eDiscovery Daily Blog

• May 3, 2016

We look forward to the eDiscovery Market Size Mashup that Rob Robinson compiles and presents on his Complex Discovery site each year.  Each of the past three years in July, we have covered his compilations of various eDiscovery market estimates, with estimates for 2012 to 2017, for 2013 to 2018 and 2014-2019 (in two parts).  This year, we don’t have to wait until July: he has released his worldwide eDiscovery software overview for 2015 to 2020 now!

As always, the compilation is “[t]aken from a combination of public market sizing estimations as shared in leading electronic discovery publications, posts and discussions over time”.  Rob’s “Mashup” shares general market sizing estimates for both the software and service areas of the electronic discovery market for the years between 2015 and 2020.

Here are some highlights (based on the estimated from the compiled sources):

• The eDiscovery Software and Services market is expected to grow an estimated 13.15% Compound Annual Growth Rate (CAGR) per year from 2015 to 2020 from $7.33 billion to $13.597 billion per year. Services will comprise approximately 71.69% of the market and software will comprise approximately 28.31% by 2020.
• The eDiscovery Software market is expected to grow an estimated 14.75% annual growth per year from 2015 to 2020 from $1.935 billion to $3.849 billion per year. Software currently comprises 26.39% of the market, which will rise to 28.31% by 2020.  Also by 2020, 70% of the eDiscovery software market is expected to be “off-premise” – which includes cloud-based and other Software-as-a-Service (SaaS)/Platform-as-a-Service (PaaS)/Infrastructure-as-a-Service (IaaS) solutions.
• The eDiscovery Services market is expected to grow an estimated 12.55% annual growth per year from 2015 to 2020 from $5.397 billion to $9.748 billion per year. The breakdown of the services market by 2020 is expected to be as follows: 68% review, 19% processing and 13% collection (over the past three years, review was at 73% and collection was at 8%).

Growth rates are fairly steady with those reported last year, though down from the estimates the prior two years.

Here are the sources that Rob states were used in compiling the “mashup” (including his own, how clever!):

• U.S. Department of Commerce, International Trade Administration. 2016 Top Markets Report – Cloud Computing. April 14, 2016.
• “eDiscovery Business Confidence Survey – Winter 2016 Results.” ComplexDiscovery. March 2, 2016.
• “Worldwide eDiscovery Services Forecast 2014-2019.” Sean Pike, Angela Gelnaw. December 2015.
• Gartner, Inc. “Critical Capabilities for E-Discovery Software.” Jie Zhang, Garth Landers. October 6, 2015.
• Transparency Market Research. “eDiscovery Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014-2022.” July 6, 2015
• Markets and Markets. “E-Discovery Market By Solution, Deployment, Industry, & Region – Global Forecast to 2020. July 2015.
• Global Industry Analysts, Inc. “eDiscovery (Software and Services) Global Strategic Business Report.” May 28, 2015.
• Gartner, Inc. “Magic Quadrant for E-Discovery Software.” Jie Zhang, Garth Landers. May 18, 2015.
• The Radicati Group. “eDiscovery Market, 2014-2018.” Sara Radicati. December 3, 2014.
• Transparency Market Research. “eDiscovery Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020).” June 2014.
• Gartner, Inc. “Magic Quadrant for E-Discovery Software.” Jie Zhang, Debra Logan, Garth Landers. June 19, 2014.
• “Worldwide eDiscovery Software 2014-2018 Forecast.” Sean Pike. May 2014.
• The Radicati Group. “eDiscovery Market, 2013-2017.” Sara Radicati. August 2013.
• Gartner, Inc. “Magic Quadrant for E-Discovery Software.” Debra Logan, Alan Dayley, Sheila Childs. June 10, 2013.
• The Radicati Group. “eDiscovery Market, 2012-2016.” Sara Radicati, Todd Yamasaki. October 2012.
• Transparency Market Research. “World e-Discovery Software & Service Market Study.” August 2012.
• Rand Institute For Civil Justice. “Where the Money Goes: Understanding Litigant Expenditures for Producing Electronic Discovery.” Nicolas Pace and Laura Zakaras. April 2012.
• “MarketScape: Worldwide Standalone Early Case Assessment Applications Vendor Analysis.” Vivian Tero. September 19, 2011.
• Industry Observer Estimations (Multiple Observers)

So, what do you think?  Do you think the eDiscovery software market is slowing down?  Or is it simply a matter of the market maturing over time?  Please share any comments you might have or if you’d like to know more about a particular topic.

Disclaimer: The views represented herein are exclusively the views of the author, and do not necessarily represent the views held by CloudNine. eDiscovery Daily is made available by CloudNine solely for educational purposes to provide general information about general eDiscovery principles and not to provide specific legal advice applicable to any particular circumstance. eDiscovery Daily should not be used as a substitute for competent legal advice from a lawyer you have retained and who has agreed to represent you.