Global eDiscovery Market is expected to witness a steady growth, expanding at a CAGR of over 13% from 2016 to 2023
According to a new market report published by Credence Research, Inc. “EDiscovery Market By Type (Software, Service), By Software (On-premise, Cloud-based), By Service (Consulting, Implementation & Integration, Outsourcing, Support), By End-User (Government Agency, Enterprise (Large Enterprise, Mid- and Small-sized Enterprise), Law Firm) – Growth, Share, Opportunities & Competitive Analysis, 2016 -2023”, the global eDiscovery market is expected to witness a steady growth, expanding at a CAGR of over 13% from 2016 to 2023.
Market Insights
Growing volume of digital data across enterprises and government agencies and introduction of government initiatives and support to implement EDiscovery process in large-, small- and mid-sized enterprises is driving growth of the EDiscovery market worldwide. However, high cost associated with deployment of EDiscovery process is hindering growth of the market, especially in developing regions such as Africa and Latin America.
Browse the EDiscovery Market – Growth, Share, Opportunities & Competitive Analysis, 2016 -2023 report at http://www.credenceresearch.com/report/e-discovery-market
Competitive Insights:
The global EDiscovery market is consolidated in nature, with top players constituting more than 40% market share of the overall market revenue. Currently, HP Autonomy, IBM Corporation, FTI Consulting and Guidance Software Inc. are the leading players in the global EDiscovery market. These players follow the strategy of acquiring small vendors to enter regional market and enhance market footprint. Also, major players are focusing on introducing cloud-based EDiscovery solutions to meet increasing customer demand. The prominent players operating in the global EDiscovery market are HP Autonomy, IBM Corporation, Daegis Inc., EMC Corporation, Epiq System Inc., Symantec Corporation, Guidance Software, Inc., FTI Consulting, Inc., Catalyst Repository Systems, Inc. and Integreon Managed Solution Inc.
Key Trends:
Growing adoption of cloud-based EDiscovery solution across end-user organizations
Prominent players are focused towards acquiring small vendors
Introduction of mobile based EDiscovery solutions and services
Browse the EDiscovery Market – Growth, Share, Opportunities & Competitive Analysis, 2016 -2023 report at http://www.credenceresearch.com/report/e-discovery-market
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About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: Credence Research
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