eDiscovery Daily Blog

• June 24, 2015

Rob Robinson’s Complex Discovery site is an excellent resource for discovery and general legal technology articles which we’ve profiled several times before. In the past two years, we have covered his compilations of various eDiscovery market estimates for 2012 to 2017 and for 2013 to 2018. Now, he has released his worldwide eDiscovery software overview for 2014 to 2019.

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 the software area of the electronic discovery market for the years between 2014 and 2019.

You may have noticed that this compilation doesn’t include services – yet. Rob tells me he’s still working on that one and should hopefully be releasing that within the next week or so. When he does, we’ll cover it too.

Anyway, regarding the software estimates, here are some highlights (based on the estimated from the compiled sources):

• The eDiscovery Software market is expected to grow an estimated 14.4% annual growth per year from 2014 to 2019 from $1.73 billion to $3.38 billion per year. Software currently comprises 30% of the market, which is expected to rise to 32% by 2019. Also by 2019, 78% 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.
• Per Rob’s previous “mashups”, previous estimated growth rates for eDiscovery software were 15% annual growth per year from 2013 to 2018 from $1.5 billion to $3.31 billion per year and 16.78% annual growth per year from 2012 to 2017 from $1.49 billion to $2.78 billion per year. So, this year’s estimated 14.4% annual growth rate over the next five years reflects a bit of a slowdown from previous estimates.

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

• 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.
• IDC “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.
• IDC “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? 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.