eDiscovery Daily Blog

• July 29, 2013

Rob Robinson’s Complex Discovery site is an excellent resource for discovery and general legal technology articles – his weekly top story digest is a terrific source for keeping tabs on the industry.  Now, Rob has created a compilation of various eDiscovery market estimates for the next several years to provide An eDiscovery Market Size Mashup for 2012 to 2017.

As Rob notes: “Taken 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 2012 and 2017.”

It includes a combined market view of software and services together, as well as a software-centric market view and a service-centric market view.  The highlights (based on the estimated from the compiled sources) are:

• The eDiscovery Software and Services market is expected to grow an estimated 15.4% Compound Annual Growth Rate (CAGR) per year from 2012 to 2017 from $5.53 billion to $9.81 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 16.78% annual growth per year from 2012 to 2017 from $1.49 billion to $2.78 billion per year.  Processing and Review applications currently comprise 62% of the software market (expected to drop to 55% by 2017), while Early Case Assessment applications currently comprise 38% of the market (expected to rise to 45% by 2017).
• The eDiscovery Services market is expected to grow an estimated 14.9% annual growth per year from 2012 to 2017 from $4.04 billion to $7.03 billion per year.  The breakdown of the services market is as follows: 73% review, 19% processing and 8% collection.  Personally, I think collection will be a larger percentage that that – at least based on my experiences.

Here are the sources that Rob states were used in compiling the “mashup” (links to our blog posts when available):

• 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.
• IDC “MarketScape: Worldwide Standalone Early Case Assessment Applications Vendor Analysis.” Vivian Tero. September 19, 2011.
• Industry Observer Estimations (Multiple Observers)

For more information (including some cool, informative graphs), click here.  Thanks, Rob!

So, what do you think?  Do those growth numbers surprise you?  Do you agree with them?  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.