How is the Global eDiscovery Market predicted to develop in the future?

in ediscovery •  7 years ago 

Electronic discovery (sometimes known as e-discovery, ediscovery, eDiscovery, or e-Discovery) is the electronic aspect of identifying, collecting and producing electronically stored information (ESI) in response to a request for production in a law suit or investigation.

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The growth of the eDiscovery technologies market is also driven by factors, such as an increasing litigation in the Attorneys and Legal Supervisor and enterprise industry. However, factors such as high investment andinstallation cost are hindering the growth of this market.

E-discovery is becoming an increasingly important consideration for almost all organizations as a result of the enormous number of civil cases filed each year, the growing proportion of business records that are stored electronically, new statutes at all levels of government focused on electronically-stored information, and a growing body of court rulings that are making the discovery and presentation of electronic data more important.

In order to satisfy e-discovery obligations, organizations should be fully aware of their current and reasonably anticipated information retention obligations, become much more proactive about how they retain and manage data, implement appropriate technology that can archive data and allow legal holds to be implemented easily, and take the other steps necessary to minimize the risks of non-compliance with e-discovery obligations.

Increased litigation and regulation coupled with expanding use cases for eDiscovery software will continue to drive moderate growth in the worldwide eDiscovery market. The data solution market, however, is maturing rapidly as buyers search for automation to solve well-defined problems. To meet maturing needs, eDiscovery Solution and service providers are already creating robust strategies to use existing search and analytics competencies to compete in the white hot content analytics and cognitive solution markets.

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This report focuses on the global top players, covered

Symantec Corporation

IBM

Xerox Legal Business Services

Exterro

EMC

Epiq Systems

HPE

Kcura Corporation

Accessdata

FTI Technology

Deloitte

Advanced Discovery

DTI

Consilio

KrollOntrack

Zylab

Guidance Software

Integreon

KPMG

FRONTEO

Recommind

Veritas

Navigant

PwC

Ricoh

UnitedLex

LDiscovery

Lighthouse eDiscovery

Thomson Reuters

iCONECT Development

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India
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