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Stock impact report

Global eDiscovery Market Projected to Reach $20.04 Billion by 2028: Technology-Assisted Review, Enhanced Analytics, Data Privacy Emphasis, and Mobile Solutions are the Key Trends [Yahoo! F...

Commvault Systems, Inc. (CVLT) 
Last commvault systems, inc. earnings: 1/29 07:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.commvault.com
Company Research Source: Yahoo! Finance
The eDiscovery market size has grown strongly in recent years. It will grow from $13.53 billion in 2023 to $14.35 billion in 2024 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to increased volume of electronic data, continued growth in cybersecurity threats and incidents, rise in legal and regulatory investigations, growing number of litigations, need for efficient and cost-effective eDiscovery solutions. The eDiscovery market size is expected to see strong growth in the next few years. It will grow to $20.04 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to growing need for data privacy and security, increasing use of blockchain technology, growing demand for eDiscovery services in emerging economies, globalization and cross-border data discovery challenges, increasing complexity of data sources and types. Major trends in the forecast period include adoption o Show less Read more
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