legal tech startup market, which generated 5.4 billion U.S. dollars in 2021, is forecast to grow at a compound annual growth rate (CAGR) of 3.7 percent for the period to 2027, with revenues set to reach 6.7 billion U.S. dollars at the end of this period.
In 2021, the legal tech market generated revenues of 27.6 billion U.S. dollars worldwide, with incumbents generating 22.2 billion U.S. dollar toward the total. The Legal tech market revenue worldwide from 2021 to 2027, by business type (in billion U.S. dollars)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Premium Statistic AI funding worldwide 2011-2023, by quarter
- Basic Statistic AI startup acquisitions by company 2010-2021
- Premium Statistic Number of AI investments by investor as of April 2021
- Premium Statistic AI funding worldwide cumulative through September 2019, by category
- Premium Statistic Funding of AI startups in Israel 2013-2019
- Premium Statistic Artificial Intelligence investment deals United States 2013-2019
- Premium Statistic AI average funding event size worldwide 2013-2019, by quarter
- Premium Statistic Funding of AI startups in Israel by segment 2013-2018
- Premium Statistic AI retail startup equity funding worldwide 2013-2018, by quarter
- Premium Statistic Most well funded AI healthcare startups in Israel 2018
About the region
10
- Premium Statistic Law firms' IT security measures used worldwide 2015-2019
- Premium Statistic Share of law firms worldwide using machine learning tools by strategy 2018-2019
- Premium Statistic Change over the next year of cloud based technology use by laws firms worldwide 2019
- Premium Statistic Laws firms' top barriers to moving their technology to the cloud worldwide 2015-2019
- Basic Statistic Laws firms' leading barriers to AFAs worldwide 2018
- Premium Statistic Technology concepts likely to increase efficiency in law firms worldwide 2018
- Premium Statistic Factors driving cloud technology adoption by law firms worldwide 2018
- Premium Statistic Challenges of using international law firms worldwide 2018
- Premium Statistic Benefits of using international law firms worldwide 2018
- Premium Statistic Distribution of the headcount of the leading global law firms by region 2018
Other regions
10
- Basic Statistic Gross revenue of Fenwick & West 2015-2022
- Premium Statistic Top challenges for law firms worldwide 2020
- Premium Statistic Highest-grossing law firms in China 2019
- Premium Statistic Attorneys in the U.S. earning supplemental income by practice area 2018
- Premium Statistic Top challenges of EMEA law firms 2018
- Premium Statistic Startup funding in the Nordic countries 2012-2016
- Premium Statistic Startup funding in the Nordic countries 2016 by country
- Premium Statistic Gross revenue of Blake, Cassels & Graydon 2015-2022
- Premium Statistic Brazil: leading taxi apps by number of users 2020
- Premium Statistic Number of active investors in Swedish tech startups 2015-2017
Related statistics
10
- Premium Statistic Gross revenue of Cooley 2015-2022
- Premium Statistic Revenue per lawyer of Wilson Sonsini Goodrich & Rosati 2015-2022
- Premium Statistic Gross revenue of Wilson Sonsini Goodrich & Rosati 2015-2022
- Premium Statistic Revenue per lawyer of Cooley 2015-2022
- Basic Statistic Revenue per lawyer of Fenwick & West 2015-2022
- Premium Statistic U.S. law firms with the highest percentage of African-American attorneys 2021
- Premium Statistic U.S. law firms with the highest percentage of Hispanic attorneys 2021
- Premium Statistic U.S. law firms with the highest percentage of minority attorneys 2021
- Premium Statistic Revenue of the leading second hundred U.S. law firms 2020
- Premium Statistic Law firms' leading cyber-security methods worldwide 2018
Further Content: You might find this interesting as well
Statistics
Statista. (August 10, 2022). Legal tech market revenue worldwide from 2021 to 2027, by business type (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1168096/legal-tech-market-revenue-by-business-type-worldwide/
Statista. "Legal tech market revenue worldwide from 2021 to 2027, by business type (in billion U.S. dollars)." Chart. August 10, 2022. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1168096/legal-tech-market-revenue-by-business-type-worldwide/
Statista. (2022). Legal tech market revenue worldwide from 2021 to 2027, by business type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1168096/legal-tech-market-revenue-by-business-type-worldwide/
Statista. "Legal Tech Market Revenue Worldwide from 2021 to 2027, by Business Type (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Aug 2022, https://www.statista.com/statistics/1168096/legal-tech-market-revenue-by-business-type-worldwide/
Statista, Legal tech market revenue worldwide from 2021 to 2027, by business type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1168096/legal-tech-market-revenue-by-business-type-worldwide/ (last visited June 01, 2024)
Legal tech market revenue worldwide from 2021 to 2027, by business type (in billion U.S. dollars) [Graph], Statista, August 10, 2022. [Online]. Available: https://www.statista.com/statistics/1168096/legal-tech-market-revenue-by-business-type-worldwide/