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The Worldwide eDiscovery Industry is Projected to Reach $25 Billion by 2031 at a 9% CAGR

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Dublin, Jan. 17, 2023 (GLOBE NEWSWIRE) -- The "Global eDiscovery Market By Offerings, By Organization Size, By Use Cases, By End Use Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.

The global eDiscovery market was valued at $10 billion in 2021, and is projected to reach $25 billion by 2031, registering a CAGR of 9% from 2022 to 2031.

The eDiscovery market share is predicted to expand significantly during the forecast period due to increased Metadata protection. Furthermore, increase in usage of digitalization and artificial intelligence (AI) fuels the expansion of the market. However, high initial cost of installation and administration is the key factor constraining market expansion. On the contrary, increased market penetration across different end-use verticals is expected to propel eDiscovery market growth.

The global eDiscovery market is segmented into offering, organization size, use case, end use vertical and regions. On the basis of offering, the market is bifurcated into solutions and services.

The solutions segment is further segmented into the market forensics & collections, processing & hosting, data analytics, document review, contract solutions, business advisory solutions, spend management solutions and others. In terms of services the market is divided into document processing & administrative support, shared services, contact center services and others.

On the basis of organization size, it is divided into large enterprises and small & medium-sized enterprises (SMEs). On the basis of use case the market is segmented into investigation, litigation & legal operations, early case assessment and others. On the basis of end use vertical, the market is categorized into government & public sector, legal, banking, financial services, and insurance, media & entertainment, healthcare & life sciences, retail & consumer goods, IT & telecommunications and others. Region-wise, the eDiscovery market trends are analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the market include CloudNine, CS DISCO Inc., Deloitte Touche Tohmatsu Limited, International Business Machines Corporation, KLDiscovery Limited, Lighthouse eDiscovery Inc., Microsoft Corporation, Nuix Limited, Onna Technologies Inc. and ZyLAB Technologies.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global ediscovery market analysis from 2021 to 2031 to identify the prevailing global ediscovery market opportunities.

  • The market research is offered along with information related to key drivers, restraints, and opportunities.

  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

  • In-depth analysis of the global ediscovery market segmentation assists to determine the prevailing market opportunities.

  • Major countries in each region are mapped according to their revenue contribution to the global market.

  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

  • The report includes the analysis of the regional as well as global global ediscovery market trends, key players, market segments, application areas, and market growth strategies.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter's five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: GLOBAL EDISCOVERY MARKET, BY OFFERINGS
4.1 Overview
4.1.1 Market size and forecast
4.2 Solutions
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.2.4 Solutions Global eDiscovery Market by Solutions
4.2.4.1 Forensics and Collections Market size and forecast, by region
4.2.4.2 Forensics and Collections Market size and forecast, by country
4.2.4.3 Processing and Hosting Market size and forecast, by region
4.2.4.4 Processing and Hosting Market size and forecast, by country
4.2.4.5 Data Analytics Market size and forecast, by region
4.2.4.6 Data Analytics Market size and forecast, by country
4.2.4.7 Document Review Market size and forecast, by region
4.2.4.8 Document Review Market size and forecast, by country
4.2.4.9 Contract Solutions Market size and forecast, by region
4.2.4.10 Contract Solutions Market size and forecast, by country
4.2.4.11 Business Advisory Solutions Market size and forecast, by region
4.2.4.12 Business Advisory Solutions Market size and forecast, by country
4.2.4.13 Spend Management Solutions Market size and forecast, by region
4.2.4.14 Spend Management Solutions Market size and forecast, by country
4.2.4.15 Others Market size and forecast, by region
4.2.4.16 Others Market size and forecast, by country
4.3 Services
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.3.4 Services Global eDiscovery Market by Services
4.3.4.1 Document Processing and Administrative Support Market size and forecast, by region
4.3.4.2 Document Processing and Administrative Support Market size and forecast, by country
4.3.4.3 Shared Services Market size and forecast, by region
4.3.4.4 Shared Services Market size and forecast, by country
4.3.4.5 Trustee Services Market size and forecast, by region
4.3.4.6 Trustee Services Market size and forecast, by country
4.3.4.7 Contact Centre Services Market size and forecast, by region
4.3.4.8 Contact Centre Services Market size and forecast, by country
4.3.4.9 Others Market size and forecast, by region
4.3.4.10 Others Market size and forecast, by country

CHAPTER 5: GLOBAL EDISCOVERY MARKET, BY ORGANIZATION SIZE
5.1 Overview
5.1.1 Market size and forecast
5.2 Large Enterprise
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 SMEs
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: GLOBAL EDISCOVERY MARKET, BY USE CASES
6.1 Overview
6.1.1 Market size and forecast
6.2 Investigation
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Litigation and Legal Operations
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Early Case Assessment
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Others
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country

CHAPTER 7: GLOBAL EDISCOVERY MARKET, BY END USE VERTICAL
7.1 Overview
7.1.1 Market size and forecast
7.2 Government and Public Sector
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Legal
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 BFSI
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
7.5 Media and Entertainment
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market analysis by country
7.6 Healthcare and Life Sciences
7.6.1 Key market trends, growth factors and opportunities
7.6.2 Market size and forecast, by region
7.6.3 Market analysis by country
7.7 Retail and Consumer Goods
7.7.1 Key market trends, growth factors and opportunities
7.7.2 Market size and forecast, by region
7.7.3 Market analysis by country
7.8 IT and Telecommunications
7.8.1 Key market trends, growth factors and opportunities
7.8.2 Market size and forecast, by region
7.8.3 Market analysis by country
7.9 Others
7.9.1 Key market trends, growth factors and opportunities
7.9.2 Market size and forecast, by region
7.9.3 Market analysis by country

CHAPTER 8: GLOBAL EDISCOVERY MARKET, BY REGION

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 cloudnine
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 CS DISCO Inc.
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Deloitte Touche Tohmatsu Limited
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 International Business Machines Corporation
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 KLDiscovery Limited
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Lighthouse eDiscovery Inc.
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Microsoft Corporation
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Nuix Limited
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Onna Technologies Inc.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 ZyLAB Technologies
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments

For more information about this report visit https://www.researchandmarkets.com/r/qt533o

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