Größe des globalen eDiscovery-Marktes wächst um 17,2 Milliarden US-Dollar, neue Produkteinführungen als Schlüsseltrend – Market.us

The eDiscovery market is projected to grow from $11.2 billion in 2022 to $17.1 billion in 2027, at a compound annual growth rate (CAGR) of 8.7% over the forecast period.

The eDiscovery market helps reduce complex legal cases and reduce the time it takes to review documents. The eDiscovery process is IT-centric. This means that large amounts of structured and unstructured information must be identified, stored and collected before it can be transferred to another party for review, processing and analysis. The storage requirements for eDiscovery are significant. eDiscovery is a complex process that requires significant computing resources. This is because advanced data verification technologies and analytics technologies are used to extract legal insights from the ESI corpus.

Request a sample to get comprehensive insights into the e-discovery market:  https://market.us/report/ediscovery-market/request-sample/

market dynamics

Drivers
The main driver behind the global growth of the e-discovery market is the increasing adoption of digital technologies. Data has seen an exponential increase in the number of companies across all sectors over the past decade. Due to the population explosion, the data is growing rapidly. Almost 90% of the world’s data has been created in recent years. By 2020, an estimated 44 zettabytes will be available.

opportunities
Artificial intelligence wants to revolutionize the legal profession. It is expected that AI-based analytics will improve the speed and quality of the discovery process. AI is also useful in text classification and translation. Embedding analytics and AI in eDiscovery is likely to provide major opportunities in the eDiscovery market for key vendors.

Constraints
In order for your business to run smoothly, you need cyber security. Cyber ​​attacks and data breaches have increased in recent years. This can be considered as the major constraint in the global electronic discovery market. Many companies are unaware of this problem and their data is unprotected. This makes them more vulnerable to cyber attacks.

challenges

The major players in the global market will face significant challenges due to the high cost of maintenance and installation.

For Buy Now:  https://market.us/purchase-report/?report_id=20436

The following top manufacturers are evaluated in this report

Symantec Corporation
IBM
Xerox Legal Business Services
Exterro
EMV
Epiq Systems
HPE
Kcura Corporation Credentials
FTI
Technology
Deloitte
Advanced Discovery
DTI
Consilio
Kröll Ontrack
Zylab
Management Software
Integration
KPMG
Fronteo

Recent Developments

DISCO introduced DISCO Case Builder in February 2020. DISCO Case Builder was a cloud-based, centralized repository that allowed for the management and organization of all case materials.

KLDiscovery launched Nebula Enterprise in March 2022. Nebula Enterprise, an extensible plug-and-play appliance that addresses a variety of compliance and security concerns, extended the power, flexibility, and advanced feature set of Nebula Enterprise to customers‘ data centers.

Nuix has partnered with KordaMentha, a well-known investment and advisory firm. KordaMentha provided clients with secure eDiscovery software and forensic expertise through this partnership.

Worldwide eDiscovery Market Statistics by Types:

ECA
is processing
Review
Forensic Data Collection
Legal Hold Management

Global eDiscovery Market Outlook by Application:

Lawyers and legal advisers
Government and regulatory bodies
Corporate legal and IT departments

Some of the major regions included in this report are:

– North America (the US and Canada and the rest of North America)

– Europe (Germany, France, Italy and rest of Europe)

– Asia Pacific (China, Japan, India, South Korea and Rest of Asia Pacific)

– LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and rest of LAMEA)

Browse full report with facts and figures:  https://market.us/report/ediscovery-market/

Frequently Asked Questions (FAQ):

What is the CAGR forecast in the E-Discovery market?

How good is the revenue generation in the e-discovery market?

What is the competitive background in the e-discovery market?

Which are the top performing regions in the e-discovery market?

What factors are likely to positively impact the e-discovery market?

CONTACT US :

Market.us Business Development Team (Developed by Prudour Pvt. Ltd.)

Email:  inquiry@market.us

Talk to:

420 Lexington Avenue, Suite 300 New York, NY 10170, USA Tel: +1718 618 4

Über Prudour Pvt. Ltd.

Powered by Prudour Pvt. Ltd. liefert maßgeschneiderte Forschungslösungen, indem es sein breites Spektrum an Forschungsmethoden, Datenbanken und Ressourcen einsetzt. Dies wird durch unsere weltweite Erfahrung in syndizierten und maßgeschneiderten Industrieprojekten noch verstärkt.

Firmenkontakt und Herausgeber der Meldung:

Prudour Pvt. Ltd.
Survey No. 3/1,4/1/3 Rajwade Commercial Complex Office No. 8, Phase 2 Behind SBI Bank, , Pune – Bengaluru Hwy, Ambegaon BK
IND411046 Pune, Maharashtra
Telefon: +1 (857) 2390696
https://prudour.com/

Ansprechpartner:
Manager Lawrence John
Geschäftsentwicklung
E-Mail: lawrence@prudour.com
Für die oben stehende Pressemitteilung ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel