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(IT-NEWSWIRE.COM, July 26, 2018 ) Global eDiscovery Market to reach USD 23.3 billion by 2025. Global eDiscovery Market valued approximately USD 9.1 billion in 2016 is anticipated to grow with a healthy growth rate of more than 11% over the forecast period 2017-2025.
Decreasing the operational budget of legal departments and increasing number of litigations are expected to drive the market across all regions. The need to adhere to regulatory policies and laws worldwide, and increase in the usage and penetration of mobile devices are other factors expected to drive the growth of the market. The rise in demand for predictive coding and increase in the usage of social media are expected to offer great opportunities for eDiscovery vendors.
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Company Profiles : opentext, nuix, Microsoft, IBM, micro focus, FTI, zylab, EPIQ, fronteo, relativity, logikcull, cloudnine, driven, IPRO, veritas, delottie, ricoh. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players
The detailed segments and sub-segment of the market are explained below:
By Component:
Software o Processing o Review o Analyses o Identification o Preservation o Collection o Production o presentation services
By Deployment type:
on-premises cloud
By Organization size:
small & medium size enterprises large enterprises
By Vertical:
government & public sector legal energy & utilities manufacturing
By Regions: - North America - U.S. - Canada - Europe - UK - Germany - Asia Pacific - China - India - Japan - Latin America - Brazil - Mexico - Rest of the World
Furthermore, years considered for the study are as follows:
Historical year-2015 Base year-2016 Forecast period-2017 to 2025
Target Audience of the Global EDiscovery Market in Market Study:
Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investor
Else place an Inquire before Purchase “Global EDiscovery Market Size, Status and Forecast 2025” @ http://www.reportsweb.com/inquiry&RW00012112190/buying
Please note that owing to the criticality of the EDiscovery (VMS) market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation in order to cater to the most recent updates.
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Source: EmailWire.Com
Source: EmailWire.com
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