eDiscovery Market Updates

eDiscovery Market size was valued at USD 12 Billion in 2023 and is poised to grow from USD 13.03 Billion in 2024 to USD 25.3 Billion by 2032, growing at a CAGR of 8.6% during the forecast period (2025-2032).

The eDiscovery industry is competitive, with a mix of global leaders and emerging players offering a variety of solutions to meet needs of the different industries. Leading agencies such as OpenText Corporation, Relativity, Nuix, Exterro, and Microsoft Corporation dominate the market with advanced technology and complete product services.   'Microsoft ', 'IBM ', 'DISCO ', 'KLDiscovery ', 'Nuix ', 'Relativity ', 'Logikcull ', 'ZyLAB ', 'Deloitte ', 'Casepoint ', 'Exterro ', 'Knovos ', 'Nextpoint ', 'OpenText ', 'Everlaw ', 'Epiq ', 'Consilio ', 'IPRO ', 'Servient ', 'Zapproved ', 'Reveal ', 'CloudNine ', 'Lighthouse ', 'One Discovery ', 'Onna ', 'Texifter ', 'Evichat'

Integration of AI and Automation in eDiscovery to Aid Market Proliferation: The integration of new-age technologies in eDiscovery provides enhancements in efficiency, improvement in accuracy, and, more importantly, enables cost-effectiveness. Comprehensive solutions help to visualize and classify data, further simplifying the governance process. Furthermore, this solution also helps reduce the risk of human error and enables a simpler governance process. This integration changes the traditional Electronic Discovery Reference Model (EDRM) lifecycle stage. 

As per the eDiscovery market outlook, the North America region is dominating and holds the largest share. The demand for electronic discovery solutions in the region is accelerated by an increase in data threats and governmental and regulatory spending among businesses for security reasons. The rising adoption of electronic discovery solutions and services is increasing in government and public sector as government database has important strategic information. Moreover, a strong shift towards cloud-based solutions for scalability, integration of AI for predictive coding and automated review, heightened data privacy concerns and the impact of remote work increasing the need for decentralized data handling capabilities. For instance, Russian hackers breached U.S. defense outsourcers and stole crucial information from 2020 to 2022.   Asia Pacific is expected to grow at the largest CAGR during the forecast period. Many organizations are migrating to cloud platforms from on-premises to focus on data governance, which increases the adoption of electronic discovery solutions in the region, thereby having a positive impact on market growth. In addition, the region’s government & public industry continues to make increasing use of electronic discovery solutions and services as data security threats continue to rise. Additionally, in addition to the growing need for robust e-discovery tools due to the rise of forensic and corporate investigations, the use of AI and automation to improve efficiency is on the rise. These trends are expected to fuel market growth in the upcoming years.