The global e-Discovery market is estimated to value at approximately US$ 9 Bn in 2018, and is expected to register a CAGR of 10.9% over the forecast period. The first five-year cumulative revenue (2018–2022) is projected to be over US$ 56 Bn, which is expected to increase significantly over the latter part of the five-year forecast period.

Worldwide e-Discovery Market About To Hit CAGR of 10.9% From 2018 to 2027

Global E-Discovery Market: Segmental Snapshot

The market report has been segmented on the basis of component type, application, and region/county. The component type segment includes software and services. The software segment is further sub-segmented into On-Premise Software and Off-Premise. The application segment corporate, education, government, and third-party planners. The regions/countries covered in the analysis includes North America, Europe, China, Japan, Southeast Asia, India, South America, Middle East & Africa, and Rest of the World.

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By Component type: The software segment is expected to register highest CAGR of over 12% between 2018 and 2027

By Application: The government segment is projected register highest CAGR of over 11% over the forecast period, owing to increasing government initiatives and, especially in developed countries such as the US and the UK, is expected to create revenue opportunities for manufacturers in the future.

By Region/Country: The market in North America accounted for highest revenue share in the global e-Discovery market in 2017. The market in China is expected to register highest CAGR of over 11.5% between 2018 and 2027, owing to increasing adoption of e-Discovery solutions in civil litigations in the country.

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Global E-Discovery Market: Competitive Analysis

The research report on the global e-Discovery market include profiles of some of major companies such as Logik Systems, Inc., Nextpoint, Inc., CloudNine, Elevate Services, Inc. (E-STET), Zapproved LLC., Safelink Data Rooms, Ipro Tech, LLC, Sherpa Software, OpenText Corporation, and Cicayda, LLC.

Source: E-Discovery Market Infographics By Market Research