resulting the growth of this market worldwide. In addition to this, the cost efficiency of
Data Prep Market Highlights On Evolution 2025 |Microsoft Corporation, TIBCO Soft …
Global Data Prep Market: Snapshot Data preparation involves collecting, cleaning, and consolidating data into a single file or database to be utilizable for analysis purposes. Data preparation is mostly used for non-standard data, for combining data from several sources, dealing with data from unstructured sources, and reporting on data that was entered manually. Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=803 Data prep employs tools such as data cataloging, data ingestion, data

All 5 Releases


More Releases for Discovery

Biologics Drug Discovery Market
2019-2025 Biologics Drug Discovery Market Report with Depth Analysis The biologics drug discovery involves target identification, hit-to-lead stage, lead identification and optimization. The report presents a comprehensive overview, market size, shares, and growth opportunities of Biologics Drug Discovery market by product type, application, key manufacturers and key regions. Request For Free report Sample -https://www.reportsmonitor.com/request_sample/306320 Scope of the Report: Furthermore, Biologics Drug Discovery Market report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers or
Drug Discovery Services Market Threat Screening 2025
Global Drug Discovery Services Market: Snapshot The global drug discovery services market is thriving on account of the rising impetus given to research and development across several industrial. Drug discovery forms an important niche of the pharmaceutical industry, and the extensive efforts employed by researchers to invent new drug models have popularized the market. The pharmaceutical companies have become increasingly concerned about manufacturing novel drugs, and freeing the process of drug
“SPARKing" New Antibiotic Drug Discovery
Kathy Talkington, Project Director from Pew Charitable Trusts, will discuss the "Shared Platform for Antibiotic Research and Knowledge" when she presents a keynote on "SPARKing" new antibiotic drug discovery at SMi’s 20th annual conference on Superbugs and Superdrugs next March in Central London. With a background in managing and developing immunization and infectious disease programs and policies, Kathy Talkington is currently responsible for Pew’s work on antibiotics. Pew seeks to address
Business App Discovery Engine
London, UK: Evercloud.co is a business app discovery platform dedicated to helping startups and SME owners find the most popular and trusted enterprise apps. The website features a curated list of B2B SaaS products in a number of different business categories, such as Marketing, Sales, Finance, and Project Management, amongst others. It’s the perfect solution for business professionals seeking out the very best tools from the tens of thousands available
A JOURNEY OF SELF-DISCOVERY
A wrongfully-accused man learns what he’s truly capable of in “On the Run” Izai Amorim’s upcoming novel, On the Run, offers an intriguing look into conflicting worlds: rich and poor, North and Latin America, rational and esoteric, and how these worlds mix, match and clash. Pablo is a young, educated, rich man in New York City who sees his entire life turn around when he’s accused of crimes he didn’t
Hive - Music Discovery App Launches Major Updates
Since the launch of Hive in the App Store in April, the app has helped artists reach over 6,000 new listeners each week, with over 20% of songs being added to listeners' personal playlists for future listening. Based on the feedback received from Hive's users, some exciting changes have been made to improve their experience as well as improve the company’s ability to help early-stage artists connect with the right