Feb 11, 2019 (AB Digital via COMTEX News Network) -- Global eDiscovery Market
The global eDiscovery market report delivers in-depth study of forecast and analysis of eDiscovery market across the globe. The report provides substantial information forecast from 2018 to 2025. The study comprises several drivers and restraints with the impact on market the over the forecast period. Furthermore, the report covers the detailed study of opportunities within the eDiscovery market across the globe.
The report provides competitive landscape with the Porter’s Five Analysis over the regional level. This report includes a market attractiveness analysis, where market segments are benchmarked on the basis of growth rate, market size, and general attractiveness. The eDiscovery market report provides a decisive view by segmenting the market on the basis of end-users, components and geographical region. All these segments have been analyzed based on current and future market trends.
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The global eDiscovery market size is projected to reach from US$ xx billion to US$ xx billion at a CAGR of xx% over the prediction period. Organizations existed in highly regulated sectors such as healthcare, BFSI, energy, and Oil & gas who buy eDiscovery solutions is one of the major factor driving the global eDiscovery market growth. Business globalization and digitization has caused rapid improvement in cross border eDiscovery cases. Due to the several use cases of analytical matters, eDiscovery solutions are rapidly adopted by organizations of number of sectors.
The global eDiscovery market has been segmented on the basis of components, end user and region. Based on components the market is sub-segmented into services, on-premises software, and off-premises software. By end-user, the market categorized into government and regularity agencies, SMEs, law firms, and others. Among these, the government and regularity agencies segment expected to have the higher adoption of eDiscovery over the forecast period.
In terms of geography, the North America has been the major eDiscovery market, accounting for around 65% of the global eDiscovery market share in 2016, however the sales in Asia-Pacific region are estimated to witness the wildest growth, over the forecast period. North America is a developed market in terms of technology adoption owing to the several factors, such as advanced IT infrastructure, standardized regulations, the existence of various enterprises, and the obtainability of talented technical experts. The regions Canada and the US are likely to contribute to the North American eDiscovery market.
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The global eDiscovery market is largely fragmented, due to several prominent vendors existed across the globe. Some major players in the market are IBM, Symantec, Exterro, Epiq systems, EMC and others.
Key segments of the global eDiscovery market
Solution Overview, 2015-2025 (USD million)
Application Overview, 2015-2025 (USD million)
- Government and regulatory agencies
- Law firms
Product Overview, 2015-2025 (USD million)
- Forensic data collection
- Legal hold management
Regional Overview, 2015-2025 (USD million)
- North America
- Rest of the world
Table of Content:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Reinsurance Market Overview, By Type
Chapter 5. Global Reinsurance Market Overview, By Region
Chapter 6. Company Profiles
The eDiscovery markets across the world is augmenting unlike before. Major push in the market is obvious as all the eDiscovery market segment are developing at a speedy pace along with the expanding business in terms of both value and volume over the past decade and the trend is anticipated to last for next few years as well.
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