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).
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 21, 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 21, 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 21, 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 21, 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/