e-Discovery Consulting Services in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) January 17, 2012
As the amount of electronically stored information (ESI) continues to grow, e-discovery will become an increasingly important part of the legal process, according to IBISWorld industry analyst Nikoleta Panteva. Consulting services are also a vital part of the move to e-discovery. “As the economy improves, law firms will be more willing to spend money on outsourced consulting services. IBISWorld forecasts that the law firms industry ? worth $ 281 billion in 2012 ? will grow by an average 2.8% per year to 2016. Demand for outsourced services is particularly important as staffing cutbacks during the recession will have a negative short-term effect on productivity as the economy improves.” With economic recovery, corporate profit is slated to grow at a robust average annual rate of 7.3% over the five years to 2016. As increasing litigation rates and demand for corporate law looms around the corner, firms that laid off too many employees will find it hard to compete against those who have strategically positioned themselves for tomorrow’s market.
Coupled with the ever-increasing amount of ESI and growing demand from the legal market, IBISWorld anticipates that e-Discovery Consulting Services industry revenue at expand at more than double the rate of overall economic growth. The type of data scoured and the expanding sources through which it is retrieved will help strengthen product development. Corporations already cite social networks as a significant source of information, and the growing influence of social websites within the work environment will spur demand for new and advanced e-discovery products like processing and analysis software, collection software, review software, legal hold software, and consulting services.
Major players in the e-Discovery Consulting Services industry include Kroll Ontrack, Scarab Consulting and Fios Inc. Consultants are involved in all aspect of e-discovery data collection, retrieval, coding and analysis used for litigation, regulation and investigation. Consultants will face competition from software developers, such as Autonomy Corporation and Symantec Corporation as demand for industry services grows. Software developers will consult and train during and after the software installation process and troubleshoot after installation if problems arise. These services require little additional investment on the part of the software company since its employees will already be well versed in the software for consulting and training purposes. Moreover, as these services can command a hefty price tag, and can lead to on-going engagements, they are a valuable revenue source of income relative to actual software development.
For more information visit IBISWorld?s e-Discovery Consulting Services industry
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This industry provides e-discovery services, in which electronic data are searched, located and secured for use as evidence in a court of law. Industry firms provide e-discovery consulting services, including collecting, processing and reviewing data, to end users like law firms, corporations, hospitals and government agencies.
IBISWorld industry Report Key Topics
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nation?s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Categories: Tips Tags: available, Consulting, eDiscovery, From, IBISWorld, Industry, Market, Report, Research, Services
Global Market for Juice and Smoothie Bars to Reach US$10.7 Billion by 2015, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) January 16, 2012
Follow us on LinkedIn ? The global juice and smoothie bars market is all set to make a splash, reviving from the recent economic slump that caused the market to dry out for two years. Juice and smoothie bars today is one of the rapidly growing business opportunities worldwide with fresh juice outlets coming up in every nook and corner amidst increasing consciousness among consumers about healthy snacking. Lately, several food chains entered the market by establishing their own juice and smoothie bar chains or by offering their smoothie or juice brands through the retail sector. Growth in juice bar industry vastly depends on discretionary spending by consumers, which in turn is influenced by a country?s economy and the level of available discretionary income with consumers. During 2008 and 2009, consumer spending was significantly affected by the credit crisis. The trend was clearly evident across the world, especially in developed nations. However, as world economies collectively set into a phase of recovery post 2009, juice and smoothie bars were seen as attracting crowds once again.
In a diversified market already flooded with a glut of new products, innovation is of essential importance to retain and expand the number of consumers. Innovation in products, quality service ensures loyal customers and continued success for market players. Fortified or enriched drinks are the latest in a line of highly innovative products offered to the consumer in recent years. Going organic is the latest fad in the market. Letting consumers know that a juice or a smoothie bar is doing its part in reducing carbon footprint would also go a long way in increasing visits of interested consumers.
The research report titled ?Juice and Smoothie Bars: A Global Outlook? provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the world juice and smoothie bar market and the juice industry and identifies major trends, issues, challenges and growth drivers. Market discussions in the report are punctuated with fact-rich market data tables. Regional markets elaborated upon include United States, Canada, Japan, Europe (France, Germany, UK, Spain and Russia), Asia-Pacific, Latin America and Middle East & Africa. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.
For more details about this comprehensive industry report, please visit ?
http://www.strategyr.com/Juice_and_Smoothie_Bars_Industry_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.
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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/
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Categories: Tips Tags: 2015, According, Analysts, Bars, Billion, Global, Inc., Industry, Juice, Market, Reach, Report, Smoothie, US$10.7
Global Trucking Industry to Reach US$230 Billion by 2015, According to a New Industry Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) January 12, 2012
Follow us on LinkedIn ? The trucking industry encompasses the dynamic interaction of several diverse industries focused on producing, transporting and distributing goods. Though truck enterprises traditionally focused on transporting goods from source to various destinations, the landscape has changed dramatically in recent years to include an umbrella of varied services tailored to suit the needs of different industries. Freight characteristics, multi jurisdictional regulations, safety regulations, economic forces, international trade, shipper and customer needs, and truck and trailer manufacturer improvements affect operations of the trucking industry. The industry operations are also governed by factors such as conditions in the industrial production sector, which are significantly influenced by recession/boom cycles in the economy. The deregulation of trucking industry has given rise to volatile market conditions for commercial fleets, where intense competition, particularly price based, threatens the existence of several independent carriers. In order to compete, these companies seek to enhance their economic efficiencies and market standing, as well as differentiate themselves by offering excellent customer service. The focus of industry is on operating in cooperation with other modes of transport to meet specific delivery requirements, as cost efficiencies can be combined to minimize overall costs incurred on freight transportation.
In the United States, the economic slowdown affected the trucking industry far more than the railroad sector. This is mainly due to the fact that unlike trucking industry, the railroad sector is more inclined towards transportation of non-cyclical commodities such as coal and agricultural products, which stayed relatively stable despite the economic crisis. The trucking industry, which is more dependent on manufacturing and retail demand, experienced comparatively steep decrease in volume during the economic slowdown. With the crisis compelling production shutdowns in several companies, demand for transportation of goods witnessed a considerable decline. Increase in fuel costs also accounted for the downward slide. Presently, the industry is witnessing renewed activity buoyed by a positive outlook in the economy and improved business conditions. Freight Act of 2010, intended to enhance efficiency and security of trucking, is also expected to offer better growth opportunities for transporters. Growth is expected to be propelled by increased manufacturing activity; indicated by increase in number of workers employed, enhanced retail sales, inventory stocking, growth in freight volumes and gradual increase in utilization rates.
China?s trucking industry is witnessing robust growth following the recovery of global markets, and increased export import opportunities. Long distance transportation is gaining prominence in China owing to rapid increase in unit freight mileage thereby bolstering the demand for high-end trucks that are required to transport shipment over a long distance. Demand for heavy-duty trucks with high fuel efficiency and better emission control systems is expected to escalate backed by various factors. Increase in diesel fuel taxes is projected to further the demand for fuel efficient vehicles. Also propelling demand for newer vehicles is the proposed harmonization of emission rules on par with that of Europe and the US compelling truckers to comply with international emission standards.
The research report titled ?Trucking: A Global Outlook? announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global trucking industry, identifies major short to medium term market challenges, and growth drivers. Market discussions in the report are punctuated with fact-rich market data tables. Regional markets elaborated upon include United States, Canada, Japan, UK, Australia, and China among others. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.
For more details about this comprehensive industry report, please visit ?
http://www.strategyr.com/Trucking_Industry_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.
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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/
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Categories: Tips Tags: 2015, According, Analysts, Billion, Global, Inc., Industry, Reach, Report, Trucking, US$230
Global Inorganic Chemicals Market to Reach 176 Million Metric Tons by 2015, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) January 12, 2012
Follow us on LinkedIn ? Although the inorganic chemicals sector occupies a rather small share of the global chemicals industry, these chemicals find application in a wide range of industries including leather, pulp and paper, tires, dyestuffs, explosives, detergents, cigarettes and rubber chemicals among others. Growth in the Inorganic Chemicals industry continues to be influenced by three key factors ? economy, prices, and supply and demand scenario of chemicals. Stringent pollution control norms have jump-started the usage of inorganic chemicals, and together with the unraveling of potential advantages, they continue to remain the growth drivers for the forthcoming years. While industrial growth is almost saturated in the developed regions of Europe and North America, future growth is expected to emanate from Asia-Pacific and Middle East. China and India, with their ability to manufacture these chemicals at low costs represent the main growth areas for inorganic chemicals through 2015.
Chlor-alkali is one of the biggest inorganic chemicals markets by value. World soda ash market witnessed a fall in recent years primarily due to the decline in demand for glass from the building and automotive industries, and other end-use sectors. The market demonstrated a rapid recovery in 2010 fueled by increased demand from industrial consumers. Asia-Pacific is emerging as a potential avenue for chlor-alkali due to the rapidly growing markets in the region. Middle East nations reflect competitive advantage of low energy costs. Major developments in the hydrogen peroxide market, another important inorganic chemical is expected to be driven largely by the ?environmental concerns? of the chemical industry.
The research report titled ?Inorganic Chemicals: A Global Outlook? announced by Global Industry Analysts Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global Inorganic Chemicals industry, identifies major short to medium term market challenges, and growth drivers. Market discussions in the report are punctuated with fact-rich market data tables. Regional markets elaborated upon include North America, Europe, Asia-Pacific, Latin America, and Rest of World. The report also offers a recapitulation of recent mergers, acquisitions, and corporate developments in addition to an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.
For more details about this comprehensive industry report, please visit ?
http://www.strategyr.com/Inorganic_Chemicals_Industry_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.
Follow us on LinkedIn
Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/
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Categories: Tips Tags: 2015, According, Analysts, Chemicals, Global, Inc., Industry, Inorganic, Market, Metric, Million, Reach, Report, Tons
Global Accounting, Auditing and Bookkeeping Services Market to Reach US$267 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) January 11, 2012
Follow us on LinkedIn ? Businesses during the crisis period were confronted with increasing receivables and slow collections, and with most of them reporting decreased tax season revenues, accounting, auditing and bookkeeping firms serving such companies were the worst hit. Even those accounting firms which remained strong for a certain amount of time slowly succumbed to the worst economic climate. Nevertheless, the recession induced certain positive changes in the market, foremost among them being the accelerated trend of financial professionals donning more responsible positions in the organizations they serve. Accounting, auditing and bookkeeping service providers are portraying a more active role as trusted advisers as the market comes out of the recessionary impact. Accountancy in most of the client organizations now supervises top management in all monetary aspects related to business running. Moving forwards, the traditional accounting and financial services is going to evolve into a more mature profession specializing in niche areas such as high-level diagnosis and high level guidance and advisory. During the crisis, accounting firms also spent more time with existing clients and tried developing innovative solutions for better serving their needs rather than scouting for new clients. Increased automation significantly reduced the time taken for the routine accounting jobs, forcing accounting professionals to expand scope of work.
PwC retained the top spot among the Big Four, followed by Deloitte, E&Y and KMPG. After witnessing a subdued performance in 2009, the Big Four companies inched ahead in 2010. The firms utilized the time period for building a strong platform to serve the increased client demand they anticipated post crisis. The companies invested in building markets, strengthening global strategies and in training people instead. Smaller companies on the other hand sought opportunities to grab smaller and mid-sized clients from the Big Four.
Region wise, the slowdown and stricter regulatory environment continue to have a bearing on US tax accountancy industry. The American Recovery and Reinvestment Act of the year 2009 brought in an era of tax cuts reducing demand for services of tax accounting professionals in the US. On the contrary, in Europe, implementation of new regulations has been the major growth driver for the accounting services market. Germany and the United Kingdom are the two major countries in Europe which are witnessing a rapid growth in their offshore accounting services markets, mainly because of a shortage of labor and also price pressures. Segment-wise, in the global market, services that are in high demand currently are internal audit, risk management and due diligence, while IPO and corporate finance are still in a lull. The service segment of cross-border tax advice demonstrated consistent growth. The International Accounting Standards are being rapidly adopted in several countries. Around 120 countries have permissions for IFRS implementation for the present.
The research report titled ?Accounting, Auditing and Bookkeeping Services: A Global Outlook? announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a bird?s eye view of the industry, highlights latest accounting trends, and demand drivers as well as the negative impact of recent economic recession on the industry. Discussion on the industry?s regional markets are amply detailed with unbiased research commentary and punctuated with a number of fact-rich market data tables designed to provide the reader a rudimentary understanding of the prevailing market climate. Markets briefly synopsized to offer the reader a prelude to regional dynamics, include US, Canada, Japan, Belgium, Estonia, Germany, Italy, Norway, Russia, Sweden, UK, Australia, China, Hong Kong India, Malaysia, Taiwan, Argentina, Brazil, Mexico and United Arab Emirates. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.
For more details about this comprehensive industry report, please visit ?
http://www.strategyr.com/Accounting_Auditing_and_Bookkeeping_Services_Industry_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.
Follow us on LinkedIn
Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/
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