Global EDiscovery Market Size, Share, Growth, and Forecast to 2025

Posted by rekha on September 4th, 2019

Precision Business Insights (PBI) in its report titled “Global EDiscovery Market” Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024” assesses the market performance over seven years forecast period over 2018-2024. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The global EDiscovery market was valued at US$ XX Mn in 2017 and increasing at a significant CAGR over the forecast timeframe owing to increase in focus on proactive governance with data analytics and emergence of new content sources, need to decrease operational budget of legal departments, Increase in number of litigations across the globe, overabundance of stored data, data protection regulations are expected to drive the global pain treatment market. However, high cost for the treatment, and adverse effects associated with the therapy like bleeding, infection due to the needles are anticipated to hinder the revenue share of global pain treatment market.

Global EDiscovery market segmented on the basis of component, application type, product and region

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Government and regulatory agencies Dominates the Global EDiscovery Market

Based on the application, global EDiscovery market segmented into Government and regulatory agencies, enterprises, law firms and others. Government and regulatory agencies dominated the global EDiscovery market in 2017 and estimated to dominate over the forecast period owing to innovation of newer methods to reduce the pain, rise in awareness about the EDiscovery among the people are surge the market over the forecast years. However, a slow growth rate observed for the psychological disorders due to patient incompliance and repetitive treatment.

North America Leads the Global EDiscovery Market

 

PBI’s global EDiscovery market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024 because most of the states are enacted e-discovery rules and Increase in lawsuits and data breach incidents are anticipated to propel the market. Asia pacific EDiscovery market projected to exhibit significant growth due to Rapid industrial revolution in China and India requires well-established IT infrastructure that is likely to boost the market growth in this region. 

 

Launch of newer types of therapies, treatment centers, and strategic alliances are the key strategies adopted by market players

 

Global EDiscovery market further reveals that the key players increasingly adopting strategies such as launch of newer types of therapies, treatment centers, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.

Key player’s profiles in the report are

  •  AccessData (US),
  • Advanced Discovery (US),
  • Catalyst (US),
  • CloudNine (US),
  • Deloitte (US),
  • Driven (US),
  • Epiq (US),
  • FRONTEO  (Japan),
  • IBM (US),
  • Microsoft (US),
  • Nuix (Australia),
  • OpenText (Canada).

Detailed Segmentation

 

Based on component

o     Software

o     Services

Based on Application

o     Government and regulatory agencies

o     Enterprises

o     Law firms

 

Based on Product

o     ECA

o     Processing

o     Review

o     Forensic data collection

o     Legal hold management

o     Others

Geography

 

o     North America

  • U.S
  • Canada

o     Europe

  • Germany
  • France
  • U.K
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

o     Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

o     Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

o     Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

For more information: https://www.precisionbusinessinsights.com/market-reports/global-ediscovery-market/

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rekha

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rekha
Joined: July 26th, 2019
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