Global E-Discovery Market Size study, by Component (Solutions, Services), by Deployment Type (On-Premises, Clouds), by Organization Size (Large Enterprises, SMEs), by Vertical (Government and Public Sector, Legal, BFSI, Energy and Utilities, Healthcare &

Global E-Discovery Market Size study, by Component (Solutions, Services), by Deployment Type (On-Premises, Clouds), by Organization Size (Large Enterprises, SMEs), by Vertical (Government and Public Sector, Legal, BFSI, Energy and Utilities, Healthcare & Life sciences, Retailer and Consumer Goods, Manufacturing, IT & Telecommunications, Others) and Regional Forecasts 2022-2028

Global E-Discovery Market is valued at approximately USD 9.92 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.6 % over the forecast period 2022-2028. The electronic component of identifying, collecting, and producing electronically stored information (ESI) in response to a request for production in a court suit or investigation is known as electronic discovery (also known as e-Discovery). Emails, documents, presentations, databases, voicemail, audio and video files, social media, and websites are all examples of ESI. Rising adoption of Digital Technologies among consumers, rapidly evolving E-Discovery solutions and exponential growth of Data have driven the adoption of E-Discovery across the projected period. For Instance: As per the estimates given by Markets & Markets, almost 90% of the world's existing data was created in the last few years, and data is expected to rise to 44 zettabytes by the end of 2020. Moreover, smartphones account for roughly 40% of global eCommerce transactions, resulting in a large amount of data. Also, adoption of AI in E-Discovery Processing and increased usage of internet resulting in excessive data are most likely to boost the overall growth of the E-Discovery market. However, risk of data breaching, rising number of cyber attacks, and high initial cost of investment can obstruct the market's expansion over the projection period of 2022-2028.

The key regions considered for the global E-Discovery market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world. Presence of major verticals and inclination of the region towards advancing technologies are driving the market growth in North America. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. The market is expected to grow during the projected period, due to rapidly evolving E-discovery Solutions.

Major market players included in this report are:

Microsoft US
IBM US
Open Text Corporation
Micro Focus International PLC
Deloitte Touche Tohmatsu Ltd.
ZyLAB Technologies
Nextpoint
DISCO Corp.
Veritas Technologies LLC
One Discovery Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Solutions
Services

By Deployment Type:
On-Premises
Clouds

By Organisation Site:
Large Enterprises
SMEs

By Verticals:
Government and Public Sector
Legal
BFSI
Energy and Utilities
Healthcare & Life sciences
Retailer and Consumer Goods
Manufacturing
IT & Telecommunications
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global E-Discovery Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Microsoft US
IBM US
Open Text Corporation
Micro Focus International PLC
Deloitte Touche Tohmatsu Ltd.
ZyLAB Technologies
Nextpoint
DISCO Corp.
Veritas Technologies LLC
One Discovery Inc.

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