EDiscovery is defined as the process of identifying, collecting, processing, and preserving electronically stored information. This enables organizations to present data in the form of text, images, animations, e-mails, databases, audio files, websites, spreadsheets, and computer programs as evidence in criminal and civil cases to make proper decisions. Governments, regulatory agencies, and enterprises of different sizes increasingly use eDiscovery solutions to enhance internal investigation process. In addition, the growing use of social networking sites such as LinkedIn, Instagram, and Facebook in organizations for marketing purpose is driving the demand for eDiscovery solutions that can run on these portals. Furthermore, the increasing use of smartphones and tablets in organizations is expected to give rise to mobile eDiscovery solutions.
Scope of the Report:
This report studies the eDiscovery Software market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the eDiscovery Software market by product type and applications/end industries.
Organizations use various sources such as enterprise applications, social networks, web-based searches, and cloud-based applications to generate data. As a result, enterprises have started to use advanced technology to analyze large volumes of data on a daily basis. This increases the volume of electronic data and has induced enterprises to focus on installing data management and data discovery solutions like eDiscovery solutions as part of their data analytics systems. Moreover, cloud-based solutions offer easy big data management and analytics in a cost-effective manner. This is likely to encourage more enterprises to adopt data management and discovery solutions in the coming years.
The market is witnessing increasing demand and is characterized by the presence of numerous players. The market is currently dominated by a few well-established players who offer innovative products. To help organizations understand enterprise-wide risks, eDiscovery software companies have started focusing on developing an economical cost structure by adopting comprehensive electronic discoverysolutions.
The global eDiscovery Software market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of eDiscovery Software.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Government and regulatory organizations