e-Discovery market is expected to grow at a significant rate during the forecast period 2019-2025. The e-discovery or electronic discovery is proactive to manage information and records. In the e-discovery process, the information or record in electronic format is collected, shared, reviewed, and secure through electronically stored information (ESI), which is used as evidence in cases such as criminal, or legal cases. The e-discovery process can be carried out offline or in a network. The ESI has a wide range of digitally created content such as e-mails, social media, audio-video, company-specific databases, and Microsoft word documents. The digital data enable to investigate, and can be electronically searched easily. The digital data cannot be destroyed, as it is stored within the network or available on various hard drives and digital files. In e-discovery, data is stored as evidence in various forms such as text, images, animation, audio files, databases, websites, calendar files, spreadsheets, and computer programs. The malware such as viruses, trojans, and spyware can be investigated.  In cyber forensics, the e-discovery enables to investigate contents of the hard drive of a specific computer. The digital copy of the hardware is made by the investigators, by isolating the computer.

The e-discovery applications and technology enable organizations to leverage information and records through the huge volumes of content, which span enterprise, such as emails and eliminate exact copies to minimize effort and cost of reviewing remaining content. The e-discovery is considered to be costly and time-consuming, which can be reduced through implementing records management program such as Electronic Records Management (ERM) software. The e-discovery market is segmented on the basis of component, deployment, and verticals. On the basis of the component, the market is classified into services and software. The e-discovery software supports processing, analytics, review & production, auto detection of privileged materials, data visualization, case dynamics, and transcripts. Some of the e-discovery software offered by the companies includes Symantec eDiscovery, relativity, Exterro fusion e-discovery, nuix e-Discovery workstation, ringtail visual e-discovery, and HP Autonomy.

The e-discovery is an evolving field, assists in resolving multiple legal, security, political, constitutional, and personal privacy issues. Although, the high cost of e-discovery services and contradiction between data protection and e-discovery are the major restraining for the market.  However, the use of social media enables to develop a huge opportunity for e-discovery platform and services. The use of social media, website e-mails enables to expand the online presence, which expands the need for e-discovery services. The adoption of cloud computing is holding a strong position in the market; however, the high-profile trend comes with high-profile risks. For instance, during transitioning from firm’s e-discovery functions to the cloud may affect a firm’s security, business continuity, and compliance. On the basis of geography, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. The demand for e-discovery in North America dominates the global e-discovery market due to electronic media governance policies, support in the high deployment of e-discovery solutions.  However, Asia-Pacific is fastest growing due to the generation of huge data and adoption of digital technologies among small-medium-enterprises (SMEs).

Research Methodology:

The market study of the global e-discovery market is incorporated by extensive primary and secondary research conducted by a research team at OMR.  Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Authentic Public Databases such as the EDRM, ABA, and others
• Whitepapers, research-papers and news blogs
• Company websites and their product catalog.

The report is intended for e-discovery software & service provider, companies, research, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation:

• Global E-Discovery Market Research and Analysis by Component
• Global E-Discovery Market Research and Analysis by Deployment
• Global E-Discovery Market Research and Analysis by Vertical

The Report Covers:

• Comprehensive research methodology of the global e-discovery market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Insights about market determinants which are stimulating the global e-discovery market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.