What is the Size and Growth Forecast for the Global eDiscovery Market?
The eDiscovery market size has witnessed strong growth in recent years, growing from $14.27 billion in 2024 to $15.14 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. This growth in the historic period is attributed to an increased volume of electronic data, a rise in cybersecurity threats and incidents, growing legal and regulatory investigations, increasing litigations, and the need for efficient and cost-effective eDiscovery solutions.
The eDiscovery market size is further projected to see rapid growth in the coming years, expected to reach $22.5 billion in 2029 at a CAGR of 10.4%. The predicted growth in the forecast period stems from an increasing need for data privacy and security, the growing use of blockchain technology, rising demand for eDiscovery services in emerging economies, the challenges of globalization and cross-border data discovery, and the increasing complexity of data sources and types. Key trends forecasted for this period include the adoption of technology-assisted review in eDiscovery, integration of analytics and predictive coding in eDiscovery, a heightened emphasis on data privacy and protection, the rise of remote and mobile eDiscovery solutions, and the evolution of technology-driven eDiscovery workflows.
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What Factors Drive the eDiscovery Market Growth?
The increase in the amount of electronically stored information is a key driver for the eDiscovery market. As data that is generated, updated, sent, and stored digitally increases, so does the diversity in the amount, formats, and sources that needs to be recorded. eDiscovery tools are necessary for performing digital investigation tasks for electronically stored data, and these tools also aid in exchanging evidence in a legal case or investigation directly through the database. For instance, the UK-based Department for Science, Innovation & Technology reported in 2024 that the digital sector contributed £158.3 billion to the UK economy in 2022. This increasing amount of electronically stored information is driving the growth of the eDiscovery market.
What Are the Major Segments in the eDiscovery Market?
The eDiscovery market covered in this report is segmented into:
1) By Component: Solutions, Services
2) By Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs)
3) By Deployment Type: On-Premises, Cloud-Based, Hybrid
4) By End-User Vertical: BFSI, Retail Sector, Healthcare, Manufacturing, IT And Telecommunication, Government, Energy and Utility, Other End Users
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Who Are The Major Players in The eDiscovery Market?
Major companies operating in the eDiscovery market include Casepoint LLC, CloudNine Discovery Services Inc., Commvault Systems Inc., Conduent Incorporated, International Business Machines Corporation, Microsoft Corporation, KLDiscovery Inc., Deloitte Touche Tohmatsu Limited, Epiq Systems LLC, Exterro Inc., FTI Consulting Inc., Open Text Corporation., Zapproved Inc., Logikcull Inc., Everlaw Inc., Veritas Technologies LLC, ZyLAB Technologies LLC, Consilio LLC, ONE Discovery, Absolute Software Corporation, Amazon Web Services Inc., Iron Mountain Incorporated, and Micro Focus International plc.
What are the Emerging Trends in the eDiscovery Market?
Technological advancements are key trends emerging in the eDiscovery market. Many major market players are focusing on the implementation of advanced technologies that work on cloud-based technology to bolster their market position. For instance, Epic systems Inc., a US-based software solutions company, launched the Epiq Service Cloud in March 2022 to empower legal service delivery excellence for both corporate legal departments and law firms.
Which Region is Set to be the Fastest-Growing in the eDiscovery Market?
North America was the largest region in the eDiscovery market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The eDiscovery Market Report 2025 Offer?
eDiscovery refers to services used for obtaining and exchanging electronic data that is sought, located, secured, and searched by organizations in the initial phases of litigation. They are used when involved parties are required to provide relevant records and evidence related to a case. The eDiscovery Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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