Electronic discovery (sometimes known as e-discovery, ediscovery, eDiscovery, or e-Discovery) is the electronic aspect of identifying, collecting and producing electronically stored information (ESI) in response to a request for production in a law suit or investigation.
The growth of the eDiscovery technologies market is also driven by factors, such as an increasing litigation in the Attorneys and Legal Supervisor and enterprise industry. However, factors such as high investment andinstallation cost are hindering the growth of this market.
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E-discovery is becoming an increasingly important consideration for almost all organizations as a result of the enormous number of civil cases filed each year, the growing proportion of business records that are stored electronically, new statutes at all levels of government focused on electronically-stored information, and a growing body of court rulings that are making the discovery and presentation of electronic data more important.
In order to satisfy e-discovery obligations, organizations should be fully aware of their current and reasonably anticipated information retention obligations, become much more proactive about how they retain and manage data, implement appropriate technology that can archive data and allow legal holds to be implemented easily, and take the other steps necessary to minimize the risks of non-compliance with e-discovery obligations.
Increased litigation and regulation coupled with expanding use cases for eDiscovery software will continue to drive moderate growth in the worldwide eDiscovery market. The data solution market, however, is maturing rapidly as buyers search for automation to solve well-defined problems. To meet maturing needs, eDiscovery Solution and service providers are already creating robust strategies to use existing search and analytics competencies to compete in the white hot content analytics and cognitive solution markets.
In 2017, the global eDiscovery market size was 14500 million US$ and it is expected to reach 33400 million US$ by the end of 2025, with a CAGR of 10.9% during 2018-2025.
Market Segment by Region, this report splits Global into several key Region, with sales, revenue, market share and growth rate of eDiscovery in these regions, from 2011 to 2022 (forecast), like Western Europe, Eastern Europe, North America, Latin America, Middle East & Africa and Asia-Pacific.
This report focuses on the global top players, covered 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 and iCONECT Development.
Market segment by Type, the product can be split into
Forensic Data Collection
Legal Hold Management
Market segment by Application, split into
Attorneys and Legal Supervisors
Government and Regulatory Agencies
Legal and IT Departments of Enterprises
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Major points from Table of Contents:
1 Industry Overview of eDiscovery
2 Global eDiscovery Competition Analysis by Players
3 Company (Top Players) Profiles
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4 Global eDiscovery (UCaaS) Market Size by Type and Application (2012-2017)
5 United States eDiscovery Development Status and Outlook
6 EU eDiscovery Development Status and Outlook
7 Japan eDiscovery Development Status and Outlook
8 China eDiscovery Development Status and Outlook
9 India eDiscovery Development Status and Outlook
10 Southeast Asia eDiscovery Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2017-2022)
12 eDiscovery Market Dynamics
13 Market Effect Factors Analysis
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