Worldwide Market is Predicted to Surpass $1.2 Billion in 2010. “Increasingly, more organizations are being confronted with litigation regarding bribery and corruption, foreign corrupt practices, securities and financial fraud, government contracting abuses, and healthcare fraud,” said Tom Eid, research vice president at Gartner. “Such unplanned events underscore the need for more-effective enterprise information strategy and information governance policies.”
This growth, however, is primarily in the "non-US" markets.
"Until now, vendor revenue for e-discovery has focused on the U.S., with approximately 90 percent of market revenue for 2008. However, going forward, market growth is also expected in common-law jurisdictions, such as Australia, Canada, South Africa and the U.K., as new civil litigation regulations are passed regarding privacy and disclosure. In addition, many organizations based in the U.S. have subsidiaries in countries around the world that will provide further pockets of regional growth."
1 comment:
Interesting read and those are some good questions worth discussing. Any ediscovery software recommendations? I like FTI technology but am always open to other suggestions!
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