1 Introduction2 Research Methodology3 Executive Summary 4 Premium Insights 4.1 Attractive Growth Opportunities in the eDiscovery Market4.2 Market By Component, 20184.3 Market By Deployment Type, 20184.4 Market By Software, 20184.5 Market By Vertical, 20184.6 Market Investment Scenario, 2018-20234.7 Electronic Discovery Reference Model5 Market Overview and Industry Trends 5.1 Introduction5.2 Regulatory Landscape5.2.1 Introduction5.2.2 Federal Rules of Civil Procedure5.2.3 General Data Protection Regulation5.2.4 Electronic Communications Privacy Act5.2.5 Health Insurance Portability and Accountability Act5.2.6 Dodd-Frank Wall Street Reform and Consumer Protection Act5.3 Market Dynamics5.3.1 Drivers5.3.1.1 Focus on Proactive Governance With Data Analytics and Emergence of New Content Sources5.3.1.2 Need to Decrease Operational Budget of Legal Departments5.3.1.3 Increase in Number of Litigations Across the Globe5.3.1.4 Proliferation of IoT Devices Across Various Verticals and Overabundance of Stored Data5.3.1.5 Growth in Compliance Requirements and Data Protection Regulations5.3.2 Restraints5.3.2.1 Higher Cost of eDiscovery Platforms and Services5.3.2.2 Contradiction Between Data Protection and eDiscovery5.3.3 Opportunities5.3.3.1 Increased Demand for Predictive Coding to Simplify and Shorten Document Review Process5.3.3.2 Higher Demand for Cloud-Based E-Discovery Among SMEs5.3.3.3 Collaboration With Social Media Platforms Simplifies Litigation Processes5.3.4 Challenges5.3.4.1 Limited Technical Expertise for Managing the Advanced eDiscovery Mechanism5.3.4.2 Integration of Saas-Based eDiscovery With Traditional Platforms5.3.4.3 Lack of Awareness of eDiscovery6 eDiscovery Market Analysis, By Component 6.1 Introduction6.2 Software6.2.1 Identification, Preservation, and Collection6.2.2 Processing, Review, and Analysis6.2.3 Production and Presentation6.3 Services6.3.1 Training, Consulting, and Integration6.3.2 Managed Services6.3.3 Support and Maintenance7 Market Analysis, By Deployment Type 7.1 Introduction7.2 Cloud7.3 On-Premises8 Market Analysis, By Organization Size 8.1 Introduction8.2 Large Enterprises8.3 Small and Medium-Sized Enterprises9 eDiscovery Market Analysis, By Vertical 9.1 Introduction9.2 Government and Public Sector9.3 Legal9.4 Banking, Financial Services, and Insurance9.5 Energy and Utilities9.6 Healthcare and Life Sciences9.7 Retail and Consumer Goods9.8 Manufacturing9.9 IT and Telecommunications9.10 Others10 eDiscovery Market, By Region11 Competitive Landscape 11.1 Overview11.2 Competitive Scenario11.2.1 New Product Launches11.2.2 Acquisitions11.2.3 Partnerships12 Company Profiles, For more information about this report visit https://www.researchandmarkets.com/research/v5kb4w/17_3_billion?w=5, Laura Wood, Senior Manager [email protected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716, Cision Distribution 888-776-0942 Specific estimates based on the aggregation of forecasts are provided below for five general eDiscovery market segments. Rising volume of big data across enterprises is boosting growth of the EDiscovery market worldwide. On the basis of services, the market has been classified into managed services, support and maintenance, and training, consulting, and integration. 15 Global EDiscovery Market Revenue and Growth for On-premise, 2014 - 2023, (US$ Mn) FIG. On-premise5.3. Large Enterprise8.3.2.2. Contact the source provider Comtex at editorial@comtex.com. Predictive Coding Technologies and Protocols Survey – Fall 2020 Results, Business as Unusual? eDiscovery services market spend is estimated at approximately $7.09B in 2018 (70.12% of the total market) and estimated to grow at a Compound Annual Growth Rate (CAGR) of approximately 13.03% to $13.08B (69.97% of the total market) in 2023. Especially, Small and Medium-sized Enterprises (SMEs) are adopting the cloud deployment mainly due to its cost-effectiveness and advanced results. The Fall 2020 eDiscovery Business Confidence Survey, Blue-Sueded? COMTEX_370081641/2657/2020-08-26T14:40:04. France EDiscovery Market Revenue, By Software, 2016 – 2023 (US$ Mn)9.4.2.3. Rest of the World EDiscovery Market Analysis, 2016 – 2023 (US$ Mn)11.1. 26 North America EDiscovery Market Revenue and Growth, 2014 - 2023, (US$ Mn) (Y-o-Y %)FIG. 10 Things to Look for when Buying an eDiscovery Software Choosing eDiscovery software for a law firm or corporation can be a challenging task. “Where the Money Goes: Understanding Litigant Expenditures for Producing Electronic Discovery.” Nicolas Pace and Laura Zakaras. U.S. EDiscovery Market Revenue, By Service, 2016 – 2023 (US$ Mn)8.4.1.4. A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, "eDiscovery Market by Component, Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2023", https://www.researchandmarkets.com/research/v5kb4w/17_3_billion?w=5. One of the key home (onsite) or away (remote) decisions that business, legal, and IT professionals in the eDiscovery ecosystem are currently having to consider is how they plan for and execute the eDiscovery task of collection in today’s pandemeconomically-impacted new world. December 2015. “eDiscovery Market for Software and Services.” October 18, 2017. Further, the legal hold feature of eDiscovery enables the preservation of data by ensuring that no alteration or destruction has been performed on the data.
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