E-Discovery Consolidation Fueled by Client Demand for Multi-step Solutions: Survey
Jun 29, 2016
The e-discovery market has momentum on its side. A recent IDC report found that while the global e-discovery market hit $10 billion in 2015, it is on pace to reach $14.7 billion by 2019, spurred by strong growth in the Americas and Europe regions. But what this growth will look like, and what segment of e-discovery providers will most benefit, has been the subject of much debate.
If the first half of 2016 is any indication, however, fewer companies may be around by 2019 to capitalize on this growth. The level of consolidation during these months cannot be understated—take, for example, discovery services and litigation support firms, which have recently acquired solutions providers, acquired each other, and been acquired themselves by solution providers themselves.
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