The global legal hold software market is anticipated to grow at a significant CAGR during the forecast period. The process of legal hold is adopted by an organization in order to preserve all forms of potentially relevant information in the cases when litigation is pending or reasonably anticipated. With the deployment of legal hold software, the companies can have significantly improved execution speed, repeatability, and defensibility coupled with the reduced costs associated with managing legal holds.

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The advantages offered by the legal hold software such as mitigation of risk in combination with reduced cost, labor, and potential confusion is potentially driving the legal hold software market growth during the forecast period. The major factor contributing to the growth of the market include more accustomed courts across the globe.

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Legal Hold Software Market Segmentation

By Deployment Type

Cloud-Based

On-Premises

By Industry Verticals

Large Enterprises

Small Enterprises

Regional Analysis

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Alfresco Software, Inc.

Cicayda, LLC

CloudNine

Consilio LLC

Epiq Systems, Inc.

Exterro, Inc.

KLDiscovery

Logikcull

Mitratech Holdings Inc.

Nuix Pty Ltd.

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