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[111 Pages Report] Legal Analytics Market categorizes the global market by component as Solution & services, analytics type deployment model, end user and by region.
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Legal Analytics Market is expected to grow $1,858.9 Million by 2022
Scope of The Report The research report categorizes the Legal Analytics Market to forecast the revenues and analyse the trends in each of the following subsegments: • Corporates • Law Firms • Others • Descriptive Analytics • Prescriptive Analytics • Predictive Analytics • Commercial Case Management • Intellectual Property Management • Antitrust Management • Others* (Security Litigation and Class Action Suits) By End User By Analytics Type By Case Type And More…
Key Target Audience for Legal Analytics Market • Legal Analytics Vendors • Managed Service Providers • LPO Service Providers • Artificial Intelligence (AI) Solution Providers • Predictive Analytics Providers • Third-party Vendors • Technology Providers
Key Segments The legal analytics market is expected to grow from $451.1 Million in 2017 to $1,858.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 32.7% from 2017 to 2022. 1 The market is primarily driven by the growing demand for automation in legal analytics for data-driven decision-making, and increase in productivity and revenue of law firms. 2 Based on component, the services segment of the legal analytics market is expected to witness the highest growth during the forecast period 3 Based on analytics type, the predictive analytics segment of the legal analytics market is expected to grow at the highest CAGR during the forecast period 4 5 Based on case type, the commercial case management segment of the market is expected to grow at the highest CAGR during the forecast period
Market Growth Rate CAGR 2017 2022 Market Size of $451.1 Million Market Size of $1,858.9 Million 32.7%
Key Vendors Major Players • Wolters Kluwer (Netherlands) • Thomson Reuters (Canada) • MindCrest, Inc. (US) • UnitedLex Corporation (US) • Argopoint LLC (US) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/legal-analytics-market-85524032.html
Major Regions • North America • Europe • APAC • MEA • Latin America • North America is expected to hold the largest market share. • Asia Pacific (APAC) is expected to provide opportunities for debt collection software providers and grow at the highest CAGR
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