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EDiscovery Market By Type (Software, Service), By Software (On-premise, Cloud-based), By Service (Consulting, Implementation & Integration, Outsourcing, Support), By End-User (Government Agency, Enterprise (Large Enterprise, Mid- and Small-sized Enterprise), Law Firm) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

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.

EDiscovery Market

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.

EDiscovery Market

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.

On the basis of software, the global EDiscovery market is categorized into following sub-segments:

  • On-premise
  • Cloud-based

Their contribution to the global EDiscovery market in 2015 is as shown in the figure below.

EDiscovery Market

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.

  • North America
    • U.S.
    • Canada
  • Europe
    • United Kingdom
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

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

EDiscovery Market

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.

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Published Date:  Dec 2016
Category:  IT & Telecom
Report ID:   58275
Report Format:   PDF
Pages:   120
Rating:    4.4 (60)
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