North America eDiscovery Market Size, Share & Industry Trends Analysis Report By Component, By Deployment Model (Cloud and On-premise), By Organization Size, By Vertical, By Country and Growth Forecast, 2022 - 2028
The North America eDiscovery Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028).
When parties are obliged to produce relevant records and evidence linked to a case during the early stages of litigation, e-discovery is used. This procedure entails receiving and transferring electronic data that has been sought, identified, secured, and searched for the purpose of using it as evidence. E-discovery can be done offline on a particular computer or remotely via a network. Any material in an electronic format, such as emails, texts, and social media posts, is included in the data acquired during the e-discovery process.
In the United States federal court system, e-discovery is employed in civil proceedings and legal processes. Electronic discovery is similarly governed by norms in other court systems across the globe. In England, for example, it is a civil procedure with a pre-determined procedure. Parties to a lawsuit used to communicate pertinent information via physical documents before e-discovery. E-discovery has expanded this approach that incorporates material stored electronically (ESI). Throughout the litigation process, both sides find and preserve important ESI, making e-discovery requests and challenges.
Some of the important factors driving the growth of the e-discovery market in the U.S. are the rise in usage of digital forensics solutions and expanding cloud computing landscape. Nearly all the states in the union have already passed e-discovery legislation. Hawaii, the newest state, hasn't made the list yet and is actively working to enact e-discovery regulations. The most recent e-discovery laws are also found in California. This situation allows the use of e-discovery technologies to mine the necessary material and provide it to the court due to the country's extremely permeable e-discovery regulations.
The US market dominated the North America eDiscovery Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,279.9 million by 2028. The Canada market is expecting to grow at a CAGR of 9.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.5% during (2022 - 2028).
Based on Component, the market is segmented into Services and Solution (Identification, Preservation & Collection, Processing, Review & Analysis, and Production & Presentation). Based on Deployment Model, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, Manufacturing, Government, Telecom & IT, Consumer Goods & Retail, Healthcare & Life Sciences, Energy & Utilities, Legal, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Deloitte Touche Tohmatsu Limited, CS Disco, Inc., Nuix Limited, KLDiscovery Inc., Relativity ODA LLC, Ipro Tech, LLC (ZyLab), Exterro, Inc., and Knovos, LLC.
Scope of the Study
Market Segments covered in the Report:
By Component
- Services
- Solution
- Identification, Preservation & Collection
- Processing, Review & Analysis
- Production & Presentation
- Cloud
- On-premise
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
- BFSI
- Manufacturing
- Government
- Telecom & IT
- Consumer Goods & Retail
- Healthcare & Life Sciences
- Energy & Utilities
- Legal
- Others
- US
- Canada
- Mexico
- Rest of North America
- Microsoft Corporation
- IBM Corporation
- Deloitte Touche Tohmatsu Limited
- CS Disco, Inc.
- Nuix Limited
- KLDiscovery Inc.
- Relativity ODA LLC
- Ipro Tech, LLC (ZyLab)
- Exterro, Inc.
- Knovos, LLC
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America eDiscovery Market, by Component
- 1.4.2 North America eDiscovery Market, by Deployment Model
- 1.4.3 North America eDiscovery Market, by Organization Size
- 1.4.4 North America eDiscovery Market, by Vertical
- 1.4.5 North America eDiscovery Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Acquisition and Mergers
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Jan – 2022, Apr) Leading Players
- Chapter 4. North America eDiscovery Market by Component
- 4.1 North America Services Market by Country
- 4.2 North America Solution Market by Country
- 4.3 North America eDiscovery Market by Solution Type
- 4.3.1 North America Identification, Preservation & Collection Market by Country
- 4.3.2 North America Processing, Review & Analysis Market by Country
- 4.3.3 North America Production & Presentation Market by Country
- Chapter 5. North America eDiscovery Market by Deployment Model
- 5.1 North America Cloud Market by Country
- 5.2 North America On-premise Market by Country
- Chapter 6. North America eDiscovery Market by Organization Size
- 6.1 North America Large Enterprises Market by Country
- 6.2 North America Small & Medium-sized Enterprises (SMEs) Market by Country
- Chapter 7. North America eDiscovery Market by Vertical
- 7.1 North America BFSI Market by Country
- 7.2 North America Manufacturing Market by Country
- 7.3 North America Government Market by Country
- 7.4 North America Telecom & IT Market by Country
- 7.5 North America Consumer Goods & Retail Market by Country
- 7.6 North America Healthcare & Life Sciences Market by Country
- 7.7 North America Energy & Utilities Market by Country
- 7.8 North America Legal Market by Country
- 7.9 North America Others Market by Country
- Chapter 8. North America eDiscovery Market by Country
- 8.1 US eDiscovery Market
- 8.1.1 US eDiscovery Market by Component
- 8.1.1.1 US eDiscovery Market by Solution Type
- 8.1.2 US eDiscovery Market by Deployment Model
- 8.1.3 US eDiscovery Market by Organization Size
- 8.1.4 US eDiscovery Market by Vertical
- 8.2 Canada eDiscovery Market
- 8.2.1 Canada eDiscovery Market by Component
- 8.2.1.1 Canada eDiscovery Market by Solution Type
- 8.2.2 Canada eDiscovery Market by Deployment Model
- 8.2.3 Canada eDiscovery Market by Organization Size
- 8.2.4 Canada eDiscovery Market by Vertical
- 8.3 Mexico eDiscovery Market
- 8.3.1 Mexico eDiscovery Market by Component
- 8.3.1.1 Mexico eDiscovery Market by Solution Type
- 8.3.2 Mexico eDiscovery Market by Deployment Model
- 8.3.3 Mexico eDiscovery Market by Organization Size
- 8.3.4 Mexico eDiscovery Market by Vertical
- 8.4 Rest of North America eDiscovery Market
- 8.4.1 Rest of North America eDiscovery Market by Component
- 8.4.1.1 Rest of North America eDiscovery Market by Solution Type
- 8.4.2 Rest of North America eDiscovery Market by Deployment Model
- 8.4.3 Rest of North America eDiscovery Market by Organization Size
- 8.4.4 Rest of North America eDiscovery Market by Vertical
- Chapter 9. Company Profiles
- 9.1 Microsoft Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.6 SWOT Analysis
- 9.2 IBM Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Regional & Segmental Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 Deloitte Touche Tohmatsu Limited
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Recent strategies and developments:
- 9.3.3.1 Product Launches and Product Expansions:
- 9.3.3.2 Geographical Expansions:
- 9.4 CS Disco, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Geographical Expansions:
- 9.5 Nuix Limited
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Product Launches and Product Expansions:
- 9.5.5.3 Acquisition and Mergers:
- 9.6 KLDiscovery Inc.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Research & Development Expenses
- 9.6.4 Recent strategies and developments:
- 9.6.4.1 Partnerships, Collaborations, and Agreements:
- 9.6.4.2 Product Launches and Product Expansions:
- 9.6.4.3 Acquisition and Mergers:
- 9.7 Relativity ODA LLC
- 9.7.1 Company Overview
- 9.7.2 Recent strategies and developments:
- 9.7.2.1 Partnerships, Collaborations, and Agreements:
- 9.7.2.2 Acquisition and Mergers:
- 9.8 Ipro Tech, LLC (ZyLab)
- 9.8.1 Company Overview
- 9.8.2 Recent strategies and developments:
- 9.8.2.1 Acquisition and Mergers:
- 9.9 Exterro, Inc.
- 9.9.1 Company Overview
- 9.9.2 Recent strategies and developments:
- 9.9.2.1 Partnerships, Collaborations, and Agreements:
- 9.9.2.2 Product Launches and Product Expansions:
- 9.9.2.3 Acquisition and Mergers:
- 9.9.2.4 Geographical Expansions:
- 9.10. Knovos, LLC
- 9.10.1 Company Overview
- 9.10.2 Recent strategies and developments:
- 9.10.2.1 Partnerships, Collaborations, and Agreements:
- 9.10.2.2 Product Launches and Product Expansions:
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