Bloomberg Law
July 27, 2015, 8:23 PM

Calculating the Size of the Opaque eDiscovery Market

Gabe Friedman

Estimating the size of the eDiscovery market is notoriously difficult, which helps explain why there have been three vastly different recent estimates of its size:

• In May,Gartner pegged the global market for eDiscovery software at an estimated $1.8 billion .

• This month, Markets and Markets, a research report publishing company, looked at the global market for eDiscovery software and services and came up with a $7.01 billion figure, which it projected would increase to $14.26 billion by 2020.

• Last week, Robert Hilson estimated the eDiscovery market connected to U.S. litigation alone, including everything but preservation, is about $41.2 billion — slightly higher than the ...

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