Global Legal Ai Market Size & Outlook, 2024-2030
Global legal ai market, 2018-2030 (US$M)
Related Markets
Global legal ai market highlights
- The global legal ai market generated a revenue of USD 1,445.0 million in 2024 and is expected to reach USD 3,918.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 17.3% by 2030.
- In terms of segment, solution accounted for a revenue of USD 1,331.8 million in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 1,445.0 million |
| Market revenue in 2030 | USD 3,918.0 million |
| Growth rate | 17.3% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 46.2% of the global legal ai market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 106.3 million by 2030.
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Legal AI Market Scope
Legal AI Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TimeSolv | View profile | 11-50 | Eagan, Minnesota, United States, North America | https://www.TimeSolv.com |
| Practice Insight | View profile | 11-50 | Houston, Texas, United States, North America | http://www.practiceinsight.net/ |
| Lawyaw | View profile | 1-10 | San Francisco, California, United States, North America | https://www.lawyaw.com |
| Luminance | View profile | 101-250 | Cambridge, Cambridgeshire, United Kingdom, Europe | https://www.luminance.com/ |
| LegalSifter | View profile | 11-50 | Pittsburgh, Pennsylvania, United States, North America | http://www.legalsifter.com/ |
| Knovos | View profile | 251-500 | Fairfax, Virginia, United States, North America | https://www.knovos.com/ |
| Icertis | View profile | 1001-5000 | Bellevue, Washington, United States, North America | https://www.icertis.com |
| Filevine | View profile | 501-1000 | Salt Lake City, Utah, United States, North America | http://filevine.com |
| CosmoLex | View profile | 11-50 | North Brunswick, New Jersey, United States, North America | https://www.cosmolex.com |
| Everlaw | View profile | 251-500 | Oakland, California, United States, North America | http://everlaw.com |
| DocuSign Inc | View profile | 6840 | 221 Main Street, Suite 1550, San Francisco, CA, United States, 94105 | https://www.docusign.com |
| Thomson Reuters Corp | View profile | 25600 | 19 Duncan Street, Suite 300, Toronto, ON, Canada, M5H 3H1 | https://www.thomsonreuters.com |
| Veritone Inc | View profile | 696 | 1615 Platte Street, 2nd Floor, Denver, CO, United States, 80202 | https://www.veritone.com |
| RELX PLC ADR | View profile | 36500 | 1-3 Strand, London, United Kingdom, WC2N 5JR | https://www.relx.com |
| Open Text Corp | View profile | 23700 | 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1 | https://www.opentext.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Global legal ai market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to legal ai market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 92.17% in 2024. Horizon Databook has segmented the Global legal ai market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Legal AI Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Cloud-based
- On-Premises
- Services
- Consulting Services
- Support Services
- Others
- Solution
- Global Legal AI Application Outlook (Revenue, USD Million, 2018-2030)
- E-Discovery
- Legal Research
- Analytics
- Compliance and Regulatory Monitoring
- Document Drafting and Review
- Contract Management
- Legal Chatbots
- Others
- Global Legal AI Technology Outlook (Revenue, USD Million, 2018-2030)
- Natural Language Processing
- Machine Learning and Deep Learning
- Global Legal AI End Use Outlook (Revenue, USD Million, 2018-2030)
- Law Firms
- Corporate Legal Departments
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global legal ai market , including forecasts for subscribers. This global databook contains high-level insights into Global legal ai market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global legal ai market size, by regions, 2018-2030 (US$M)
Top 10 countries: Legal ai market size, 2024 (US$M)
Global legal ai market share, by component, 2024 & 2030 (%, US$M)
Legal ai market: Opportunity assessment by country
Global legal ai market, by region, 2024 (US$M)
Related statistics
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