The global demand for Legal AI Software Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020- 2026.
Artificial Intelligence (AI) is increasing its footsteps in different areas by using the concept of making the computers learn and handle complex tasks that were previously done by human beings. With better accuracy and speed, AI is helping lawyers to simplify work processing. Legal AI refers to technologies such as machine learning, natural language processing in relation to legal issues. The model of AI acquired high importance because of its ability to deal with a large volume of data. Owing to its accurate results along with fast testing makes it a hot topic in the field of legal practice. Legal AI has shown tremendous results in different applications.
Market Dynamics
Factors like accuracy, efficiencies, cost savings and speed is the major factor driving of legal AI software market. Growing number of litigations in the legal industry across the world along with rising demand for automation are also propelling the market growth. In addition to this, rising usage of advanced technologies by legal professionals and adoption of new tools is another factor that boost the demand. However, lack of awareness, concern about data privacy and high installation cost are likely to hinder the market growth over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of legal AI software.
Market Segmentation
The entire legal AI software market has been sub-categorized into component, technology, deployment, end-user and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Component
- Solutions
- Software Solutions
- Platforms
- Services
- Professional Services
- Managed Services
By Technology
- Machine Learning and Deep Learning
- Natural Language Processing
By Deployment
By End User
- Corporate Legal Departments
- Law Firms
By Application
- EDiscovery
- Legal Research
- Contract Management
- Compliance
- Case Prediction
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for legal AI software market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Legal AI Software Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the legal AI software market include Ross Intelligence, Thomson Reuters, Veritone, IManage, Luminance, LexisNexis, Neota Logic, Everlaw, Legalsifter, Pensieve, Cognitiv+ and Casetext. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Legal Ai Software Market
2.2. Global Legal Ai Software Market Snapshot
3 . LEGAL AI SOFTWARE – INDUSTRY ANALYSIS
3.1. Introduction
3.2. Market Drivers of Legal Ai Software Market
3.3. Market Restraints of Legal Ai Software Market
3.4. Opportunities of Legal Ai Software Market
3.5. Trends of Legal Ai Software Market
3.6. Porter’s Five Force Analysis of Legal Ai Software Market
3.7. Legal Ai Software Market Attractiveness Analysis
3.7.1 Market Attractive Analysis by Component
3.7.2 Market Attractive Analysis by Technology
3.7.3 Market Attractive Analysis by Deployment
3.7.4 Market Attractive Analysis by End User
3.7.5 Market Attractive Analysis by Application
3.7.6 Market Attractive Analysis by Region
4 . VALUE CHAIN ANALYSIS
4.1. Legal Ai Software Value Chain Analysis
4.2. Legal Ai Software Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Legal Ai Software Raw Material Manufactures List
4.2.3. Price Trend of Legal Ai Software Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL LEGAL AI SOFTWARE MARKET ANALYSIS BY COMPONENT
5.1 Overview by Component
5.2 Global Legal Ai Software Market Analysis by Component
5.3 Market Analysis of Solutions by Regions
5.4 Market Analysis of Services by Regions
6 . GLOBAL LEGAL AI SOFTWARE MARKET ANALYSIS BY TECHNOLOGY
6.1 Overview by Technology
6.2 Global Legal Ai Software Market Analysis by Technology
6.3 Market Analysis of Machine Learning and Deep Learning by Regions
6.4 Market Analysis of Natural Language Processing by Regions
7 . GLOBAL LEGAL AI SOFTWARE MARKET ANALYSIS BY DEPLOYMENT
7.1 Overview by Deployment
7.2 Global Legal Ai Software Market Analysis by Deployment
7.3 Market Analysis of Cloud by Regions
7.4 Market Analysis of On-Premises by Regions
8 . GLOBAL LEGAL AI SOFTWARE MARKET ANALYSIS BY END USER
8.1 Overview by End User
8.2 Global Legal Ai Software Market Analysis by End User
8.3 Market Analysis of Corporate Legal Departments by Regions
8.4 Market Analysis of Law Firms by Regions
9 . GLOBAL LEGAL AI SOFTWARE MARKET ANALYSIS BY APPLICATION
9.1 Overview by Application
9.2 Global Legal Ai Software Market Analysis by Application
9.3 Market Analysis of EDiscovery by Regions
9.4 Market Analysis of Legal Research by Regions
9.5 Market Analysis of Contract Management by Regions
9.6 Market Analysis of Compliance by Regions
9.7 Market Analysis of Case Prediction by Regions
9.8 Market Analysis of Others by Regions
10 . GLOBAL LEGAL AI SOFTWARE MARKET ANALYSIS BY GEOGRAPHY
10.1. Regional Outlook
10.2. Introduction
10.3. North America
10.3.1. Overview
10.3.2. North America Legal Ai Software Market Estimate by Country
10.3.3. United State
10.3.4. Rest of North America
10.4. Europe
10.4.1. Overview
10.4.2. Europe Legal Ai Software Market Estimate by Market Segment
10.4.3. Europe Legal Ai Software Market Estimate by Country
10.4.4. United Kingdom
10.4.5. France
10.4.6. Germany
10.4.7 Rest of Europe
10.5. Asia Pacific
10.5.1. Overview
10.5.2. Asia Pacific Legal Ai Software Market Estimate by Market Segment
10.5.3. Asia Pacific Legal Ai Software Market Estimate by Country
10.5.4. China
10.5.5. Japan
10.5.6. India
10.5.7. Rest of Asia Pacific
10.6. Latin America
10.6.1. Overview
10.6.2. Latin America Legal Ai Software Market Estimate by Market Segment
10.6.3. Latin America Legal Ai Software Market Estimate by Country
10.6.4. Brazil
10.6.5. Rest of Latin America
10.7. Middle East & Africa
10.7.1. Overview
10.7.2. Middle East & Africa Legal Ai Software Market Estimate by Market Segment
10.7.3. Middle East & Africa Legal Ai Software Market Estimate by Country
10.7.4. Middle East
10.7.5. Africa
11 COMPETITIVE LANDSCAPE OF THE LEGAL AI SOFTWARE COMPANIES
11.1. Legal Ai Software Market Competition
11.2. Partnership/Collaboration/Agreement
11.3. Merger And Acquisitions
11.4. New Product Launch
11.5. Other Developments
12 COMPANY PROFILES OF LEGAL AI SOFTWARE INDUSTRY
12.1. Company Share Analysis
12.2. Market Concentration Rate
12.3. Ross Intelligence
12.3.1. Company Overview
12.3.2. Financials
12.3.3. Products
12.3.4. Recent Developments
12.4. Thomson Reuters
12.4.1. Company Overview
12.4.2. Financials
12.4.3. Products
12.4.4. Recent Developments
12.5. Veritone
12.5.1. Company Overview
12.5.2. Financials
12.5.3. Products
12.5.4. Recent Developments
12.6. IManage
12.6.1. Company Overview
12.6.2. Financials
12.6.3. Products
12.6.4. Recent Developments
12.7. Luminance
12.7.1. Company Overview
12.7.2. Financials
12.7.3. Products
12.7.4. Recent Developments
12.8. LexisNexis
12.8.1. Company Overview
12.8.2. Financials
12.8.3. Products
12.8.4. Recent Developments
12.9. Neota Logic
12.9.1. Company Overview
12.9.2. Financials
12.9.3. Products
12.9.4. Recent Developments
12.10. Everlaw
12.10.1. Company Overview
12.10.2. Financials
12.10.3. Products
12.10.4. Recent Developments
12.11. Legalsifter
12.11.1. Company Overview
12.11.2. Financials
12.11.3. Products
12.11.4. Recent Developments
12.12. Pensieve
12.12.1. Company Overview
12.12.2. Financials
12.12.3. Products
12.12.4. Recent Developments
12.13. Cognitiv+
12.13.1. Company Overview
12.13.2. Financials
12.13.3. Products
12.13.4. Recent Developments
12.14. Casetext
12.14.1. Company Overview
12.14.2. Financials
12.14.3. Products
12.14.4. Recent Developments
13. IMPACT ANALYSIS OF COVID-19 OUTBREAK
13.1. Impact Analysis of Covid-19 Outbreak on the Market
13.1.1. Direct Impact on Production
13.1.2. Supply Chain and Market Disruption
13.1.3. Financial Impact on Firms and Financial Markets
13.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
13.3. Pre V/S Post COVID-19 Market
13.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
13.5. COVID-19: Micro and Macro Factor Analysis on the Market
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Global Market Snapshot
- Drivers of the Global Market Impact Analysis
- Restraints of the Global Market Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19 Market
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic On The Market Size In 2020, By Scenario
- COVID-19: Micro and Macro Factor Analysis on the Market
- Global Legal Ai Software Market Analysis by Component (USD MN)
- Global Legal Ai Software Market Analysis in Solutions by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Services by Geography (USD MN)
- Global Legal Ai Software Market Analysis by Technology (USD MN)
- Global Legal Ai Software Market Analysis in Machine Learning and Deep Learning by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Natural Language Processing by Geography (USD MN)
- Global Legal Ai Software Market Analysis by Deployment (USD MN)
- Global Legal Ai Software Market Analysis in Cloud by Geography (USD MN)
- Global Legal Ai Software Market Analysis in On-Premises by Geography (USD MN)
- Global Legal Ai Software Market Analysis by End User (USD MN)
- Global Legal Ai Software Market Analysis in Corporate Legal Departments by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Law Firms by Geography (USD MN)
- Global Legal Ai Software Market Analysis by Application (USD MN)
- Global Legal Ai Software Market Analysis in EDiscovery by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Legal Research by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Contract Management by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Compliance by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Case Prediction by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Others by Geography (USD MN)
- Global Legal Ai Software Market by Geography (USD MN)
- North America Legal Ai Software Market Analysis by Component (USD MN)
- North America Legal Ai Software Market Estimate by Technology (USD MN)
- North America Legal Ai Software Market Estimate by Deployment (USD MN)
- North America Legal Ai Software Market Estimate by End User (USD MN)
- North America Legal Ai Software Market Estimate by Application (USD MN)
- North America Legal Ai Software Market Estimate by Country (USD MN)
- United State Legal Ai Software Market Analysis by Component (USD MN)
- United State Legal Ai Software Market Estimate by Technology (USD MN)
- United State Legal Ai Software Market Analysis by Deployment (USD MN)
- United State Legal Ai Software Market Estimate by End User (USD MN)
- United State Legal Ai Software Market Analysis by Application (USD MN)
- Rest of North America Legal Ai Software Market Analysis by Component (USD MN)
- Rest of North America Legal Ai Software Market Estimate by Technology (USD MN)
- Rest of North America Legal Ai Software Market Estimate by Deployment(USD MN)
- Rest of North America Legal Ai Software Market Estimate by End User(USD MN)
- Rest of North America Legal Ai Software Market Estimate by Application (USD MN)
- Europe Legal Ai Software Market Analysis by Component (USD MN)
- Europe Legal Ai Software Market Estimate by Technology (USD MN)
- Europe Legal Ai Software Market Estimate by Deployment (USD MN)
- Europe Legal Ai Software Market Estimate by End User (USD MN)
- Europe Legal Ai Software Market Estimate by Application (USD MN)
- Europe Legal Ai Software Market Estimate by Country (USD MN)
- United Kingdom Legal Ai Software Market Analysis by Component (USD MN)
- United Kingdom Legal Ai Software Market Estimate by Technology (USD MN)
- United Kingdom Legal Ai Software Market Estimate by Deployment (USD MN)
- United Kingdom Legal Ai Software Market Estimate by End User (USD MN)
- United Kingdom Legal Ai Software Market Estimate by Application (USD MN)
- France Legal Ai Software Market Analysis by Component (USD MN)
- France Legal Ai Software Market Estimate by Technology (USD MN)
- France Legal Ai Software Market Estimate by Deployment (USD MN)
- France Legal Ai Software Market Estimate by End User (USD MN)
- France Legal Ai Software Market Estimate by Application (USD MN)
- Germany Legal Ai Software Market Analysis by Component (USD MN)
- Germany Legal Ai Software Market Estimate by Technology (USD MN)
- Germany Legal Ai Software Market Estimate by Deployment (USD MN)
- Germany Legal Ai Software Market Estimate by End User (USD MN)
- Germany Legal Ai Software Market Estimate by Application (USD MN)
- Rest of Europe Legal Ai Software Market Analysis by Component (USD MN)
- Rest of Europe Legal Ai Software Market Estimate by Technology (USD MN)
- Rest of Europe Legal Ai Software Market Estimate by Deployment (USD MN)
- Rest of Europe Legal Ai Software Market Estimate by End User (USD MN)
- Rest of Europe Legal Ai Software Market Estimate by Application (USD MN)
- Asia Pacific Legal Ai Software Market Analysis by Component (USD MN)
- Asia Pacific Legal Ai Software Market Estimate by Technology (USD MN)
- Asia Pacific Legal Ai Software Market Estimate by Deployment (USD MN)
- Asia Pacific Legal Ai Software Market Estimate by End User (USD MN)
- Asia Pacific Legal Ai Software Market Estimate by Application (USD MN)
- Asia Pacific Legal Ai Software Market Estimate by Country (USD MN)
- China Legal Ai Software Market Analysis by Component (USD MN)
- China Legal Ai Software Market Estimate by Technology (USD MN)
- China Legal Ai Software Market Estimate by Deployment (USD MN)
- China Legal Ai Software Market Estimate by End User (USD MN)
- China Legal Ai Software Market Estimate by Application (USD MN)
- Japan Legal Ai Software Market Analysis by Component (USD MN)
- Japan Legal Ai Software Market Estimate by Technology (USD MN)
- Japan Legal Ai Software Market Estimate by Deployment (USD MN)
- Japan Legal Ai Software Market Estimate by End User(USD MN)
- Japan Legal Ai Software Market Estimate by Application (USD MN)
- India Legal Ai Software Market Analysis by Component (USD MN)
- India Legal Ai Software Market Estimate by Technology (USD MN)
- India Legal Ai Software Market Estimate by Deployment (USD MN)
- India Legal Ai Software Market Estimate by End User (USD MN)
- India Legal Ai Software Market Estimate by Application (USD MN)
- Rest of Asia Pacific Legal Ai Software Market Analysis by Component (USD MN)
- Rest of Asia Pacific Legal Ai Software Market Estimate by Technology (USD MN)
- Rest of Asia Pacific Legal Ai Software Market Estimate by Deployment (USD MN)
- Rest of Asia Pacific Legal Ai Software Market Estimate by End User (USD MN)
- Rest of Asia Pacific Legal Ai Software Market Estimate by Application (USD MN)
- Latin America Legal Ai Software Market Analysis by Component (USD MN)
- Latin America Legal Ai Software Market Estimate by Technology (USD MN)
- Latin America Legal Ai Software Market Estimate by Deployment (USD MN)
- Latin America Legal Ai Software Market Estimate by End User (USD MN)
- Latin America Legal Ai Software Market Estimate by Application (USD MN)
- Latin America Legal Ai Software Market Estimate by Country (USD MN)
- Brazil Legal Ai Software Market Analysis by Component (USD MN)
- Brazil Legal Ai Software Market Estimate by Technology (USD MN)
- Brazil Legal Ai Software Market Estimate by Deployment (USD MN)
- Brazil Legal Ai Software Market Estimate by End User (USD MN)
- Brazil Legal Ai Software Market Estimate by Application (USD MN)
- Rest of Latin America Legal Ai Software Market Analysis by Component (USD MN)
- Rest of Latin America Legal Ai Software Market Estimate by Technology (USD MN)
- Rest of Latin America Legal Ai Software Market Estimate by Deployment (USD MN)
- Rest of Latin America Legal Ai Software Market Estimate by End User (USD MN)
- Rest of Latin America Legal Ai Software Market Estimate by Application (USD MN)
- Middle East & Africa Legal Ai Software Market Analysis by Component (USD MN)
- Middle East & Africa Legal Ai Software Market Estimate by Technology (USD MN)
- Middle East & Africa Legal Ai Software Market Estimate by Deployment (USD MN)
- Middle East & Africa Legal Ai Software Market Estimate by End User (USD MN)
- Middle East & Africa Legal Ai Software Market Estimate by Application (USD MN)
- Middle East & Africa Legal Ai Software Market Estimate by Country (USD MN)
- Middle East Legal Ai Software Market Analysis by Component (USD MN)
- Middle East Legal Ai Software Market Estimate by Technology (USD MN)
- Middle East Legal Ai Software Market Estimate by Deployment (USD MN)
- Middle East Legal Ai Software Market Estimate by End User (USD MN)
- Middle East Legal Ai Software Market Estimate by Application (USD MN)
- Africa Legal Ai Software Market Analysis by Component (USD MN)
- Africa Legal Ai Software Market Estimate by Technology (USD MN)
- Africa Legal Ai Software Market Estimate by Deployment (USD MN)
- Africa Legal Ai Software Market Estimate by End User (USD MN)
- Africa Legal Ai Software Market Estimate by Application (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
- New Product Launch
- Other Developments
- Company Market Share Analysis, 2019
LIST OF FIGURES
- Research Scope of Legal Ai Software Report
- Market Research Process
- Market Research Methodology
- Global Legal Ai Software Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Component
- Market Attractiveness Analysis by Technology
- Market Attractiveness Analysis by Deployment
- Market Attractiveness Analysis by End User
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Legal Ai Software Market Analysis by Component (USD MN)
- Global Legal Ai Software Market Analysis in Solutions by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Services by Geography (USD MN)
- Global Legal Ai Software Market Analysis by Technology (USD MN)
- Global Legal Ai Software Market Analysis in Machine Learning and Deep Learning by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Natural Language Processing by Geography (USD MN)
- Global Legal Ai Software Market Analysis by Deployment (USD MN)
- Global Legal Ai Software Market Analysis in Cloud by Geography (USD MN)
- Global Legal Ai Software Market Analysis in On-Premises by Geography (USD MN)
- Global Legal Ai Software Market Analysis by End User (USD MN)
- Global Legal Ai Software Market Analysis in Corporate Legal Departments by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Law Firms by Geography (USD MN)
- Global Legal Ai Software Market Analysis by Application (USD MN)
- Global Legal Ai Software Market Analysis in EDiscovery by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Legal Research by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Contract Management by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Compliance by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Case Prediction by Geography (USD MN)
- Global Legal Ai Software Market Analysis in Others by Geography (USD MN)
- Latin America Legal Ai Software Market by Revenue
- Middle East & Africa Legal Ai Software Market by Revenue
- Recent Development in Legal Ai Software Industry
- Company Market Share Analysis, 2019
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.