Global eDiscovery Market Size is estimated to expand rapidly in coming years, at a CAGR of 11.25 % from 2018 to 2025. In 2017, the global market valuation was USD 10.2 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Electronic discovery (also e-Discovery or eDiscovery) relates to the study of proceedings including litigation, public inquiries or applications for the Data protection act, in which the data required is in electronic format. Increase in adoption of advanced technologies, exponential growth in data in recent years, and increase in use of internet and smartphones are key reasons behind market growth of eDiscovery. Geographically, Asia Pacific region is expected to be th highest growing region in the global market of eDiscovery.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global eDiscovery market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global eDiscovery market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Component Type Insights: On the basis of component, the global eDiscovery market has been segmented into software and services. The software segment is again sub-segmented into processing, review and analysis, identification, preservation and collection, and production and presentation. Among which identification, preservation and collection segment is expected to be the highest growing segment in the global market of eDiscovery. EDiscovery software helps identify prospective data sources such as emails, portals or Digitally Encoded Data (ESI) word docs. In addition, eDiscovery's legal holding characteristic allows information to be preserved by securing that the information has not been altered or destroyed.

By Deployment Insights: On the basis of deployment, the global eDiscovery market has been segmented into on-premises and cloud. Among which cloud deployment segment is expected to be the highest growing segment is expected to grow at a higher rate in the forecast period. Because of its multiple advantages, such as enhanced storage, scalability, flexibility, safety, portability, and compliance, cloud technology is commonly embraced by companies.

Regional Analysis

The eDiscovery market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, the Asia Pacific region is expected to witness high growth in the market in the forecast period. SMEs are rapidly adopting emerging technologies, leading to enormous information generation. Increasing adoption would result in a growing demand for efficient handling of digital data for quicker accessibility of appropriate information in legal instances.

North America is expected to witness high growth in upcoming time span due to high demand. In the emerging countries in North America, important factor guiding the development of the legitimate sector is eDiscovery technology, which helps law firms streamline rating criteria, review compliance requirements, and guarantee negotiations to safeguard client interests. The fastest-growing vertical is vertical IT and telecommunications. Europe is anticipated to dominate the global eDiscovery market over the projected period majorly owing to the increasing demand for eDiscovery IT and Telecommunication sector. In addition, the adoption of cloud-based solutions by multiple European suppliers is anticipated to boost the demand for eDiscovery solutions.

Global eDiscovery Market Size, Share Analysis by Region 2017

Global eDiscovery Market Study Objective

1. To forecast the market size of eDiscovery market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of eDiscovery market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of eDiscovery market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of the eDiscovery market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the eDiscovery market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Advanced Discovery, Catalyst, CloudNine, Commvault, Conduent, Deloitte, Driven, Epiq, FRONTEO, FTI, IBM, Ipro, KLDiscovery, Lighthouse, Logikcull, Micro Focus, Microsoft, Nuix, OpenText, Relativity, Ricoh, Thomson Reuters, Veritas, and ZyLAB are some of the key players in the market of eDiscovery.

Global eDiscovery Market Study Report Offer You!

The global eDiscovery market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.