Global E-Discovery Market registering a CAGR of 24.00% in the forecast to 2026
Global E-Discovery Market is expected to rise from its initial estimated value of USD 12.49 million in 2018 to an estimated value of USD 69.79 million by 2026, registering a CAGR of 24.00% in the forecast period of 2019-2026. Discovery is the term used for the initial phase of litigation where the parties in a dispute are required to provide each other relevant information and records, along with all other evidence related to the case. The key to addressing eDiscovery is to be proactive in the management of information and records with control over the handling of potential ediscovery requests. E-discovery or electronic discovery is a process in which electronic data is brought, located or searched with the intention of using it as a civil evidence or in any legal proceedings. It can also work offline on a particular computer.
Major Key Players Of The E-Discovery Market :
Few of the major competitors currently working in the e-discovery market are Xerox Corporation, Hewlett Packard Enterprise Development LP, IBM Corporation, FTI Consulting, Inc., OpenText Corp., Relativity, AccessData, ZyLAB, Exterro, Inc., Nuix, Logikcull, Swiftype, Inc., Open Text Corporation, Cicayda, Ipro Tech, LLC, Sherpa Software, Safelink, Zapproved LLC., NextPoint, Inc., SysTools, DFLABS SPA, Docket Alarm, Inc., LexisNexis., Algolia and others.
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The Research is Segmented On Basis Of :
- By Solution, Solution are follows Legal Hold, Early Case Assessment, Data Processing, Technology , Assisted Review, Data Production.
- By Deployment Type, There are two types Cloud and On-Premise.
- By Organization Size, Organization has Large Enterprises and Small and Medium-Sized Enterprises.
- By Vertical, Verticals are further analyzed into Government and Public Sector, Legal, Banking, Financial Services, and Insurance, Energy and Utilities, Healthcare and Life Sciences, Retail and Consumer Goods, Manufacturing, IT and Telecommunications and Others.
- By Geography, It is in North America, South America, Europe, Asia Pacific and Middle East and Africa.
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