Global Electronic Discovery Market Size & Shares Through 2018-2023 - Increasing Number of Lawsuits is the Major Driver - ResearchAndMarkets.com

January 2, 2019

DUBLIN--(BUSINESS WIRE)--Jan 2, 2019--The “Global Electronic Discovery Market Size, Share - Segmented by Service (Consultation, Hosted Review, Analytics), Software, Deployment (SaaS, On-premise, Hosted), End-user, and Region - Growth, Trends and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The eDiscovery Market was valued at USD 11,521 million in 2017, and is expected to reach a value of USD 19,729 million by 2023, at a CAGR of 9.5% over the forecast period (2018-2023).

The growth of data in the form of electronically stored information has led to challenges for enterprises, in terms of collection, review, and storing of digital data, to be used in litigation, regulatory, and investigation processes.

In recent times, it has been observed that 90% of the all the documents generated are produced in electronic format. This trend is expected to drive the adoption of the e-discovery market over the forecast period.

Due to lower maintenance costs of documents and data production across the world, the demand for data processing solutions has been growing rapidly.

Depending on deployment type, the off-premise segment is leading the market, and is expected to register the highest growth rate, owing to increasing cloud computing and storage and rising volume of digitally stored data.

Key Highlights

Increasing Number of Lawsuits is the Major Driver for the Electronic Discovery Market SaaS - The Only Sensible Solution for Small Litigations Share of the North American Electronic Discovery Market is Decreasing Rapidly

Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Dynamics

5. Segmentation By Service

6. Segmentation By Software

7. Segmentation By Deployment

8. Segmentation By End-user

9. Segmentation By Region

10. Competitive Intelligence

11. Investment Analysis

12. Future of the Market

Companies Profiled

IBM Corporation Relativity AccessData Group Inc. ZyLAB Xerox Corporation Logikcull Guidance Software Inc. MicroFocus Exterro Inc. Driven Inc. Nuix Veritas Technology LLC CloudNine Kroll Ontrack LLC FTI Consulting Inc. Microsoft Catalyst Repository Systems Everlaw Inc. Deloitte

For more information about this report visit https://www.researchandmarkets.com/research/5q6stj/global_electronic?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005206/en/

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SOURCE: Research and Markets

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