Press release
Global eDiscovery Market 2019- to reach USD USD 9.1 billion by 2025 with Top Players opentext, nuix, Microsoft, IBM, micro focus, FTI, zylab, EPIQ, fronteo, relativity, logikcull, cloudnine, driven, IPRO, veritas, delottie, ricoh. Acquisitions
Global eDiscovery Market
Global eDiscovery Market to reach USD 23.3 billion by 2025.
Global eDiscovery Market valued approximately USD 9.1 billion in 2016 is anticipated to grow with a healthy growth rate of more than 11% over the forecast period 2017-2025.
Decreasing the operational budget of legal departments and increasing number of litigations are expected to drive the market across all regions. The need to adhere to regulatory policies and laws worldwide, and increase in the usage and penetration of mobile devices are other factors expected to drive the growth of the market. The rise in demand for predictive coding and increase in the usage of social media are expected to offer great opportunities for eDiscovery vendors.
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Major Players:
Some of the key manufacturers involved in the market opentext, nuix, Microsoft, IBM, micro focus, FTI, zylab, EPIQ, fronteo, relativity, logikcull, cloudnine, driven, IPRO, veritas, delottie, ricoh. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers.
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Market Segmentation:
The regional analysis of Global Forklift Truck Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
By Component:
• Software
• Processing
• Review
• Analyses
• Identification
• Preservation
• Collection
• Production
• Presentation
• services
By Deployment type:
• on-premises
• cloud
By Regions:
• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the World
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