E-Discovery is a procedure of detecting, gathering and presenting digital information to other party in litigation. This process is based on (EDRM) electronic discovery reference model, which takes in various steps such as information identification, data preservation, data collection, review analysis, and production. Currently, demand for cloud-based E-Discovery software and services is increasing as more number of enterprises are shifting towards cloud computing technologies. Rising volume of big data across enterprises is boosting growth of the E-Discovery market worldwide. Also, introduction of government regulation to support E-Discovery process implementation is expected to increase the uptake of E-Discovery software and services over the forecast period. However, lack of awareness and high initial cost is likely to impede growth of the E-Discovery market to some extent.
Report Scope
This report analyzes the global E-Discovery market in terms of type, service, end-user, and geography. The global E-Discovery market has been segmented based on type into software and service. The service segment is further sub-segmented into consulting service, implementation & integration service, outsourcing service, and support service. On the basis of end-user, the global E-Discovery market is segmented into government agency, enterprise and law firm. The enterprise segment is further sub-segmented into large enterprise and small- and mid-sized enterprise. The global E-Discovery market covers major geographies such as North America, Europe, Asia Pacific, and the Rest of the World.
Major players in the E-Discovery market are focused on acquiring small regional vendors to enter the untapped market and enhance the customer base. Also, the introduction of advanced solutions is another major strategy followed by key players to capitalize market.
1.1 Report Description
Purpose of the Report
The purpose of this strategic research study titled “Global E-Discovery Market - Growth, Share, Opportunities, and Competitive Analysis, 2023 – 2030” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them to make informed strategic decisions related to the opportunities in the global E-Discovery market.
Target Audience
USP and Key Offerings
The report titled “Global E-Discovery Market- Growth, Share, Opportunities, and Competitive Analysis, 2023 – 2030” offers strategic insights into the global E-Discovery market along with the market size and estimates for the duration 2020 to 2030. The said research study covers in-depth analysis of multiple market segments based on type, service, end-user, and cross-sectional study across different geographies. In order to help strategic decision-makers, the report also includes competitive profiling of the leading E-Discovery software and service providers, their SCOT (Strength, Challenges, Opportunities, and Threats) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of E-Discovery market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Type
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Software
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Service
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End-user
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report