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eDiscovery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

March 2023 | 145 pages | ID: E73D575B5DEBEN
IMARC Group

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Market Overview:

The global eDiscovery market size reached US$ 12.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.39% during 2023-2028.

eDiscovery refers to the process of recognizing, collecting and presenting electronically stored information (ESI) used for legal investigations. It consists of investigating emails, documents, presentations, databases, voicemails, social media data and audio and video files. It also includes raw data and metadata that forensic investigators review to trace hidden evidence. This evidence is further extracted and analyzed using various cyber-forensic procedures and converted to digital formats to be presented into the court. They aid in identifying patterns and conducting analytical research that is used for investigating legal, constitutional, political and privacy issues.

Rapid digitization, along with the increasing utilization of the Internet of Things (IoT)-enabled devices, is one of the key factors driving the growth of the market. Widespread adoption of IoT and cloud computing systems has significantly enhanced the generation of digital data, thereby increasing the demand for eDiscovery solutions for accessing and recovering traces of information. Furthermore, extensive utilization of these systems for enforcing compliance, translation and data security by various government organizations is also providing a boost to the market growth. Litigations are now primarily based on high volumes of electronic data that are retrieved using eDiscovery solutions. The enhanced focus of legal and government organizations to streamline their operations and minimize operational costs by adopting advanced technologies is positively impacting the market growth. Other factors, including an increasing amount of electronically stored information and rising instances of felonies, such as money laundering and tax fraud, are expected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global eDiscovery market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment type, end-user and vertical.

Breakup by Component:

Services
Software


Breakup by Deployment Type:

On-premises
Cloud-based
Hybrid


Breakup by End-User:

Government/Federal Agencies, Legal and Regulatory Firms
Enterprises


Breakup by Vertical:

BFSI
Retail and Consumer Goods
Manufacturing
Legal
IT and Telecommunication
Government
Energy and Utilities
Healthcare and Life Science
Others


Breakup by Region:

North America

United States
Canada

Asia Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others

Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America

Brazil
Mexico
Others

Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Accessdata Group Inc., Commvault Systems Inc., Conduent Incorporated, Driven Inc. (Xplenty), Fronteo Inc. (Formerly UBIC), FTI Consulting, International Business Machines Corporation, Logikcull, Micro Focus International Plc, Nuix Pty Ltd. (Macquarie Group), Open Text Corporation, Veritas Technologies LLC (The Carlyle Group), ZyLAB Technologies, etc.

Key Questions Answered in This Report:

What was the size of the global eDiscovery market in 2022?
What is the expected growth rate of the global eDiscovery market during 2023-2028?
What are the key factors driving the global eDiscovery market?
What has been the impact of COVID-19 on the global eDiscovery market?
What is the breakup of the global eDiscovery market based on the component?
What is the breakup of the global eDiscovery market based on the deployment type?
What is the breakup of the global eDiscovery market based on the end user?
What is the breakup of the global eDiscovery market based on the vertical?
What are the key regions in the global eDiscovery market?
Who are the key players/companies in the global eDiscovery market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL EDISCOVERY MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1 Services
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Software
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY DEPLOYMENT TYPE

7.1 On-premises
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Cloud-based
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Hybrid
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY END-USER

8.1 Government/Federal Agencies, Legal and Regulatory Firms
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Enterprises
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY VERTICAL

9.1 BFSI
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Retail and Consumer Goods
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Manufacturing
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4 Legal
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5 IT and Telecommunication
  9.5.1 Market Trends
  9.5.2 Market Forecast
9.6 Government
  9.6.1 Market Trends
  9.6.2 Market Forecast
9.7 Energy and Utilities
  9.7.1 Market Trends
  9.7.2 Market Forecast
9.8 Healthcare and Life Science
  9.8.1 Market Trends
  9.8.2 Market Forecast
9.9 Others
  9.9.1 Market Trends
  9.9.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Accessdata Group Inc.
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
  15.3.2 Commvault Systems Inc.
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
    15.3.2.3 Financials
  15.3.3 Conduent Incorporated
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
    15.3.3.3 Financials
    15.3.3.4 SWOT Analysis
  15.3.4 Driven Inc. (Xplenty)
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
  15.3.5 Fronteo Inc. (Formerly UBIC)
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
    15.3.5.3 Financials
  15.3.6 FTI Consulting
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
    15.3.6.3 Financials
  15.3.7 International Business Machines Corporation
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
    15.3.7.3 Financials
    15.3.7.4 SWOT Analysis
  15.3.8 Logikcull
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
  15.3.9 Micro Focus International Plc
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
    15.3.9.3 Financials
  15.3.10 Nuix Pty Ltd (Macquarie Group)
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
    15.3.10.3 Financials
  15.3.11 Open Text Corporation
    15.3.11.1 Company Overview
    15.3.11.2 Product Portfolio
    15.3.11.3 Financials
    15.3.11.4 SWOT Analysis
  15.3.12 Veritas Technologies LLC (The Carlyle Group)
    15.3.12.1 Company Overview
    15.3.12.2 Product Portfolio
  15.3.13 ZyLAB Technologies
    15.3.13.1 Company Overview
    15.3.13.2 Product Portfolio


LIST OF TABLES

Table 1: Global: eDiscovery Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: eDiscovery Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: eDiscovery Market Forecast: Breakup by Deployment Type (in Million US$), 2023-2028
Table 4: Global: eDiscovery Market Forecast: Breakup by End-User (in Million US$), 2023-2028
Table 5: Global: eDiscovery Market Forecast: Breakup by Vertical (in Million US$), 2023-2028
Table 6: Global: eDiscovery Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: eDiscovery Market Structure
Table 8: Global: eDiscovery Market: Key Players


LIST OF FIGURES

Figure 1: Global: eDiscovery Market: Major Drivers and Challenges
Figure 2: Global: eDiscovery Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: eDiscovery Market: Breakup by Component (in %), 2022
Figure 4: Global: eDiscovery Market: Breakup by Deployment Type (in %), 2022
Figure 5: Global: eDiscovery Market: Breakup by End-User (in %), 2022
Figure 6: Global: eDiscovery Market: Breakup by Vertical (in %), 2022
Figure 7: Global: eDiscovery Market: Breakup by Region (in %), 2022
Figure 8: Global: eDiscovery Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: eDiscovery (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: eDiscovery (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: eDiscovery (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: eDiscovery (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: eDiscovery (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: eDiscovery (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: eDiscovery (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: eDiscovery (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: eDiscovery (Hybrid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: eDiscovery (Hybrid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: eDiscovery (Government/Federal Agencies, Legal and Regulatory Firms) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: eDiscovery (Government/Federal Agencies, Legal and Regulatory Firms) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: eDiscovery (Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: eDiscovery (Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: eDiscovery (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: eDiscovery (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: eDiscovery (Retail and Consumer Goods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: eDiscovery (Retail and Consumer Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: eDiscovery (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: eDiscovery (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: eDiscovery (Legal) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: eDiscovery (Legal) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: eDiscovery (IT and Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: eDiscovery (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: eDiscovery (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: eDiscovery (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: eDiscovery (Energy and Utilities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: eDiscovery (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: eDiscovery (Healthcare and Life Science) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: eDiscovery (Healthcare and Life Science) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: eDiscovery (Other Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: eDiscovery (Other Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: North America: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: North America: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: United States: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: United States: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Canada: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Canada: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Asia Pacific: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Asia Pacific: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: China: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: China: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Japan: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Japan: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: India: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: India: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: South Korea: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: South Korea: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Australia: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Australia: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Indonesia: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Indonesia: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Others: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Others: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Europe: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Europe: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Germany: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Germany: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: France: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: France: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: United Kingdom: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: United Kingdom: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Italy: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Italy: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Spain: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Spain: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Russia: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Russia: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Others: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Others: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Latin America: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Latin America: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Brazil: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Brazil: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Mexico: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Mexico: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Others: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Others: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Middle East and Africa: eDiscovery Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Middle East and Africa: eDiscovery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Global: eDiscovery Industry: SWOT Analysis
Figure 90: Global: eDiscovery Industry: Value Chain Analysis
Figure 91: Global: eDiscovery Industry: Porter’s Five Forces Analysis


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