Legal Analytics Market size is expected to grow at 33% throughout the forecast period, reaching nearly US$ 17.62 Bn by 2030. The legal analytics market is expected to witness significant growth during the forecast period. Legal analytics manages the process of extracting knowledge from current legal data to help internal legal teams and decision-makers on certain legal matters. This is done by forecasting strategy, comparative legal costs, process development, financial operations, and resource management.To know about the Research Methodology:- Request Free Sample Report The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis. The Global Legal Analytics Market based on a component is divided into solution and services. The services segment is projected to grow at a high CAGR during the forecast period. The Global Legal Analytics Market based on the deployment model is divided into on-premises and on-demand. The on-demand segment is expected to be the major contributor for the market during the forecast period. The legal analytics market based on case type is segmented into commercial case management, antitrust management, intellectual property management, and others. Geographically, Global Legal Analytics Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to be the largest market for legal analytics during the forecast period. The growth of this region is attributed to the high-quality legal services delivered by the vendors in this region.
The years that have been considered for the study are:
Base year – 2023 Estimated year – 2023 Forecast period – 2024 to 2030Legal Analytics Market, Key Highlights:
1. Global Market analysis and forecast, in terms of volume and value. 2. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Market. 3. Global Market segmentation on the basis of component, analytics type, case type, deployment model, end user and geography (country-wise) has been provided. 4. Global Market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of the study. 5. Global Legal Analytics Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. 6. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. 7. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Legal Analytics Market are also profiled.Research Methodology:
The Global Market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for Global Legal Analytics Market Geographic Analysis: 1.Breakdown of North America Global Legal Analytics Market 2.Breakdown of Europe Global Legal Analytics Market 3.Breakdown of Asia Pacific Global Legal Analytics Market 4.Breakdown of Middle East & Africa Global Legal Analytics Market Analytics Market: Breakdown of Latin America Global Legal Analytics Market Available Customization Maximize Market Research offers customization of reports according to the specific requirement of our clients Global Legal Analytics Marketplace is growing with the presence of major companies holding a large market share.Market, Key Target Audience:
Vendors of Legal Analytics Managed Service Providers Third-party Vendors LPO Service Providers Technology Providers Artificial Intelligence (AI) Solution ProvidersLegal Analytics Market Scope of the Report: Inquire before buying
Global Legal Analytics Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US$ 2.39 Bn. Forecast Period 2024 to 2030 CAGR: 33% Market Size in 2030: US$ 17.62 Bn. Segments Covered: by Component Solution Services by Analytics Type Prescriptive Analytics Descriptive Analytics Predictive Analytics by Case Type Commercial Case Management Antitrust Management Intellectual Property Management Others by Deployment Model On-Premises On-Demand by End User Law Firms Corporates Others Market, by Region:
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players:
1. Wolters Kluwer 2. Mindcrest 3. Thomson Reuters 4. Unitedlex 5. Lexisnexis 6. Argopoint 7. Premonition 8. Analytics Consulting LLC 9. Cpa Global 10. The Bureau of National Affairs (BNA) 11. Wipro 12. IBM Frequently Asked Questions: 1. Which region has the largest share in Global Market? Ans: North America region held the highest share in 2023. 2. What is the growth rate of Global Market? Ans: The Global Market is expected to grow at a CAGR of 33% during forecasting period 2024-2030. 3. What is scope of the Global market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global market? Ans: The important key players in the Global Market are – Wolters Kluwer, Mindcrest, Thomson Reuters, Unitedlex, Lexisnexis, Argopoint, Premonition, Analytics Consulting LLC, Cpa Global, The Bureau of National Affairs (BNA), Wipro, and IBM. 5. What is the study period of this market? Ans: The Global Legal Analytics Market is studied from 2023 to 2030.
Global Legal Analytics Market
1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends 5. GLOBAL LEGAL ANALYTICS MARKET, BY COMPONENT (2023-2030) 5.1. Introduction 5.2. Legal Analytics Market, by Solution 5.2.1. Solution Market Overview 5.2.2. Solution Market Size & Forecast 5.3. Legal Analytics Market, by Services 5.3.1. Services Market Overview 5.3.2. Services Market Size & Forecast 6. GLOBAL LEGAL ANALYTICS MARKET, BY ANALYTICS TYPE (2023-2030) 6.1. Introduction 6.2. Legal Analytics Market, by Prescriptive Analytics 6.2.1. Prescriptive Analytics Market Overview 6.2.2. Prescriptive Analytics Market Size & Forecast 6.3. Legal Analytics Market, by Descriptive Analytics 6.3.1. Descriptive Analytics Market Overview 6.3.2. Descriptive Analytics Market Size & Forecast 6.4. Legal Analytics Market, by Predictive Analytics 6.4.1. Predictive Analytics Market Overview 6.4.2. Predictive Analytics Market Size & Forecast 7. GLOBAL LEGAL ANALYTICS MARKET, BY CASE TYPE (2023-2030) 7.1. Introduction 7.2. Legal Analytics Market, by Commercial Case Management 7.2.1. Commercial Case Management Market Overview 7.2.2. Commercial Case Management Market Size & Forecast 7.3. Legal Analytics Market, by Antitrust Management 7.3.1. Antitrust Management Market Overview 7.3.2. Antitrust Management Market Size & Forecast 7.4. Legal Analytics Market, by Intellectual Property Management 7.4.1. Intellectual Property Management Market Overview 7.4.2. Intellectual Property Management Market Size & Forecast 7.5. Legal Analytics Market, by Others 7.5.1. Others Market Overview 7.5.2. Others Market Size & Forecast 8. GLOBAL LEGAL ANALYTICS MARKET, BY DEPLOYMENT MODEL (2023-2030) 8.1. Introduction 8.2. Legal Analytics Market, by On-Premises 8.2.1. On-Premises Market Overview 8.2.2. On-Premises Market Size & Forecast 8.3. Legal Analytics Market, by On-Demand 8.3.1. On-Demand Market Overview 8.3.2. On-Demand Market Size & Forecast 9. GLOBAL LEGAL ANALYTICS MARKET, BY END USER 9.1. Legal Analytics Market, by Law Firms 9.1.1. Law Firms Market Overview 9.1.2. Law Firms Market Size & Forecast 9.2. Legal Analytics Market, by Corporates 9.2.1. Corporates Market Overview 9.2.2. Corporates Market Size & Forecast 9.3. Legal Analytics Market, by Others 9.3.1. Others Market Overview 9.3.2. Others Market Size & Forecast 10. LEGAL ANALYTICS MARKET, BY GEOGRAPHY (2023-2030) 10.1. North America Legal Analytics Market 10.1.1. North America Legal Analytics Market, by Component 10.1.2. North America Legal Analytics Market, by Analytics Type 10.1.3. North America Legal Analytics Market, by Case Type 10.1.4. North America Legal Analytics Market, by Deployment Model 10.1.5. North America Legal Analytics Market, by End User 10.1.6. North America Legal Analytics Market, by Region 10.1.6.1. U.S. Legal Analytics Market 10.1.6.2. Canada Legal Analytics Market 10.1.6.3. Rest of North America Legal Analytics Market 10.2. Europe Legal Analytics Market 10.2.1. Europe Legal Analytics Market, by Component 10.2.2. Europe Legal Analytics Market, by Analytics Type 10.2.3. Europe Legal Analytics Market, by Case Type 10.2.4. Europe Legal Analytics Market, by Deployment Model 10.2.5. Europe Legal Analytics Market, by End User 10.2.6. Europe Legal Analytics Market, by Region 10.2.6.1. France Legal Analytics Market 10.2.6.2. Germany Legal Analytics Market 10.2.6.3. U.K .Legal Analytics Market 10.2.6.4. Rest of Europe Legal Analytics Market 10.3. Asia Pacific Legal Analytics Market 10.3.1. Asia-Pacific Legal Analytics Market, by Component 10.3.2. Asia-Pacific Legal Analytics Market, by Analytics Type 10.3.3. Asia-Pacific Legal Analytics Market, by Case Type 10.3.4. Asia-Pacific Legal Analytics Market, by Deployment Model 10.3.5. Asia-Pacific Legal Analytics Market, by End User 10.3.6. Asia-Pacific Legal Analytics Market, by Region 10.3.6.1. China Legal Analytics Market 10.3.6.2. Japan Legal Analytics Market 10.3.6.3. India Legal Analytics Market 10.3.6.4. Australia Legal Analytics Market 10.3.6.5. South Korea Legal Analytics Market 10.3.6.6. Rest of Asia Pacific Legal Analytics Market 10.4. Middle East & Africa Legal Analytics Market 10.4.1. Middle East & Africa Legal Analytics Market, by Component 10.4.2. Middle East & Africa Legal Analytics Market, by Analytics Type 10.4.3. Middle East & Africa Legal Analytics Market, by Case Type 10.4.4. Middle East & Africa Legal Analytics Market, by Deployment Model 10.4.5. Middle East & Africa Legal Analytics Market, by End User 10.4.6. Middle East & Africa Legal Analytics Market, by Region 10.4.6.1. South Africa Legal Analytics Market 10.4.6.2. Egypt Legal Analytics Market 10.4.6.3. Nigeria Legal Analytics Market 10.4.6.4. Rest of Middle East & Africa Legal Analytics Market 10.5. Latin America Legal Analytics Market 10.5.1. Latin America Legal Analytics Market, by Component 10.5.2. Latin America Legal Analytics Market, by Analytics Type 10.5.3. Latin America Legal Analytics Market, by Case Type 10.5.4. Latin America Legal Analytics Market, by Deployment Model 10.5.5. Latin America Legal Analytics Market, by End User 10.5.6. Latin America Legal Analytics Market, by Region 10.5.6.1. Brazil Legal Analytics Market 10.5.6.2. Argentina Legal Analytics Market 10.5.6.3. Columbia Legal Analytics Market 10.5.6.4. Mexico Legal Analytics Market 10.5.6.5. Rest of Latin America Legal Analytics Market 11. MARKET SHARE ANALYSIS 11.1. Regional Legal Analytics Market Share Analysis, by Key Players 11.1.1. North America Legal Analytics Market Share Analysis, by Key Players 11.1.2. Europe Legal Analytics Market Share Analysis, by Key Players 11.1.3. APAC Legal Analytics Market Share Analysis, by Key Players 11.1.4. Middle East & Africa Legal Analytics Market Share Analysis, by Key Players 11.1.5. Latin America Legal Analytics Market Share Analysis, by Key Players 11.2. Legal Analytics Market: Key Innovators 11.3. Patent Analysis Year 2017 12. MARKET COMPETITION ANALYSIS 12.1. Market Share/Positioning Analysis 12.2. Key Innovators 12.3. Company Profiles 12.3.1. Wolters Kluwer 12.3.1.1. Overview 12.3.1.2. Products/ End-User 12.3.1.3. Strategy 12.3.1.4. Key Developments 12.3.2. Mindcrest 12.3.2.1. Overview 12.3.2.2. Products/ End-User 12.3.2.3. Strategy 12.3.2.4. Key Developments 12.3.3. Thomson Reuters 12.3.3.1. Overview 12.3.3.2. Products/ End-User 12.3.3.3. Strategy 12.3.3.4. Key Developments 12.3.4. Unitedlex 12.3.4.1. Overview 12.3.4.2. Products/ End-User 12.3.4.3. Strategy 12.3.4.4. Key Developments 12.3.5. Lexisnexis 12.3.5.1. Overview 12.3.5.2. Products/ End-User 12.3.5.3. Strategy 12.3.5.4. Key Developments 12.3.6. Argopoint 12.3.6.1. Overview 12.3.6.2. Products/ End-User 12.3.6.3. Strategy 12.3.6.4. Key Developments 12.3.7. Premonition 12.3.7.1. Overview 12.3.7.2. Products/ End-User 12.3.7.3. Strategy 12.3.7.4. Key Developments 12.3.8. Analytics Consulting LLC 12.3.8.1. Overview 12.3.8.2. Products/ End-User 12.3.8.3. Strategy 12.3.8.4. Key Developments 12.3.9. Cpa Global 12.3.9.1. Overview 12.3.9.2. Products/ End-User 12.3.9.3. Strategy 12.3.9.4. Key Developments 12.3.10. The Bureau of National Affairs (BNA) 12.3.10.1. Overview 12.3.10.2. Products/ End-User 12.3.10.3. Strategy 12.3.10.4. Key Developments 12.3.11. Wipro 12.3.11.1. Overview 12.3.11.2. Products/ End-User 12.3.11.3. Strategy 12.3.11.4. Key Developments 12.3.12. IBM 12.3.12.1. Overview 12.3.12.2. Products/ End-User 12.3.12.3. Strategy 12.3.12.4. Key Developments