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LegalTech Artificial Intelligence Market - Global Outlook and Forecast 2022-2028

LegalTech Artificial Intelligence Market - Global Outlook and Forecast 2022-2028

  • Published on : 15 July 2022
  • Pages :101
  • Report Code:SMR-7208515

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Report overview

Legal technology, also known as Legal Tech, refers to the use of technology and software to provide legal services. Legal Tech companies are generally startups founded with the purpose of disrupting the traditionally conservative legal market. LegalTech Artificial Intelligence is the application of AI in Legal Tech area.
This report contains market size and forecasts of LegalTech Artificial Intelligence in Global, including the following market information:
Global LegalTech Artificial Intelligence Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global LegalTech Artificial Intelligence market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Lawyers Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LegalTech Artificial Intelligence include Blue J Legal, Casetext Inc., Catalyst Repository Systems, eBREVIA, Everlaw, FiscalNote, Judicata, Justia and Knomos Knowledge Management Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the LegalTech Artificial Intelligence companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LegalTech Artificial Intelligence Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global LegalTech Artificial Intelligence Market Segment Percentages, by Type, 2021 (%)
Lawyers
Clients
Global LegalTech Artificial Intelligence Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global LegalTech Artificial Intelligence Market Segment Percentages, by Application, 2021 (%)
Document Management System
Practice and Case Management
Contract Management
IP-Management
Legal Research
Legal Analytics
Cyber Security
Predictive Technology
Compliance
Global LegalTech Artificial Intelligence Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global LegalTech Artificial Intelligence Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LegalTech Artificial Intelligence revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies LegalTech Artificial Intelligence revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Blue J Legal
Casetext Inc.
Catalyst Repository Systems
eBREVIA
Everlaw
FiscalNote
Judicata
Justia
Knomos Knowledge Management Inc.
Lawgeex
Legal Robot Inc.
LEVERTON
LexMachina
Loom Analytics
Luminance Technologies Ltd.
Ravel Law