The 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. This is attributed to the fact that the demand for safe storage of critical data has risen due to the advent of the digital age and the rapid advancements in technologies.

Increasing digitalization and technology transformation has enhanced the demand for safe storage of critical data and the need for transparent communication within an ecosystem and the growth of the eDiscovery market is likely to thrive, due to a trend of increasing usage of social media platforms such as Facebook, Twitter, and LinkedIn.

The eDiscovery market is segmented By offering,  By deployment model, By end-user and geography.