TechNavio today launched its report Global E-discovery Market 2010-2014 based on an in-depth study. The report aims to aid decision makers understand the present and the future landscape of the Global E-discovery market.
Commenting on the report, an analyst from TechNavio™s IT Security team said, Companies are using collaboration tools to set up their e-discovery management. Tools with better functionality are being introduced to integrate with e-discovery solutions and to simplify the process. Collaboration tools works as an extension of e-discovery solutions, and a single solution can be used to track the user as well as for project management functions. Thus, given the advantages of collaboration tools, it is expected that more users will opt for e-discovery solutions with extended collaborative functions.
According to the report, the number of civil litigation cases and the amount of ESI such as emails, instant messages, voice messages, e-calendars, graphics, handheld devices, and data are increasing exponentially. Organizations and individuals with global business operations are required to follow record management policies from different regulatory bodies such as the Federal Rules of Civil Procedure (FRCP) in the US, European Commission (Competition) in Europe, and various local financial regulators. This increase in litigation is driving the demand for e-discovery solutions, which provide the capability to find detailed information from a large source of data.
The report also discusses that cost containment pressure on companies is the most important challenge confronting the Global E-discovery market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-e-discovery-market-2010-2014
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TechNavio Announces the Publication of its Report – Global E-discovery Market 2010-2014
