E-Discovery Market – to Witness Double Digit CAGR Of 10.9% By 2026

e-Discovery (also called Electronic discovery or e-Discovery) refers to any process in which electronic data is sought, located, secured, and searched with the intent of using it as evidence in a civil or criminal legal case. e-Discovery can be carried out offline on a particular computer or it can be done in a network. e-Discovery is defined as a set of processes for the identification, preservation, collection, processing, review, analysis and production of electronically stored information (ESI).

The global centrifugal blowers market in sulfur recovery and other applications was valued at around US$ 0.3 Bn in 2017, and is expected to register a CAGR of 5.9%. 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.

The global e-Discovery market report has been segmented on the basis of component type, application, and region/country.

On the basis of component type, the global e-Discovery market is segmented software and services. The software segment is further sub-segmented into on-premise software and off-premise software. The software segment is expected to dominate the global e-Discovery market, owing to increasing electronic data volumes across enterprises globally. The services segment is expected to contribute major revenue share in the global e-Discovery market, and the software segment is expected to witness highest CAGR of over 12%, in terms of revenue over the forecast period.

On the basis of application, the global e-Discovery market is segmented into corporate, education, government, and third-party planners. The corporate segment is expected to dominate the global e- Discovery market, owing to growing demand for the security of legal data during the process of legal cases. Among all the application segments, the government segment is expected to contribute major revenue share in the global e-Discovery market, and is expected to witness highest CAGR of over 11%

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China market is expected to witness the highest CAGR growth of over 11.5% in the global e-Discovery market during the forecast period. On the basis of region/country, the global e-Discovery market is segmented into North America, Europe, China, Japan, Southeast Asia, India, South America, Middle East & Africa, and Rest of the World. The market in North America is expected to dominate the global e-Discovery market and account for highest market share in terms of revenue due to increasing use of e-Discovery solutions in civil litigations and need to improve information governance in enterprises of all sizes.

Prominent players in the global e-Discovery market 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.

 

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