EDiscovery is a procedure of detecting, gathering and presenting digital information to other party in litigation. This process is based on (EDRM) electronic discovery reference model, which takes in various steps such as information identification, data preservation, data collection, review analysis, and production. Currently, demand for cloud-based EDiscovery software and services is increasing as more number of enterprises are shifting towards cloud computing technologies. Rising volume of big data across enterprises is boosting growth of the EDiscovery market worldwide. Also, introduction of government regulation to support EDiscovery process implementation is expected to increase the uptake of EDiscovery software and services over the forecast period. However, lack of awareness and high initial cost is likely to impede growth of the EDiscovery market to some extent.
Report Scope
This report analyzes the global EDiscovery market in terms of type, service, end-user, and geography. The global EDiscovery market has been segmented based on type into software and service. The service segment is further sub-segmented into consulting service, implementation & integration service, outsourcing service, and support service. On the basis of end-user, the global EDiscovery market is segmented into government agency, enterprise and law firm. The enterprise segment is further sub-segmented into large enterprise and small- and mid-sized enterprise. The global EDiscovery market covers major geographies such as North America, Europe, Asia Pacific, and Rest of World.
Major players in the EDiscovery market are focused towards acquiring small regional vendors to enter untapped market and enhance customer base. Also, introduction of advanced solutions is another major strategy followed by key players to capitalize market.
1.1 Report Description
Purpose of the Report
The purpose of this strategic research study titled “Global EDiscovery Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global EDiscovery market.
Target Audience
- Industry Investors
- EDiscovery Solution Providers
- EDiscovery Service Providers
- Government Agencies
USP and Key Offerings
The report titled “Global EDiscovery Market- Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” offers strategic insights into the global EDiscovery market along with the market size and estimates for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on type, service, end-user, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading EDiscovery software and service providers, their SCOT (Strength, Challenges, Opportunities, and Threats) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:
- Current and future market trends to justify the forthcoming attractive markets within the EDiscovery market
- Market fuelers, market impediments, and their impact on the market growth
- In-depth competitive environment analysis
- Ecosystem Analysis
- SRC (Segment-Region-Country) Analysis
Overall, the research study provides a holistic view of the global EDiscovery market, offering market size and estimates for the period from 2014 to 2023, keeping in mind the above mentioned factors.
