Legal AI Software Market by Component (Services and Solutions), Deployment Mode, Technology, Application (Legal Research, Contract Management, eDiscovery), End User (Law Firms and Corporate Legal Departments), and Geography – 2019 to 2024

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Published on: May 16, 2019
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OVERVIEW

The legal market size for AI software is expected to hit USD 1,345 million by 2024, growing 32.2% over the forecast period. Major market growth includes increasing demand for service and automation of AI-powered customer support.

Legal AI Software Market by Component (Services and Solutions), Deployment Mode, Technology, Application (Legal Research, Contract Management, eDiscovery), End User (Law Firms and Corporate Legal Departments), and Geography - 2019 to 2024 1

Legal AI Software Market by Component (Services and Solutions), Deployment Mode, Technology, Application (Legal Research, Contract Management, eDiscovery), End User (Law Firms and Corporate Legal Departments), and Geography - 2019 to 2024 2

Legal AI Software Market by Component (Services and Solutions), Deployment Mode, Technology, Application (Legal Research, Contract Management, eDiscovery), End User (Law Firms and Corporate Legal Departments), and Geography - 2019 to 2024 3

Legal AI Software Market by Component (Services and Solutions), Deployment Mode, Technology, Application (Legal Research, Contract Management, eDiscovery), End User (Law Firms and Corporate Legal Departments), and Geography - 2019 to 2024 4

Legal AI Software Market by Component (Services and Solutions), Deployment Mode, Technology, Application (Legal Research, Contract Management, eDiscovery), End User (Law Firms and Corporate Legal Departments), and Geography - 2019 to 2024 5

Legal AI Software Market by Component (Services and Solutions), Deployment Mode, Technology, Application (Legal Research, Contract Management, eDiscovery), End User (Law Firms and Corporate Legal Departments), and Geography - 2019 to 2024 6

Legal AI Software Market by Component (Services and Solutions), Deployment Mode, Technology, Application (Legal Research, Contract Management, eDiscovery), End User (Law Firms and Corporate Legal Departments), and Geography - 2019 to 2024 7

Legal AI Software Market by Component (Services and Solutions), Deployment Mode, Technology, Application (Legal Research, Contract Management, eDiscovery), End User (Law Firms and Corporate Legal Departments), and Geography - 2019 to 2024 8

TABLE OF CONTENT

1 Global Legal AI Software Market 
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Legal AI Software Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Legal AI Software Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Legal AI Software Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Legal AI Software Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Legal AI Software Market – By Component (Market Size – & million/billion)
7.1 Services
7.2 Solution

8 Global Legal AI Software Market – By Deployment Mode
8.1 On-Premises
8.2 Cloud

9 Global Legal AI Software Market – By Organization Size
9.1 SMEs
9.2 Large Enterprises

10 Global Legal AI Software Market – By Application
10.1 eDiscovery
10.2 Legal Research
10.3 Contract Management
10.4 Compliance
10.5 Case Prediction
10.6 Others

11 Global Legal AI Software Market – By End-User
11.1 Corporate Legal Departments
11.2 Law Firms
11.3 Others

12 Global Legal AI Software Market – By Geography (Market Size – & million/billion)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 U.K
12.3.2 Germany
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Rest of the World
12.5.1 South America
12.5.2 Middle East
12.5.3 Africa

13 Global Legal AI Software Market – Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships

14 Global Legal AI Software Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 IBM
14.3 Opentext
14.4 Thomson Reuters
14.5 Lexisnexis
14.6 Neota Logic
14.7 Veritone
14.8 Everlaw
14.9 Ross Intelligence
14.10 Luminance
14.11 Legalsifter
14.12 Company 11 & more

15 Global Legal AI Software Market – Appendix
15.1 Sources
15.2 Abbreviations