Global Legal AI Software Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 10/11/2022
- NO OF PAGES
- 207
- CATEGORY
- Information Technology
The Legal AI Software market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Legal AI Software market. On the basis of historic growth analysis and current scenario of Legal AI Software market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Legal AI Software market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Legal AI Software market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Legal AI Software market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Legal AI Software Market: Major Players
Everlaw
Thomson Reuters
LexisNexis
Nalanda Technology
Casetext
Opentext
Klarity
Luminance
iManage
Rradar
Ey Riverview Law
IBM
Omni Software Systems
Veritone
Pensieve
Legalsifter
Neota Logic
Cognitiv+
Kira
Lawgeex
Ross Intelligence
Global Legal AI Software Market: By Types
Cloud
On Premises
Global Legal AI Software Market: By Applications
Corporate Legal Departments
Law Firms
Others
Global Legal AI Software Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Legal AI Software market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Legal AI Software Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023This report examines all the key factors influencing growth of global Legal AI Software market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Legal AI Software market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Legal AI Software Market: Major Players
Everlaw
Thomson Reuters
LexisNexis
Nalanda Technology
Casetext
Opentext
Klarity
Luminance
iManage
Rradar
Ey Riverview Law
IBM
Omni Software Systems
Veritone
Pensieve
Legalsifter
Neota Logic
Cognitiv+
Kira
Lawgeex
Ross Intelligence
Global Legal AI Software Market: By Types
Cloud
On Premises
Global Legal AI Software Market: By Applications
Corporate Legal Departments
Law Firms
Others
Global Legal AI Software Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Legal AI Software market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Legal AI Software Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Legal AI Software Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Legal AI Software
1.3 Legal AI Software Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Legal AI Software Revenue and Growth Rate from 2016-2030
1.4 Market Segmentation
1.4.1 Types of Legal AI Software
1.4.2 Applications of Legal AI Software
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Legal AI Software Industry Trends
1.5.2 Legal AI Software Drivers
1.5.3 Legal AI Software Market Challenges
1.5.4 Legal AI Software Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Legal AI Software Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Legal AI Software Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Legal AI Software Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Legal AI Software
2.2.1 Major Players Manufacturing Base of Legal AI Software in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Legal AI Software Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Legal AI Software
2.3.3 Labor Cost of Legal AI Software
2.4 Market Channel Analysis of Legal AI Software
2.5 Major Down Stream Customers by Application
3 Global Legal AI Software Market, by Type
3.1 Global Legal AI Software Revenue and Market Share by Type (2016-2021)
3.2 Global Legal AI Software Production and Market Share by Type (2016-2021)
3.3 Global Legal AI Software Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Legal AI Software Revenue and Growth Rate of Cloud
3.3.2 Global Legal AI Software Revenue and Growth Rate of On Premises
3.4 Global Legal AI Software Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Legal AI Software Market, by Application
4.1 Downstream Market Overview
4.2 Global Legal AI Software Consumption and Market Share by Application (2016-2021)
4.3 Global Legal AI Software Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Legal AI Software Consumption and Growth Rate of Corporate Legal Departments (2016-2021)
4.3.2 Global Legal AI Software Consumption and Growth Rate of Law Firms (2016-2021)
4.3.3 Global Legal AI Software Consumption and Growth Rate of Others (2016-2021)
5 Global Legal AI Software Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Legal AI Software Revenue and Market Share by Region (2016-2021)
5.2 Global Legal AI Software Consumption and Market Share by Region (2016-2021)
5.3 Global Legal AI Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Legal AI Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Legal AI Software Market Under COVID-19
5.4.2 North America Legal AI Software SWOT Analysis
5.5 Europe Legal AI Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Legal AI Software Market Under COVID-19
5.5.2 Europe Legal AI Software SWOT Analysis
5.6 China Legal AI Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Legal AI Software Market Under COVID-19
5.6.2 China Legal AI Software SWOT Analysis
5.7 Japan Legal AI Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Legal AI Software Market Under COVID-19
5.7.2 Japan Legal AI Software SWOT Analysis
5.8 Middle East and Africa Legal AI Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Legal AI Software Market Under COVID-19
5.8.2 Middle East and Africa Legal AI Software SWOT Analysis
5.9 India Legal AI Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Legal AI Software Market Under COVID-19
5.9.2 India Legal AI Software SWOT Analysis
5.10 South America Legal AI Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Legal AI Software Market Under COVID-19
5.10.2 South America Legal AI Software SWOT Analysis
5.11 South Korea Legal AI Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Legal AI Software Market Under COVID-19
5.11.2 South Korea Legal AI Software SWOT Analysis
5.12 Southeast Asia Legal AI Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Legal AI Software Market Under COVID-19
5.12.2 Southeast Asia Legal AI Software SWOT Analysis
6 Global Legal AI Software Production by Top Regions (2016-2021)
6.1 Global Legal AI Software Production by Top Regions (2016-2021)
6.2 North America Legal AI Software Production and Growth Rate
6.3 Europe Legal AI Software Production and Growth Rate
6.4 China Legal AI Software Production and Growth Rate
6.5 Japan Legal AI Software Production and Growth Rate
6.6 India Legal AI Software Production and Growth Rate
7 Global Legal AI Software Consumption by Regions (2016-2021)
7.1 Global Legal AI Software Consumption by Regions (2016-2021)
7.2 North America Legal AI Software Consumption and Growth Rate
7.3 Europe Legal AI Software Consumption and Growth Rate
7.4 China Legal AI Software Consumption and Growth Rate
7.5 Japan Legal AI Software Consumption and Growth Rate
7.6 Middle East & Africa Legal AI Software Consumption and Growth Rate
7.7 India Legal AI Software Consumption and Growth Rate
7.8 South America Legal AI Software Consumption and Growth Rate
7.9 South Korea Legal AI Software Consumption and Growth Rate
7.10 Southeast Asia Legal AI Software Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 Everlaw Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Legal AI Software Product Profiles, Application and Specification
8.2.3 Everlaw Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Thomson Reuters Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Legal AI Software Product Profiles, Application and Specification
8.3.3 Thomson Reuters Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 LexisNexis Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Legal AI Software Product Profiles, Application and Specification
8.4.3 LexisNexis Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Nalanda Technology Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Legal AI Software Product Profiles, Application and Specification
8.5.3 Nalanda Technology Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Casetext Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Legal AI Software Product Profiles, Application and Specification
8.6.3 Casetext Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Opentext Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Legal AI Software Product Profiles, Application and Specification
8.7.3 Opentext Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Klarity Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Legal AI Software Product Profiles, Application and Specification
8.8.3 Klarity Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Luminance Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Legal AI Software Product Profiles, Application and Specification
8.9.3 Luminance Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 iManage Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Legal AI Software Product Profiles, Application and Specification
8.10.3 iManage Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Rradar Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Legal AI Software Product Profiles, Application and Specification
8.11.3 Rradar Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Ey Riverview Law Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Legal AI Software Product Profiles, Application and Specification
8.12.3 Ey Riverview Law Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 IBM Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Legal AI Software Product Profiles, Application and Specification
8.13.3 IBM Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 Omni Software Systems Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Legal AI Software Product Profiles, Application and Specification
8.14.3 Omni Software Systems Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 Veritone Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Legal AI Software Product Profiles, Application and Specification
8.15.3 Veritone Sales, Revenue, Price, Gross Margin 2016-2021
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19
8.16 Pensieve Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Legal AI Software Product Profiles, Application and Specification
8.16.3 Pensieve Sales, Revenue, Price, Gross Margin 2016-2021
8.16.4 Company Recent Development
8.16.5 Strategies for Company to Deal with the Impact of COVID-19
8.17 Legalsifter Market Performance Analysis
8.17.1 Company Profiles
8.17.2 Legal AI Software Product Profiles, Application and Specification
8.17.3 Legalsifter Sales, Revenue, Price, Gross Margin 2016-2021
8.17.4 Company Recent Development
8.17.5 Strategies for Company to Deal with the Impact of COVID-19
8.18 Neota Logic Market Performance Analysis
8.18.1 Company Profiles
8.18.2 Legal AI Software Product Profiles, Application and Specification
8.18.3 Neota Logic Sales, Revenue, Price, Gross Margin 2016-2021
8.18.4 Company Recent Development
8.18.5 Strategies for Company to Deal with the Impact of COVID-19
8.19 Cognitiv+ Market Performance Analysis
8.19.1 Company Profiles
8.19.2 Legal AI Software Product Profiles, Application and Specification
8.19.3 Cognitiv+ Sales, Revenue, Price, Gross Margin 2016-2021
8.19.4 Company Recent Development
8.19.5 Strategies for Company to Deal with the Impact of COVID-19
8.20 Kira Market Performance Analysis
8.20.1 Company Profiles
8.20.2 Legal AI Software Product Profiles, Application and Specification
8.20.3 Kira Sales, Revenue, Price, Gross Margin 2016-2021
8.20.4 Company Recent Development
8.20.5 Strategies for Company to Deal with the Impact of COVID-19
8.21 Lawgeex Market Performance Analysis
8.21.1 Company Profiles
8.21.2 Legal AI Software Product Profiles, Application and Specification
8.21.3 Lawgeex Sales, Revenue, Price, Gross Margin 2016-2021
8.21.4 Company Recent Development
8.21.5 Strategies for Company to Deal with the Impact of COVID-19
8.22 Ross Intelligence Market Performance Analysis
8.22.1 Company Profiles
8.22.2 Legal AI Software Product Profiles, Application and Specification
8.22.3 Ross Intelligence Sales, Revenue, Price, Gross Margin 2016-2021
8.22.4 Company Recent Development
8.22.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Legal AI Software Market Analysis and Forecast by Type and Application
9.1 Global Legal AI Software Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Cloud Market Revenue and Volume Forecast (2021-2026)
9.1.2 On Premises Market Revenue and Volume Forecast (2021-2026)
9.2 Global Legal AI Software Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Corporate Legal Departments Market Revenue and Volume Forecast (2021-2026)
9.2.2 Law Firms Market Revenue and Volume Forecast (2021-2026)
9.2.3 Others Market Revenue and Volume Forecast (2021-2026)
10 Legal AI Software Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Legal AI Software Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
 
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
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An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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