Social Media Usage in Companies Propels Global eDiscovery Market at 16.20% CAGR from 2014 to 2022
The global eDiscovery market is exhibiting a 16.20% CAGR between 2014 and 2022. The market’s value in 2013 was recorded to be US$5.5 bn, according to a research report released by Transparency Market Research. The report, titled “eDiscovery Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022”, has been created to impart accurate market descriptions to a user in order for a company to formulate their next successful strategic deployment.
Browse the full eDiscovery Market report at http://www.transparencymarketresearch.com/ediscovery-market.html
According to the report, the primary driver for the global eDiscovery market is the increasing generation rate and volume of electronically stored information (ESI) per year. This is mostly carried out by organizations that require ESI for better management of resources and infrastructure purposes, as well as maintenance of the large volume of data for purposes related to civil litigation.