The North American legal tech market is forecast to grow at a compound annual growth rate (CAGR) of 4.68 percent for the period between 2021 and 2027. The legal tech market in the European region is set to experience the highest CAGR, growing by 5.2 percent for the time period studied.
Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region
Legal tech, or LawTech, refers to the use of technology and software to provide legal services and support the legal industry.
Out of scope: specific HR-services (HR-tech), and software for purely archiving/searching legal documents or contracts (legal-software).
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Statista. (December 11, 2020). Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region [Graph]. In Statista. Retrieved November 13, 2024, from https://www.statista.com/statistics/1155907/legal-tech-market-revenue-cagr-by-region-worldwide/
Statista. "Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region." Chart. December 11, 2020. Statista. Accessed November 13, 2024. https://www.statista.com/statistics/1155907/legal-tech-market-revenue-cagr-by-region-worldwide/
Statista. (2020). Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region. Statista. Statista Inc.. Accessed: November 13, 2024. https://www.statista.com/statistics/1155907/legal-tech-market-revenue-cagr-by-region-worldwide/
Statista. "Legal Tech Market Revenue Compound Annual Growth Rate (Cagr) Worldwide from 2021 to 2027, by Region." Statista, Statista Inc., 11 Dec 2020, https://www.statista.com/statistics/1155907/legal-tech-market-revenue-cagr-by-region-worldwide/
Statista, Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region Statista, https://www.statista.com/statistics/1155907/legal-tech-market-revenue-cagr-by-region-worldwide/ (last visited November 13, 2024)
Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region [Graph], Statista, December 11, 2020. [Online]. Available: https://www.statista.com/statistics/1155907/legal-tech-market-revenue-cagr-by-region-worldwide/
