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LegalTech Artificial Intelligence Market - By Deployment; By Technology, By Application; By End User; By Geography - Forecast(2024 - 2030)
LegalTech Artificial Intelligence Market Overview
What is Artificial Intelligence in Legaltech?
What are the applications of Artificial Intelligence in Legaltech?
Market Research and Market Trends of Artificial Intelligence in Legaltech:
- AI offerings is increased to nearly two-third from previous year. One of the Legaltech leader, JP Morgan launched their in-house program COIN, which extracts 150 attributes from 12,000 commercial credit agreements and contracts in few seconds. This is equivalent to 36,000 hours of legal work by lawyers and loan officers.
- Legal Research is very expensive process for law firms. So with the help of AI and machine learning some advance programs are created which handle and generate significant workload documents. Most of the startups have been focusing on this technology for intelligent legal research and document analysis.
- According to researchers block chain technology will greatly impact the commercial and dispute resolution in law firm. If AI is added along with block chain, due diligence or contract legal work can be completed without lawyers.
- The British High court adopted AI technology TAR (Technology Assisted Review) to demonstrate how relevant a document can be for particular case. It shows positive attitude towards technology.
Who are the Major Players in Artificial Intelligence in Legaltech Market?
What is our report scope?
Key Takeaways from this Report
- Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Key Market Players:
The Top 5 companies in the LegalTech Artificial Intelligence Market are:
- eBrevia
- Lex Machina
- Lawgeex
- FiscalNote
- Loom Analytics
List of Tables
Table 1: Legaltech AI Market Overview 2023-2030
Table 2: Legaltech AI Market Leader Analysis 2023-2030 (US$)
Table 3: Legaltech AI Market Product Analysis 2023-2030 (US$)
Table 4: Legaltech AI Market End User Analysis 2023-2030 (US$)
Table 5: Legaltech AI Market Patent Analysis 2013-2023* (US$)
Table 6: Legaltech AI Market Financial Analysis 2023-2030 (US$)
Table 7: Legaltech AI Market Driver Analysis 2023-2030 (US$)
Table 8: Legaltech AI Market Challenges Analysis 2023-2030 (US$)
Table 9: Legaltech AI Market Constraint Analysis 2023-2030 (US$)
Table 10: Legaltech AI Market Supplier Bargaining Power Analysis 2023-2030 (US$)
Table 11: Legaltech AI Market Buyer Bargaining Power Analysis 2023-2030 (US$)
Table 12: Legaltech AI Market Threat of Substitutes Analysis 2023-2030 (US$)
Table 13: Legaltech AI Market Threat of New Entrants Analysis 2023-2030 (US$)
Table 14: Legaltech AI Market Degree of Competition Analysis 2023-2030 (US$)
Table 15: Legaltech AI Market Value Chain Analysis 2023-2030 (US$)
Table 16: Legaltech AI Market Pricing Analysis 2023-2030 (US$)
Table 17: Legaltech AI Market Opportunities Analysis 2023-2030 (US$)
Table 18: Legaltech AI Market Product Life Cycle Analysis 2023-2030 (US$)
Table 19: Legaltech AI Market Supplier Analysis 2023-2030 (US$)
Table 20: Legaltech AI Market Distributor Analysis 2023-2030 (US$)
Table 21: Legaltech AI Market Trend Analysis 2023-2030 (US$)
Table 22: Legaltech AI Market Size 2023 (US$)
Table 23: Legaltech AI Market Forecast Analysis 2023-2030 (US$)
Table 24: Legaltech AI Market Sales Forecast Analysis 2023-2030 (Units)
Table 25: Legaltech AI Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 26: Legaltech AI Market By Technology, Revenue & Volume, By Machine Learning, 2023-2030 ($)
Table 27: Legaltech AI Market By Technology, Revenue & Volume, By Natural Language Processing, 2023-2030 ($)
Table 28: Legaltech AI Market By Technology, Revenue & Volume, By Chatbots, 2023-2030 ($)
Table 29: Legaltech AI Market By Technology, Revenue & Volume, By Blockchain, 2023-2030 ($)
Table 30: Legaltech AI Market By Technology, Revenue & Volume, By Cloud Computing, 2023-2030 ($)
Table 31: Legaltech AI Market, Revenue & Volume, By ApplicationS, 2023-2030 ($)
Table 32: Legaltech AI Market By ApplicationS, Revenue & Volume, By Due Diligence, 2023-2030 ($)
Table 33: Legaltech AI Market By ApplicationS, Revenue & Volume, By Legal Research, 2023-2030 ($)
Table 34: Legaltech AI Market By ApplicationS, Revenue & Volume, By Potential AI Legal Issues, 2023-2030 ($)
Table 35: Legaltech AI Market By ApplicationS, Revenue & Volume, By Intellectual Property, 2023-2030 ($)
Table 36: Legaltech AI Market By ApplicationS, Revenue & Volume, By Electronic Billing, 2023-2030 ($)
Table 37: Legaltech AI Market, Revenue & Volume, By End Users, 2023-2030 ($)
Table 38: Legaltech AI Market By End Users, Revenue & Volume, By Lawyers, 2023-2030 ($)
Table 39: Legaltech AI Market By End Users, Revenue & Volume, By Clients, 2023-2030 ($)
Table 40: Legaltech AI Market By End Users, Revenue & Volume, By Criminal Lawyer, 2023-2030 ($)
Table 41: Legaltech AI Market By End Users, Revenue & Volume, By Civil Lawyer, 2023-2030 ($)
Table 42: Legaltech AI Market By End Users, Revenue & Volume, By Corporate Lawyer, 2023-2030 ($)
Table 43: North America Legaltech AI Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 44: North America Legaltech AI Market, Revenue & Volume, By ApplicationS, 2023-2030 ($)
Table 45: North America Legaltech AI Market, Revenue & Volume, By End Users, 2023-2030 ($)
Table 46: South america Legaltech AI Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 47: South america Legaltech AI Market, Revenue & Volume, By ApplicationS, 2023-2030 ($)
Table 48: South america Legaltech AI Market, Revenue & Volume, By End Users, 2023-2030 ($)
Table 49: Europe Legaltech AI Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 50: Europe Legaltech AI Market, Revenue & Volume, By ApplicationS, 2023-2030 ($)
Table 51: Europe Legaltech AI Market, Revenue & Volume, By End Users, 2023-2030 ($)
Table 52: APAC Legaltech AI Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 53: APAC Legaltech AI Market, Revenue & Volume, By ApplicationS, 2023-2030 ($)
Table 54: APAC Legaltech AI Market, Revenue & Volume, By End Users, 2023-2030 ($)
Table 55: Middle East & Africa Legaltech AI Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 56: Middle East & Africa Legaltech AI Market, Revenue & Volume, By ApplicationS, 2023-2030 ($)
Table 57: Middle East & Africa Legaltech AI Market, Revenue & Volume, By End Users, 2023-2030 ($)
Table 58: Russia Legaltech AI Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 59: Russia Legaltech AI Market, Revenue & Volume, By ApplicationS, 2023-2030 ($)
Table 60: Russia Legaltech AI Market, Revenue & Volume, By End Users, 2023-2030 ($)
Table 61: Israel Legaltech AI Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 62: Israel Legaltech AI Market, Revenue & Volume, By ApplicationS, 2023-2030 ($)
Table 63: Israel Legaltech AI Market, Revenue & Volume, By End Users, 2023-2030 ($)
Table 64: Top Companies 2023 (US$)Legaltech AI Market, Revenue & Volume
Table 65: Product Launch 2023-2030Legaltech AI Market, Revenue & Volume
Table 66: Mergers & Acquistions 2023-2030Legaltech AI Market, Revenue & Volume
List of Figures
Figure 1: Overview of Legaltech AI Market 2023-2030
Figure 2: Market Share Analysis for Legaltech AI Market 2023 (US$)
Figure 3: Product Comparison in Legaltech AI Market 2023-2030 (US$)
Figure 4: End User Profile for Legaltech AI Market 2023-2030 (US$)
Figure 5: Patent Application and Grant in Legaltech AI Market 2013-2023* (US$)
Figure 6: Top 5 Companies Financial Analysis in Legaltech AI Market 2023-2030 (US$)
Figure 7: Market Entry Strategy in Legaltech AI Market 2023-2030
Figure 8: Ecosystem Analysis in Legaltech AI Market 2023
Figure 9: Average Selling Price in Legaltech AI Market 2023-2030
Figure 10: Top Opportunites in Legaltech AI Market 2023-2030
Figure 11: Market Life Cycle Analysis in Legaltech AI Market
Figure 12: GlobalBy TechnologyLegaltech AI Market Revenue, 2023-2030 ($)
Figure 13: GlobalBy ApplicationSLegaltech AI Market Revenue, 2023-2030 ($)
Figure 14: GlobalBy End UsersLegaltech AI Market Revenue, 2023-2030 ($)
Figure 15: Global Legaltech AI Market - By Geography
Figure 16: Global Legaltech AI Market Value & Volume, By Geography, 2023-2030 ($)
Figure 17: Global Legaltech AI Market CAGR, By Geography, 2023-2030 (%)
Figure 18: North America Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 19: US Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 20: US GDP and Population, 2023-2030 ($)
Figure 21: US GDP – Composition of 2023, By Sector of Origin
Figure 22: US Export and Import Value & Volume, 2023-2030 ($)
Figure 23: Canada Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 24: Canada GDP and Population, 2023-2030 ($)
Figure 25: Canada GDP – Composition of 2023, By Sector of Origin
Figure 26: Canada Export and Import Value & Volume, 2023-2030 ($)
Figure 27: Mexico Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 28: Mexico GDP and Population, 2023-2030 ($)
Figure 29: Mexico GDP – Composition of 2023, By Sector of Origin
Figure 30: Mexico Export and Import Value & Volume, 2023-2030 ($)
Figure 31: South America Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 32: Brazil Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 33: Brazil GDP and Population, 2023-2030 ($)
Figure 34: Brazil GDP – Composition of 2023, By Sector of Origin
Figure 35: Brazil Export and Import Value & Volume, 2023-2030 ($)
Figure 36: Venezuela Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 37: Venezuela GDP and Population, 2023-2030 ($)
Figure 38: Venezuela GDP – Composition of 2023, By Sector of Origin
Figure 39: Venezuela Export and Import Value & Volume, 2023-2030 ($)
Figure 40: Argentina Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 41: Argentina GDP and Population, 2023-2030 ($)
Figure 42: Argentina GDP – Composition of 2023, By Sector of Origin
Figure 43: Argentina Export and Import Value & Volume, 2023-2030 ($)
Figure 44: Ecuador Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 45: Ecuador GDP and Population, 2023-2030 ($)
Figure 46: Ecuador GDP – Composition of 2023, By Sector of Origin
Figure 47: Ecuador Export and Import Value & Volume, 2023-2030 ($)
Figure 48: Peru Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 49: Peru GDP and Population, 2023-2030 ($)
Figure 50: Peru GDP – Composition of 2023, By Sector of Origin
Figure 51: Peru Export and Import Value & Volume, 2023-2030 ($)
Figure 52: Colombia Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 53: Colombia GDP and Population, 2023-2030 ($)
Figure 54: Colombia GDP – Composition of 2023, By Sector of Origin
Figure 55: Colombia Export and Import Value & Volume, 2023-2030 ($)
Figure 56: Costa Rica Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 57: Costa Rica GDP and Population, 2023-2030 ($)
Figure 58: Costa Rica GDP – Composition of 2023, By Sector of Origin
Figure 59: Costa Rica Export and Import Value & Volume, 2023-2030 ($)
Figure 60: Europe Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 61: U.K Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 62: U.K GDP and Population, 2023-2030 ($)
Figure 63: U.K GDP – Composition of 2023, By Sector of Origin
Figure 64: U.K Export and Import Value & Volume, 2023-2030 ($)
Figure 65: Germany Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 66: Germany GDP and Population, 2023-2030 ($)
Figure 67: Germany GDP – Composition of 2023, By Sector of Origin
Figure 68: Germany Export and Import Value & Volume, 2023-2030 ($)
Figure 69: Italy Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 70: Italy GDP and Population, 2023-2030 ($)
Figure 71: Italy GDP – Composition of 2023, By Sector of Origin
Figure 72: Italy Export and Import Value & Volume, 2023-2030 ($)
Figure 73: France Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 74: France GDP and Population, 2023-2030 ($)
Figure 75: France GDP – Composition of 2023, By Sector of Origin
Figure 76: France Export and Import Value & Volume, 2023-2030 ($)
Figure 77: Netherlands Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 78: Netherlands GDP and Population, 2023-2030 ($)
Figure 79: Netherlands GDP – Composition of 2023, By Sector of Origin
Figure 80: Netherlands Export and Import Value & Volume, 2023-2030 ($)
Figure 81: Belgium Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 82: Belgium GDP and Population, 2023-2030 ($)
Figure 83: Belgium GDP – Composition of 2023, By Sector of Origin
Figure 84: Belgium Export and Import Value & Volume, 2023-2030 ($)
Figure 85: Spain Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 86: Spain GDP and Population, 2023-2030 ($)
Figure 87: Spain GDP – Composition of 2023, By Sector of Origin
Figure 88: Spain Export and Import Value & Volume, 2023-2030 ($)
Figure 89: Denmark Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 90: Denmark GDP and Population, 2023-2030 ($)
Figure 91: Denmark GDP – Composition of 2023, By Sector of Origin
Figure 92: Denmark Export and Import Value & Volume, 2023-2030 ($)
Figure 93: APAC Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 94: China Legaltech AI Market Value & Volume, 2023-2030
Figure 95: China GDP and Population, 2023-2030 ($)
Figure 96: China GDP – Composition of 2023, By Sector of Origin
Figure 97: China Export and Import Value & Volume, 2023-2030 ($)Legaltech AI Market China Export and Import Value & Volume, 2023-2030 ($)
Figure 98: Australia Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 99: Australia GDP and Population, 2023-2030 ($)
Figure 100: Australia GDP – Composition of 2023, By Sector of Origin
Figure 101: Australia Export and Import Value & Volume, 2023-2030 ($)
Figure 102: South Korea Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 103: South Korea GDP and Population, 2023-2030 ($)
Figure 104: South Korea GDP – Composition of 2023, By Sector of Origin
Figure 105: South Korea Export and Import Value & Volume, 2023-2030 ($)
Figure 106: India Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 107: India GDP and Population, 2023-2030 ($)
Figure 108: India GDP – Composition of 2023, By Sector of Origin
Figure 109: India Export and Import Value & Volume, 2023-2030 ($)
Figure 110: Taiwan Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 111: Taiwan GDP and Population, 2023-2030 ($)
Figure 112: Taiwan GDP – Composition of 2023, By Sector of Origin
Figure 113: Taiwan Export and Import Value & Volume, 2023-2030 ($)
Figure 114: Malaysia Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 115: Malaysia GDP and Population, 2023-2030 ($)
Figure 116: Malaysia GDP – Composition of 2023, By Sector of Origin
Figure 117: Malaysia Export and Import Value & Volume, 2023-2030 ($)
Figure 118: Hong Kong Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 119: Hong Kong GDP and Population, 2023-2030 ($)
Figure 120: Hong Kong GDP – Composition of 2023, By Sector of Origin
Figure 121: Hong Kong Export and Import Value & Volume, 2023-2030 ($)
Figure 122: Middle East & Africa Legaltech AI Market Middle East & Africa 3D Printing Market Value & Volume, 2023-2030 ($)
Figure 123: Russia Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 124: Russia GDP and Population, 2023-2030 ($)
Figure 125: Russia GDP – Composition of 2023, By Sector of Origin
Figure 126: Russia Export and Import Value & Volume, 2023-2030 ($)
Figure 127: Israel Legaltech AI Market Value & Volume, 2023-2030 ($)
Figure 128: Israel GDP and Population, 2023-2030 ($)
Figure 129: Israel GDP – Composition of 2023, By Sector of Origin
Figure 130: Israel Export and Import Value & Volume, 2023-2030 ($)
Figure 131: Entropy Share, By Strategies, 2023-2030* (%)Legaltech AI Market
Figure 132: Developments, 2023-2030*Legaltech AI Market
Figure 133: Company 1 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 134: Company 1 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 135: Company 1 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 136: Company 2 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 137: Company 2 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 138: Company 2 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 139: Company 3 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 140: Company 3 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 141: Company 3 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 142: Company 4 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 143: Company 4 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 144: Company 4 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 145: Company 5 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 146: Company 5 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 147: Company 5 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 148: Company 6 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 149: Company 6 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 150: Company 6 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 151: Company 7 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 152: Company 7 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 153: Company 7 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 154: Company 8 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 155: Company 8 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 156: Company 8 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 157: Company 9 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 158: Company 9 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 159: Company 9 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 160: Company 10 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 161: Company 10 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 162: Company 10 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 163: Company 11 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 164: Company 11 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 165: Company 11 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 166: Company 12 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 167: Company 12 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 168: Company 12 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 169: Company 13 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 170: Company 13 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 171: Company 13 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 172: Company 14 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 173: Company 14 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 174: Company 14 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)
Figure 175: Company 15 Legaltech AI Market Net Revenue, By Years, 2023-2030* ($)
Figure 176: Company 15 Legaltech AI Market Net Revenue Share, By Business segments, 2023 (%)
Figure 177: Company 15 Legaltech AI Market Net Sales Share, By Geography, 2023 (%)