The eDiscovery Market is projected to reach USD 23.65 billion by 2033, growing from USD 11.20 billion in 2023 at a compound annual growth rate (CAGR) of 9.71% from 2023 to 2033. eDiscovery, or electronic discovery, involves identifying, collecting, preserving, reviewing, and producing electronically stored information (ESI) for use in legal cases, investigations, and regulatory matters. ESI encompasses emails, documents, databases, social media content, audio and video files, and other digital data. The eDiscovery process ensures that relevant information is effectively managed and accessible for legal review while maintaining data integrity and security. This process is crucial for modern litigation, compliance, and investigation activities, enabling organizations to efficiently handle large volumes of digital evidence in response to legal or regulatory requirements.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Component (Software, Services)
By End-User (Regulatory or Government Agencies, Legal/ Law Firms, and Small & Medium Size Enterprises)
Key players
Microsoft
IBM
OpenText
Deloitte
Micro Focus
ZyLAB
Relativity
Nuix
Logikcull
KLDiscovery
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook