Global EDiscovery Market was Valued at US$ XX Mn in 2017, Surge in Incidence of chronic

pain

Analyst Speak:

“The Global EDiscovery Market was valued around US$ XX Mn by 2017 and growing at a significant
CAGR over seven years forecast period 2018-2024 owing to increase in focus on proactive governance
with data analytics and emergence of new content sources and data protection regulations around the
globe.”

Precision Business Insights (PBI) in its report titled “Global EDiscovery Market” Market Estimation,
Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024” assesses the
market performance over seven years forecast period over 2018-2024. The report analyses the market value
forecast and provides the strategic insights into the market driving factors, challenges that are hindering the
market revenue growth over forecast period.

The global EDiscovery market was valued at US$ XX Mn in 2017 and increasing at a significant CAGR
over the forecast timeframe owing to increase in focus on proactive governance with data analytics and
emergence of new content sources, need to decrease operational budget of legal departments, Increase in
number of litigations across the globe, overabundance of stored data, data protection regulations are
expected to drive the global pain treatment market. However, high cost for the treatment, and adverse effects
associated with the therapy like bleeding, infection due to the needles are anticipated to hinder the revenue
share of global pain treatment market.

Global EDiscovery market segmented on the basis of component, application type, product and region

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Government and regulatory agencies Dominates the Global EDiscovery Market

Based on the application, global EDiscovery market segmented into Government and regulatory agencies,
enterprises, law firms and others. Government and regulatory agencies dominated the global EDiscovery
market in 2017 and estimated to dominate over the forecast period owing to innovation of newer methods
to reduce the pain, rise in awareness about the EDiscovery among the people are surge the market over the
forecast years. However, a slow growth rate observed for the psychological disorders due to patient
incompliance and repetitive treatment.
North America Leads the Global EDiscovery Market

PBI’s global EDiscovery market report analyses the market in different regions such as North America,
Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North
America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024
because most of the states are enacted e-discovery rules and Increase in lawsuits and data breach incidents
are anticipated to propel the market. Asia pacific EDiscovery market projected to exhibit significant growth
due to Rapid industrial revolution in China and India requires well-established IT infrastructure that is likely
to boost the market growth in this region.
Launch of newer types of therapies, treatment centers, and strategic alliances are the key
strategies adopted by market players

Global EDiscovery market further reveals that the key players increasingly adopting strategies such as
launch of newer types of therapies, treatment centers, and long term alliance to improve market revenue
share and gaining significant geographic presence across the region.
Key player’s profiles in the report are
 AccessData (US),
 Advanced Discovery (US),
 Catalyst (US),
 CloudNine (US),
 Deloitte (US),
 Driven (US),
 Epiq (US),
 FRONTEO (Japan),
 IBM (US),
 Microsoft (US),
 Nuix (Australia),
 OpenText (Canada).

Detailed Segmentation

Based on component
o Software
o Services

Based on Application
o Government and regulatory agencies
o Enterprises
o Law firms

Based on Product
o ECA
o Processing
o Review
o Forensic data collection
o Legal hold management
o Others

Geography

o North America
 U.S
 Canada
o Europe
 Germany
 France
 U.K
 Italy
  Spain
 Russia
 Poland
 Rest of Europe
o Asia-Pacific
 Japan
 China
 India
 Australia & New Zealand
 ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
 South Korea
 Rest of Asia-Pacific
o Latin America
 Brazil
 Mexico
 Argentina
 Venezuela
 Rest of Latin America
o Middle East and Africa (MEA)
 Gulf Cooperation Council (GCC) Countries
 Israel
 South Africa
 Rest of MEA

For more information: https://www.precisionbusinessinsights.com/market-reports/global-ediscovery-

market/

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