Our survey covered the 2005 calendar year. Based on our research, we estimate that 2005 commercial EDD revenues were nearly $1.3 billion, up 56% from 2004. We estimate that the top 30 providers collected about $450 million. An additional 360-plus providers accounted for another $455 million, while 'do-it-yourself' firms (law firms and companies handling EDD work themselves that otherwise would have been sent to a provider) represented $90 million.
George SochaThomas GelbmannIn general, e-discovery spending continues to grow, although with changing processes and tightening prices, some providers are beginning to feel the pinch.
Consolidation also continues, with larger electronic data-discovery (EDD) providers buying smaller ones, and companies outside the market looking for opportunities to enter what they see as a lucrative area.
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