Report ID : 10078922 |
Published Date : 21 Oct 2022 |
Report Format : PDF,PPT |
Delivery Timeline :48-72 Business Hours
Global eDiscovery Industry was valued at USD 9.1 Billion in the year 2017. Global EDiscovery Industry is further estimated to grow at a CAGR of 12% from 2019 to reach USD 22.49 Billion by the year 2025. North America region holds the highest Industry share in 2017 and the Asia-Pacific Industry is considered as the fastest growing Industry in the forecasted period. At a country level, developed industries like the US as well the emerging industries like China with highest population base holds the notable industry share in 2017 and it is projected to grow at a gradual rate in the coming years.
Major market players in eDiscovery Industry are IBM Corp., Microsoft Corp., OpenText Corp., Nuix, Micro Focus, Catalyst Repository Systems, FTI Consulting Inc., AccessData, ZyLAB, Epiq, and brief information of 10 companies will be provided in a report. Technological upgradation to cater to changing demand of end users. Similarly, growth strategies such as acquisition & merger were few techniques adopted by most of the top players in the last 5 years.
SWOT analysis of eDiscovery Industry:
Strength:
Development in Compliance Requirements and Data Protection Regulations
Weakness:
Inconsistency between eDiscovery and Data Protection
Opportunities:
Rising demand for Cloud-Based E-Discovery among Small and Medium Enterprises
Threats:
Integration of SaaS-Based eDiscovery with Traditional Platforms
Segmentation done on the basis of Component include Services and Software; of which the Software segment is expected to hold the highest Industry share during the forecast period.
eDiscovery Industry Segmentation:
By Component
• Services
• Software
• By Deployment Type
• Cloud
• On-Premise
By Company Size
• Small- Medium Scale Enterprise
• Large Scale Enterprise
By Industry Vertical
• BFSI
• Media and Entertainment
• Retail and manufacturing
• Healthcare and Life Sciences
• Others
By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa
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