An extensive analysis of the Global eDiscovery market strategy of the leading companies in the precision of import/export consumption, supply and demand figures, cost, price, revenue and gross margins. The report starts by an introduction about the company profiling and a comprehensive review about the strategy concept and the tools that can be used to assess and analyze strategy. It also analyzes the company’s strategy in the light of Porter’s Value Chain, Porter’s Five Forces, SWOT analysis, and recommendation on Balanced Scorecard for supply chain analysis.
Electronic discovery (sometimes known as e-discovery, ediscovery, eDiscovery, or e-Discovery) is the electronic aspect of identifying, collecting and producing electronically stored information (ESI) in response to a request for production in a law suit or investigation.
The growth of the eDiscovery technologies market is also driven by factors, such as an increasing litigation in the Attorneys and Legal Supervisor and enterprise industry. However, factors such as high investment andinstallation cost are hindering the growth of this market.
E-discovery is becoming an increasingly important consideration for almost all organizations as a result of the enormous number of civil cases filed each year, the growing proportion of business records that are stored electronically, new statutes at all levels of government focused on electronically-stored information, and a growing body of court rulings that are making the discovery and presentation of electronic data more important.
In order to satisfy e-discovery obligations, organizations should be fully aware of their current and reasonably anticipated information retention obligations, become much more proactive about how they retain and manage data, implement appropriate technology that can archive data and allow legal holds to be implemented easily, and take the other steps necessary to minimize the risks of non-compliance with e-discovery obligations.
Increased litigation and regulation coupled with expanding use cases for eDiscovery software will continue to drive moderate growth in the worldwide eDiscovery market. The data solution market, however, is maturing rapidly as buyers search for automation to solve well-defined problems. To meet maturing needs, eDiscovery Solution and service providers are already creating robust strategies to use existing search and analytics competencies to compete in the white hot content analytics and cognitive solution markets.
In 2017, the global eDiscovery market size was 14500 million US$ and it is expected to reach 33400 million US$ by the end of 2025, with a CAGR of 10.9% during 2018-2025.
Porter’s Five Forces model is a powerful tool that combines five competitive forces which limit any industry’s profit according to external factors. These forces are the threat of new entrants, the customer bargaining power, the supplier bargaining power, the substitution to an alternative product or service, and the intensity of competition among current rivals inside the industry.
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Scope of the Report
Global eDiscovery Market Study By Product Type: ECA, Processing, Review, Forensic Data Collection, Legal Hold Management & Other
Market Study in Geographical Zones such as: United States, Europe, China, Japan, Southeast Asia & India
Market’s most important players: Symantec Corporation, IBM, Xerox Legal Business Services, Exterro, EMC, Epiq Systems, HPE, Kcura Corporation, Accessdata, FTI Technology, Deloitte, Advanced Discovery, DTI, Consilio, Kroll Ontrack, Zylab, Guidance Software, Integreon, KPMG, FRONTEO, Recommind, Veritas, Navigant, PwC, Ricoh, UnitedLex, LDiscovery, Lighthouse eDiscovery, Thomson Reuters & iCONECT Development
Global eDiscovery By Application [Attorneys and Legal Supervisors, Government and Regulatory Agencies & Legal and IT Departments of Enterprises]
Global eDiscovery Market by application is being dominated by Attorneys and Legal Supervisors, Government and Regulatory Agencies & Legal and IT Departments of Enterprises which holds market value of XXX billion. This market is expected to grow at XXX billion by the end of forecast period with XX.X% of CAGR.
The future trends also introduced in the report which elaborates key factors of Global eDiscovery such as market opportunities, future market risk, benefit, loss and profit, customer perspective, Innovation, Short Term vs. Long Term goals etc. The detailed manufacturer profiles are included with sales, revenue, and price of Global eDiscovery.
This report covers the current scenario and growth prospects of Global eDiscovery Market for the period 2018 – 2023. The study is a professional and in-depth study with around n- no. of tables and figures which provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the domain.
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Research Parameter/ Research Methodology
The primary sources involves the industry experts from the Global eDiscovery industry including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – industry experts such as CEOs, vice presidents, marketing director, technology & innovation directors, founders and related key executives from various key companies and organizations in the Global eDiscovery in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.
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Some extract from Table of Contents
• Overview of Global eDiscovery Market
• eDiscovery Market Size (Sales Volume) Comparison by Type (2013-2025)
• eDiscovery Market Size (Consumption) and Market Share Comparison by Application (2013-2025)
• eDiscovery Market Size (Value) Comparison by Region (2013-2025)
• eDiscovery Sales, Revenue and Growth Rate (2013-2025)
• eDiscovery Market Competitive Situation and Trends
• eDiscovery Market Share of Top 3 and Top 5 Players/Suppliers
• Players/Suppliers eDiscovery Manufacturing Base Distribution, Sales Area, Product Type [ECA, Processing, Review, Forensic Data Collection, Legal Hold Management & Other]
• eDiscovery Players/Suppliers Profiles and Sales Data
• Global eDiscovery Manufacturing Cost Analysis
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
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Who are the Leading key players and what are their Key Business strategies in the Global eDiscovery market?
What are the key consequences of the five forces analysis of the Global eDiscovery market?
What are different opportunities and threats faced by the dealers in the Global eDiscovery market?
What are the strengths and weaknesses of the key vendors?
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