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Legal Technology Market Size

  • Report ID: 6215
  • Published Date: Jun 19, 2024
  • Report Format: PDF, PPT

Legal Technology Market Size

Legal Technology Market size was over USD 24.2 Billion in 2023 and is set to cross USD 54.4 Billion by the end of 2036, growing at more than 9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of legal technology is evaluated at USD 26 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.

Legal Technology Market
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Author Credits:  Abhishek Verma


  • Report ID: 6215
  • Published Date: Jun 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of legal technology was over USD 24.2 billion.

The market size for legal technology is projected to cross USD 54.4 billion by the end of 2036 expanding at a CAGR of 9% during the forecast period i.e., between 2024-2036.

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

In terms of solutions, the software segment is anticipated to account for the largest market share of 70% during 2024-2036.

The Asia Pacific legal technology sector is poised to hold the highest share of 40% by 2036.
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