eDiscovery (Software and Service) Market is Expected to Reach USD 9.9 Billion Globally in 2017: Transparency Market Research

eDiscovery (Software and Service) Market is Expected to Reach USD 9.9 Billion Globally in 2017: Transparency Market Research PR Newswire ALBANY, New York, August 8, 2012 ALBANY, New York, August 8, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "eDiscovery (Software and Service) Market - Global Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2010 - 2017," the global e-discovery market was worth USD 3.6 billion in 2010 and is expected to reach USD 9.9 billion in 2017, growing at a CAGR of 15.4% from 2010 to 2017. In the overall global market, the U.S. is expected to maintain its lead position in terms of revenue with 73% of global e- discovery market share in 2017. Browse the full report athttp://www.transparencymarketresearch.com/ediscovery- market.html Key factors driving the global e-discovery market include increasing adoption of predictive coding, growing risk mitigation activities in organizations, increase in criminal prosecutions and civil litigation and growth of record management across various industries. The U.S. eDiscovery market was valued at USD 3.0 billion in 2010, and is estimated to grow at a CAGR of 13.3% from 2010 to 2017 to reach USD 7.2 billion by 2017. The rest of the world e-discovery market is expected to grow at a CAGR of 23.2% to reach USD 2.7 billion by 2017.