Global E-Discovery Market

The global eDiscovery market was valued at US$8.399 billion in 2017 and is expected to grow at a CAGR of 11.35% over the forecast period to reach a market size of US$16.007 billion by 2023. Rapid technological advancements in the field has led to the usage of newer technologies, such as the new VeriFone Illuminate, an eDiscovery platform that can automatically transcribe and translate unstructured data, including audios, videos and more, has led to an increase in the adoption of these solutions by law enforcement agencies to tackle cases dealing with high volumes of unstructured data at a significantly fast rate.