The global eDiscovery market size was estimated at USD 14.99 billion in 2023 and is expected to grow at a CAGR of 10.7% from 2024 to 2030. The increasing need for organizations to preserve metadata from electronic documents is significantly driving market growth. Moreover, stringent regulatory requirements are rising constantly, and the preservation of metadata ensures that digital information remains authentic and accessible over time. This trend of data transitions from analog to digital formats, which necessitates robust eDiscovery solutions, is expected to fuel market growth in the coming years.

The shift towards cloud-based services has transformed how organizations manage their data. Cloud-based E-discovery solutions offer scalability, cost-effectiveness, and ease of access compared to traditional on-premises systems. This trend is further accelerated by the growing remote work culture post-COVID-19, as companies are seeking flexible solutions that can support distributed teams while ensuring compliance with legal standards.

eDiscovery Market Report Highlights

• The solutions segment in the market registered the largest share of over 55% in 2023, owing to the increasing reliance on advanced technologies and software solutions that streamline the process of electronic data discovery.
• The large enterprises segment accounted for the largest market share in 2023. Large enterprises typically have extensive data management needs, driven by their vast amounts of digital information generated from various sources such as emails, documents, and databases.
• The legal sector segment in the market registered the largest share in 2023. This growth can be attributed to the increasing complexity of legal regulations across various industries, which has necessitated a higher demand for legal services, particularly in areas such as compliance, intellectual property, and corporate governance.
• The on-premise segment registered the largest revenue share in 2023. This growth can be attributed to its established presence and the preference of many organizations for maintaining control over their data. 

Global eDiscovery Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global eDiscovery market report based on component, organization size, deployment model, end-use, and region:

• Component Outlook (Revenue, USD Billion, 2018 - 2030)
  • Solutions
  • Services
• Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)
  • Large Enterprises
  • Small and Medium Enterprises
• Deployment Model Outlook (Revenue, USD Billion, 2018 - 2030)
  • On-premise
  • Cloud
• End Use Outlook (Revenue, USD Billion, 2018 - 2030)
  • Legal Sector
  • Government and Regulatory Agencies
  • BFSI
  • Healthcare
  • Retail and Consumer Goods           
  • Energy and Utilities
  • IT and Telecommunications
  • Manufacturing
  • Others
• Regional Outlook (Revenue, USD Billion, 2018 - 2030)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • Australia
    • Japan
    • India
    • South Korea
  • Latin America
    • Brazil
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

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