Summary of eDiscovery market research from IBISworld

E-Discovery industry has grown at an average annual rate of 5.6% to an estimated $786.5 million in 2011. The copious amount of electronically stored information (ESI) has made e-discovery services resilient in the face of tough economic conditions. Fortunately, corporate profit rebounded, with a strong 29.2% surge in 2010, followed by a 4.4% increase through 2011. This growth has allowed businesses to reinvest in new technologies, including e-discovery software. As a result, industry revenue jumped 9.1% in 2010 and is expected to outpace the five-year average growth again in 2011, with an increase of 7.6%

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