{"product_id":"ediscovery-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"eDiscovery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eeDiscovery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003c\/p\u003e\n\n\u003cp\u003eMarket Overview:\u003c\/p\u003e\n\n\u003cp\u003eThe global eDiscovery market size reached US$ 12.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.39% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003eeDiscovery 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.\u003c\/p\u003e\n\n\u003cp\u003eRapid 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.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eIMARC Group provides an analysis of the key trends in each sub-segment of the global eDiscovery market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment type, end-user and vertical.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Component:\u003c\/p\u003e\n\n \u003cp\u003eServices\u003cbr\u003e\n Software\u003c\/p\u003e\u003cbr\u003e\n  \n\n\u003cp\u003eBreakup by Deployment Type:\u003c\/p\u003e\n\n \u003cp\u003eOn-premises\u003cbr\u003e\n Cloud-based\u003cbr\u003e\n Hybrid\u003c\/p\u003e\u003cbr\u003e\n  \n\n\u003cp\u003eBreakup by End-User:\u003c\/p\u003e\n\n \u003cp\u003eGovernment\/Federal Agencies, Legal and Regulatory Firms\u003cbr\u003e\n Enterprises\u003c\/p\u003e\u003cbr\u003e\n  \n\n\u003cp\u003eBreakup by Vertical:\u003c\/p\u003e\n\n \u003cp\u003eBFSI\u003cbr\u003e\n Retail and Consumer Goods\u003cbr\u003e\n Manufacturing\u003cbr\u003e\n Legal\u003cbr\u003e\n IT and Telecommunication\u003cbr\u003e\n Government\u003cbr\u003e\n Energy and Utilities\u003cbr\u003e\n Healthcare and Life Science\u003cbr\u003e\n Others\u003c\/p\u003e\u003cbr\u003e\n  \n\n\u003cp\u003eBreakup by Region:\u003c\/p\u003e\n\n \u003cp\u003eNorth America\u003cbr\u003e\n \u003cbr\u003e\n  United States\u003cbr\u003e\n  Canada\u003cbr\u003e\n \u003cbr\u003e\n \u003cbr\u003e\n Asia Pacific\u003cbr\u003e\n \u003cbr\u003e\n  China\u003cbr\u003e\n  Japan\u003cbr\u003e\n  India\u003cbr\u003e\n  South Korea\u003cbr\u003e\n  Australia\u003cbr\u003e\n  Indonesia\u003cbr\u003e\n  Others\u003cbr\u003e\n \u003cbr\u003e\n \u003cbr\u003e\n Europe\u003cbr\u003e\n \u003cbr\u003e\n  Germany\u003cbr\u003e\n  France\u003cbr\u003e\n  United Kingdom\u003cbr\u003e\n  Italy\u003cbr\u003e\n  Spain\u003cbr\u003e\n  Russia\u003cbr\u003e\n  Others\u003cbr\u003e\n \u003cbr\u003e\n \u003cbr\u003e\n Latin America\u003cbr\u003e\n \u003cbr\u003e\n  Brazil\u003cbr\u003e\n  Mexico\u003cbr\u003e\n  Others\u003cbr\u003e\n \u003cbr\u003e\n \u003cbr\u003e\n Middle East and Africa\u003c\/p\u003e\n\n\u003cp\u003eCompetitive Landscape:\u003c\/p\u003e\n\n\u003cp\u003eThe 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.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report:\u003c\/p\u003e\n\n\u003cp\u003eWhat was the size of the global eDiscovery market in 2022?\u003cbr\u003e\nWhat is the expected growth rate of the global eDiscovery market during 2023-2028?\u003cbr\u003e\nWhat are the key factors driving the global eDiscovery market?\u003cbr\u003e\nWhat has been the impact of COVID-19 on the global eDiscovery market?\u003cbr\u003e\nWhat is the breakup of the global eDiscovery market based on the component?\u003cbr\u003e\nWhat is the breakup of the global eDiscovery market based on the deployment type?\u003cbr\u003e\nWhat is the breakup of the global eDiscovery market based on the end user?\u003cbr\u003e\nWhat is the breakup of the global eDiscovery market based on the vertical?\u003cbr\u003e\nWhat are the key regions in the global eDiscovery market?\u003cbr\u003e\nWho are the key players\/companies in the global eDiscovery market?\u003c\/p\u003e","brand":"Public Sector","offers":[{"title":"March, 2023 \/ 145 Pages \/ MCW16264475","offer_id":47705131057458,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/ediscovery-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}