The global ediscovery market revenue was around US$ 11.8 billion in 2022 and is estimated to reach US$ 27.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.9% from 2023 to 2032.

The eDiscovery is defined as a collection of procedures for protecting, identifying, analyzing, obtaining, reviewing, and producing electronically stored information (ESI). It is often utilized in civil or criminal litigation proceedings, as well as to meet government investigations. Emails, images, spreadsheets, articles, voice recordings, computer applications, internet outlets, and other kinds of ESIs are widely utilized as eDiscovery resources.

Factors Influencing Market Growth

- The eDiscovery market is anticipated to notice notable growth during the forecast period because of the rise in the protection of Metadata.

- The rise in the adoption of artificial intelligence (AI) and digitalization propelled the growth of the e-discovery market.

- The high initial cost of maintenance and installation of eDiscovery data are the prime factors hindering the growth of the market.

- The surge in market penetration in different end-use verticals is anticipated to drive the growth of the eDiscovery market during the forecast period.

Impact of COVID-19

The outbreak of the COVID-19 pandemic has significantly expanded the growth of the eDiscovery market because of the lack of qualified workforce availability, cancelation, or delay of projects due to complete or partial lockdowns globally. The rise in demand for online purchases of necessary goods and online network connectivity has driven the improvement in digital legal matters. There was a rise in the penetration of digital platforms due to the COVID-19 pandemic. This has led to driving connectivity intelligence, the usage of automation, and the demand for eDiscovery.

Regional Analysis

North America maintains a significant share in the global eDiscovery industry because of the presence of prime players in this region. The adoption of data analysis forensics and collections is anticipated to drive the growth of the eDiscovery industry in this region.

Also, the surge in awareness of investigation, litigation, and legal functions and freedom of the Information Act (FOIA) eDiscovery usage case requests in North America are expected to propel the eDiscovery market trends in this region.

Leading Companies

The leading prominent companies profiled in the global eDiscovery market are:

- CloudNine
- CS DISCO Inc.
- Deloitte Touch? Tohmatsu Limited
- International Business Machines Corporation
- KLDiscovery Limited
- Lighthouse eDiscovery Inc.
- Microsoft Corporation
- Nuix Limited
- Onna Technologies Inc
- ZyLAB Technologies
- Other prominent key players

Segmentation Outline

The global eDiscovery market segmentation focuses on Offerings, Organization Size, Use Cases, End Use Vertical, and Region.

Segmentation based on Offerings

- Solutions
- Forensics and Collections
- Processing and Hosting
- Data Analytics
- Document Review
- Contract Solutions
- Business Advisory Solutions
- Spend Management Solutions
- Others
- Services
- Document Processing and Administrative Support
- Shared Services
- Trustee Services
- Contact Centre Services
- Others

Segmentation based on Organization Size

- Large Enterprise
- SMEs

Segmentation based on Use Case

- Investigation
- Litigation and Legal Operations
- Early Case Assessment
- Others

Segmentation based on End Use Vertical

- Government and Public Sector
- Legal
- BFSI
- Media and Entertainment
- Healthcare and Life Sciences
- Retail and Consumer Goods
- IT and Telecommunications
- Others

Segmentation based on Region

- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa