Market Overview:
The global eDiscovery market reached a value of US$ 11.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 18.5 Billion by 2027, exhibiting at a CAGR of 8.49% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment type, end-user and vertical.
Breakup by Component:
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
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Component, Deployment Type, End-User, Vertical, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
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) and ZyLAB Technologies |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global eDiscovery market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global eDiscovery market?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the deployment type?
- What is the breakup of the market based on the end-user?
- What is the breakup of the market based on the vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global eDiscovery market and who are the key players?
- What is the degree of competition in the industry?
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 Figures
Figure 1: Global: eDiscovery Market: Major Drivers and Challenges
Figure 2: Global: eDiscovery Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: eDiscovery Market: Breakup by Component (in %), 2021
Figure 4: Global: eDiscovery Market: Breakup by Deployment Type (in %), 2021
Figure 5: Global: eDiscovery Market: Breakup by End-User (in %), 2021
Figure 6: Global: eDiscovery Market: Breakup by Vertical (in %), 2021
Figure 7: Global: eDiscovery Market: Breakup by Region (in %), 2021
Figure 8: Global: eDiscovery Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: eDiscovery (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: eDiscovery (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: eDiscovery (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: eDiscovery (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: eDiscovery (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: eDiscovery (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: eDiscovery (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: eDiscovery (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: eDiscovery (Hybrid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: eDiscovery (Hybrid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: eDiscovery (Government/Federal Agencies, Legal and Regulatory Firms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: eDiscovery (Government/Federal Agencies, Legal and Regulatory Firms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: eDiscovery (Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: eDiscovery (Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: eDiscovery (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: eDiscovery (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: eDiscovery (Retail and Consumer Goods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: eDiscovery (Retail and Consumer Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: eDiscovery (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: eDiscovery (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: eDiscovery (Legal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: eDiscovery (Legal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: eDiscovery (IT and Telecommunication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: eDiscovery (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: eDiscovery (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: eDiscovery (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: eDiscovery (Energy and Utilities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: eDiscovery (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: eDiscovery (Healthcare and Life Science) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: eDiscovery (Healthcare and Life Science) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: eDiscovery (Other Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: eDiscovery (Other Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: North America: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: North America: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: United States: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: United States: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Canada: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Canada: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Asia Pacific: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Asia Pacific: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: China: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: China: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Japan: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Japan: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: India: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: India: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: South Korea: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: South Korea: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Australia: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Australia: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Indonesia: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Indonesia: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Others: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Others: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Europe: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Europe: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Germany: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Germany: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: France: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: France: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: United Kingdom: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: United Kingdom: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Italy: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Italy: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Spain: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Spain: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Russia: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Russia: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Latin America: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Latin America: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Brazil: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Brazil: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Mexico: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Mexico: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Others: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Others: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Middle East and Africa: eDiscovery Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Middle East and Africa: eDiscovery Market Forecast: Sales Value (in Million US$), 2022-2027
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
List of Tables
Table 1: Global: eDiscovery Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: eDiscovery Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: eDiscovery Market Forecast: Breakup by Deployment Type (in Million US$), 2022-2027
Table 4: Global: eDiscovery Market Forecast: Breakup by End-User (in Million US$), 2022-2027
Table 5: Global: eDiscovery Market Forecast: Breakup by Vertical (in Million US$), 2022-2027
Table 6: Global: eDiscovery Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: eDiscovery Market Structure
Table 8: Global: eDiscovery Market: Key Players