top of page

E-Discovery Mega Billions

Don't miss this Bloomberg article (mentioned on the ACEDS site today) on the size of the e-discovery market. . Gartner estimates the world software market to be $1.8 billion and estimates that it grew 10% in 2014. A research group named Markets and Markets estimated the size of the international e-discovery software and services market to be 7 billion and projected that it would double in the next five years. See: The report provides detailed information on e-discovery in different market sectors, and profiles some of the e-discovery leaders. It is however prohibitively expensive to purchase. Robert Hilson, of Logikull made some calculations to come up with an estimate of the overall cost of e-discovery in the U.S., excluding preservation, to be $41.2 billion. See: . HIlson's estimate is based on the assumption that about 60% of federal and states cases involve disovery, and the average cost of discovery in each case is $35,000.

George Socha, the founder of the EDRM, dismisses all of these estimates as wild guesses, having abandoned his own past efforts to estimate the size of the market.

bottom of page