TechNavio today launched its report, Global eDiscovery Market 2011-2015, based on an in-depth analysis covering the Americas, and the Rest of the World. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s IT Security team said: ”As the adoption and popularity of eDiscovery solutions are increasing, large enterprises are acquiring pure-play vendors to enter the market. This helps these large enterprises increase their presence in various technology markets, gain technological expertise, and enhance their product portfolios. Several large vendors such as HP and Symantec have adopted such acquisition strategies, and this trend is expected to continue in the future.”
According to the report, as the amount of electronically stored information (ESI) is growing exponentially, organizations and individuals with global business operations are required to follow record management policies mandated by different regulatory bodies. This has led to an increasing number of civil litigation cases, which is driving the demand for eDiscovery solutions.
Further, the report reveals that the main challenge faced by the market is the increasing initial and associated costs of the eDiscovery process.
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 vendors. For further information on this report, please visit https://www.technavio.com/content/global-ediscovery-market-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our IT Security market research, please visit https://www.technavio.com/security
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Global eDiscovery Market 2011-2015
