Global LegalTech Artificial Intelligence Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI03246507

Publication Date:

March 25, 2024

Pages:

136

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global LegalTech Artificial Intelligence market size was valued at US$ million in 2023. With growing demand in downstream market, the LegalTech Artificial Intelligence is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global LegalTech Artificial Intelligence market. LegalTech Artificial Intelligence are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of LegalTech Artificial Intelligence. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the LegalTech Artificial Intelligence market.
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.
As an important force driving a new round of scientific and technological revolution, artificial intelligence has been of national strategic importance. Many governments introduces polices and increase capital investment to support AI companies. The Digital Europe plan adopted by the European Union will allocate 鈧�9.2 billion on high-tech investments, such as supercomputing, artificial intelligence, and network security. In order to maintain its leading position, the United States will increase its investment in artificial intelligence research and development in non-defense fields, from US$1.6 billion to US$1.7 billion in 2022. According to the latest data released by IDC, global artificial intelligence revenue was US$432.8 billion in 2022, a year-on-year increase of 19.39%, including software, hardware and services.
Key Features:
The report on LegalTech Artificial Intelligence market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the LegalTech Artificial Intelligence market. It may include historical data, market segmentation by Type (e.g., Lawyers, Clients), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the LegalTech Artificial Intelligence market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the LegalTech Artificial Intelligence market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the LegalTech Artificial Intelligence industry. This include advancements in LegalTech Artificial Intelligence technology, LegalTech Artificial Intelligence new entrants, LegalTech Artificial Intelligence new investment, and other innovations that are shaping the future of LegalTech Artificial Intelligence.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the LegalTech Artificial Intelligence market. It includes factors influencing customer ' purchasing decisions, preferences for LegalTech Artificial Intelligence product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the LegalTech Artificial Intelligence market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting LegalTech Artificial Intelligence market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the LegalTech Artificial Intelligence market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the LegalTech Artificial Intelligence industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the LegalTech Artificial Intelligence market.
Market Segmentation:
LegalTech Artificial Intelligence market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Lawyers
Clients
Segmentation by application
Document Management System
Practice and Case Management
Contract Management
IP-Management
Legal Research
Legal Analytics
Cyber Security
Predictive Technology
Compliance
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global LegalTech Artificial Intelligence Market Size 2019-2030
2.1.2 LegalTech Artificial Intelligence Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 LegalTech Artificial Intelligence Segment by Type
2.2.1 Lawyers
2.2.2 Clients
2.3 LegalTech Artificial Intelligence Market Size by Type
2.3.1 LegalTech Artificial Intelligence Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global LegalTech Artificial Intelligence Market Size Market Share by Type (2019-2024)
2.4 LegalTech Artificial Intelligence Segment by Application
2.4.1 Document Management System
2.4.2 Practice and Case Management
2.4.3 Contract Management
2.4.4 IP-Management
2.4.5 Legal Research
2.4.6 Legal Analytics
2.4.7 Cyber Security
2.4.8 Predictive Technology
2.4.9 Compliance
2.5 LegalTech Artificial Intelligence Market Size by Application
2.5.1 LegalTech Artificial Intelligence Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global LegalTech Artificial Intelligence Market Size Market Share by Application (2019-2024)
3 LegalTech Artificial Intelligence Market Size by Player
3.1 LegalTech Artificial Intelligence Market Size Market Share by Players
3.1.1 Global LegalTech Artificial Intelligence Revenue by Players (2019-2024)
3.1.2 Global LegalTech Artificial Intelligence Revenue Market Share by Players (2019-2024)
3.2 Global LegalTech Artificial Intelligence Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 LegalTech Artificial Intelligence by Regions
4.1 LegalTech Artificial Intelligence Market Size by Regions (2019-2024)
4.2 Americas LegalTech Artificial Intelligence Market Size Growth (2019-2024)
4.3 APAC LegalTech Artificial Intelligence Market Size Growth (2019-2024)
4.4 Europe LegalTech Artificial Intelligence Market Size Growth (2019-2024)
4.5 Middle East & Africa LegalTech Artificial Intelligence Market Size Growth (2019-2024)
5 Americas
5.1 Americas LegalTech Artificial Intelligence Market Size by Country (2019-2024)
5.2 Americas LegalTech Artificial Intelligence Market Size by Type (2019-2024)
5.3 Americas LegalTech Artificial Intelligence Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC LegalTech Artificial Intelligence Market Size by Region (2019-2024)
6.2 APAC LegalTech Artificial Intelligence Market Size by Type (2019-2024)
6.3 APAC LegalTech Artificial Intelligence Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe LegalTech Artificial Intelligence by Country (2019-2024)
7.2 Europe LegalTech Artificial Intelligence Market Size by Type (2019-2024)
7.3 Europe LegalTech Artificial Intelligence Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa LegalTech Artificial Intelligence by Region (2019-2024)
8.2 Middle East & Africa LegalTech Artificial Intelligence Market Size by Type (2019-2024)
8.3 Middle East & Africa LegalTech Artificial Intelligence Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global LegalTech Artificial Intelligence Market Forecast
10.1 Global LegalTech Artificial Intelligence Forecast by Regions (2025-2030)
10.1.1 Global LegalTech Artificial Intelligence Forecast by Regions (2025-2030)
10.1.2 Americas LegalTech Artificial Intelligence Forecast
10.1.3 APAC LegalTech Artificial Intelligence Forecast
10.1.4 Europe LegalTech Artificial Intelligence Forecast
10.1.5 Middle East & Africa LegalTech Artificial Intelligence Forecast
10.2 Americas LegalTech Artificial Intelligence Forecast by Country (2025-2030)
10.2.1 United States LegalTech Artificial Intelligence Market Forecast
10.2.2 Canada LegalTech Artificial Intelligence Market Forecast
10.2.3 Mexico LegalTech Artificial Intelligence Market Forecast
10.2.4 Brazil LegalTech Artificial Intelligence Market Forecast
10.3 APAC LegalTech Artificial Intelligence Forecast by Region (2025-2030)
10.3.1 China LegalTech Artificial Intelligence Market Forecast
10.3.2 Japan LegalTech Artificial Intelligence Market Forecast
10.3.3 Korea LegalTech Artificial Intelligence Market Forecast
10.3.4 Southeast Asia LegalTech Artificial Intelligence Market Forecast
10.3.5 India LegalTech Artificial Intelligence Market Forecast
10.3.6 Australia LegalTech Artificial Intelligence Market Forecast
10.4 Europe LegalTech Artificial Intelligence Forecast by Country (2025-2030)
10.4.1 Germany LegalTech Artificial Intelligence Market Forecast
10.4.2 France LegalTech Artificial Intelligence Market Forecast
10.4.3 UK LegalTech Artificial Intelligence Market Forecast
10.4.4 Italy LegalTech Artificial Intelligence Market Forecast
10.4.5 Russia LegalTech Artificial Intelligence Market Forecast
10.5 Middle East & Africa LegalTech Artificial Intelligence Forecast by Region (2025-2030)
10.5.1 Egypt LegalTech Artificial Intelligence Market Forecast
10.5.2 South Africa LegalTech Artificial Intelligence Market Forecast
10.5.3 Israel LegalTech Artificial Intelligence Market Forecast
10.5.4 Turkey LegalTech Artificial Intelligence Market Forecast
10.5.5 GCC Countries LegalTech Artificial Intelligence Market Forecast
10.6 Global LegalTech Artificial Intelligence Forecast by Type (2025-2030)
10.7 Global LegalTech Artificial Intelligence Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Blue J Legal
11.1.1 Blue J Legal Company Information
11.1.2 Blue J Legal LegalTech Artificial Intelligence Product Offered
11.1.3 Blue J Legal LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Blue J Legal Main Business Overview
11.1.5 Blue J Legal Latest Developments
11.2 Casetext Inc.
11.2.1 Casetext Inc. Company Information
11.2.2 Casetext Inc. LegalTech Artificial Intelligence Product Offered
11.2.3 Casetext Inc. LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Casetext Inc. Main Business Overview
11.2.5 Casetext Inc. Latest Developments
11.3 Catalyst Repository Systems
11.3.1 Catalyst Repository Systems Company Information
11.3.2 Catalyst Repository Systems LegalTech Artificial Intelligence Product Offered
11.3.3 Catalyst Repository Systems LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Catalyst Repository Systems Main Business Overview
11.3.5 Catalyst Repository Systems Latest Developments
11.4 eBREVIA
11.4.1 eBREVIA Company Information
11.4.2 eBREVIA LegalTech Artificial Intelligence Product Offered
11.4.3 eBREVIA LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 eBREVIA Main Business Overview
11.4.5 eBREVIA Latest Developments
11.5 Everlaw
11.5.1 Everlaw Company Information
11.5.2 Everlaw LegalTech Artificial Intelligence Product Offered
11.5.3 Everlaw LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Everlaw Main Business Overview
11.5.5 Everlaw Latest Developments
11.6 FiscalNote
11.6.1 FiscalNote Company Information
11.6.2 FiscalNote LegalTech Artificial Intelligence Product Offered
11.6.3 FiscalNote LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 FiscalNote Main Business Overview
11.6.5 FiscalNote Latest Developments
11.7 Judicata
11.7.1 Judicata Company Information
11.7.2 Judicata LegalTech Artificial Intelligence Product Offered
11.7.3 Judicata LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Judicata Main Business Overview
11.7.5 Judicata Latest Developments
11.8 Justia
11.8.1 Justia Company Information
11.8.2 Justia LegalTech Artificial Intelligence Product Offered
11.8.3 Justia LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Justia Main Business Overview
11.8.5 Justia Latest Developments
11.9 Knomos Knowledge Management Inc.
11.9.1 Knomos Knowledge Management Inc. Company Information
11.9.2 Knomos Knowledge Management Inc. LegalTech Artificial Intelligence Product Offered
11.9.3 Knomos Knowledge Management Inc. LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Knomos Knowledge Management Inc. Main Business Overview
11.9.5 Knomos Knowledge Management Inc. Latest Developments
11.10 Lawgeex
11.10.1 Lawgeex Company Information
11.10.2 Lawgeex LegalTech Artificial Intelligence Product Offered
11.10.3 Lawgeex LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Lawgeex Main Business Overview
11.10.5 Lawgeex Latest Developments
11.11 Legal Robot Inc.
11.11.1 Legal Robot Inc. Company Information
11.11.2 Legal Robot Inc. LegalTech Artificial Intelligence Product Offered
11.11.3 Legal Robot Inc. LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Legal Robot Inc. Main Business Overview
11.11.5 Legal Robot Inc. Latest Developments
11.12 LEVERTON
11.12.1 LEVERTON Company Information
11.12.2 LEVERTON LegalTech Artificial Intelligence Product Offered
11.12.3 LEVERTON LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 LEVERTON Main Business Overview
11.12.5 LEVERTON Latest Developments
11.13 LexMachina
11.13.1 LexMachina Company Information
11.13.2 LexMachina LegalTech Artificial Intelligence Product Offered
11.13.3 LexMachina LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 LexMachina Main Business Overview
11.13.5 LexMachina Latest Developments
11.14 Loom Analytics
11.14.1 Loom Analytics Company Information
11.14.2 Loom Analytics LegalTech Artificial Intelligence Product Offered
11.14.3 Loom Analytics LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Loom Analytics Main Business Overview
11.14.5 Loom Analytics Latest Developments
11.15 Luminance Technologies Ltd.
11.15.1 Luminance Technologies Ltd. Company Information
11.15.2 Luminance Technologies Ltd. LegalTech Artificial Intelligence Product Offered
11.15.3 Luminance Technologies Ltd. LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Luminance Technologies Ltd. Main Business Overview
11.15.5 Luminance Technologies Ltd. Latest Developments
11.16 Ravel Law
11.16.1 Ravel Law Company Information
11.16.2 Ravel Law LegalTech Artificial Intelligence Product Offered
11.16.3 Ravel Law LegalTech Artificial Intelligence Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Ravel Law Main Business Overview
11.16.5 Ravel Law Latest Developments
12 Research Findings and Conclusion

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