A new study predicting a rosy future for the e-discovery market echoes earlier projections that it will continue to grow.

Transparency Market Research predicts the worldwide e-discovery market will grow at 16.2 percent in a compound annual growth rate between 2014 and 2022. The market was at $5,563.7 million in 2013 and the firm predicts it will reach $21,089.1 million by 2022.

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