Legal Analytics Market 2027 by Types, Application, Technology, Opportunities, End Users and Regions | The Insight Partners

Legal Analytics Market to 2027 - Global Analysis and Forecasts by Component (Solution, Services); Deployment Model (On-Demand, On-Premises); End-use Industry (Law Firms, Corporates, Others) and Geography

Report Code: TIPRE00005452 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming
MARKET INTRODUCTION
The legal analytics is the process of management of data related to the in-house legal aspects and decision making. The technology helps the law industry in managing laborious tasks with enhanced speed and accuracy. Legal analytics involves data mining, which is further used to provide insights of judges, lawyers, organizations such as courts law firm and parties involved. This is done by automated process development, billing optimization, financial operations, and resource management.

MARKET DYNAMICS
The legal analytics market is anticipated to grow in the forecast period owing to the rising adoption of automated legal analytics by firms and organizations for data-driven decision making. Moreover, increase in productivity and revenues of law firms further propel the growth of the legal analytics market. However, associated security and privacy risks coupled with a lack of awareness among litigators and law schools restrain the growth of the legal analytics market. On the other hand, demand across different industry verticals is likely to open growth opportunities for the market players during the forecast period.

MARKET SCOPE
The "Global Legal Analytics Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of legal analytics market with detailed market segmentation by component, deployment model, end-use industry, and geography. The global legal analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading legal analytics market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The global legal analytics market is segmented on the basis of component, deployment model, and end-use industry. Based on component, the market is segmented as solution and services. On the basis of the deployment model, the market is segmented as on demand and on-premises. The market on the basis of the end-use industry, is classified as law firms, corporates, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global legal analytics market based on various segments. It also provides market size and forecast estimates from the 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 legal analytics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting legal analytics market from both demand and supply side and further evaluates market dynamics affecting 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 affecting the legal analytics market in these regions.

MARKET PLAYERS
The reports cover key developments in the legal analytics 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 the way for the expansion of business and customer base of market players. The market payers from legal analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for legal analytics in the global market. Below mentioned is the list of few companies engaged in the legal analytics market.

The report also includes the profiles of key legal analytics 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 the last three years, key developments in the past five years.
  • Analytics Consulting LLC
  • Argopoint LLC
  • Bloomberg BNA
  • CPA Global
  • LexisNexis
  • Mindcrest, Inc.
  • Premonition LLC
  • Thomson Reuters Corporation (The Woodbridge Company)
  • UnitedLex
  • Wolters Kluwer
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 Analytics Market - By Component
1.3.2   Legal Analytics Market - By Deployment Model
1.3.3   Legal Analytics Market - By End-use Industry
1.3.4   Legal Analytics Market - By Region
1.3.4.1   By Country

2.   KEY TAKEAWAYS

3.   RESEARCH METHODOLOGY

4.   LEGAL ANALYTICS 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 ANALYTICS 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 ANALYTICS MARKET - GLOBAL MARKET ANALYSIS
6.1.   LEGAL ANALYTICS - GLOBAL MARKET OVERVIEW
6.2.   LEGAL ANALYTICS - GLOBAL MARKET AND FORECAST TO 2027
6.3.   MARKET POSITIONING/MARKET SHARE

7.   LEGAL ANALYTICS MARKET - REVENUE AND FORECASTS TO 2027 - COMPONENT
7.1.   OVERVIEW
7.2.   COMPONENT MARKET FORECASTS AND ANALYSIS
7.3.   SOLUTION
7.3.1.   Overview
7.3.2.   Solution Market Forecast and Analysis
7.4.   SERVICES
7.4.1.   Overview
7.4.2.   Services Market Forecast and Analysis
8.   LEGAL ANALYTICS MARKET - REVENUE AND FORECASTS TO 2027 - DEPLOYMENT MODEL
8.1.   OVERVIEW
8.2.   DEPLOYMENT MODEL MARKET FORECASTS AND ANALYSIS
8.3.   ON-DEMAND
8.3.1.   Overview
8.3.2.   On-Demand Market Forecast and Analysis
8.4.   ON-PREMISES
8.4.1.   Overview
8.4.2.   On-Premises Market Forecast and Analysis
9.   LEGAL ANALYTICS MARKET - REVENUE AND FORECASTS TO 2027 - END-USE INDUSTRY
9.1.   OVERVIEW
9.2.   END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3.   LAW FIRMS
9.3.1.   Overview
9.3.2.   Law Firms Market Forecast and Analysis
9.4.   CORPORATES
9.4.1.   Overview
9.4.2.   Corporates Market Forecast and Analysis
9.5.   OTHERS
9.5.1.   Overview
9.5.2.   Others Market Forecast and Analysis

10.   LEGAL ANALYTICS MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1.   NORTH AMERICA
10.1.1   North America Legal Analytics Market Overview
10.1.2   North America Legal Analytics Market Forecasts and Analysis
10.1.3   North America Legal Analytics Market Forecasts and Analysis - By Component
10.1.4   North America Legal Analytics Market Forecasts and Analysis - By Deployment Model
10.1.5   North America Legal Analytics Market Forecasts and Analysis - By End-use Industry
10.1.6   North America Legal Analytics Market Forecasts and Analysis - By Countries
10.1.6.1   United States Legal Analytics Market
10.1.6.1.1   United States Legal Analytics Market by Component
10.1.6.1.2   United States Legal Analytics Market by Deployment Model
10.1.6.1.3   United States Legal Analytics Market by End-use Industry
10.1.6.2   Canada Legal Analytics Market
10.1.6.2.1   Canada Legal Analytics Market by Component
10.1.6.2.2   Canada Legal Analytics Market by Deployment Model
10.1.6.2.3   Canada Legal Analytics Market by End-use Industry
10.1.6.3   Mexico Legal Analytics Market
10.1.6.3.1   Mexico Legal Analytics Market by Component
10.1.6.3.2   Mexico Legal Analytics Market by Deployment Model
10.1.6.3.3   Mexico Legal Analytics Market by End-use Industry
10.2.   EUROPE
10.2.1   Europe Legal Analytics Market Overview
10.2.2   Europe Legal Analytics Market Forecasts and Analysis
10.2.3   Europe Legal Analytics Market Forecasts and Analysis - By Component
10.2.4   Europe Legal Analytics Market Forecasts and Analysis - By Deployment Model
10.2.5   Europe Legal Analytics Market Forecasts and Analysis - By End-use Industry
10.2.6   Europe Legal Analytics Market Forecasts and Analysis - By Countries
10.2.6.1   Germany Legal Analytics Market
10.2.6.1.1   Germany Legal Analytics Market by Component
10.2.6.1.2   Germany Legal Analytics Market by Deployment Model
10.2.6.1.3   Germany Legal Analytics Market by End-use Industry
10.2.6.2   France Legal Analytics Market
10.2.6.2.1   France Legal Analytics Market by Component
10.2.6.2.2   France Legal Analytics Market by Deployment Model
10.2.6.2.3   France Legal Analytics Market by End-use Industry
10.2.6.3   Italy Legal Analytics Market
10.2.6.3.1   Italy Legal Analytics Market by Component
10.2.6.3.2   Italy Legal Analytics Market by Deployment Model
10.2.6.3.3   Italy Legal Analytics Market by End-use Industry
10.2.6.4   United Kingdom Legal Analytics Market
10.2.6.4.1   United Kingdom Legal Analytics Market by Component
10.2.6.4.2   United Kingdom Legal Analytics Market by Deployment Model
10.2.6.4.3   United Kingdom Legal Analytics Market by End-use Industry
10.2.6.5   Russia Legal Analytics Market
10.2.6.5.1   Russia Legal Analytics Market by Component
10.2.6.5.2   Russia Legal Analytics Market by Deployment Model
10.2.6.5.3   Russia Legal Analytics Market by End-use Industry
10.2.6.6   Rest of Europe Legal Analytics Market
10.2.6.6.1   Rest of Europe Legal Analytics Market by Component
10.2.6.6.2   Rest of Europe Legal Analytics Market by Deployment Model
10.2.6.6.3   Rest of Europe Legal Analytics Market by End-use Industry
10.3.   ASIA-PACIFIC
10.3.1   Asia-Pacific Legal Analytics Market Overview
10.3.2   Asia-Pacific Legal Analytics Market Forecasts and Analysis
10.3.3   Asia-Pacific Legal Analytics Market Forecasts and Analysis - By Component
10.3.4   Asia-Pacific Legal Analytics Market Forecasts and Analysis - By Deployment Model
10.3.5   Asia-Pacific Legal Analytics Market Forecasts and Analysis - By End-use Industry
10.3.6   Asia-Pacific Legal Analytics Market Forecasts and Analysis - By Countries
10.3.6.1   Australia Legal Analytics Market
10.3.6.1.1   Australia Legal Analytics Market by Component
10.3.6.1.2   Australia Legal Analytics Market by Deployment Model
10.3.6.1.3   Australia Legal Analytics Market by End-use Industry
10.3.6.2   China Legal Analytics Market
10.3.6.2.1   China Legal Analytics Market by Component
10.3.6.2.2   China Legal Analytics Market by Deployment Model
10.3.6.2.3   China Legal Analytics Market by End-use Industry
10.3.6.3   India Legal Analytics Market
10.3.6.3.1   India Legal Analytics Market by Component
10.3.6.3.2   India Legal Analytics Market by Deployment Model
10.3.6.3.3   India Legal Analytics Market by End-use Industry
10.3.6.4   Japan Legal Analytics Market
10.3.6.4.1   Japan Legal Analytics Market by Component
10.3.6.4.2   Japan Legal Analytics Market by Deployment Model
10.3.6.4.3   Japan Legal Analytics Market by End-use Industry
10.3.6.5   South Korea Legal Analytics Market
10.3.6.5.1   South Korea Legal Analytics Market by Component
10.3.6.5.2   South Korea Legal Analytics Market by Deployment Model
10.3.6.5.3   South Korea Legal Analytics Market by End-use Industry
10.3.6.6   Rest of Asia-Pacific Legal Analytics Market
10.3.6.6.1   Rest of Asia-Pacific Legal Analytics Market by Component
10.3.6.6.2   Rest of Asia-Pacific Legal Analytics Market by Deployment Model
10.3.6.6.3   Rest of Asia-Pacific Legal Analytics Market by End-use Industry
10.4.   MIDDLE EAST AND AFRICA
10.4.1   Middle East and Africa Legal Analytics Market Overview
10.4.2   Middle East and Africa Legal Analytics Market Forecasts and Analysis
10.4.3   Middle East and Africa Legal Analytics Market Forecasts and Analysis - By Component
10.4.4   Middle East and Africa Legal Analytics Market Forecasts and Analysis - By Deployment Model
10.4.5   Middle East and Africa Legal Analytics Market Forecasts and Analysis - By End-use Industry
10.4.6   Middle East and Africa Legal Analytics Market Forecasts and Analysis - By Countries
10.4.6.1   South Africa Legal Analytics Market
10.4.6.1.1   South Africa Legal Analytics Market by Component
10.4.6.1.2   South Africa Legal Analytics Market by Deployment Model
10.4.6.1.3   South Africa Legal Analytics Market by End-use Industry
10.4.6.2   Saudi Arabia Legal Analytics Market
10.4.6.2.1   Saudi Arabia Legal Analytics Market by Component
10.4.6.2.2   Saudi Arabia Legal Analytics Market by Deployment Model
10.4.6.2.3   Saudi Arabia Legal Analytics Market by End-use Industry
10.4.6.3   U.A.E Legal Analytics Market
10.4.6.3.1   U.A.E Legal Analytics Market by Component
10.4.6.3.2   U.A.E Legal Analytics Market by Deployment Model
10.4.6.3.3   U.A.E Legal Analytics Market by End-use Industry
10.4.6.4   Rest of Middle East and Africa Legal Analytics Market
10.4.6.4.1   Rest of Middle East and Africa Legal Analytics Market by Component
10.4.6.4.2   Rest of Middle East and Africa Legal Analytics Market by Deployment Model
10.4.6.4.3   Rest of Middle East and Africa Legal Analytics Market by End-use Industry
10.5.   SOUTH AND CENTRAL AMERICA
10.5.1   South and Central America Legal Analytics Market Overview
10.5.2   South and Central America Legal Analytics Market Forecasts and Analysis
10.5.3   South and Central America Legal Analytics Market Forecasts and Analysis - By Component
10.5.4   South and Central America Legal Analytics Market Forecasts and Analysis - By Deployment Model
10.5.5   South and Central America Legal Analytics Market Forecasts and Analysis - By End-use Industry
10.5.6   South and Central America Legal Analytics Market Forecasts and Analysis - By Countries
10.5.6.1   Brazil Legal Analytics Market
10.5.6.1.1   Brazil Legal Analytics Market by Component
10.5.6.1.2   Brazil Legal Analytics Market by Deployment Model
10.5.6.1.3   Brazil Legal Analytics Market by End-use Industry
10.5.6.2   Argentina Legal Analytics Market
10.5.6.2.1   Argentina Legal Analytics Market by Component
10.5.6.2.2   Argentina Legal Analytics Market by Deployment Model
10.5.6.2.3   Argentina Legal Analytics Market by End-use Industry
10.5.6.3   Rest of South and Central America Legal Analytics Market
10.5.6.3.1   Rest of South and Central America Legal Analytics Market by Component
10.5.6.3.2   Rest of South and Central America Legal Analytics Market by Deployment Model
10.5.6.3.3   Rest of South and Central America Legal Analytics Market by End-use Industry

11.   INDUSTRY LANDSCAPE
11.1.   MERGERS AND ACQUISITIONS
11.2.   AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.   NEW PRODUCT LAUNCHES
11.4.   EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12.   LEGAL ANALYTICS MARKET, KEY COMPANY PROFILES
12.1.   ANALYTICS CONSULTING LLC
12.1.1.   Key Facts
12.1.2.   Business Description
12.1.3.   Products and Services
12.1.4.   Financial Overview
12.1.5.   SWOT Analysis
12.1.6.   Key Developments
12.2.   ARGOPOINT LLC
12.2.1.   Key Facts
12.2.2.   Business Description
12.2.3.   Products and Services
12.2.4.   Financial Overview
12.2.5.   SWOT Analysis
12.2.6.   Key Developments
12.3.   BLOOMBERG BNA
12.3.1.   Key Facts
12.3.2.   Business Description
12.3.3.   Products and Services
12.3.4.   Financial Overview
12.3.5.   SWOT Analysis
12.3.6.   Key Developments
12.4.   CPA GLOBAL
12.4.1.   Key Facts
12.4.2.   Business Description
12.4.3.   Products and Services
12.4.4.   Financial Overview
12.4.5.   SWOT Analysis
12.4.6.   Key Developments
12.5.   LEXISNEXIS
12.5.1.   Key Facts
12.5.2.   Business Description
12.5.3.   Products and Services
12.5.4.   Financial Overview
12.5.5.   SWOT Analysis
12.5.6.   Key Developments
12.6.   MINDCREST, INC.
12.6.1.   Key Facts
12.6.2.   Business Description
12.6.3.   Products and Services
12.6.4.   Financial Overview
12.6.5.   SWOT Analysis
12.6.6.   Key Developments
12.7.   PREMONITION LLC
12.7.1.   Key Facts
12.7.2.   Business Description
12.7.3.   Products and Services
12.7.4.   Financial Overview
12.7.5.   SWOT Analysis
12.7.6.   Key Developments
12.8.   THOMSON REUTERS CORPORATION (THE WOODBRIDGE COMPANY)
12.8.1.   Key Facts
12.8.2.   Business Description
12.8.3.   Products and Services
12.8.4.   Financial Overview
12.8.5.   SWOT Analysis
12.8.6.   Key Developments
12.9.   UNITEDLEX
12.9.1.   Key Facts
12.9.2.   Business Description
12.9.3.   Products and Services
12.9.4.   Financial Overview
12.9.5.   SWOT Analysis
12.9.6.   Key Developments
12.10.   WOLTERS KLUWER
12.10.1.   Key Facts
12.10.2.   Business Description
12.10.3.   Products and Services
12.10.4.   Financial Overview
12.10.5.   SWOT Analysis
12.10.6.   Key Developments

13.   APPENDIX
13.1.   ABOUT THE INSIGHT PARTNERS
13.2.   GLOSSARY OF TERMS
The List of Companies

1.Analytics Consulting LLC
2.Argopoint LLC
3.Bloomberg BNA
4.CPA Global
5.LexisNexis
6.Mindcrest, Inc.
7.Premonition LLC
8.Thomson Reuters Corporation (The Woodbridge Company)
9.UnitedLex
10.Wolters Kluwer