eDiscovery Daily Blog

• July 28, 2014

Last Friday, we profiled one eDiscovery market estimate that predicts that the eDiscovery market will reach $15.65 billion by 2020.  Now, here’s a “mashup” of other estimates, courtesy of Rob Robinson.

Rob Robinson’s Complex Discovery site is an excellent resource for discovery and general legal technology articles which we’ve profiled several times before, including last year when we profiled his compilation of various eDiscovery market estimates for 2012 to 2017. Now, he’s updated the estimates to provide An eDiscovery Market Size Mashup for 2013 to 2018.

Like last year, 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, the following eDiscovery Market Size Mashup shares general market sizing estimates for both the software and service areas of the electronic discovery market for the years between 2013 and 2018.”

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

• The eDiscovery Software and Services market is expected to grow an estimated 15.51% Compound Annual Growth Rate (CAGR) per year from 2013 to 2018 from $5.36 billion to $11.02 billion per year.  Services comprise approximately 72% of the market and software comprises approximately 28%.
• The eDiscovery Software market is expected to grow an estimated 17.15% annual growth per year from 2013 to 2018 from $1.5 billion to $3.31 billion per year.  Software currently comprises 28% of the market, which will rise to 30% by 2018.  Also by 2018, 80% of the eDiscovery software market will 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 14.87% annual growth per year from 2013 to 2018 from $3.86 billion to $7.72 billion per year.  Like last year, the breakdown of the services market is as follows: 73% review, 19% processing and 8% collection.

Here are the sources that Rob states were used in compiling the “mashup”:

• Gartner, Inc. “Magic Quadrant for E-Discovery Software.” Jie Zhang, Debra Logan, Garth Landers. June 19, 2014.
• IDC “Wordwide 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 (their new report just came out before Rob published his latest “mashup”).
• Rand Institute For Civil Justice. “Where the Money Goes:  Understanding Litigant Expenditures for Producing Electronic Discovery.” Nicolas Pace and Laura Zakaras. April 2012.
• IDC “MarketScape: Worldwide Standalone Early Case Assessment Applications Vendor Analysis.” Vivian Tero. September 19, 2011.
• Industry Observer Estimations (Multiple Observers)

As always, you’ll want to check out the story (including the cool, informative graphs), which you can do by clicking here.

So, what do you think?  Do you agree with these industry growth projections?  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 Discovery. eDiscoveryDaily is made available by CloudNine Discovery solely for educational purposes to provide general information about general eDiscovery principles and not to provide specific legal advice applicable to any particular circumstance. eDiscoveryDaily should not be used as a substitute for competent legal advice from a lawyer you have retained and who has agreed to represent you.