E-Discovery Market - Overview
Market Research Future (MRFR), in its latest the
global E-Discovery
Market report, states that the world
e-discovery market 2020 is poised to value at USD 24 Bn. Through the forecast
period 2017-2023, the E-discovery market is expected to rise at about 20% CAGR.
The growing utility of electronic discovery or e-discovery to collect,
identify, and produce ESI as a response to the production request for law suit
and investigation can boost the growth of the e-discovery market. The
electronically stored information contains social media, websites, voicemail,
video and audio files, documents, databases, emails, presentations, and more.
The performed of e-discovery on computer network can boost the e-discovery
market growth.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/3321
There are different drivers of the e-discovery market.
They are identified by Market Research Future (MRFR), including the penetration
of Internet of Things into cash rich industries, plus the growing volume of
digital assets in government agencies and other reputed enterprises.
Initiatives and the support by various government to implement e-discovery
process across enterprises of different size can boost the expansion of the
market.
The rise in the utility of social media platforms, such
as LinkedIn, Twitter, and Facebook and increased implementation of data
protection regulations can boost the expansion of the market. The high
compliance need for the growing demand for forensic tools, analytics, and
business intelligence (BI) can impel the expansion of the e-discovery market.
The increased utility of social media platforms that provide electronic
evidence that concern legal matters can impel the expansion of the global
e-discovery market.
Market Segmentation
MRFR’s segmental study of the world e-discovery market is
based on deployment, solution, vertical, and service.
The solution based segments of the market are technology
assisted review and early case assessment. The assisted review technology can
secure the largest share of the world market in the predicted years.
The deployment based segments of the e-discovery market
are on-cloud and on-premise. The on-cloud based segment can dominate the
overall market in the study period. The growing influence of the technology
across businesses due to benefits, such as portability, compliance,
flexibility, security, increased storage, and scalability can prompt the
expansion of the market in the years to come.
The service based segments of the e-discovery market are
training, consultant, and support.
The vertical based segments of the e-discovery market are
energy and utilities, IT and telecommunication, transportation and logistics,
and legal sector. The IT and telecommunication based segment can impel the
expansion of the market in the predicted years.
Regional Analysis
The e-discovery market segment reveals growth
opportunities and the latest trends of the market across Asia Pacific and
Europe, followed by North America and the Rest of the World. In North America,
the e-discovery market can generate considerable revenue due to the rise in
technology implementation, better network infrastructure, and digitization.
Digitization, and other technological advancements, plus economies can benefit
the regional market. The presence of different key players can boost Asia
Pacific e-discovery market in the assessment period. The rise in the
implementation of software by small enterprises can boost the expansion of the
e-discovery market. The high demand for e-discovery due to rise in the need for
better productivity across organization can impel the expansion of the market.
Competitive Landscape:
The global market report on the E-Discovery Market reveals an understanding of major companies like FTI
Technology LLC (U.S.), IBM Corporation (U.S.), Zylab Technologies (U.S.), Kcura
LLC (U.S.), Hewlett Packard Enterprise (U.S.), Xerox Corporation (U.S.), Ernst
& Young Global Limited (U.K.), Logik (U.S.), Lexbe (U.S.), Navigant
Consulting (U.S.), and others.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/e-discovery-market-3321
About Market
Research Future:
At Market
Research Future (MRFR), we enable our customers to unravel the complexity of
various industries through our Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research
(CFR), and Market Research & Consulting Services.
Contact:
Market
Research Future
+1 646 845
9312
Email: sales@marketresearchfuture.com
No comments:
Post a Comment