eDiscovery Market Size 2021-26: Industry Trends, Share, Analysis and Forecast


According to IMARC Group’s latest report, titled “eDiscovery Market Size: Industry Trends, Share,  Growth, Opportunity and Forecast 2021-2026. Looking forward,  the market is expected to grow at a CAGR of around 9% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

eDiscovery is the process of recognizing, collecting, and exhibiting electronically stored information (ESI) used for legal investigations. It includes emails, documents, presentations, databases, voicemails, social media data, and audio and video files for investigation. eDiscovery also includes raw data and metadata used for tracings hidden evidence by forensic investigators. The evidence is then collected and processed using cyber-forensic techniques and is converted into digital formats for demonstration in the court. They identify patterns and conduct analytical research to investigate legal, constitutional, political, and privacy issues.

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Market Trends

Rapid digitization, along with increasing adoption of the Internet of Things (IoT)-enabled devices and cloud computing systems, has significantly augmented the inception of digital data, therefore, elevating the demand for eDiscovery solutions for information access and recovery. Furthermore, these systems are extensively used by various government organizations to enforce compliance, translation, and data security, thereby further escalating the market growth. Legal and government organizations are also focusing on streamlining their operations and minimizing operational costs by adopting advanced technologies, such as eDiscovery. Additionally, rising cases of felonies, such as money laundering and tax fraud, are also subjected to drive the eDiscovery market in the coming year.

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List of Key Companies Covered in this Market Report:

  • 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

The report has segmented the market on the basis of component, deployment type, end-user, vertical and geography

Breakup by Component:

  • Services
  • Software

Breakup by Deployment Type:

  • On-premises
  • Cloud-based
  • Hybrid

Breakup by End-User:

  • Government Agencies
  • Enterprises
  • Law Firms

Breakup by Vertical:

  • BFSI
  • Retail and Consumer Goods
  • Manufacturing
  • Legal
  • IT and Telecommunication
  • Government
  • Energy and Utilities
  • Healthcare and Life Science
  • Others

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group
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Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
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