E-Discovery Market Is Expected to Reach USD 14.63 Billion by 2022, Growing at a CAGR of 11.4% from 2016 to 2022

The E-Discovery market report provides granular analysis of the revenue forecasts and growth trends in the global market. It concentrates on the major drivers, restraints, market share, and segmentation on the global scale.

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Chicago, IL -- (SBWire) -- 02/15/2017 --According to the report, "E-Discovery Market, By Solution (Early Case Assessment, Legal Hold, Data Processing, Data Production, Technology Assisted Review), By Service (Implementation, Consulting, Training & Support, Managed Services), By Deployment (On-Premise, Cloud-based), By Vertical (Retail, Legal, Government, Healthcare, Energy & Utilities, BFSI, Transportation & Logistics, Hospitality & Entertainment), and By Geography (North America, Europe, Asia-Pacific, Middle East & Africa, Latin America) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", the market for e-Discovery is expected to grow at an impressive Compound Annual Growth Rate (CAGR).

The E-Discovery market report provides granular analysis of the revenue forecasts and growth trends in the global market. It concentrates on the major drivers, restraints, market share, and segmentation on the global scale.

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According to the e-Discovery market report, the global market is estimated to witness growth at an impressive growth rate. This growth is strongly driven by the growing demands to reduce the litigation costs from the private enterprises and governments around the world. According to the report, the rising big data, demand for pre-litigation plans, and the need to secure the valuable electronic data are also expected to drive the growth of this market. The advancing technologies are also expected to play a key role in creating attractive investment opportunities for the key players in this market. The key restraining factors highlighted in this report include diversified regulations for e-documentation and the lack of awareness towards the investments in e-discovery solutions.

The e-Discovery market report segments the global market by solutions, service, deployment, verticals, and geographic regions. The major solution segments in the market include legal hold, early case assessment, data production, data processing, and technology assisted review. The deployment types include cloud-based and on-premise deployment. The major service segments in the market include training & support, consulting, implementation, and managed services. The report segments the market verticals into legal, retail, government, energy & utilities, hospitality & entertainment, transportation & logistics, BFSI, and healthcare. The major geographic segments of the market include North America, Latin America, Asia-Pacific, Europe, and Middle East and Africa.

The e-Discovery market report suggests that North America will continue to dominate the global market based on the market share and revenue. It expects Asia-Pacific to be the fastest-growing geographic segment. The report includes some of the key market players, which include AccessData Group LLC, Cisco Systems, Inc., Exterro, Inc., Hewlett-Packard Development Company L.P., IBM Corporation, Kcura Corporation, Recommind, Inc., Symantec Corporation, Xerox Corporation, ZyLAB, Guidance Software, Inc., and such others.

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