In 2021, the North American B2B legal tech market had an economic impact of just over 53 billion U.S. dollars, with forecasts suggesting that this will rise to over 98 billion U.S. dollars by 2027. In Europe, the B2B legal tech market had an economic impact of just over 31 billion U.S. dollars in 2021.
Legal tech B2B market economic impact worldwide from 2021 to 2027, by region
(in billion U.S. dollars)
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 B2B market economic impact worldwide from 2021 to 2027, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1156015/legal-tech-b2b-market-economic-impact-by-region/
Statista. "Legal tech B2B market economic impact worldwide from 2021 to 2027, by region (in billion U.S. dollars)." Chart. August 10, 2022. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1156015/legal-tech-b2b-market-economic-impact-by-region/
Statista. (2022). Legal tech B2B market economic impact worldwide from 2021 to 2027, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1156015/legal-tech-b2b-market-economic-impact-by-region/
Statista. "Legal Tech B2b Market Economic Impact Worldwide from 2021 to 2027, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Aug 2022, https://www.statista.com/statistics/1156015/legal-tech-b2b-market-economic-impact-by-region/
Statista, Legal tech B2B market economic impact worldwide from 2021 to 2027, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1156015/legal-tech-b2b-market-economic-impact-by-region/ (last visited November 12, 2024)
Legal tech B2B market economic impact worldwide from 2021 to 2027, by region (in billion U.S. dollars) [Graph], Statista, August 10, 2022. [Online]. Available: https://www.statista.com/statistics/1156015/legal-tech-b2b-market-economic-impact-by-region/
