The ediscovery software market is forecasted to grow by USD 13574.5 mn during 2023-2028, accelerating at a CAGR of 15.7% during the forecast period. The report on the ediscovery software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising volume of electronic data, need to establish regulatory compliances, and mobile and application flexibility.
Technavio's ediscovery software market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
13.76%
CAGR
15.7%
Incremental Value
$13574.5mn
By Component
Solution
Services
By Deployment
On-premises
Off-premises
By Geography
North America
Europe
APAC
Middle East and Africa
South America
This study identifies the automation and processing of social media data and collaboration tools as one of the prime reasons driving the ediscovery software market growth during the next few years. Also, high demand for dynamic document solutions and outsourcing of ediscovery software among organizations will lead to sizable demand in the market.
The report on the ediscovery software market covers the following areas:
Ediscovery software market sizing
Ediscovery software market forecast
Ediscovery software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ediscovery software market vendors that include Alphabet Inc., CloudNine, Commvault Systems Inc., Conduent Inc., CS Disco Inc, Deloitte Touche Tohmatsu Ltd., Epiq Systems Inc., Everlaw Inc., Exterro Inc., FTI Consulting Inc., International Business Machines Corp., Ipro Tech LLC, KLDiscovery Inc., Logik Systems Inc., Microsoft Corp., Nuix Pty Ltd., OpenText Corp., Relativity Global LLC, Veritas Technologies LLC, and Xerox Holdings Corp.. Also, the ediscovery software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Component
Executive Summary - Chart on Market Segmentation by Deployment
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Ediscovery Software Market 2018 - 2022
Historic Market Size - Data Table on Global Ediscovery Software Market 2018 - 2022 ($ million)