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Global Electronic Discovery Market is Expected to Reach $39.55 billion by 2023

Market Research Report on Global Electronic Discovery Market
Published 12 February 2018
Report Sellers has added a new market research report “Electronic Discovery - Global Market Outlook (2017-23)” to its offerings.

According to Report, the Global Electronic Discovery Market is expected to grow from $9.89 billion in 2016 to reach $39.55 billion by 2023 with a CAGR of 21.8%. Electronic discovery is the process of collecting, preserving, processing and producing information in an electronic data form which it is used as an evidence in government investigations. Factors such as improvements in digital technologies, rising number of litigations are favouring the market. In addition, lack of awareness about eDiscovery, huge cost required to implement eDiscovery services and solutions are some of the factors hindering the market. Growing demand for predictive coding, rising uses of social media websites are driving the growth during the forecast period.

The demand for data processing solutions is growing rapidly due to lower maintenance costs of the documents and data production is increasing across the world. Depending on the deployment type, off-premise segment is leading the market with the highest growth rate owing to increasing cloud computing and rising volume of digitally stored data. 

North America is leading the electronic discovery market owing to increasing demand for eDiscovery solutions across government, regulatory agencies, small, mid and large-sized enterprises and also in civil litigations. Moreover, Asia Pacific is expected to be the fastest growing region over the forecast period.

Some of the key players in global Electronic Discovery market include Accessdata, Catalyst Repository Systems Inc, Dell EMC, Epiq Systems, Inc, Exterro, Inc, FTI Consulting Inc, Guidance Software Inc, Hewlett Packard Enterprise Development LP, IBM Corporation, Integreon Managed Solutions, Inc, kCura LLC, Navigant Consulting, Nuix Pty Ltd, Symantec Corporation, Xerox Corporation and ZyLAB Technologies.

Browse through the complete description and in-depth TOC on “Global Electronic Discovery Market”

What does the Report Offers
  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players 
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
Report Scope

Global Electronic Discovery Market has been segmented by industry verticals covered, solutions covered, service types covered, deployment types covered and regions covered

Industry Verticals Covered:
Banking, Financial Services, and Insurance (BFSI) 
Defense Forces 
Energy and Utilities 
IT and Telecom 
Legal Sector 
Media and Entertainment 
Transportation and Logistics 
Travel and Hospitality 
Other Industry Verticals

Solutions Covered:
Data Processing 
Data Production
Early Case Assessment 
Legal Hold 
Technology Assisted Review

Service Types Covered:
Managed Services
Training and Support

Deployment Types Covered:
o Cloud 
o On-Premises

Regions Covered:
North America
Rest of Europe 
Asia Pacific
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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