According to Market Research Future, the global E-Discovery market has been segmented based on component, deployment, organization size, vertical, and region/country.
This report examines all the key factors influencing the growth of the E-Discovery industry, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.
eDiscovery or Electronic Discovery is an emerging solution for identification, collection, reviewing, producing, presenting, analyzing, and preserving the electronically stored information (ESI) responding to a query from usually a lawsuit or forensic investigation. Generally, the ESI stores emails, documents, presentation files, databases, voicemails, audio and video files, web portals, and so on. Apart from these, the ESI helps organizations maintain records such as timestamps, authors, recipients, and file types, which eradicate the claims of spoliation or manipulate the evidence later. These solutions and services have widened their scope across industry verticals, including BFSI, government, energy & utility, healthcare, retail & e-commerce, manufacturing, it & telecom, and law firms.
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By component, the global eDiscovery market has been divided into solution and services. The solution segment is further classified into process, preserve, and present, identify, review, and analyze, and collect & produce. Additionally, the services segment comprises professional services and managed services.
Based on the deployment, the global eDiscovery market is categorized into on-premises and on-cloud.
By organization size, the global eDiscovery market has been divided into small & medium enterprise and large enterprise.
Based on vertical, the global eDiscovery market has been divided into BFSI, government, energy & utility, healthcare, retail & e-commerce, manufacturing, it & telecom, law firms, and others. The BFSI segment is expected to dominate the market, holding the highest market share during the forecast period mainly due to the involvement in litigations in regard to compliance and fraud investigations and money laundering cases.
The global eDiscovery market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
By region, the global eDiscovery market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is expected to be the largest market due to the higher adoption of advanced technology solutions and services in the region. Additionally, the benefits offered by eDiscovery solutions, including instant access to ESI, AI-enables quicker reviews, enhanced accuracy, and huge cloud storage capacity.
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The key players in the global eDiscovery market are
- Microsoft (US)
- IBM Corporation (US)
- Open Text Corporation (Canada)
- Deloitte Touche Tohmatsu Limited (US)
- Micro Focus (UK)
- ZyLAB (US)
- Relativity (US)
- Nuix (Australia)
- Logikcull (US)
- KLDiscovery (US)
- Exterro, Inc. (US)
- Thomson Reuters (US)
- Knovos, LLC (US)
- Casepoint (US), and
- Nextpoint, Inc. (US).
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TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
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