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
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:
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.
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global EDiscovery Market Snapshot
3. Global EDiscovery Market Analysis
3.1. Global EDiscovery Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. Attractive Investment Proposition
3.5. Market Positioning of Key Industry Participants
3.6. Major Strategies Adopted
4. Global EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
4.1. Comparative Analysis
4.2. Software
4.3. Service
5. Global EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
5.1. Comparative Analysis
5.2. On-premise
5.3. Cloud-based
6. Global EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
6.1. Comparative Analysis
6.2. Consulting
6.3. Implementation & Integration
6.4. Outsourcing
6.5. Support
7. Global EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
7.1. Comparative Analysis
7.2. Government Agency
7.3. Enterprise
7.3.1. Large Enterprise
7.3.2. Mid- and Small-sized Enterprise
7.4. Law Firm
8. North America EDiscovery Market Analysis, 2016 – 2023 (US$ Mn)
8.1. North America EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
8.1.1. Software
8.1.2. Service
8.2. North America EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
8.2.1. Consulting
8.2.2. Implementation & Integration
8.2.3. Outsourcing
8.2.4. Support
8.3. North America EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
8.3.1. Government Agency
8.3.2. Enterprise
8.3.2.1. Large Enterprise
8.3.2.2. Mid- and Small-sized Enterprise
8.3.3. Law Firm
8.4. North America EDiscovery Market Revenue, By Country, 2016 – 2023 (US$ Mn)
8.4.1. U.S.
8.4.1.1. U.S. EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
8.4.1.2. U.S. EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
8.4.1.3. U.S. EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
8.4.1.4. U.S. EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
8.4.2. Canada
8.4.2.1. Canada EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
8.4.2.2. Canada EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
8.4.2.3. Canada EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
8.4.2.4. Canada EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
9. Europe EDiscovery Market Analysis, 2016 – 2023 (US$ Mn)
9.1. Europe EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
9.1.1. Software
9.1.2. Service
9.2. Europe EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
9.2.1. Consulting
9.2.2. Implementation & Integration
9.2.3. Outsourcing
9.2.4. Support
9.3. Europe EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
9.3.1. Government Agency
9.3.2. Enterprise
9.3.2.1. Large Enterprise
9.3.2.2. Mid- and Small-sized Enterprise
9.3.3. Law Firm
9.4. Europe EDiscovery Market Revenue, By Country, 2016 – 2023 (US$ Mn)
9.4.1. United Kingdom
9.4.1.1. United Kingdom EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
9.4.1.2. United Kingdom EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
9.4.1.3. United Kingdom EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
9.4.1.4. United Kingdom EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
9.4.2. France
9.4.2.1. France EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
9.4.2.2. France EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
9.4.2.3. France EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
9.4.2.4. France EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
9.4.3. Germany
9.4.3.1. Germany EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
9.4.3.2. Germany EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
9.4.3.3. Germany EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
9.4.3.4. Germany EDiscovery Market Revenue, By End-User, 2016 – 2023 (US$ Mn)
9.4.4. Rest of Europe
9.4.4.1. Rest of Europe EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
9.4.4.2. Rest of Europe EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
10. Asia Pacific EDiscovery Market Analysis, 2016 – 2023 (US$ Mn)
10.1. Asia Pacific EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
10.1.1. Software
10.1.2. Service
10.2. Asia Pacific EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
10.2.1. Consulting
10.2.2. Implementation & Integration
10.2.3. Outsourcing
10.2.4. Support
10.3. Asia Pacific EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
10.3.1. Government Agency
10.3.2. Enterprise
10.3.2.1. Large Enterprise
10.3.2.2. Mid- and Small-sized Enterprise
10.3.3. Law Firm
10.4. Asia Pacific EDiscovery Market Revenue, By Country, 2016 – 2023 (US$ Mn)
10.4.1. Japan
10.4.1.1. Japan EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
10.4.1.2. Japan EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
10.4.1.3. Japan EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
10.4.1.4. Japan EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
10.4.2. China
10.4.2.1. China EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
10.4.2.2. China EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
10.4.2.3. China EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
10.4.2.4. China EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
10.4.3. India
10.4.3.1. India EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
10.4.3.2. India EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
10.4.3.3. India EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
10.4.3.4. India EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
10.4.4. Rest of Asia Pacific
10.4.4.1. Rest of Asia Pacific EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
10.4.4.2. Rest of Asia Pacific EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
10.4.4.3. Rest of Asia Pacific EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
10.4.4.4. Rest of Asia Pacific EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
11. Rest of the World EDiscovery Market Analysis, 2016 – 2023 (US$ Mn)
11.1. Rest of the World EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
11.1.1. Software
11.1.2. Service
11.2. Rest of the World EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
11.2.1. Consulting
11.2.2. Implementation & Integration
11.2.3. Outsourcing
11.2.4. Support
11.3. Rest of the World EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
11.3.1. Government Agency
11.3.2. Enterprise
11.3.2.1. Large Enterprise
11.3.2.2. Mid- and Small-sized Enterprise
11.3.3. Law Firm
11.4. Rest of the World EDiscovery Market Revenue, By Country, 2016 – 2023 (US$ Mn)
11.4.1. Latin America
11.4.1.1. Latin America EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
11.4.1.2. Latin America EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
11.4.1.3. Latin America EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
11.4.1.4. Latin America EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
11.4.2. Middle East & Africa
11.4.2.1. Middle East & Africa EDiscovery Market Revenue, By Type, 2016 – 2023 (US$ Mn)
11.4.2.2. Middle East & Africa EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)
11.4.2.3. Middle East & Africa EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)
11.4.2.4. Middle East & Africa EDiscovery Market Revenue, By End-user, 2016 – 2023 (US$ Mn)
12. Company Profiles
12.1. HP Autonomy
12.2. IBM Corporation
12.3. Daegis Inc.
12.4. EMC Corporation
12.5. Epiq System Inc.
12.6. Symantec Corporation
12.7. Guidance Software, Inc.
12.8. FTI Consulting, Inc.
12.9. Catalyst Repository Systems, Inc.
12.10. Integreon Managed Solution Inc.
List Of Table :
TABLE 1 Market Snapshot: Global EDiscovery Market
TABLE 2 Evolution of EDiscovery
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 6 North America EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 7 North America EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 8 North America EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 9 U.S. EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 10 U.S. EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 11 U.S. EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 12 U.S. EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 14 Canada EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 15 Canada EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 16 Canada EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 17 Canada EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 18 Europe EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 19 Europe EDiscovery Market Revenue, By Software, 2014 - 2023 (US$Mn)
TABLE 20 Europe EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 21 Europe EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 22 United Kingdom EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 23 United Kingdom. EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 24 United Kingdom EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 25 United Kingdom EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 26 France EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 27 France EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 28 France EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 29 France EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 30 Germany EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 31 Germany EDiscovery Market Revenue, By Software, 2014 - 2023 (USMn)
TABLE 32 Germany EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 33 Germany EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 34 Rest of Europe EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 35 Rest of Europe EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 36 Rest of Europe EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 37 Rest of Europe EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 38 Asia Pacific EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 39 Asia Pacific EDiscovery Market Revenue, By Software, 2014 - 2023 (US$Mn)
TABLE 40 Asia Pacific EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 41 Asia Pacific EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 42 Japan EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 43 Japan EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 44 Japan EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 45 Japan EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 46 China EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 47 China EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 48 China EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 49 China EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 50 India EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 51 India EDiscovery Market Revenue, By Software, 2014 - 2023 (USMn)
TABLE 52 India EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 53 India EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 54 Rest of Asia Pacific EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 55 Rest of Asia Pacific EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 56 Rest of Asia Pacific EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 57 Rest of Asia Pacific EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 58 Rest of the World EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 59 Rest of the World EDiscovery Market Revenue, By Software, 2014 - 2023 (US$Mn)
TABLE 60 Rest of the World EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 61 Rest of the World EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 62 Latin America EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 63 Latin America EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 64 Latin America EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 65 Latin America EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
TABLE 66 Middle East & Africa EDiscovery Market Revenue, By Type, 2014 - 2023 (US$ Mn)
TABLE 67 Middle East & Africa EDiscovery Market Revenue, By Software, 2014 - 2023 (US$ Mn)
TABLE 68 Middle East & Africa EDiscovery Market Revenue, By Service, 2014 - 2023 (US$ Mn)
TABLE 69 Middle East & Africa EDiscovery Market Revenue, By End-user, 2014 - 2023 (US$ Mn)
List Of Figure :
FIG. 1 Global EDiscovery: Market Segmentation
FIG. 2 Global EDiscovery Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global EDiscovery Market, By Type, 2015 (US$ Mn)
FIG. 5 Global EDiscovery Market, By Software, 2015 (US$ Mn)
FIG. 5 Global EDiscovery Market, By Service, 2015 (US$ Mn)
FIG. 5 Global EDiscovery Market, By End-user, 2015 (US$ Mn)
FIG. 7 Global EDiscovery Market, By Geography, 2015 (US$ Mn)
FIG. 8 Global EDiscovery Market Revenue and Growth, 2014 - 2023, (US$ Mn and % Y-o-Y)
FIG. 9 Value Chain Analysis: Global EDiscovery Industry
FIG. 10 Market Positioning of Key Industry Participants, 2015
FIG. 11 Global EDiscovery Market Revenue Contribution, By Type, 2015 & 2023 (Value %)
FIG. 12 Global EDiscovery Market Revenue and Growth for Software, 2014 - 2023, (US$ Mn)
FIG. 13 Global EDiscovery Market Revenue and Growth for Service, 2014 - 2023, (US$ Mn)
FIG. 14 Global EDiscovery Market Revenue Contribution, By Software, 2015 & 2023 (Value %)
FIG. 15 Global EDiscovery Market Revenue and Growth for On-premise, 2014 - 2023, (US$ Mn)
FIG. 16 Global EDiscovery Market Revenue and Growth for Cloud-based, 2014 - 2023, (US$ Mn)
FIG. 17 Global EDiscovery Market Revenue Contribution, by Service, 2015 & 2023 (Value %)
FIG. 18 Global EDiscovery Market Revenue and Growth for Consulting Service, 2014 - 2023, (US$ Mn)
FIG. 19 Global EDiscovery Market Revenue and Growth for Implementation & Integration, 2014 - 2023, (US$ Mn)
FIG. 20 Global EDiscovery Market Revenue and Growth for Outsourcing, 2014 - 2023, (US$ Mn)
FIG. 21 Global EDiscovery Market Revenue and Growth for Support, 2014 - 2023, (US$ Mn)
FIG. 22 Global EDiscovery Market Revenue Contribution, by End-user, 2015 & 2023 (Value %)
FIG. 23 Global EDiscovery Market Revenue and Growth for Government Agency, 2014 - 2023, (US$ Mn)
FIG. 24 Global EDiscovery Market Revenue and Growth for Enterprise, 2014 - 2023, (US$ Mn)
FIG. 25 Global EDiscovery Market Revenue and Growth for Law Firm, 2014 - 2023, (US$ Mn)
FIG. 26 North America EDiscovery Market Revenue and Growth, 2014 - 2023, (US$ Mn) (Y-o-Y %)
FIG. 27 Europe EDiscovery Market Revenue and Growth, 2014 - 2023, (US$ Mn) (Y-o-Y %)
FIG. 28 Asia Pacific EDiscovery Market Revenue and Growth, 2014 - 2023, (US$ Mn) (Y-o-Y %)
FIG. 29 RoW EDiscovery Market Revenue and Growth, 2014– 2023, (US$ Mn) (Y-o-Y %)
On the basis of end-user, the global EDiscovery market is categorized into following segments:
Their contribution to the global EDiscovery market in 2015 is as shown in the figure below.
At present, government agency segment dominates the global EDiscovery market. By the end of 2016, the segment is estimated to account for over 50% of the overall market revenue. Growing focus of government agencies to enhance electronic record management capabilities is increasing the uptake of EDiscovery solutions and services in this sector. However, enterprise segment is projected to expand at the highest CAGR over the forecast period. This is mainly driven by growing digitization of business processes and implementation of enterprise mobility policies across large- and mid-sized enterprises.
On the basis of service, the global EDiscovery market is categorized into following sub-segments:
Their contribution to the global EDiscovery market in 2015 is as shown in the figure below.
Among services, the implementation and integration service was the largest sub-segment in 2015. The consulting and outsourcing sub-segments are expected to witness healthy CAGR over the forecast period, 2016 – 2023. Increasing investigation and audit by government agencies is anticipated to create huge potential for EDiscovery service providers. Also, growing awareness regarding benefits of EDiscovery process among enterprises, especially in emerging markets such as Brazil, China and India is projected to increase the need for eDiscovery services, which in turn, is expected to fuel the market growth.
On the basis of software, the global EDiscovery market is categorized into following sub-segments:
Their contribution to the global EDiscovery market in 2015 is as shown in the figure below.
At present, on-premise sub-segment dominates the global EDiscovery market, holding over half of the market share. However, the cloud-based software sub-segment is projected to outpace on-premise sub-segment by the end of 2023. This is mainly driven by increasing shift of enterprises towards cloud computing technologies to reduce cost associated with IT infrastructure.
On the basis of geography, the global EDiscovery market is segmented into following regions and countries.
The contribution of these regions (North America, Europe, Asia Pacific, and RoW) to the global EDiscovery market in 2015 and 2023 is as shown in the figure below
In 2015, North America was the largest regional market, capturing over half of the share of overall market pie. In North America, U.S. is a major market for EDiscovery and service providers. Major end-users such as government agencies and enterprises in the country are increasingly investing in EDiscovery solutions to improve digital data management process. However, Europe was the second largest market in 2015 followed by Asia Pacific, accounting for over 15% market share each. The EDiscovery market in Asia Pacific is projected to grow at the fastest CAGR between 2016 and 2023. Growing adoption of EDiscovery solutions and services among private organizations to maintain electronically stored information for internal investigation and audit is boosting the market growth in the Asia Pacific.
