Legal AI Software Market, Global Outlook and Forecast 2023-2029
This report aims to provide a comprehensive presentation of the global market for Legal AI Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Legal AI Software. This report contains market size and forecasts of Legal AI Software in global, including the following market information:
Global Legal AI Software Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Legal AI Software market was valued at US$ 546.7 million in 2022 and is projected to reach US$ 2433.9 million by 2029, at a CAGR of 23.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Cloud Segment to Reach $ Million by 2029, 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 2022, the global top five players have a share approximately % in terms of revenue.
We 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, 2018-2023, 2024-2029 ($ millions)
Global Legal AI Software Market Segment Percentages, by Type, 2022 (%)
Cloud
On Premises
Global Legal AI Software Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Legal AI Software Market Segment Percentages, by Application, 2022 (%)
Corporate Legal Departments
Law Firms
Others
Global Legal AI Software Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Legal AI Software Market Segment Percentages, By Region and Country, 2022 (%)
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, 2018-2023 (estimated), ($ millions)
Key companies Legal AI Software revenues share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Legal AI Software, market overview.
Chapter 2: Global Legal AI Software market size in revenue.
Chapter 3: Detailed analysis of Legal AI Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Legal AI Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
