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Legal Analytics Market Size USD 1,858.9million by 2022

07-21-2017 09:54 AM CET | IT, New Media & Software

Press release from: RnR market research

Legal Analytics Market

Legal Analytics Market

Legal Analytics Market by type 2017-2022 by new Service spreads across 111 pages profiling 13 companies and supported with 41 tables and 54 figures available at rnrmarketresearch.com

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“The growing demand for automation in legal analytics for data-driven decision-making is one of the key factors that is expected to drive the legal analytics market”
The legal analytics market is projected to grow from USD 451.1million in 2017 to USD 1,858.9million by 2022, at a Compound Annual Growth Rate (CAGR) of 32.7% during the forecast period. Factors, such as increase in productivity and revenue of law firms, and growing demand for automation in legal analytics for data-driven decision-making are expected to drive the legal analytics market. Lack of awareness about legal analytics among litigators and law schools can restrain the growth of the market.

“Based on component, the service segment is estimated to lead the legal analytics market in 2017”
Based on component, the services segment is estimated to lead the legal analytics market in 2017.By deploying legal analytics services, users, such as corporate, law firms, and others, can analyze data by using predictive analytics, prescriptive analytics, and descriptive analytics to add value to their business.

Legal Analytics Market, By Component

Introduction
Solution
Services

Legal Analytics Market, By Analytics Type

Introduction
Descriptive Analytics
Prescriptive Analytics
Predictive Analytics

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Fundamentals of Table of Content:

8 Legal Analytics Market, By Case Type

8.1 Introduction
8.2 Intellectual Property Management
8.3 Antitrust Management
8.4 Commercial Case Management
8.5 Others

9 Legal Analytics Market, By Deployment Model

9.1 Introduction
9.2 On-Premises
9.3 On-Demand

13 Company Profiles

(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships)*
13.1 Wolters Kluwer
13.2 Thomson Reuters
13.3 Mindcrest, Inc.
13.4 Unitedlex Corporation
13.5 Argopoint LLC.
13.6 Lexisnexis
13.7 Premonition
13.8 CPA Global
13.9 Analytics Consulting LLC
13.10 The Bureau of National Affairs (BNA), Inc.
13.11 International Business Machines (IBM) Corporation
13.12 Wipro Limited
13.13 Key Innovators

*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.

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