Legal AI Software Market - Global Outlook and Forecast 2023-2028

Report ID: 1369216 | Published Date: Jan 2025 | No. of Page: 117 | Base Year: 2024 | Rating: 3.9 | Webstory: Check our Web story

This report contains market size and forecasts of Legal AI Software in Global, including the following market information:
Global Legal AI Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Legal AI Software market was valued at 546.7 million in 2021 and is projected to reach US$ 2433.9 million by 2028, at a CAGR of 23.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cloud Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Legal AI Software include IBM, Ross Intelligence, Thomson Reuters, Veritone, iManage, Luminance, LexisNexis, Neota Logic and Everlaw, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Legal AI Software 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 Legal AI Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Legal AI Software Market Segment Percentages, by Type, 2021 (%)
Cloud
On Premises
Global Legal AI Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Legal AI Software Market Segment Percentages, by Application, 2021 (%)
Corporate Legal Departments
Law Firms
Others
Global Legal AI Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Legal AI Software 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 Legal AI Software revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Legal AI Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Ross Intelligence
Thomson Reuters
Veritone
iManage
Luminance
LexisNexis
Neota Logic
Everlaw
Legalsifter
Pensieve
Cognitiv+
Casetext
Klarity
Omni Software Systems
Nalanda Technology
Lawgeex
Kira
Ey Riverview Law
Opentext
Rradar

Frequently Asked Questions
Legal AI Software Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Legal AI Software Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Legal AI Software Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

Related Reports

Splicing Tape Market

Splicing tapes are used to join two materials to increase the length or provide continuity of a s ... Read More