Market Overview:
The global eDiscovery market is expected to grow from USD 9.02 billion in 2018 to USD 17.01 billion by 2030, at a CAGR of 8.8% from 2018 to 2030. The growth of the global eDiscovery market can be attributed to the increasing need for compliance with regulations, rising number of litigations, and growing demand for cloud-based eDiscovery solutions. However, data privacy and security concerns may restrain the growth of the global eDiscovery market during the forecast period. Based on type, the global eDiscovery market is segmented into computer-assisted review (CAR), processing, review, forensic data collection, legal hold management (LHM), and other types.
Product Definition:
eDiscovery is the process of identifying, collecting and managing electronically stored information (ESI) for use in litigation or other legal proceedings. The importance of eDiscovery is that it allows organizations to find and review relevant data quickly and efficiently, which can help them make better decisions and protect their interests.
ECA:
ECA, Electronic Discovery Act is a law that requires federal agencies to establish procedures for the preservation of electronic evidence. It also provides guidelines and requirements related to the production of such evidence in criminal and civil proceedings. The ECA was passed by the U.S. Congress in 1996 as Title III of the Crime Information and Communications Systems Act (CICSA).
Processing:
Processing is the technology used to convert raw data into usable information. It is a tool that helps manage digital evidence and automate the processes of discovery, production, and review in litigation support systems. The eDiscovery market includes services related to document processing such as scanning, transcription, indexing & cataloging service along with electronic discovery solutions which include imaging & document management system among others.
Application Insights:
The attorneys and legal supervisors segment held the largest market share in 2017. This is attributed to the increasing number of eDiscovery cases across all levels of courts, federal, state and local government agencies. The need for efficient discovery procedures that comply with court orders while protecting client confidences has driven this segment to adopt new technologies such as artificial intelligence (AI) for case management.
The Legal & IT Department¢â‚¬â„¢s role in an organization is not only limited to information technology but also includes human resources and other departments such as marketing and sales. In most organizations, these departments are under pressure from different sides: they have a duty to preserve evidence which may be crucial in a future trial; at the same time they are legally bound not to disclose confidential information without authorization from their clients or superiors within an organization or outside it if it involves national security issues or intellectual property rights protection.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to various factors such as increasing government regulations and mandates, technological advancements, and high demand for eDiscovery services among other things. For instance, in May 2018, the U.S. House of Representatives passed a bill that would require federal agencies to create an inventory of records within one year and make them available for discovery by another party upon request unless specifically exempted under law from doing so (H.R 4205).
In addition to this bill being passed by the U.S.
Growth Factors:
- Increased awareness of the benefits of eDiscovery among businesses and legal professionals.
- Greater use of technology in the workplace, including cloud-based storage and communication tools.
- The rise of big data and its impact on litigation and investigations.
- The globalization of business operations and the need for cross-border eDiscovery solutions.
- The increasing complexity of legal cases, which drives demand for specialized eDiscovery services
Scope Of The Report
Report Attributes
Report Details
Report Title
eDiscovery Market Research Report
By Type
ECA, Processing, Review, Forensic Data Collection, Legal Hold Management, Other
By Application
Attorneys and Legal Supervisors, Government and Regulatory Agencies, Legal and IT Departments of Enterprises,
By Companies
Symantec Corporation, IBM, Xerox Legal Business Services, Exterro, EMC, Epiq Systems, HPE, Kcura Corporation, Accessdata, FTI Technology, Deloitte, Advanced Discovery, DTI, Consilio, Kroll Ontrack, Zylab, Guidance Software, Integreon, KPMG, FRONTEO, Recommind, Veritas, Navigant, PwC, Ricoh, UnitedLex, LDiscovery, Lighthouse eDiscovery, Thomson Reuters, iCONECT Development,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global eDiscovery Market Report Segments:
The global eDiscovery market is segmented on the basis of:
Types
ECA, Processing, Review, Forensic Data Collection, Legal Hold Management, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Attorneys and Legal Supervisors, Government and Regulatory Agencies, Legal and IT Departments of Enterprises,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Symantec Corporation
- IBM
- Xerox Legal Business Services
- Exterro
- EMC
- Epiq Systems
- HPE
- Kcura Corporation
- Accessdata
- FTI Technology
- Deloitte
- Advanced Discovery
- DTI
- Consilio
- Kroll Ontrack
- Zylab
- Guidance Software
- Integreon
- KPMG
- FRONTEO
- Recommind
- Veritas
- Navigant
- PwC
- Ricoh
- UnitedLex
- LDiscovery
- Lighthouse eDiscovery
- Thomson Reuters
- iCONECT Development
Highlights of The eDiscovery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ECA
- Processing
- Review
- Forensic Data Collection
- Legal Hold Management
- Other
- By Application:
- Attorneys and Legal Supervisors
- Government and Regulatory Agencies
- Legal and IT Departments of Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the eDiscovery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
eDiscovery is the process of searching through electronic information to find relevant evidence. This can include emails, text messages, social media posts, and other digital records.
Some of the major players in the ediscovery market are Symantec Corporation, IBM, Xerox Legal Business Services, Exterro, EMC, Epiq Systems, HPE, Kcura Corporation, Accessdata, FTI Technology, Deloitte, Advanced Discovery, DTI, Consilio, Kroll Ontrack, Zylab, Guidance Software, Integreon, KPMG, FRONTEO, Recommind, Veritas, Navigant, PwC, Ricoh, UnitedLex, LDiscovery, Lighthouse eDiscovery, Thomson Reuters, iCONECT Development.
The ediscovery market is expected to register a CAGR of 8.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. eDiscovery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. eDiscovery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. eDiscovery Market - Supply Chain
4.5. Global eDiscovery Market Forecast
4.5.1. eDiscovery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. eDiscovery Market Size (000 Units) and Y-o-Y Growth
4.5.3. eDiscovery Market Absolute $ Opportunity
5. Global eDiscovery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. eDiscovery Market Size and Volume Forecast by Type
5.3.1. ECA
5.3.2. Processing
5.3.3. Review
5.3.4. Forensic Data Collection
5.3.5. Legal Hold Management
5.3.6. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global eDiscovery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. eDiscovery Market Size and Volume Forecast by Application
6.3.1. Attorneys and Legal Supervisors
6.3.2. Government and Regulatory Agencies
6.3.3. Legal and IT Departments of Enterprises
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global eDiscovery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. eDiscovery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global eDiscovery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. eDiscovery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global eDiscovery Demand Share Forecast, 2019-2026
9. North America eDiscovery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America eDiscovery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America eDiscovery Market Size and Volume Forecast by Application
9.4.1. Attorneys and Legal Supervisors
9.4.2. Government and Regulatory Agencies
9.4.3. Legal and IT Departments of Enterprises
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America eDiscovery Market Size and Volume Forecast by Type
9.7.1. ECA
9.7.2. Processing
9.7.3. Review
9.7.4. Forensic Data Collection
9.7.5. Legal Hold Management
9.7.6. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America eDiscovery Demand Share Forecast, 2019-2026
10. Latin America eDiscovery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America eDiscovery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America eDiscovery Market Size and Volume Forecast by Application
10.4.1. Attorneys and Legal Supervisors
10.4.2. Government and Regulatory Agencies
10.4.3. Legal and IT Departments of Enterprises
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America eDiscovery Market Size and Volume Forecast by Type
10.7.1. ECA
10.7.2. Processing
10.7.3. Review
10.7.4. Forensic Data Collection
10.7.5. Legal Hold Management
10.7.6. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America eDiscovery Demand Share Forecast, 2019-2026
11. Europe eDiscovery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe eDiscovery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe eDiscovery Market Size and Volume Forecast by Application
11.4.1. Attorneys and Legal Supervisors
11.4.2. Government and Regulatory Agencies
11.4.3. Legal and IT Departments of Enterprises
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe eDiscovery Market Size and Volume Forecast by Type
11.7.1. ECA
11.7.2. Processing
11.7.3. Review
11.7.4. Forensic Data Collection
11.7.5. Legal Hold Management
11.7.6. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe eDiscovery Demand Share, 2019-2026
12. Asia Pacific eDiscovery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific eDiscovery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific eDiscovery Market Size and Volume Forecast by Application
12.4.1. Attorneys and Legal Supervisors
12.4.2. Government and Regulatory Agencies
12.4.3. Legal and IT Departments of Enterprises
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific eDiscovery Market Size and Volume Forecast by Type
12.7.1. ECA
12.7.2. Processing
12.7.3. Review
12.7.4. Forensic Data Collection
12.7.5. Legal Hold Management
12.7.6. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific eDiscovery Demand Share, 2019-2026
13. Middle East & Africa eDiscovery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa eDiscovery Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa eDiscovery Market Size and Volume Forecast by Application
13.4.1. Attorneys and Legal Supervisors
13.4.2. Government and Regulatory Agencies
13.4.3. Legal and IT Departments of Enterprises
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa eDiscovery Market Size and Volume Forecast by Type
13.7.1. ECA
13.7.2. Processing
13.7.3. Review
13.7.4. Forensic Data Collection
13.7.5. Legal Hold Management
13.7.6. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa eDiscovery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global eDiscovery Market: Market Share Analysis
14.2. eDiscovery Distributors and Customers
14.3. eDiscovery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Symantec Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IBM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Xerox Legal Business Services
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Exterro
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. EMC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Epiq Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HPE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kcura Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Accessdata
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FTI Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Deloitte
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Advanced Discovery
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DTI
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Consilio
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kroll Ontrack
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Zylab
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Guidance Software
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Integreon
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. KPMG
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. FRONTEO
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
