Healthcare Archiving Ediscovery Market | Leading Segments, Trends, Drivers and Challenges

Allscripts Healthcare Solutions Inc., Alphabet Inc., Barracuda Networks Inc. are some of the key market vendors

The healthcare archiving ediscovery market is expected to grow by $ 1.95 billion, accelerating at a CAGR of almost 10.19% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments.

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Healthcare Archiving Ediscovery Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• Market is segmented by Deployment (on-premise and cloud-based) and Geography (North America, Europe, Asia, and ROW).
• 42% of the market growth will originate from North America during the forecast period due to the significant presence of a large number of healthcare archiving ediscovery software vendors and the increasing adoption of healthcare archiving ediscovery in the region. Market growth in this region will be faster than the growth of the market in the European and ROW regions. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Healthcare Archiving Ediscovery Market size.

Healthcare Archiving Ediscovery Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Rising volume of electronic data is a significant factor in driving the growth of the Healthcare Archiving Ediscovery Market. With huge volumes of data at hand, organizations are seeking to make the best use of raw data by converting it into useful information that would enable better and more effective decision-making. Several healthcare providers are installing data management and data discovery solutions, such as ediscovery solutions, as a part of data analytics.
• Increased use of IT-enabled solutions will be instrumental in driving the market growth during the forecast period. Cloud-based solutions help in easy big data management and analytics in a cost-effective manner.
• Rising data security and privacy concerns is a hurdle that needs to be crossed on the path to success.

Healthcare Archiving Ediscovery Market: Vendor Analysis

• The market is fragmented.
• Allscripts Healthcare Solutions Inc., Alphabet Inc., Barracuda Networks Inc., Bloomberg LP, Commvault Systems Inc., General Electric Co., Global Relay Communications Inc., International Business Machines Corp., Microsoft Corp., and Smarsh Inc. are some of the major market participants.
• The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areas Covered in our Report:

• Healthcare Archiving Ediscovery Market Split by Deployment
  • on-premise
  • cloud-based
• Healthcare Archiving Ediscovery Market Split by Geography
  • North America
  • Europe
  • Asia
  • ROW

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Allscripts Healthcare Solutions Inc.
• Alphabet Inc.
• Barracuda Networks Inc.
• Bloomberg LP
• Commvault Systems Inc.
• General Electric Co.
• Global Relay Communications Inc.
• International Business Machines Corp.
• Microsoft Corp.
• Smarsh Inc.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of 10.19%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 1.95 bn through 2022-2026.
    
3. What is a key factor driving this market?
   Rising volume of electronic data will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, Asia, and ROW are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   42% growth will originate from North America
    
6. Who are the leading market vendors?
   The leading vendors in this market are Allscripts Healthcare Solutions Inc., Alphabet Inc., Barracuda Networks Inc., Bloomberg LP, Commvault Systems Inc., General Electric Co., Global Relay Communications Inc., International Business Machines Corp., Microsoft Corp., and Smarsh Inc.
    
7. What are the market segments covered in this report?
   The market is segmented by Deployment (on-premise and cloud-based) and Geography (North America, Europe, Asia, and ROW)