E-Discovery Software Market Size, Share Global Analysis Report, 2019–2026
Press Release
E-Discovery Software Market By Deployment Mode (Web-Based, On-premises/Installed, iOS, Android) and By End-Users (Service Providers, Law Firms, Corporations & Governments): Global Industry Perspective, Comprehensive Analysis, and Forecast 2019–2026
[110+ Pages Report] According to the report published by Facts Factors, the global e-discovery software market size was worth around USD 3 million in 2019 and is predicted to grow to around USD 8 million by 2026 with a compound annual growth rate (CAGR) of roughly 12% between 2020 and 2026. The report analyzes the global e-discovery software market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the e-discovery software market.
The report encompasses the forecast as well as analysis of the E-Discovery Software market on the global and regional levels. The study displays historical data of 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). Additionally, the market growth drivers, opportunities, limitations, and trends are also included in the E-Discovery Software market report.
We have included industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the E-Discovery Software market in our study.
Key Insights from Primary Research
On the basis of primary research, interviews, and expert opinion, we analyzed that global E-Discovery Software market to grow at nearly 12% for the forecast period 2020 to 2026.
On the basis of secondary research, we intended that demands global E-Discovery Software market will grow and revenue will increase around 8 Million USD by the end of 2026
Geographically, North America dominated the global E-Discovery market in 2019. In 2019, North America held the E-Discovery Software market a 34% share in the global market. Along with North America, Asia Pacific also held the largest growth for global E-Discovery Software. In 2019, the market share was 31% and expected to faster growth. Along with this, the E-discovery Software market is also growing in Europe and Latin America.
Based on the type segment, the web-based segment is holding the largest share while iOS occupied the least share and expected to foresee the faster growth around 12% between 2019 to 2026
Considering the end-user, the service providers e-discovery market share is 75% and expected to record the highest CAGR over the forecast period
Key Recommendations from Analysts
Our analysts recommend that the service providers segment in the e-discovery market is expected to record significant growth over the forecasted period due to the rising number of software service providers around the world.
The market growth over the forecasted period is attributable to the soaring increase in the number of electronic device users for storing legal information
In recent years, the number of regulatory agencies has around the world has increased and is probable to increase in years to come. This trend in the legal sector is anticipated to be a key market driving factor in developed as well as developing countries.
Our analysts predict that the emergence of cloud computing is anticipated to create huge opportunities for the global e-discovery market, as cloud computing technology can easily store huge amounts of client data.
As per our analysts, the Asia Pacific e-discovery market is expected to record the fastest growth over the forecasted period recording a CAGR of 13.0%, due to increasing adoption of software by legal service providers for data efficient assessment.
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies used by market competitors. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the E-Discovery Software market. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the E-Discovery Software market.
The study provides a decisive view of the E-Discovery Software market by segmenting the E-Discovery Software market based on Deployment Mode, End-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2026. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
During the past few years, tremendous growth has been noticed in the use of email, internet, smartphones, and other electronic devices. It was noted that in 2016 there were around 2 billion email users and 205 billion emails were sent and received per day across the globe. These, devices and modes of communication have noticed significant growth in the last few years. As a result, the legal world adopted the new approach of discovery method. Enormous files and paper trails were replaced with backup data and internet servers. E-discovery is considered expensive, time-consuming and risky. The expenses include both internal and external costs.
The actual cost of e-discovery is difficult to calculate, as it is complex to know how rapidly the reviewers will review the documents along with the size of the data. The demand for cloud technology is growing rapidly. With the help of cloud computing, the company can transfer its entire data to cloud from where it can be accessed easily, further in-case if there is a need for this data. Thus, increasing the usage of cloud technology is expected to act as an opportunity for the e-discovery market in the near future.
The E-Discovery Software market is segmented based on deployment mod and end-user. Deployment mode-wise, the market is classified into Web-Based, On-premises/Installed, iOS, Android. In terms of End-User, Service Providers, Law Firms, Corporations & Governments.
Some of the leading players in the global market include
Microsoft Corporation
Logikcull
Relativity
AccessData
OpenText
LexisNexis
Driven Inc.
Veritas Technologies
Exterro
FTI Technology
Kroll Ontrack
Nuix
CloudNine
ZyLAB
OpenText Corporation
CS Disco Inc.
Xerox Holdings Corporation
Micro Focus International plc.
This report segments the E-Discovery Software market as follows:
By Deployment Mode Segment Analysis
Web-Based
On-premises/Installed
iOS
Android
By End-User Segment Analysis
Service Providers
Law Firms
Corporations & Governments
By Regional Segment Analysis
North America
The U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-East Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
The Middle-East and Africa
GCC Countries
South Africa
Rest of Middle-East Africa
Key Pointers Addressed by the Report
Historical data and forecast analysis of the market
Drivers and Restraints affecting market dynamics
Exhaustive analysis about the future market trends
Comprehensive information about the leading market segments and region
Strategic developments made by the competitive players and in-depth analysis about its impact on market growth
Table of Content
CHAPTER 1. Executive Summary
CHAPTER 2. E-Discovery Software market - By Deployment Mode Analysis
2.1. Global E-Discovery Software Market - By Deployment Mode Overview
2.2. Global E-Discovery Software Market Share, by By Deployment Mode, 2019 & 2026 (USD Million)
2.3. Web-Based
2.3.1. Global Web-Based E-Discovery Software Market, 2016-2026 (USD Million)
2.4. On-premises/Installed
2.4.1. Global On-premises/Installed E-Discovery Software Market, 2016-2026 (USD Million)
2.5. iOS
2.5.1. Global iOS E-Discovery Software Market, 2016-2026 (USD Million)
2.6. Android
2.6.1. Global Android E-Discovery Software Market, 2016-2026 (USD Million)
CHAPTER 3. E-Discovery Software market - By End-Users Analysis
3.1. Global E-Discovery Software Market - By End-Users Overview
3.2. Global E-Discovery Software Market Share, by By End-Users, 2019 & 2026 (USD Million)
3.3. Service Providers
3.3.1. Global Service Providers E-Discovery Software Market, 2016-2026 (USD Million)
3.4. Law Firms
3.4.1. Global Law Firms E-Discovery Software Market, 2016-2026 (USD Million)
FIG. 1 Global E-Discovery Software Market, 2016-2026 (USD Million)
FIG. 2 Global E-Discovery Software Market Share, by By Deployment Mode, 2019 & 2026 (USD Million)
FIG. 3 Global Web-Based E-Discovery Software Market, 2016-2026 (USD Million)
FIG. 4 Global On-premises/Installed E-Discovery Software Market, 2016-2026 (USD Million)
FIG. 5 Global iOS E-Discovery Software Market, 2016-2026 (USD Million)
FIG. 6 Global Android E-Discovery Software Market, 2016-2026 (USD Million)
FIG. 7 Global E-Discovery Software Market Share, by By End-Users, 2019 & 2026 (USD Million)
FIG. 8 Global Service Providers E-Discovery Software Market, 2016-2026 (USD Million)
FIG. 9 Global Law Firms E-Discovery Software Market, 2016-2026 (USD Million)
FIG. 10 Global Corporations & Governments E-Discovery Software Market, 2016-2026 (USD Million)
FIG. 11 Global E-Discovery Software Market Share, by Region, 2019 & 2026
FIG. 12 North America E-Discovery Software Market, 2016-2026
FIG. 13 U.S. E-Discovery Software Market, 2016-2026
FIG. 14 Canada E-Discovery Software Market, 2016-2026
FIG. 15 Europe E-Discovery Software Market, 2016-2026
FIG. 16 Germany E-Discovery Software Market, 2016-2026
FIG. 17 France E-Discovery Software Market, 2016-2026
FIG. 18 U.K. E-Discovery Software Market, 2016-2026
FIG. 19 Italy E-Discovery Software Market, 2016-2026
FIG. 20 Spain E-Discovery Software Market, 2016-2026
FIG. 21 Rest of Europe E-Discovery Software Market, 2016-2026
FIG. 22 Asia Pacific E-Discovery Software Market, 2016-2026
FIG. 23 China E-Discovery Software Market, 2016-2026
FIG. 24 Japan E-Discovery Software Market, 2016-2026
FIG. 25 India E-Discovery Software Market, 2016-2026
FIG. 26 South Korea E-Discovery Software Market, 2016-2026
FIG. 27 South-East Asia E-Discovery Software Market, 2016-2026
FIG. 28 Rest of Asia Pacific E-Discovery Software Market, 2016-2026
FIG. 29 Latin America E-Discovery Software Market, 2016-2026
FIG. 30 Brazil E-Discovery Software Market, 2016-2026
FIG. 31 Mexico E-Discovery Software Market, 2016-2026
FIG. 32 Rest of Latin America E-Discovery Software Market, 2016-2026
FIG. 33 The Middle-East and Africa E-Discovery Software Market, 2016-2026
FIG. 34 GCC Countries E-Discovery Software Market, 2016-2026
FIG. 35 South Africa E-Discovery Software Market, 2016-2026
FIG. 36 Rest of Middle-East Africa E-Discovery Software Market, 2016-2026
FIG. 37 Competitor Market Share – Revenue
FIG. 38 Microsoft Corporation Revenue and Growth Rate
FIG. 39 Microsoft Corporation Market Share
FIG. 40 Logikcull Revenue and Growth Rate
FIG. 41 Logikcull Market Share
FIG. 42 Relativity Revenue and Growth Rate
FIG. 43 Relativity Market Share
FIG. 44 AccessData Revenue and Growth Rate
FIG. 45 AccessData Market Share
FIG. 46 OpenText Revenue and Growth Rate
FIG. 47 OpenText Market Share
FIG. 48 LexisNexis Revenue and Growth Rate
FIG. 49 LexisNexis Market Share
FIG. 50 Driven Inc. Revenue and Growth Rate
FIG. 51 Driven Inc. Market Share
FIG. 52 Veritas Technologies Revenue and Growth Rate
FIG. 53 Veritas Technologies Market Share
FIG. 54 Exterro Revenue and Growth Rate
FIG. 55 Exterro Market Share
FIG. 56 FTI Technology Revenue and Growth Rate
FIG. 57 FTI Technology Market Share
FIG. 58 Kroll Ontrack Revenue and Growth Rate
FIG. 59 Kroll Ontrack Market Share
FIG. 60 Nuix Revenue and Growth Rate
FIG. 61 Nuix Market Share
FIG. 62 CloudNine Revenue and Growth Rate
FIG. 63 CloudNine Market Share
FIG. 64 ZyLAB Revenue and Growth Rate
FIG. 65 ZyLAB Market Share
FIG. 66 OpenText Corporation Revenue and Growth Rate
FIG. 67 OpenText Corporation Market Share
FIG. 68 CS Disco Inc. Revenue and Growth Rate
FIG. 69 CS Disco Inc. Market Share
FIG. 70 Xerox Holdings Corporation Revenue and Growth Rate
FIG. 71 Xerox Holdings Corporation Market Share
FIG. 72 Micro Focus International plc Revenue and Growth Rate
FIG. 73 Micro Focus International plc Market Share
FIG. 74 Market Dynamics
FIG. 75 Global E-Discovery Software – Value Chain Analysis
FIG. 76 Technology Roadmap and Timeline
FIG. 77 Market Attractiveness Analysis – By By Deployment Mode
FIG. 78 Market Attractiveness Analysis – By By End-Users
FIG. 79 Market Attractiveness Analysis – By Region
FIG. 80 Market Channel
FIG. 81 Marketing Channel Development Trend
FIG. 82 Growth in World Gross Product, 2008-2019
List of Tables
TABLE 1 Global E-Discovery Software Market, 2019 & 2026 (USD Million)
TABLE 2 Global E-Discovery Software market, by By Deployment Mode, 2016-2026 (USD Million)
TABLE 3 Global E-Discovery Software market, by By End-Users, 2016-2026 (USD Million)
TABLE 4 Global E-Discovery Software market, by Region, 2016-2026 (USD Million)
TABLE 5 North America E-Discovery Software Market, by By Deployment Mode, 2016-2026 (USD Million)
TABLE 6 North America E-Discovery Software Market, by By End-Users, 2016-2026 (USD Million)
TABLE 7 Europe E-Discovery Software Market, by By Deployment Mode, 2016-2026 (USD Million)
TABLE 8 Europe E-Discovery Software Market, by By End-Users, 2016-2026 (USD Million)
TABLE 9 Asia Pacific E-Discovery Software Market, by By Deployment Mode, 2016-2026 (USD Million)
TABLE 10 Asia Pacific E-Discovery Software Market, by By End-Users, 2016-2026 (USD Million)
TABLE 11 Latin America E-Discovery Software Market, by By Deployment Mode, 2016-2026 (USD Million)
TABLE 12 Latin America E-Discovery Software Market, by By End-Users, 2016-2026 (USD Million)
TABLE 13 The Middle-East and Africa E-Discovery Software Market, by By Deployment Mode, 2016-2026 (USD Million)
TABLE 14 The Middle-East and Africa E-Discovery Software Market, by By End-Users, 2016-2026 (USD Million)
TABLE 15 Global E-Discovery Software Market - Company Revenue Analysis 2016-2019 (USD Million)
TABLE 16 Global E-Discovery Software Market - Company Revenue Share Analysis 2016-2019(%)
TABLE 17 Acquisitions and Mergers
TABLE 18 New Product/Service Launch
TABLE 19 Research & Development Activities
TABLE 20 Market Drivers
TABLE 21 Market Restraints
TABLE 22 Market Opportunities
Key Insights from Primary Research
