eDiscovery (Software and Services): Market Research Report

January 2015 | 491 pages | ID: ECE896D8E5AEN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for eDiscovery (Software and Services) in US$ Million. The Global market is analyzed by the following Segments: eDiscovery Software, and eDiscovery Services. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2014 through 2020. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 216 companies including many key and niche players such as -

• AccessData Group, Inc.
• Catalyst Repository Systems
• CommVault
• Daegis Inc.
• Driven, Inc.

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
eDiscovery Software
eDiscovery Services

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW

Prelude
Sheer Increase in Criminal Prosecutions and Civil Litigations Create Highly Conducive Environment for eDiscovery Market
Ever-Growing ESI Volumes Drive Demand for eDiscovery Solutions

Table 1. Global Electronically Stored Information (ESI) Scenario: Annual ESI Volume in Exabytes (includes corresponding Graph/Chart)

Evolving Role of Big Data in Enterprise Environments Augments Opportunities for eDiscovery
Suitability of Digital Data for Investigational Purposes Drives Momentum for eDiscovery Solutions
Consolidation Trend Gathers Steam in eDiscovery Market
Select Merger & Acquisition (M&A) Deals in the eDiscovery Software and Services Market (2012-2015)
Private Equity Investments Pour In

Table 2. Select Private Equity (PE) Investments in the eDiscovery Software and Services Market (2012-2015)

Market Outlook

2. MARKET TRENDS & GROWTH DRIVERS

Market Witnesses Emerging Trend of Social Media Discovery
eDiscovery Aims to Widen Scope to Accommodate Mobile Devices
Email: The Most Targeted Data Source in eDiscovery
Predictive Coding to Fuel eDiscovery Market Growth
Language-Based Analytics Gaining Traction in eDiscovery Programs
LBA Steadily Gaining Image as Alternative to Predictive Coding
ECA Infuses Risk Evaluation Capability into eDiscovery Process
Early Data Assessment (EDA): An Emerging Technology in eDiscovery
Services: The Dominant Market Segment
Review Services: The Key Revenue Contributor for the Services Segment
Collection: A Noteworthy eDiscovery Services Vertical
Processing Services Continue to Drive Services Segment Revenues
Managed Services Model Gathers Steam
Market Sees Growing Demand for Software
Cloud-based SaaS Model Exhibits Rapid Growth
Hosted Software Licensing Model Grabbing Market Attention
Growing Demand from Government Agencies Bodes Well for Market Growth
Law Firms Seek the Sophistication of eDiscovery Solutions
Enterprises Prioritize eDiscovery Solutions in their Legal Departments
Associated Benefits Drive Demand for eDiscovery Solutions in Enterprise Environments
Enterprises Focus on Records Management to Augment eDiscovery Process

3. PRODUCT/TECHNOLOGY OVERVIEW

Introduction
Electronic Discovery Reference Model (EDRM): A Review
Various Phases in EDRM
Identification
Collection
Preservation
Processing
Review
Analysis
Production
Presentation
Types of eDiscovery Solutions
eDiscovery Software
On-Premise Software
Off-Premise Software
eDiscovery Services
End-Users of eDiscovery Solutions
Enterprises
Law Firms
Government & Regulatory Agencies
eDiscovery Process in Litigation Applications
Participants in Legal eDiscovery Programs
Litigant Enterprise
Consultants & Lawyers
eDiscovery Vendors
Legal Professionals
Key Focus Areas for Improving the Efficiency in eDiscovery Programs
Key People in eDiscovery Process

4. PRODUCT/SERVICE INTRODUCTIONS

Nuix Unveils Version 6. 2 of Nuix Engine
Advanced Discovery Rolls Out XpressLook
Sherpa Software Adds eDiscovery Module to its Altitude IG Solution
Symantec Launches eDiscovery Exchange
Recommind Launches Latest Version of Axcelerate
FTI Consulting Launches Version 8. 5 of Ringtail
FTI Technology Launches Information Compliance and Governance Services
AccessData Launches New eDiscovery Services
Cumulus Data Rolls Out eCloudAssess
Xerox Litigation Services Introduces New Pricing Program
LDiscovery Unveils New Versions of ECA and E-Direct Platforms
Symantec Launches Clearwell 8. 0 Powered eDiscovery Platform
HP Autonomy Launches Cloud-based eDiscovery Solution
Epiq Systems Launches Newest Version of Epiq Analytics
Recommind Integrates SourceOne and Axcelerate eDiscovery Platform
Recommind Enhances Axcelerate
Recommind Unveils Axcelerate Compatible with Box’s Cloud Content Management Services
Exterro Launches FusionNow
LexisNexis Releases New Version of Concordance Evolution
Elysium Digital Rolls Out Elysium Classify
UnitedLex Introduces Questio
Nuix Unveils eDiscovery
Guidance Software Integrates EnCase eDiscovery with Box Enterprise Cloud
Epiq Systems Rolls Out Epiq Portal 2.
Stroz Friedberg Unveils Relativity eDiscovery Solution
Xerox Litigation Services Unveils the Viewpoint Platform
Symantec Unleashes Clearwell eDiscovery Platform version 7. 1.
LexisNexis Releases Latest Version of Concordance Evolution
HP Autonomy Improves its eDiscovery Portfolio
Daegis Introduces New Capabilities in Daegis Edge
Daegis Reveals New Functionalities of its Daegis AXS-One Module
Daegis Launches Daegis Edge
FTI Consulting Launches Latest Version of its E-discovery Software
E-STET Unveils Managed Document Review Service
Kroll Ontrack Introduces eDiscovery Processing Capabilities
LDiscovery Unveils eDiscovery SaaS Solution

5. RECENT INDUSTRY ACTIVITY

Epiq Systems Acquires Iris Data Services
Inventus Solutions Acquires Unified OS
PwC Canada Takes Over Platinum Legal Group
DTI to Acquire Merrill’s Legal Solutions business
Lexmark Internationa Takes Over Kofax
Sonasoft Widens Email Archiving & eDiscovery Software for US Public Agencies to Include Canadian Government Entities
Clearview Capita Snaps Up Xact Data Discovery
NetDocuments Takes Over Recommind’s Decisiv Email Technology
OpenText Takes Over Informative Graphics
Discovia Inks Managed Services Agreement with Bradley Arant Boult Cummings
Iris Data Services Enters into Agreement with Lathrop & Gage
FTI Consulting Joins IBM in Reseller Partnership
Microsoft Acquires Equivio
ZyLAB Launches Channel Partner Program
Advanced Discovery Takes Over Responsive Data Solutions
Iris Data Services Takes Over Clarity Litigation Support
Xact Data Discovery Acquires Stake in C:DOX
Kroll Ontrack Unveils New eDiscovery Data Center in Germany
Compliance Inks Partnership with Nuix
Indexed I/O forms Strategic Alliance with Novitas Data
LDM Global Launches New Data Center in Sydney
InterLegis Partners with FLEX Discovery
TrustPoint International Snaps Up PartnerJD
AlixPartners Inaugurates New Data Centers in Munich and Shangha
QDiscovery forms Partnership with J
Recommind Launches Two New Data Centers
LDiscovery Merges with RenewData Corp
Xerox Takes Over Smart Data Consulting
LDiscovery Acquires Turnstone Solutions
LDiscovery Acquires Flash Data Solutions
HP Autonomy Teams Up with Celerity Consulting Group
Druva Partners with AccessData
OmniVere Acquires Three Different Discovery Service Providers
Ricoh Canada Acquires Commonwealth Legal
Epiq Systems Expands its Operations in Canada
NightOwl Inaugurates its eDiscovery Centre of Excellence
Daybreak Takes Over Cernam
TELUS Acquires Digital WYZDOM
Precision Discovery Takes Over DataClues
Quantum Discovery Snaps Up Preferred Imaging
Exterro to Provide Exterro Fusion to Siemens
LDiscovery Merges with AlphaLit
LexisNexis Signs Exclusive Licensing Agreement with Rosen Technology Resources
Haystack Information Discovery Uses LexisNexis LAW PreDiscovery
Daegis Participates in eDiscovery Partner Program
Daegis Unveils the Daegis Edge Brand
Daegis Opens New Review Centers
Elijah Merges with eDirect Impact

6. FOCUS ON SELECT GLOBAL PLAYERS

AccessData Group, Inc. (US)
Catalyst Repository Systems (US)
CommVault (US)
Daegis Inc. (US)
Driven, Inc. (US)
EMC Corporation (US)
Epiq Systems, Inc. (US)
FTI Consulting, Inc. (US)
Guidance Software, Inc. (US)
HP Autonomy (US)
IBM Corporation (US)
Integreon, Inc. (US)
Kroll Ontrack Inc. (US)
kCura (US)
LDiscovery LLC (US)
LexisNexis (US)
Navigant Consulting, Inc. (US)
Recommind, Inc. (US)
Sonasoft Corporation (US)
Stroz Friedberg (US)
Symantec Corporation (US)
Xerox Corporation (US)
ZyLAB Technologies B. V (The Netherlands)

7. GLOBAL MARKET PERSPECTIVE

Table 3. World Recent Past, Current and Future Analysis for eDiscovery (Software and Services) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed with Annual Revenues in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 4. World Historic Review for eDiscovery (Software and Services) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed with Annual Revenues in US$ Million for Years 2009 through 2013 (includes corresponding Graph/Chart)

Table 5. World 12-Year Perspective for eDiscovery (Software and Services) by Geographic Region - Percentage Breakdown of Dollar Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets for Years 2009, 2015, and 2020 (includes corresponding Graph/Chart)

Table 6. World Recent Past, Current and Future Analysis for eDiscovery (Software and Services) by Segment - Software and Services Markets Independently Analyzed with Annual Revenues in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 7. World Historic Review for eDiscovery (Software and Services) by Segment - Software and Services Markets Independently Analyzed with Annual Revenues in US$ Million for Years 2009 through 2013 (includes corresponding Graph/Chart)

Table 8. World 12-Year Perspective for eDiscovery (Software and Services) by Segment - Percentage Breakdown of Dollar Revenues for Software and Services Markets for Years 2009, 2015, and 2020 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Outlook
eDiscovery Solutions Finding Favor Among US Enterprises
eDiscovery Emerges as a Key Enabling Platform for US Law Firms
Federal Agencies Prioritize eDiscovery Solutions
Product/Service Launches
Strategic Corporate Developments
Select Players
B. Market Analytics

Table 9. US Recent Past, Current and Future Analysis for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 10. US Historic Review for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2009 through 2013 (includes corresponding Graph/Chart)

2. CANADA

A. Market Analysis
Outlook
eDiscovery Sees Robust Opportunities in Canada
Strategic corporate Developments
B. Market Analytics

Table 11. Canadian Recent Past, Current and Future Analysis for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 12. Canadian Historic Review for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2009 through 2013 (includes corresponding Graph/Chart)

3. JAPAN

A. Market Analysis
Outlook
Corporate Development
B. Market Analytics

Table 13. Japanese Recent Past, Current and Future Analysis for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 14. Japanese Historic Review for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2009 through 2013 (includes corresponding Graph/Chart)

4. EUROPE

A. Market Analysis
Outlook
Demand for eDiscovery Services Gathers Steam
Strategic Corporate Developments
ZyLAB Technologies B. V – A Key Dutch Player
B. Market Analytics

Table 15. European Recent Past, Current and Future Analysis for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 16. European Historic Review for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2009 through 2013 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

A. Market Analysis
Outlook
Globalization Trend and Growing Awareness to Drive eDiscovery Adoption
Strategic Corporate Development
B. Market Analytics

Table 17. Asia-Pacific Recent Past, Current and Future Analysis for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 18. Asia-Pacific Historic Review for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2009 through 2013 (includes corresponding Graph/Chart)

6. REST OF WORLD

Market Analysis

Table 19. Rest of World Recent Past, Current and Future Analysis for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 20. Rest of World Historic Review for eDiscovery (Software and Services) Market Analyzed with Annual Revenues in US$ Million for Years 2009 through 2013 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 216 (including Divisions/Subsidiaries - 227)
The United States (188)
Canada (7)
Japan (2)
Europe (22)
  The United Kingdom (15)
  Rest of Europe (7)
Asia-Pacific (Excluding Japan) (8)