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E-discovery market worth USD 14.63 billion by 2022

IT Market Research

The global e-discovery market is expected to grow from USD 7.64 billion in 2016 and reach USD 14.63 billion by 2022, growing at a CAGR of 11.4%.

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According to the new market research 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) - Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", published by Scalar Market Research, 

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North America: Expected to dominate the e-discovery market

The North America region is expected to hold the largest share in the global e-discovery market. This dominance of the North America region is attributed to the rapid technological advancements, growth in the research and development activities, and the rising demand.

Key findings of the report:

The growth of the e-discovery market is strongly driven by the growing demands to reduce the litigation costs from the private enterprises and governments around the world.

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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 the e-discovery market.

The advancing technologies are also expected to play a key role in creating attractive investment opportunities for the key players in the e-discovery market during the forecast period.

Browse Report Summary:…-discovery-market

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