The Europe eDiscovery Market is expected to witness market growth of 7.2% CAGR during the forecast period (2022-2028).
All sorts of data can be used as evidence in the electronic discovery (eDiscovery) process. Text, photos, audio, video, calendars, instant messages, mobile data, databases, spreadsheets, animation, websites, and computer programs are all examples of electronic documents. Because people are generally less careful in email interactions than in hard-copy contacts, such as written memos and postal letters, email can be a particularly valuable source of evidence in civil or criminal litigation.
eDiscovery majorly involves nine stages which are information governance (IG), identification, preservation, collection, processing, review, analysis, production, and presentation. Information governance (IG) is a broad word that refers to the procedures, rules, and policies that regulate the acquisition and storage of data. The IGRM model, which provides a framework for all e-discovery agencies to follow, manages best practices.
E-discovery prospects have increased in France as a result of the General Data Protection Regulation (GDPR) and uncertainty around Brexit. Even if there is no requirement for e-discovery in French litigation, the parties may still want to review their own data, and litigation or investigations in France may be a component of larger international activities where discovery is necessary. Also, the rising concern regarding data security is a lucrative opportunity. The French data protection organization, CNIL, has provided certain guidelines, including the significance of conducting a search of data in the country before it is exported.
The Germany market dominated the Europe eDiscovery Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $1,131 million by 2028. The UK market is anticipated to grow at a CAGR of 6.3% during (2022-2028). Additionally, The France market is expected to Display a CAGR of 8% during (2022-2028).
Based on Component, the market is segmented into Services and Solution (Identification, Preservation & Collection, Processing, Review & Analysis, and Production & Presentation). Based on Deployment Model, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, Manufacturing, Government, Telecom & IT, Consumer Goods & Retail, Healthcare & Life Sciences, Energy & Utilities, Legal, and Others.. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Deloitte Touche Tohmatsu Limited, CS Disco, Inc., Nuix Limited, KLDiscovery Inc., Relativity ODA LLC, Ipro Tech, LLC (ZyLab), Exterro, Inc., and Knovos, LLC.
By Component
All sorts of data can be used as evidence in the electronic discovery (eDiscovery) process. Text, photos, audio, video, calendars, instant messages, mobile data, databases, spreadsheets, animation, websites, and computer programs are all examples of electronic documents. Because people are generally less careful in email interactions than in hard-copy contacts, such as written memos and postal letters, email can be a particularly valuable source of evidence in civil or criminal litigation.
eDiscovery majorly involves nine stages which are information governance (IG), identification, preservation, collection, processing, review, analysis, production, and presentation. Information governance (IG) is a broad word that refers to the procedures, rules, and policies that regulate the acquisition and storage of data. The IGRM model, which provides a framework for all e-discovery agencies to follow, manages best practices.
E-discovery prospects have increased in France as a result of the General Data Protection Regulation (GDPR) and uncertainty around Brexit. Even if there is no requirement for e-discovery in French litigation, the parties may still want to review their own data, and litigation or investigations in France may be a component of larger international activities where discovery is necessary. Also, the rising concern regarding data security is a lucrative opportunity. The French data protection organization, CNIL, has provided certain guidelines, including the significance of conducting a search of data in the country before it is exported.
The Germany market dominated the Europe eDiscovery Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $1,131 million by 2028. The UK market is anticipated to grow at a CAGR of 6.3% during (2022-2028). Additionally, The France market is expected to Display a CAGR of 8% during (2022-2028).
Based on Component, the market is segmented into Services and Solution (Identification, Preservation & Collection, Processing, Review & Analysis, and Production & Presentation). Based on Deployment Model, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, Manufacturing, Government, Telecom & IT, Consumer Goods & Retail, Healthcare & Life Sciences, Energy & Utilities, Legal, and Others.. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Deloitte Touche Tohmatsu Limited, CS Disco, Inc., Nuix Limited, KLDiscovery Inc., Relativity ODA LLC, Ipro Tech, LLC (ZyLab), Exterro, Inc., and Knovos, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Services
- Solution
- Identification, Preservation & Collection
- Processing, Review & Analysis
- Production & Presentation
- Cloud
- On-premise
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
- BFSI
- Manufacturing
- Government
- Telecom & IT
- Consumer Goods & Retail
- Healthcare & Life Sciences
- Energy & Utilities
- Legal
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- Deloitte Touche Tohmatsu Limited
- CS Disco, Inc.
- Nuix Limited
- KLDiscovery Inc.
- Relativity ODA LLC
- Ipro Tech, LLC (ZyLab)
- Exterro, Inc.
- Knovos, LLC
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Europe eDiscovery Market by Component
Chapter 5. Europe eDiscovery Market by Deployment Model
Chapter 6. Europe eDiscovery Market by Organization Size
Chapter 7. Europe eDiscovery Market by Vertical
Chapter 8. Europe eDiscovery Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Microsoft Corporation
- IBM Corporation
- Deloitte Touche Tohmatsu Limited
- CS Disco, Inc.
- Nuix Limited
- KLDiscovery Inc.
- Relativity ODA LLC
- Ipro Tech, LLC (ZyLab)
- Exterro, Inc.
- Knovos, LLC
Methodology
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