Press release from: Future market Insights eDiscovery Market The eDiscovery market is on a robust upward trajectory. In 2023, the market was valued at USD 14.99 billion and is expected to grow to USD 17.11 billion in 2024. Projections indicate a CAGR of 10.7% from 2024 to 2030, leading to a market size of USD 31.51 billion by 2030. This growth is driven by the increasing need for organizations to preserve metadata from electronic documents, ensuring that digital information remains authentic and accessible over time. The shift towards cloud-based services has transformed how organizations manage their data, offering scalability, cost-effectiveness, and ease of access compared to traditional on-premises systems. Additionally, the rise in cyberattacks and data breaches has led organizations to prioritize cybersecurity measures, including effective eDiscovery practices. Request a Sample of this Report: https://www.futuremarketinsights.com/report-sample#5245502d47422d31363731 Understanding eDiscovery eDiscovery, or electronic discovery, refers to the process of identifying, collecting, and producing electronically stored information (ESI) for legal proceedings. This encompasses a wide range of data types, including emails, documents, presentations, databases, voicemail, audio and video files, social media posts, and websites. The primary goal of eDiscovery is to preserve the integrity of ESI while ensuring it is accessible and usable […]
eDiscovery Market to Reach USD 13.14 Billion in 2024 as Legal Sector Embraces Digital Transformation | FMI
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