Global Legal Analytics Market Insights: Impact of COVID-19 and Future Expectations to 2025

The Legal Analytics market revenue was 644 Million USD in 2019, and will reach 3294 Million USD in 2025, with a CAGR of 31.25% during 2020-2025. Legal analytics is the application of data analysis methods and technologies within the field of law to improve efficiency, gain insight and realize greater value from available data.

Similar to business analytics (BA) in other sectors, legal analytics are used to yield actionable information that can improve processes and increase efficiency. Legal analytics are implemented to give a law firm a competitive advantage and drive corporate profits.
This report elaborates the market size, market characteristics, and market growth of the Legal Analytics industry, and breaks down according to the type, application, and consumption area of Legal Analytics. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.

In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Legal Analytics in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.

Key players in the global Legal Analytics market covered in Chapter 11:
UnitedLex Corporation
Argopoint LLC
Wolters Kluwer
CPA Global
Analytics Consulting LLC
Thomson Reuters
PREMONITION
MindCrest, Inc.
Wipro Limited
IBM Corporation
LexisNexis
The Bureau of National Affairs (BNA) Inc.

In Chapter 3, on the basis of types, the Legal Analytics market from 2015 to 2025 is primarily split into:
Descriptive Analytics
Prescriptive Analytics
Predictive Analytics

In Chapter 4, on the basis of applications, the Legal Analytics market from 2015 to 2025 covers:
Corporates
Law Firms
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:
North America (Covered in Chapter 6)
United States
Canada
Mexico
Europe (Covered in Chapter 7)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8)
China
Japan
South Korea
Australia
India
Middle East and Africa (Covered in Chapter 9)
Saudi Arabia
UAE
Egypt
South Africa
South America (Covered in Chapter 10)
Brazil
Argentina
Columbia

Years considered for this report:


Historical Years:

2015-2019

Base Year:

2019

Estimated Year:

2020

Forecast Period:

2020-2025

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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Maia-17689127

17-Mar-2021

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