Global E-discovery Market Share, Size, Estimates, Trends and Forecast 2023

According to Stratistics MRC, the Global E-discovery Market is accounted for $8.89 million in 2016 and expected to grow at a CAGR of 25.2% to reach $42.87 million by 2023.

Gaithersburg, Maryland, United States - January 22, 2018 /MarketersMedia/ —

Increase in litigations, stringent policy and compliance regulations and increase in mobile device penetration & usage are fuelling the market growth. However, less awareness about e-discover, increase in cross-border e-discovery, high cost associated with e-discovery solutions & services and contradiction between data protection are hampering the market growth.

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Based on End User, E-discovery is widely used in Government sector. Government requests often can be extremely broad, necessitating informed negotiating strategies to limit the scope and ease the burden of e-Discovery. On-site collection for physical media is optimal because it offers maximum certainty and legal defensibility, as well as minimizes participation by corporate IT team. The largest cost element in e-Discovery is attorney review and selection of records for production and/or privilege.

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North America is projected to dominate the market throughout the forecast period. As with the growth of big data, organizations in the US are transitioning towards mobile content delivery models and depend entirely on mobile devices to market their products.

Some of the key players in Global E-discovery market are Xerox Corporation, Hewlett Packard Enterprise Development LP, IBM Corporation., FTI Consulting, Inc., Guidance Software, Inc., kCura LLC, Accessdata, ZyLAB, Exterro, Inc., Nuix, Symantec and Navigant Consulting Inc.

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Deployments Covered:
• Cloud
• On-premises

Services Covered:
• Consulting
• Implementation
• Managed Services
• Training and Support

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

End Users Covered:
• Banking, Financial Services, and Insurance
• Energy and Utilities
• Government
• Healthcare
• IT and Telecom
• Legal Sector
• Media and Entertainment
• Transportation and Logistics
• Travel and Hospitality
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our 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
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- 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
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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