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Legal Technology Market Size

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Report ID: 6215
Published Date: Nov 15, 2024
Report Format: PDF, PPT

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Legal Technology Market Size

Legal Technology Market size was over USD 29.18 billion in 2024 and is anticipated to cross USD 96.08 billion by 2037, growing at more than 9.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of legal technology is estimated at USD 31.42 billion.

The primary growth driver for the market is the precision provided by legal technology to law practitioners for delivering better results. Additionally, it incorporates tools such as AI, which is reportedly about to add a value of nearly USD 15.7 trillion to the world economy by 2030.

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Browse Key Market Insights with Data Illustration:

Legal Technology Market Size & Share | Growth Trends 2037

Author Credits: Abhishek Verma

Report ID: 6215
Published Date: Nov 15, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of legal technology is estimated at USD 31.42 billion.

The legal technology market size was over USD 29.18 billion in 2024 and is anticipated to cross USD 96.08 billion by 2037, growing at more than 9.6% CAGR during the forecast period i.e., between 2025-2037. The market growth is due to precision provided by legal technology to law practitioners for delivering better results.

Asia Pacific industry is expected to dominate majority revenue share of 40% by 2037, influenced by expansion of AI technology in the region.

The major players in the market are Icertis, Inc., TimeSolv Corporation, Filevine, Inc. Docusign, Inc., Everlaw Inc., ProfitSolv, LLC. and others.

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