Tele-Law System Market size was valued at USD 47.38 billion in 2023 and is set to cross USD 214.06 billion by 2036, registering more than 12.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of tele-law system is evaluated at USD 52.04 billion. The growth of the market can be attributed to the growing digitalization of legal sector, with the introduction of e-courts, virtual hearing, and tele-law system. Tele-law system can be understood as a video conferencing system where lawyers provide legal services, such as online adjudication of cases, to the consumers. The growing burden of pending legal cases on courts worldwide, is anticipated to drive the market growth.
Additionally, video conferencing is gaining massive popularity, especially after the coronavirus pandemic, owing to the advantageous features including decreased travel costs, and availability of statistics and analytical tools. Moreover, the growing penetration of internet across the globe, and rising number of people accessing smart phones and laptops, is anticipated to boost the market growth. Such factors are estimated to boost the tele-law system market growth. According to the data by the World Bank, in 2019, 56.727% of the total global population has access to internet.
Author Credits: Abhishek Verma
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