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e-Discovery Software Publishing in the US - Industry Market Research Report

  • June 2017
  • 36 pages
  • Ibisworld
Report ID: 2253164

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Gathering strength: Government agencies are expected to become increasingly reliant on e-discovery products

Abstract
e-Discovery Software Publishing in the US

Over the five years to 2017, demand for products and services from the e-Discovery Software Publishing industry has increased. This is largely due to increasing regulations regarding the retention, modification and deletion of electronically stored information, which have prompted many companies to seek e-discovery software to assure legal compliance and to provide the ability to produce electronically stored evidence when called upon. Moreover, a steady expansion in the complexity and volume of data has bolstered demand for e-discovery software products, which sift through electronically stored data to identify, collect and produce relevant information.

Over the five years to 2022, an increasing reliance on information systems will add to the already burgeoning amount of electronically stored information (ESI). E-discovery software products will provide an invaluable tool to wade through these mountains of data. Furthermore, demand from one of the industry’s largest downstream markets, the government and public sector, is expected to steadily increase.

E-discovery (also known as electronic discovery) refers to any process through which electronic data is searched, located and secured for use as evidence in a court of law. In the United States, this industry includes operators that develop software-based e-discovery platforms. In addition to software development, some operators provide technical support and services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

MAJOR COMPANIES
- FTI Consulting Inc.
- Hewlett Packard Enterprise Company

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