New

LegalTech Artificial Intelligence Market

2021

LegalTech Artificial Intelligence Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Software, Services); Application (Legal Analytics, Legal Research, EDiscovery, Contract Management, E-billing); End-User (Law Firms, Corporations, Legal Service Providers) and Geography

| Report Code: TIPRE00023702 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming

Market Insights

LegalTech Artificial Intelligence Market 2028 By Component, Application, End-User and Geography | The Insight Partners

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MARKET INTRODUCTION

LegalTech refers to the use of technology and creativity to reduce the amount of time spent on legal services. Legal Tech is a company that specializes in providing software and technology-enabled services to the legal industry, as well as tech-enabled services to companies and customers. AI is a branch of computer science that is used to build intelligent machines that act similarly to the human brain. Human-like learning, decision-making, preparation, and due diligence are all performed by AI computers. Artificial intelligence (AI) plays a significant role in the legaltech industry. It saves time, improves performance, and lowers the chances of making a mistake. LegalTech companies are technology companies that work in the legal sector. They provide legal professionals, companies, and customers with software and tech-enabled services. Artificial intelligence (AI) is commonly used in LegalTech for a variety of applications. Machine learning and linguistic information processing systems are being used by companies in the legal technology field, and software is being developed to appeal to a variety of applications.

MARKET DYNAMICS

Increased AI adoption rate to benefit customers and clients by proper decision-making by the LegalTech artificial intelligence industry. The demand for automation in the LegalTech Artificial Intelligence market by the right company to minimize their time in completing a legal case, as well as the increasing number of processes in the legal industry around the world, are driving growth for the LegalTech Artificial Intelligence market. The LegalTech Artificial Intelligence market's growth is being hampered by a lack of awareness among law firms. The LegalTech Artificial Intelligence market is growing in response to the growing demand for data-driven decisions in the LegalTech Artificial Intelligence market.

MARKET SCOPE

The "Global LegalTech Artificial Intelligence Market Analysis To 2028" 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 legaltech artificial intelligence market report aims to provide an overview of the legaltech artificial intelligence market with detailed market segmentation by component, application, end-user, and geography. The global legaltech artificial intelligence market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading legaltech artificial intelligence market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global legaltech artificial intelligence market is segmented on the basis of component, application, and end-user. Based on component, the legaltech artificial intelligence market is segmented into: software and services. On the basis of application, the legaltech artificial intelligence market is segmented into: legal analytics, legal research, ediscovery, contract management, and e-billing. Similarly, based on e end-user, the legaltech artificial intelligence market is segmented into: law firms, corporations, and legal service providers.

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 legaltech artificial intelligence market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The legaltech artificial intelligence market by each region is later sub-segmented by respective countries and segments. The legaltech artificial intelligence market 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 the legaltech artificial intelligence 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 highlighting factors affecting the legaltech artificial intelligence market in these regions.



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MARKET PLAYERS


The reports cover key developments in the legaltech artificial intelligence 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 the expansion of business and customer base of market players. The market players from legaltech artificial intelligence market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the legaltech artificial intelligence market.

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

    - Apttus Corporation
    - Casetext Inc
    - Catalyst Repository Systems Inc
    - FiscalNote
    - IBM Corporation
    - Kira Inc
    - LawGeex
    - Lex Machina, Inc
    - Luminance Technologies Ltd
    - ROSS Intelligence
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.


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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 LegalTech Artificial Intelligence Market - By Component
1.3.2 LegalTech Artificial Intelligence Market - By Application
1.3.3 LegalTech Artificial Intelligence Market - By End-User
1.3.4 LegalTech Artificial Intelligence Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. LEGALTECH ARTIFICIAL INTELLIGENCE 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. LEGALTECH ARTIFICIAL INTELLIGENCE 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. LEGALTECH ARTIFICIAL INTELLIGENCE MARKET - GLOBAL MARKET ANALYSIS
6.1. LEGALTECH ARTIFICIAL INTELLIGENCE - GLOBAL MARKET OVERVIEW
6.2. LEGALTECH ARTIFICIAL INTELLIGENCE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. LEGALTECH ARTIFICIAL INTELLIGENCE MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOFTWARE
7.3.1. Overview
7.3.2. Software Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. LEGALTECH ARTIFICIAL INTELLIGENCE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. LEGAL ANALYTICS
8.3.1. Overview
8.3.2. Legal Analytics Market Forecast and Analysis
8.4. LEGAL RESEARCH
8.4.1. Overview
8.4.2. Legal Research Market Forecast and Analysis
8.5. EDISCOVERY
8.5.1. Overview
8.5.2. eDiscovery Market Forecast and Analysis
8.6. CONTRACT MANAGEMENT
8.6.1. Overview
8.6.2. Contract Management Market Forecast and Analysis
8.7. E-BILLING
8.7.1. Overview
8.7.2. e-billing Market Forecast and Analysis
9. LEGALTECH ARTIFICIAL INTELLIGENCE MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
9.1. OVERVIEW
9.2. END-USER MARKET FORECASTS AND ANALYSIS
9.3. LAW FIRMS
9.3.1. Overview
9.3.2. Law Firms Market Forecast and Analysis
9.4. CORPORATIONS
9.4.1. Overview
9.4.2. Corporations Market Forecast and Analysis
9.5. LEGAL SERVICE PROVIDERS
9.5.1. Overview
9.5.2. Legal Service Providers Market Forecast and Analysis

10. LEGALTECH ARTIFICIAL INTELLIGENCE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America LegalTech Artificial Intelligence Market Overview
10.1.2 North America LegalTech Artificial Intelligence Market Forecasts and Analysis
10.1.3 North America LegalTech Artificial Intelligence Market Forecasts and Analysis - By Component
10.1.4 North America LegalTech Artificial Intelligence Market Forecasts and Analysis - By Application
10.1.5 North America LegalTech Artificial Intelligence Market Forecasts and Analysis - By End-User
10.1.6 North America LegalTech Artificial Intelligence Market Forecasts and Analysis - By Countries
10.1.6.1 United States LegalTech Artificial Intelligence Market
10.1.6.1.1 United States LegalTech Artificial Intelligence Market by Component
10.1.6.1.2 United States LegalTech Artificial Intelligence Market by Application
10.1.6.1.3 United States LegalTech Artificial Intelligence Market by End-User
10.1.6.2 Canada LegalTech Artificial Intelligence Market
10.1.6.2.1 Canada LegalTech Artificial Intelligence Market by Component
10.1.6.2.2 Canada LegalTech Artificial Intelligence Market by Application
10.1.6.2.3 Canada LegalTech Artificial Intelligence Market by End-User
10.1.6.3 Mexico LegalTech Artificial Intelligence Market
10.1.6.3.1 Mexico LegalTech Artificial Intelligence Market by Component
10.1.6.3.2 Mexico LegalTech Artificial Intelligence Market by Application
10.1.6.3.3 Mexico LegalTech Artificial Intelligence Market by End-User
10.2. EUROPE
10.2.1 Europe LegalTech Artificial Intelligence Market Overview
10.2.2 Europe LegalTech Artificial Intelligence Market Forecasts and Analysis
10.2.3 Europe LegalTech Artificial Intelligence Market Forecasts and Analysis - By Component
10.2.4 Europe LegalTech Artificial Intelligence Market Forecasts and Analysis - By Application
10.2.5 Europe LegalTech Artificial Intelligence Market Forecasts and Analysis - By End-User
10.2.6 Europe LegalTech Artificial Intelligence Market Forecasts and Analysis - By Countries
10.2.6.1 Germany LegalTech Artificial Intelligence Market
10.2.6.1.1 Germany LegalTech Artificial Intelligence Market by Component
10.2.6.1.2 Germany LegalTech Artificial Intelligence Market by Application
10.2.6.1.3 Germany LegalTech Artificial Intelligence Market by End-User
10.2.6.2 France LegalTech Artificial Intelligence Market
10.2.6.2.1 France LegalTech Artificial Intelligence Market by Component
10.2.6.2.2 France LegalTech Artificial Intelligence Market by Application
10.2.6.2.3 France LegalTech Artificial Intelligence Market by End-User
10.2.6.3 Italy LegalTech Artificial Intelligence Market
10.2.6.3.1 Italy LegalTech Artificial Intelligence Market by Component
10.2.6.3.2 Italy LegalTech Artificial Intelligence Market by Application
10.2.6.3.3 Italy LegalTech Artificial Intelligence Market by End-User
10.2.6.4 United Kingdom LegalTech Artificial Intelligence Market
10.2.6.4.1 United Kingdom LegalTech Artificial Intelligence Market by Component
10.2.6.4.2 United Kingdom LegalTech Artificial Intelligence Market by Application
10.2.6.4.3 United Kingdom LegalTech Artificial Intelligence Market by End-User
10.2.6.5 Russia LegalTech Artificial Intelligence Market
10.2.6.5.1 Russia LegalTech Artificial Intelligence Market by Component
10.2.6.5.2 Russia LegalTech Artificial Intelligence Market by Application
10.2.6.5.3 Russia LegalTech Artificial Intelligence Market by End-User
10.2.6.6 Rest of Europe LegalTech Artificial Intelligence Market
10.2.6.6.1 Rest of Europe LegalTech Artificial Intelligence Market by Component
10.2.6.6.2 Rest of Europe LegalTech Artificial Intelligence Market by Application
10.2.6.6.3 Rest of Europe LegalTech Artificial Intelligence Market by End-User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific LegalTech Artificial Intelligence Market Overview
10.3.2 Asia-Pacific LegalTech Artificial Intelligence Market Forecasts and Analysis
10.3.3 Asia-Pacific LegalTech Artificial Intelligence Market Forecasts and Analysis - By Component
10.3.4 Asia-Pacific LegalTech Artificial Intelligence Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific LegalTech Artificial Intelligence Market Forecasts and Analysis - By End-User
10.3.6 Asia-Pacific LegalTech Artificial Intelligence Market Forecasts and Analysis - By Countries
10.3.6.1 Australia LegalTech Artificial Intelligence Market
10.3.6.1.1 Australia LegalTech Artificial Intelligence Market by Component
10.3.6.1.2 Australia LegalTech Artificial Intelligence Market by Application
10.3.6.1.3 Australia LegalTech Artificial Intelligence Market by End-User
10.3.6.2 China LegalTech Artificial Intelligence Market
10.3.6.2.1 China LegalTech Artificial Intelligence Market by Component
10.3.6.2.2 China LegalTech Artificial Intelligence Market by Application
10.3.6.2.3 China LegalTech Artificial Intelligence Market by End-User
10.3.6.3 India LegalTech Artificial Intelligence Market
10.3.6.3.1 India LegalTech Artificial Intelligence Market by Component
10.3.6.3.2 India LegalTech Artificial Intelligence Market by Application
10.3.6.3.3 India LegalTech Artificial Intelligence Market by End-User
10.3.6.4 Japan LegalTech Artificial Intelligence Market
10.3.6.4.1 Japan LegalTech Artificial Intelligence Market by Component
10.3.6.4.2 Japan LegalTech Artificial Intelligence Market by Application
10.3.6.4.3 Japan LegalTech Artificial Intelligence Market by End-User
10.3.6.5 South Korea LegalTech Artificial Intelligence Market
10.3.6.5.1 South Korea LegalTech Artificial Intelligence Market by Component
10.3.6.5.2 South Korea LegalTech Artificial Intelligence Market by Application
10.3.6.5.3 South Korea LegalTech Artificial Intelligence Market by End-User
10.3.6.6 Rest of Asia-Pacific LegalTech Artificial Intelligence Market
10.3.6.6.1 Rest of Asia-Pacific LegalTech Artificial Intelligence Market by Component
10.3.6.6.2 Rest of Asia-Pacific LegalTech Artificial Intelligence Market by Application
10.3.6.6.3 Rest of Asia-Pacific LegalTech Artificial Intelligence Market by End-User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa LegalTech Artificial Intelligence Market Overview
10.4.2 Middle East and Africa LegalTech Artificial Intelligence Market Forecasts and Analysis
10.4.3 Middle East and Africa LegalTech Artificial Intelligence Market Forecasts and Analysis - By Component
10.4.4 Middle East and Africa LegalTech Artificial Intelligence Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa LegalTech Artificial Intelligence Market Forecasts and Analysis - By End-User
10.4.6 Middle East and Africa LegalTech Artificial Intelligence Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa LegalTech Artificial Intelligence Market
10.4.6.1.1 South Africa LegalTech Artificial Intelligence Market by Component
10.4.6.1.2 South Africa LegalTech Artificial Intelligence Market by Application
10.4.6.1.3 South Africa LegalTech Artificial Intelligence Market by End-User
10.4.6.2 Saudi Arabia LegalTech Artificial Intelligence Market
10.4.6.2.1 Saudi Arabia LegalTech Artificial Intelligence Market by Component
10.4.6.2.2 Saudi Arabia LegalTech Artificial Intelligence Market by Application
10.4.6.2.3 Saudi Arabia LegalTech Artificial Intelligence Market by End-User
10.4.6.3 U.A.E LegalTech Artificial Intelligence Market
10.4.6.3.1 U.A.E LegalTech Artificial Intelligence Market by Component
10.4.6.3.2 U.A.E LegalTech Artificial Intelligence Market by Application
10.4.6.3.3 U.A.E LegalTech Artificial Intelligence Market by End-User
10.4.6.4 Rest of Middle East and Africa LegalTech Artificial Intelligence Market
10.4.6.4.1 Rest of Middle East and Africa LegalTech Artificial Intelligence Market by Component
10.4.6.4.2 Rest of Middle East and Africa LegalTech Artificial Intelligence Market by Application
10.4.6.4.3 Rest of Middle East and Africa LegalTech Artificial Intelligence Market by End-User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America LegalTech Artificial Intelligence Market Overview
10.5.2 South and Central America LegalTech Artificial Intelligence Market Forecasts and Analysis
10.5.3 South and Central America LegalTech Artificial Intelligence Market Forecasts and Analysis - By Component
10.5.4 South and Central America LegalTech Artificial Intelligence Market Forecasts and Analysis - By Application
10.5.5 South and Central America LegalTech Artificial Intelligence Market Forecasts and Analysis - By End-User
10.5.6 South and Central America LegalTech Artificial Intelligence Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil LegalTech Artificial Intelligence Market
10.5.6.1.1 Brazil LegalTech Artificial Intelligence Market by Component
10.5.6.1.2 Brazil LegalTech Artificial Intelligence Market by Application
10.5.6.1.3 Brazil LegalTech Artificial Intelligence Market by End-User
10.5.6.2 Argentina LegalTech Artificial Intelligence Market
10.5.6.2.1 Argentina LegalTech Artificial Intelligence Market by Component
10.5.6.2.2 Argentina LegalTech Artificial Intelligence Market by Application
10.5.6.2.3 Argentina LegalTech Artificial Intelligence Market by End-User
10.5.6.3 Rest of South and Central America LegalTech Artificial Intelligence Market
10.5.6.3.1 Rest of South and Central America LegalTech Artificial Intelligence Market by Component
10.5.6.3.2 Rest of South and Central America LegalTech Artificial Intelligence Market by Application
10.5.6.3.3 Rest of South and Central America LegalTech Artificial Intelligence Market by End-User

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. LEGALTECH ARTIFICIAL INTELLIGENCE MARKET, KEY COMPANY PROFILES
12.1. APTTUS CORPORATION
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. CASETEXT INC
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. CATALYST REPOSITORY SYSTEMS INC
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. FISCALNOTE
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. IBM CORPORATION
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. KIRA 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. LAWGEEX
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. LEX MACHINA, INC
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. LUMINANCE TECHNOLOGIES LTD
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. ROSS INTELLIGENCE
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. Apttus Corporation
2. Casetext Inc
3. Catalyst Repository Systems Inc
4. FiscalNote
5. IBM Corporation
6. Kira Inc
7. LawGeex
8. Lex Machina, Inc
9. Luminance Technologies Ltd
10. ROSS Intelligence
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