The North American legal tech B2B market is forecast to grow at a compound annual growth rate (CAGR) of 4.79 percent for the period between 2021 and 2027. The legal tech B2B market in Europe is set to experience a CAGR of 4.78 percent for the time period studied, whilst the B2C market in Europe is forecast to grow at a CAGR of 7.82 percent.
Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region & segment
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. (August 10, 2022). Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region & segment [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1155947/legal-tech-b2b-b2c-market-revenue-cagr-by-region-worldwide/
Statista. "Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region & segment." Chart. August 10, 2022. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1155947/legal-tech-b2b-b2c-market-revenue-cagr-by-region-worldwide/
Statista. (2022). Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region & segment. Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1155947/legal-tech-b2b-b2c-market-revenue-cagr-by-region-worldwide/
Statista. "Legal Tech Market Revenue Compound Annual Growth Rate (Cagr) Worldwide from 2021 to 2027, by Region & Segment." Statista, Statista Inc., 10 Aug 2022, https://www.statista.com/statistics/1155947/legal-tech-b2b-b2c-market-revenue-cagr-by-region-worldwide/
Statista, Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region & segment Statista, https://www.statista.com/statistics/1155947/legal-tech-b2b-b2c-market-revenue-cagr-by-region-worldwide/ (last visited December 18, 2024)
Legal tech market revenue compound annual growth rate (CAGR) worldwide from 2021 to 2027, by region & segment [Graph], Statista, August 10, 2022. [Online]. Available: https://www.statista.com/statistics/1155947/legal-tech-b2b-b2c-market-revenue-cagr-by-region-worldwide/