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市场调查报告书
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2024 年至 2031 年按组件、部署类型、组织规模、垂直和地区划分的电子取证市场

E-Discovery Market By Component (Solutions, Services), Deployment Type (Cloud, On-premises), Organization Size, Vertical (BFSI, IT & Telecom, Government & Public Sector), & Region for 2024-2031

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3个工作天内

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简介目录

电子取证市场估值,2024 年至 2031 年

在 COVID-19 疫情期间,电子取证解决方案的免费计划订阅用户数量激增,预计免费期结束后用户将转向付费计划,从而推动电子取证解决方案的采用。此外,资料使用量的增加以及人工智慧和自动化等技术正在推动企业采取适当的资料保护和管理措施。年将达到约224.8亿美元。

此外,使用云端服务的组织发现敏感资料是资料窃取的潜在来源。为了解决这个问题,许多公司正在采用安全强化的云端 SaaS 平台来减少可发现的资料。律师事务所也越来越有效率地审查这些数据,从而推动了对电子取证的需求。因此,2024 年至 2031 年期间市场将以 10.60% 的复合年增长率成长。

电子取证市场定义/概述

电子证据开示是根据诉讼或调查请求识别、收集和产生电子储存资讯 (ESI) 的过程。 ESI 包括电子邮件、文件、简报、资料库、语音邮件、音讯和视讯檔案、社交媒体、网站等。由于创建和储存的电子资料量庞大,电子取证所涉及的流程和技术非常复杂。由于电子文檔更具动态性且通常包含元数据,因此保存原始内容和元数据对于防止诉讼中被指控破坏或篡改至关重要。

EDR​​M 是一个综合框架,旨在协助组织进行电子发现过程,包括九个不同的阶段。 EDRM 是一种管理与电子取证相关的风险和成本的策略,从电子取证的创建到最终处置。电子取证解决方案透过在不同的数位环境中定位相关数据并将其储存为可汇出的格式以供审查,加快诉讼、合规和监管回应。

此外,电子资料展示解决方案已从本地软体发展到託管大量资料的云端和 SaaS 平台。由于数据需求的不断增加,这些平台已经成长并成熟。数据分析技术进步、人工智慧整合、增强云端技术、预测模型和数据的指数增长将决定电子取证的未来。

保存电子文檔的元资料如何促进电子证据开示的采用?

保存元资料是数位保存策略的重要组成部分,包括数位管理、电子发现和数位收藏管理。元资料提供有关数位物件的来源、真实性和环境的上下文信息,确保其生存和持续可访问性。随着越来越多的信息从类比格式转变为数位格式,保存元资料对于记录数位物件的真实性和维护跨格式的可用性至关重要。元资料是资料生命週期的重要组成部分,确保数位资讯的长期保存。元资料保存对于推动电子发现至关重要,它可确保整个发现过程的真实性、效率、合规性、分析能力和透明度,从而推动市场成长。

对网路安全的不断增长的需求在市场成长中发挥着重要作用。印度电子和资讯部国务部长拉吉夫·钱德拉谢卡尔 (Rajeev Chandrashekhar) 表示,网路安全对于企业顺利运作至关重要,但 2016 年至 2021 年间资料外洩和网路攻击增加了 600%。 2020-21年,印度发生了11,58,208起网路安全事件。资料安全越来越受到关注,尤其是对于弱势政府而言。随着新冠肺炎疫情爆发并推动数位化进程,安全专家警告称,网路攻击将变得更加普遍。 2020-2021年,共进行培训计画15期、17期,培训人数分别达708人及4,801人次。萨蒂亚·纳德拉 (Satya Nadella) 领导的微软报告称,其 92% 的伺服器已修补并减轻了网路威胁。

智慧型手机使用量的不断增长也推动了市场的发展,全球有 32 亿人使用智慧型手机,超过 50 亿人拥有行动设备,1940 亿人下载行动应用程式。这促使互联网用户数量增加以及对智慧型设备和基于云端的服务的需求不断增长。基于云端的服务提供更快的部署时间、安全的资料传输、快速的可扩展性以及降低的基础设施、能源和资本成本,从而扩大电子发现市场的机会。

电子取证实施和维护的高投资成本是否会限制其采用?

电子取证的成本相当高且持续上升,特别是在中型到大型诉讼中。每个案件的平均成本在 250 万美元到 350 万美元之间,公司面临巨大的财务压力,需要优化其电子取证流程并降低成本。新冠疫情加速了通讯平台的使用,促使需要处理和审查的数据量激增,加剧了这些课题。

资料量和复杂性的增加,加上预算的削减,对公共和私营部门的有效电子取证构成了重大课题。强大的资料管理和法律发现流程至关重要,但预算削减限制了获得基本技术和熟练人才的机会。这种限制阻碍了组织有效处理诉讼或法规遵循所需的大规模资料发现工作的能力。

资料量的急遽成长,加上新文件类型和资料来源的出现,进一步增加了电子证据蒐集工作的复杂性。现代科技进步不断引入各种资料格式,从结构化资料库到非结构化的社群媒体贴文和聊天应用程式对话。管理这种多样化的数据需要能够有效处理、分析和提取相关资讯的先进电子数据展示工具。

目录

第 1 章简介

  • 市场定义
  • 市场区隔
  • 研究方法

第 2 章执行摘要

  • 主要发现 市场概况 市集亮点

第3章 市场概览

  • 市场规模与成长潜力
  • 市场趋势
  • 市场推动因素
  • 市场限制
  • 市场机会
  • 波特五力分析

第 4 章按部署类型划分的电子取证市场

  • 本地
  • 基于云端
  • 混合

第 5 章电子取证市场各组成部分
  • 软体
  • 服务

第 6 章 电子取证市场(依最终使用者划分)

  • 法律
  • 银行、金融服务和保险 (BFSI)
  • 医疗保健
  • 其他行业

第 7 章 区域分析

  • 北美洲
  • 美国
  • 加拿大
  • 墨西哥
  • 欧洲
  • 英国
  • 德国
  • 法国
  • 义大利 亚太地区
  • 中国
  • 日本
  • 印度
  • 澳大利亚
  • 拉丁美洲
  • 巴西
  • 阿根廷
  • 智利
  • 中东和非洲
  • 南非
  • 沙乌地阿拉伯
  • 阿拉伯联合大公国

第 8 章 市场动态

  • 市场推动因素
  • 市场限制
  • 市场机会
  • COVID-19 市场影响

第 9 章 竞争格局

  • 大型公司
  • 市占率分析

第10章 公司简介

  • Microsoft Corporation
  • International Business Machines Corporation(IBM)
  • CS DISCO Inc.
  • KLDiscovery Limited
  • Nuix
  • Relativity
  • Logikcull
  • ZyLAB
  • Deloitte
  • Casepoint
  • Exterro
  • Knovos
  • Nextpoint
  • OpenText
  • Everlaw
  • Epiq
  • Consilio
  • IPRO
  • Servient
  • Zapproved
  • Reveal

第 11 章 市场展望与机会

  • 新兴技术
  • 未来市场趋势
  • 投资机会

第 12 章附录

  • 缩写列表
  • 来源与参考文献
简介目录
Product Code: 24605

E-Discovery Market Valuation - 2024-2031

During the COVID-19 pandemic, eDiscovery solutions experienced a surge in free plan subscribers, with users expected to switch to paid plans after their free period, thus boosting the adoption of eDiscovery solutions. Also, rise in the data usage and technologies like AI and automation leads to the companies to ensure adequate data protection and management which is driving the market size surpass USD 10.79 Billion valued in 2024 to reach a valuation of aroundUSD 22.48 Billion by 2031.

In addition to this, Organizations using cloud services have been finding sensitive data, a potential source of data theft. To address this issue, many companies have adopted cloud SaaS platforms with enhanced security, resulting in less discoverable data. Legal firms are also efficiently reviewing this data, boosting demand for eDiscovery, this enables the market to grow at aCAGR of 10.60% from 2024 to 2031.

E-Discovery Market: Definition/ Overview

Electronic discovery is the process of identifying, collecting, and producing electronically stored information (ESI) in response to a law suit or investigation request. ESI includes emails, documents, presentations, databases, voicemail, audio and video files, social media, and web sites. The processes and technologies involved in e-discovery are complex due to the volume of electronic data produced and stored. Electronic documents are more dynamic and often contain metadata, making it crucial to preserve the original content and metadata to prevent claims of spoliation or tampering with evidence in litigation.

EDRM is a comprehensive framework designed to assist organizations in the eDiscovery process, consisting of nine distinct stages. The strategy for organizations to manage risks and expenses related to eDiscovery, from its creation to its final disposal. It ensure the collection and preservation of Electronic Signatures (ESI) to prevent any inappropriate or accidental alteration or destruction during the eDiscovery process. eDiscovery solutions expedite litigation, compliance, and regulatory responses by locating relevant data across various digital environments and preserving it in exportable formats for review.

Also, eDiscovery solutions have evolved from local software to cloud-based and SaaS platforms, hosting vast data volumes. These platforms have grown and matured due to increasing data demands. The future of eDiscovery will be shaped by technological advancements in data analysis, artificial intelligence integration, cloud technology enhancements, predictive modeling, and the exponential growth in data.

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How will Preservation of Metadata from Electronic Documents Increase Adoption of E-Discovery?

Preservation metadata is a crucial component of digital preservation strategies, such as digital curation, eDiscovery, and digital collections management. It provides context information about a digital object's provenance, authenticity, and environment, ensuring its viability and continued access. As more information migrates from analog to digital form, preservation metadata is essential for documenting the authenticity of a digital object and maintaining usability across formats. It is an essential part of the data lifecycle, ensuring the long-term preservation of digital information. Preservation of metadata is essential for driving eDiscovery forward by ensuring the authenticity, efficiency, compliance, analytical capabilities, and transparency of the entire discovery process, which is enabling the growth of the market.

Rising demand for cybersecurity is playing major role in growth of the market. Cybersecurity is crucial for smooth business operations, but there has been a 600% increase in data breaches and cyberattacks from 2016 to 2021, according to Rajeev Chandrashekhar, Minister of State for Electronics and Information. In 2020-21, India had 11,58208 cyber security incidents. Data security is a growing concern, especially for vulnerable governments. With increasing digitalization following the COVID-19 pandemic, security experts warn that cyberattacks will become more prevalent. Between 2020 and 2021, 15 and 17 training programs were conducted, with 708 and 4,801 participants, respectively. Microsoft, led by Satya Nadella, reported that 92% of servers had been patched and mitigated for cyber threats.

Increasing usage of smartphone is another key driver of the market, with 3.2 billion people worldwide using smartphones, over 5 billion owning mobile devices, and 194 billion downloading mobile apps. This has led to an increase in internet users and a high demand for smart devices and cloud-based services. Cloud-based services offer reduced implementation time, secure data transfer, quick scalability, lower infrastructure, energy, and facility costs, and increase opportunities for the eDiscovery market.

Will High Investment Costs Due to the Installation and Maintenance of E-Discovery Restrain Its Application?

The cost of eDiscovery, particularly for medium to large lawsuits, is substantial and continues to rise. With average costs ranging from USD 2.5 to 3.5 million per case, organizations face immense financial pressure to optimize their eDiscovery processes while containing expenses. The COVID-19 pandemic has exacerbated these challenges by accelerating the use of communication platforms, leading to a surge in data volumes that require processing and review.

In the face of increasing data volumes and complexity, budget cuts present a significant challenge to effective eDiscovery in both public and private sectors. Despite the critical need for robust data management and legal discovery processes, reduced funding limits access to essential technologies and skilled personnel. This constraint hampers organizations' ability to efficiently handle large-scale data discovery tasks required for litigation or regulatory compliance.

The exponential growth in data volume, coupled with the emergence of new file types and data sources, further complicates eDiscovery efforts. Modern technological advancements continuously introduce diverse data formats, from structured databases to unstructured social media posts and chat app conversations. Managing this variety demands sophisticated eDiscovery tools capable of processing, analyzing, and extracting relevant information efficiently.

Category-Wise Acumens

Which Factors Contribute to the Dominance of Services Segment in E-Discovery Market?

Services segment is currently dominating eDiscovery market. Consulting services play a pivotal role in the eDiscovery market, offering expertise in analyzing current Governance, Risk, and Compliance (GRC) programs and developing strategic roadmaps for effective software solutions. These services are tailored to address specific user pain points, goals, and timelines, ensuring alignment with technology capabilities and HR resources.

Service providers emphasize consulting to help organizations implement new methodologies aimed at identifying and capitalizing on additional revenue streams. By defining deployable use cases, consulting services enable businesses to enhance operational efficiency and achieve better overall business performance.

Integration services are increasingly essential as companies encounter complexities in deploying eDiscovery solutions. Seamless integration with existing IT infrastructure is critical for ensuring the smooth operation of these applications, mitigating interoperability challenges often posed by diverse hardware offerings from multiple vendors.

The services segment, dominated by consulting and integration services, leverages teams of consultants equipped with deep domain knowledge and technical proficiency. This expertise is instrumental in guiding organizations through the successful implementation and integration of GRC and eDiscovery solutions, thereby driving overall market growth and enhancing operational effectiveness.

Which Factors Enhance the Use of E-Discovery in BFSI (Banking, Financial Services, and Insurance)?

The BFSI (Banking, Financial Services, and Insurance) sector dominates the eDiscovery market due to its extensive use of data for customer transactions, regulatory compliance, and risk management. Financial institutions generate and manage vast amounts of electronic data daily, ranging from customer records to financial transactions, all of which require meticulous management and scrutiny during litigation processes.

eDiscovery solutions are indispensable for the BFSI sector to comply with stringent legal and regulatory requirements. These include responding to subpoenas, conducting internal investigations, and ensuring data integrity during audits and litigation. The sector's emphasis on data security and confidentiality further drives the adoption of robust eDiscovery technologies.

eDiscovery providers tailor solutions to address the unique needs of the BFSI sector, offering secure, scalable platforms that ensure compliance with data privacy laws and industry standards. These solutions integrate advanced analytics and AI-driven capabilities to expedite document review processes and enhance decision-making accuracy, reinforcing the BFSI sector's dominance in the eDiscovery market.

Country/Region-wise Acumens

Will China's IT Growth and Policy Support Drive the Growth of the E-Discovery Market in Asia Pacific?

Asia Pacific dominating eDiscovery market by contributing largest share .China's robust IT infrastructure and government policies supporting technological integration fuel significant demand for eDiscovery solutions in the Asia Pacific region. The country's proactive stance in business continuity during events like the COVID-19 pandemic has further accelerated adoption across various sectors, including banking and financial services.

Also, in Japan, strong government support and technological innovations, such as AI-driven solutions like Bebot for real-time updates, bolster the eDiscovery market. This environment encourages organizations to enhance corporate governance and risk management strategies, driven by the need to combat increasing cyber threats and ensure regulatory compliance.

The Asia Pacific region sees a rise in cyberattacks and cybercrimes, compelling organizations to invest in robust eDiscovery solutions to mitigate risks and manage legal challenges effectively. This trend is particularly pronounced in countries like India, where the surge in online activities due to COVID-19 has accelerated the adoption of automation and connectivity intelligence technologies.

The Asia Pacific, including BFSI, is leading in adopting eDiscovery solutions to meet regulatory requirements set by authorities like the China Banking Insurance Regulatory Commission (CBIRC). Partnerships like the Bank of China and Wolters Kluwer demonstrate the region's commitment to enhancing operational efficiency and compliance.

Will an Increase in Governmental and Regulatory Mandates in North America Mature E-Discovery Market?

North America is experiencing rapid growth in the eDiscovery market, driven by escalating data threats and increasing governmental and regulatory mandates. Businesses across various sectors are investing significantly in electronic discovery solutions to safeguard sensitive information and ensure compliance with stringent data security regulations.

Key players in the North American eDiscovery market are ramping up investments in research and development, acquisitions, and partnerships. These initiatives are aimed at developing advanced eDiscovery solutions that enhance data protection capabilities, streamline compliance processes, and improve overall operational efficiency for organizations across sectors. For instance, In March 2023, Gimmal and CloudNine partnered to provide a comprehensive, streamlined solution for the complete EDRM model, including four small paragraphs with ChatGPT lines.

Also, in North America, adoption of eDiscovery solutions is particularly pronounced in the government and public sector. The sector faces persistent cyber threats aimed at accessing strategic information for financial gain. Incidents like the U.S. defense outsourcers breach by Russian hackers highlight the critical need for robust eDiscovery tools to protect sensitive government data from unauthorized access and breaches.

Competitive Landscape

The competitive landscape of the eDiscovery market is characterized by a diverse array of vendors offering comprehensive solutions tailored to meet the evolving needs of businesses across various industries. These vendors differentiate themselves through advanced technological capabilities, such as AI-driven analytics, cloud-based platforms for scalability, and robust data security measures. Market competitiveness is further shaped by strategic initiatives including partnerships, mergers, and acquisitions aimed at expanding service offerings and enhancing market presence. As organizations increasingly prioritize efficient data management, regulatory compliance, and litigation readiness, competition in the eDiscovery market continues to drive innovation and the development of tailored solutions to meet these critical needs. Some of the prominent players operating in the E-Discovery market include:

IBM Corporation

Microsoft Corporation

OpenText Corporation

Relativity

FTI Consulting, Inc.

Nuix

kCura LLC

AccessData Group LLC

Exterro Inc.

Zapproved LLC

Veritas Technologies LLC

Micro Focus International plc

Commvault Systems, Inc.

Epiq Systems, Inc.

Ricoh Company, Ltd.

Catalyst Repository Systems, Inc.

Lighthouse eDiscovery

Casepoint LLC

ZyLAB Technologies

Logikcull, Inc.

Latest Developments

In February 2022, CS DISCO has acquired Congruity 360, LLC's legal workflow products, Hold360 and Request360, along with regulatory and alert solutions. These products provide a digital solution for corporate legal hold requirements and demand compliance, collaborating with CS DISCO's cloud-based electronic discovery platform.

In August 2021, CloudNine has acquired ESI Analyst, a new standard for file types like chat, audio, social media, text, computer activity, and financial data. The acquisition confirms CloudNine's commitment to cutting costs and risk by investing in high-value product offerings for customers and the market. The acquisition and hiring of 50% more employees further demonstrate CloudNine's commitment to customer challenges throughout the EDRM lifecycle.

TABLE OF CONTENTS

1. Introduction

  • Market Definition
  • Market Segmentation
  • Research Methodology

2. Executive Summary

  • Key Findings
  • Market Overview
  • Market Highlights

3. Market Overview

  • Market Size and Growth Potential
  • Market Trends
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Porter's Five Forces Analysis

4. E-Discovery Market, By Deployment Type

  • On-premises
  • Cloud-based
  • Hybrid

5. E-Discovery Market, By Component

  • Software
  • Services

6. E-Discovery Market, By End-User

  • Legal
  • Banking, Financial Services & Insurance (BFSI)
  • Healthcare
  • Other industries

7. Regional Analysis

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Latin America
  • Brazil
  • Argentina
  • Chile
  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

8. Market Dynamics

  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Impact of COVID-19 on the Market

9. Competitive Landscape

  • Key Players
  • Market Share Analysis

10. Company Profiles

  • Microsoft Corporation
  • International Business Machines Corporation (IBM)
  • CS DISCO Inc.
  • KLDiscovery Limited
  • Nuix
  • Relativity
  • Logikcull
  • ZyLAB
  • Deloitte
  • Casepoint
  • Exterro
  • Knovos
  • Nextpoint
  • OpenText
  • Everlaw
  • Epiq
  • Consilio
  • IPRO
  • Servient
  • Zapproved
  • Reveal

11. Market Outlook and Opportunities

  • Emerging Technologies
  • Future Market Trends
  • Investment Opportunities

12. Appendix

  • List of Abbreviations
  • Sources and References