Legal AI Software Market 2027 By Component, Technology, Deployment Mode, End User | The Insight Partners

Legal AI Software Market to 2027 - Global Analysis and Forecasts By Component (Solutions, Services); Technology (Machine Learning and Deep Learning, Natural Language Processing); Deployment Mode (Cloud, On Premises); End User (Corporate Legal Departments, Law Firms, Others)

Report Code: TIPRE00006252 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming
MARKET INTRODUCTION

The artificial intelligence helps the legal representative to manage all the related legal function smoothly and efficiently. AI has the capability of analyzing and summarizing data to help it make a future prediction about the legal proceeding far better than the human mind. The legal AI software can make decision-based on proper analysis of data. Artificial Intelligence is a significant factor in shifting the way legal proceedings are done.

MARKET DYNAMICS

Increase in the adoption rate of AI to enhance the customer and client by making a proper decision by Legal AI software market. The growing number of process of taking legal conclusion across the World in the legal industry, demand for automation in legal AI software market by the right company to reduce their time in completing a legal case drive growth for legal AI software market. Lack of awareness among the law firm is the factor hampering the growth for legal AI software market. Growing demand for data-driven decision in Legal AI market drives the growth for legal AL software market.

MARKET SCOPE

The "Global Legal AI software Market Analysis to 2027" is a specialized and in-depth study of the Technology, Media and Telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of Legal AI software market with detailed market segmentation by technology, type and geography. The global Legal AI software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Legal AI software market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global Legal AI software market is segmented on the basis of Component, Technology, Deployment Mode and End User. Based on Component, the market is segmented into Solutions and Services. On the basis of the Technology the market is segmented into Machine Learning and Deep Learning and Natural Language Processing. On the basis of the Deployment Mode the market is segmented Cloud and On-Premises. On the basis of the End User the market is segmented into Corporate Legal Departments, Law Firms and Others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Legal AI software market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Service Analytics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Legal AI software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Legal AI software market in these regions.

MARKET PLAYERS

The reports cover key developments in the Legal AI software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Legal AI software market are anticipated to lucrative growth opportunities in the future with the rising demand for Legal AI software market in the global market. Below mentioned is the list of few companies engaged in the Legal AI software market.

The report also includes the profiles of key Legal AI software market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- IBM Corporation
- Casetext, Inc.
- Everlaw
- Klarity
- LegalSifter, Inc.
- Lexisnexis
- Luminance Technologies Ltd.
- Nalanda Technology
- Neota Logic
- OMNISoftware

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Legal AI Software Market - By Component
1.3.2 Legal AI Software Market - By Technology
1.3.3 Legal AI Software Market - By Deployment Mode
1.3.4 Legal AI Software Market - By End User
1.3.5 Legal AI Software Market - By Region
1.3.5.1 By Country

2. KEY TAKEWAYS

3. RESEARCH METHODOLOGY

4. LEGAL AI SOFTWARE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. LEGAL AI SOFTWARE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. LEGAL AI SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1. LEGAL AI SOFTWARE - GLOBAL MARKET OVERVIEW
6.2. LEGAL AI SOFTWARE - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. LEGAL AI SOFTWARE MARKET - REVENUE AND FORECASTS TO 2027 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOLUTIONS
7.3.1. Overview
7.3.2. Solutions Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. LEGAL AI SOFTWARE MARKET - REVENUE AND FORECASTS TO 2027 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. MACHINE LEARNING AND DEEP LEARNING
8.3.1. Overview
8.3.2. Machine Learning and Deep Learning Market Forecast and Analysis
8.4. NATURAL LANGUAGE PROCESSING
8.4.1. Overview
8.4.2. Natural Language Processing Market Forecast and Analysis
9. LEGAL AI SOFTWARE MARKET - REVENUE AND FORECASTS TO 2027 - DEPLOYMENT MODE
9.1. OVERVIEW
9.2. DEPLOYMENT MODE MARKET FORECASTS AND ANALYSIS
9.3. CLOUD
9.3.1. Overview
9.3.2. Cloud Market Forecast and Analysis
9.4. ON PREMISES
9.4.1. Overview
9.4.2. On Premises Market Forecast and Analysis
10. LEGAL AI SOFTWARE MARKET - REVENUE AND FORECASTS TO 2027 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. CORPORATE LEGAL DEPARTMENTS
10.3.1. Overview
10.3.2. Corporate Legal Departments Market Forecast and Analysis
10.4. LAW FIRMS
10.4.1. Overview
10.4.2. Law Firms Market Forecast and Analysis
10.5. OTHERS
10.5.1. Overview
10.5.2. Others Market Forecast and Analysis

11. LEGAL AI SOFTWARE MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Legal AI Software Market Overview
11.1.2 North America Legal AI Software Market Forecasts and Analysis
11.1.3 North America Legal AI Software Market Forecasts and Analysis - By Component
11.1.4 North America Legal AI Software Market Forecasts and Analysis - By Technology
11.1.5 North America Legal AI Software Market Forecasts and Analysis - By Deployment Mode
11.1.6 North America Legal AI Software Market Forecasts and Analysis - By End User
11.1.7 North America Legal AI Software Market Forecasts and Analysis - By Countries
11.1.7.1 United States Legal AI Software Market
11.1.7.1.1 United States Legal AI Software Market by Component
11.1.7.1.2 United States Legal AI Software Market by Technology
11.1.7.1.3 United States Legal AI Software Market by Deployment Mode
11.1.7.1.4 United States Legal AI Software Market by End User
11.1.7.2 Canada Legal AI Software Market
11.1.7.2.1 Canada Legal AI Software Market by Component
11.1.7.2.2 Canada Legal AI Software Market by Technology
11.1.7.2.3 Canada Legal AI Software Market by Deployment Mode
11.1.7.2.4 Canada Legal AI Software Market by End User
11.1.7.3 Mexico Legal AI Software Market
11.1.7.3.1 Mexico Legal AI Software Market by Component
11.1.7.3.2 Mexico Legal AI Software Market by Technology
11.1.7.3.3 Mexico Legal AI Software Market by Deployment Mode
11.1.7.3.4 Mexico Legal AI Software Market by End User
11.2. EUROPE
11.2.1 Europe Legal AI Software Market Overview
11.2.2 Europe Legal AI Software Market Forecasts and Analysis
11.2.3 Europe Legal AI Software Market Forecasts and Analysis - By Component
11.2.4 Europe Legal AI Software Market Forecasts and Analysis - By Technology
11.2.5 Europe Legal AI Software Market Forecasts and Analysis - By Deployment Mode
11.2.6 Europe Legal AI Software Market Forecasts and Analysis - By End User
11.2.7 Europe Legal AI Software Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Legal AI Software Market
11.2.7.1.1 Germany Legal AI Software Market by Component
11.2.7.1.2 Germany Legal AI Software Market by Technology
11.2.7.1.3 Germany Legal AI Software Market by Deployment Mode
11.2.7.1.4 Germany Legal AI Software Market by End User
11.2.7.2 France Legal AI Software Market
11.2.7.2.1 France Legal AI Software Market by Component
11.2.7.2.2 France Legal AI Software Market by Technology
11.2.7.2.3 France Legal AI Software Market by Deployment Mode
11.2.7.2.4 France Legal AI Software Market by End User
11.2.7.3 Italy Legal AI Software Market
11.2.7.3.1 Italy Legal AI Software Market by Component
11.2.7.3.2 Italy Legal AI Software Market by Technology
11.2.7.3.3 Italy Legal AI Software Market by Deployment Mode
11.2.7.3.4 Italy Legal AI Software Market by End User
11.2.7.4 United Kingdom Legal AI Software Market
11.2.7.4.1 United Kingdom Legal AI Software Market by Component
11.2.7.4.2 United Kingdom Legal AI Software Market by Technology
11.2.7.4.3 United Kingdom Legal AI Software Market by Deployment Mode
11.2.7.4.4 United Kingdom Legal AI Software Market by End User
11.2.7.5 Russia Legal AI Software Market
11.2.7.5.1 Russia Legal AI Software Market by Component
11.2.7.5.2 Russia Legal AI Software Market by Technology
11.2.7.5.3 Russia Legal AI Software Market by Deployment Mode
11.2.7.5.4 Russia Legal AI Software Market by End User
11.2.7.6 Rest of Europe Legal AI Software Market
11.2.7.6.1 Rest of Europe Legal AI Software Market by Component
11.2.7.6.2 Rest of Europe Legal AI Software Market by Technology
11.2.7.6.3 Rest of Europe Legal AI Software Market by Deployment Mode
11.2.7.6.4 Rest of Europe Legal AI Software Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Legal AI Software Market Overview
11.3.2 Asia-Pacific Legal AI Software Market Forecasts and Analysis
11.3.3 Asia-Pacific Legal AI Software Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific Legal AI Software Market Forecasts and Analysis - By Technology
11.3.5 Asia-Pacific Legal AI Software Market Forecasts and Analysis - By Deployment Mode
11.3.6 Asia-Pacific Legal AI Software Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific Legal AI Software Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Legal AI Software Market
11.3.7.1.1 Australia Legal AI Software Market by Component
11.3.7.1.2 Australia Legal AI Software Market by Technology
11.3.7.1.3 Australia Legal AI Software Market by Deployment Mode
11.3.7.1.4 Australia Legal AI Software Market by End User
11.3.7.2 China Legal AI Software Market
11.3.7.2.1 China Legal AI Software Market by Component
11.3.7.2.2 China Legal AI Software Market by Technology
11.3.7.2.3 China Legal AI Software Market by Deployment Mode
11.3.7.2.4 China Legal AI Software Market by End User
11.3.7.3 India Legal AI Software Market
11.3.7.3.1 India Legal AI Software Market by Component
11.3.7.3.2 India Legal AI Software Market by Technology
11.3.7.3.3 India Legal AI Software Market by Deployment Mode
11.3.7.3.4 India Legal AI Software Market by End User
11.3.7.4 Japan Legal AI Software Market
11.3.7.4.1 Japan Legal AI Software Market by Component
11.3.7.4.2 Japan Legal AI Software Market by Technology
11.3.7.4.3 Japan Legal AI Software Market by Deployment Mode
11.3.7.4.4 Japan Legal AI Software Market by End User
11.3.7.5 South Korea Legal AI Software Market
11.3.7.5.1 South Korea Legal AI Software Market by Component
11.3.7.5.2 South Korea Legal AI Software Market by Technology
11.3.7.5.3 South Korea Legal AI Software Market by Deployment Mode
11.3.7.5.4 South Korea Legal AI Software Market by End User
11.3.7.6 Rest of Asia-Pacific Legal AI Software Market
11.3.7.6.1 Rest of Asia-Pacific Legal AI Software Market by Component
11.3.7.6.2 Rest of Asia-Pacific Legal AI Software Market by Technology
11.3.7.6.3 Rest of Asia-Pacific Legal AI Software Market by Deployment Mode
11.3.7.6.4 Rest of Asia-Pacific Legal AI Software Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Legal AI Software Market Overview
11.4.2 Middle East and Africa Legal AI Software Market Forecasts and Analysis
11.4.3 Middle East and Africa Legal AI Software Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa Legal AI Software Market Forecasts and Analysis - By Technology
11.4.5 Middle East and Africa Legal AI Software Market Forecasts and Analysis - By Deployment Mode
11.4.6 Middle East and Africa Legal AI Software Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa Legal AI Software Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Legal AI Software Market
11.4.7.1.1 South Africa Legal AI Software Market by Component
11.4.7.1.2 South Africa Legal AI Software Market by Technology
11.4.7.1.3 South Africa Legal AI Software Market by Deployment Mode
11.4.7.1.4 South Africa Legal AI Software Market by End User
11.4.7.2 Saudi Arabia Legal AI Software Market
11.4.7.2.1 Saudi Arabia Legal AI Software Market by Component
11.4.7.2.2 Saudi Arabia Legal AI Software Market by Technology
11.4.7.2.3 Saudi Arabia Legal AI Software Market by Deployment Mode
11.4.7.2.4 Saudi Arabia Legal AI Software Market by End User
11.4.7.3 U.A.E Legal AI Software Market
11.4.7.3.1 U.A.E Legal AI Software Market by Component
11.4.7.3.2 U.A.E Legal AI Software Market by Technology
11.4.7.3.3 U.A.E Legal AI Software Market by Deployment Mode
11.4.7.3.4 U.A.E Legal AI Software Market by End User
11.4.7.4 Rest of Middle East and Africa Legal AI Software Market
11.4.7.4.1 Rest of Middle East and Africa Legal AI Software Market by Component
11.4.7.4.2 Rest of Middle East and Africa Legal AI Software Market by Technology
11.4.7.4.3 Rest of Middle East and Africa Legal AI Software Market by Deployment Mode
11.4.7.4.4 Rest of Middle East and Africa Legal AI Software Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Legal AI Software Market Overview
11.5.2 South and Central America Legal AI Software Market Forecasts and Analysis
11.5.3 South and Central America Legal AI Software Market Forecasts and Analysis - By Component
11.5.4 South and Central America Legal AI Software Market Forecasts and Analysis - By Technology
11.5.5 South and Central America Legal AI Software Market Forecasts and Analysis - By Deployment Mode
11.5.6 South and Central America Legal AI Software Market Forecasts and Analysis - By End User
11.5.7 South and Central America Legal AI Software Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Legal AI Software Market
11.5.7.1.1 Brazil Legal AI Software Market by Component
11.5.7.1.2 Brazil Legal AI Software Market by Technology
11.5.7.1.3 Brazil Legal AI Software Market by Deployment Mode
11.5.7.1.4 Brazil Legal AI Software Market by End User
11.5.7.2 Rest of South and Central America Legal AI Software Market
11.5.7.2.1 Rest of South and Central America Legal AI Software Market by Component
11.5.7.2.2 Rest of South and Central America Legal AI Software Market by Technology
11.5.7.2.3 Rest of South and Central America Legal AI Software Market by Deployment Mode
11.5.7.2.4 Rest of South and Central America Legal AI Software Market by End User

12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

13. LEGAL AI SOFTWARE MARKET, KEY COMPANY PROFILES
13.1. IBM CORPORATION
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. CASETEXT INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. EVERLAW
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. KLARITY
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. LEGALSIFTER INC.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. LEXISNEXIS
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. LUMINANCE TECHNOLOGIES LTD.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. NALANDA TECHNOLOGY
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. NEOTA LOGIC
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. OMNISOFWARE
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments

14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies

1. IBM Corporation
2. Casetext Inc.
3. Everlaw
4. Klarity
5. LegalSifter Inc.
6. Lexisnexis
7. Luminance Technologies Ltd.
8. Nalanda Technology
9. Neota Logic
10. OMNISofware