Global eDiscovery Market By Offerings (Solutions, Services), By Organization Size (Large Enterprise, SMEs), By Use Cases (Investigation, Litigation and Legal Operations, Early Case Assessment, Others), By End Use Vertical (Government and Public Sector, Legal, BFSI, Media and Entertainment, Healthcare and Life Sciences, Retail and Consumer Goods, IT and Telecommunications, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global eDiscovery market was valued at $10 billion in 2021, and is projected to reach $25 billion by 2031, registering a CAGR of 9% from 2022 to 2031.
The eDiscovery market share is predicted to expand significantly during the forecast period due to increased Metadata protection. Furthermore, increase in usage of digitalization and artificial intelligence (AI) fuels the expansion of the market. However, high initial cost of installation and administration is the key factor constraining market expansion. On the contrary, increased market penetration across different end-use verticals is expected to propel eDiscovery market growth.
The global eDiscovery market is segmented into offering, organization size, use case, end use vertical and regions. On the basis of offering, the market is bifurcated into solutions and services. The solutions segment is further segmented into the market forensics & collections, processing & hosting, data analytics, document review, contract solutions, business advisory solutions, spend management solutions and others. In terms of services the market is divided into document processing & administrative support, shared services, contact center services and others.
On the basis of organization size, it is divided into large enterprises and small & medium-sized enterprises (SMEs). On the basis of use case the market is segmented into investigation, litigation & legal operations, early case assessment and others. On the basis of end use vertical, the market is categorized into government & public sector, legal, banking, financial services, and insurance, media & entertainment, healthcare & life sciences, retail & consumer goods, IT & telecommunications and others. Region-wise, the eDiscovery market trends are analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the market include CloudNine, CS DISCO Inc., Deloitte Touché Tohmatsu Limited, International Business Machines Corporation, KLDiscovery Limited, Lighthouse eDiscovery Inc., Microsoft Corporation, Nuix Limited, Onna Technologies Inc. and ZyLAB Technologies.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global ediscovery market analysis from 2021 to 2031 to identify the prevailing global ediscovery market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the global ediscovery market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global global ediscovery market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Offerings
Services
Services
Document Processing and Administrative Support
Shared Services
Trustee Services
Contact Centre Services
Others
Solutions
Solutions
Forensics and Collections
Processing and Hosting
Data Analytics
Document Review
Contract Solutions
Business Advisory Solutions
Spend Management Solutions
Others
By Organization Size
Large Enterprise
SMEs
By Use Cases
Investigation
Litigation and Legal Operations
Early Case Assessment
Others
By End Use Vertical
Government and Public Sector
Legal
BFSI
Media and Entertainment
Healthcare and Life Sciences
Retail and Consumer Goods
IT and Telecommunications
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
cloudnine
CS DISCO Inc.
Deloitte Touché Tohmatsu Limited
International Business Machines Corporation
KLDiscovery Limited
Lighthouse eDiscovery Inc.
Microsoft Corporation
Nuix Limited
Onna Technologies Inc.
ZyLAB Technologies
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