Pune, India -- (SBWIRE) -- 09/03/2019 -- The research study examines the Legal Analytics on the basis of a number of criteria, such as the product type, application, and its geographical presence.
Global Legal Analytics Market Overview:
The Global Legal Analytics Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Legal Analytics market size to maintain the average annual growth rate of 32.70% from US$ 193 Million in 2014 to US$ 451 Million in 2018, market analysts believe that in the next few years, Legal Analytics market size will be further expanded, we expect that by 2023, The market size of the Legal Analytics will reach US$ 1859 Million.
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According to the market study, the most significant key factors driving the growth of the Global Legal Analytics Market are increasing demand for automation in legal analytics for data-driven decision-making and increase in productivity and revenue of law firms.
The Global Legal Analytics Market is segmented on the basis of Component, Analytics Type, Case Type, Deployment Model, End User and Region. Legal Analytics market is cover distinctive segment market estimate, both volume and value, also cover diverse businesses customers' data, which is imperative for the makers.
Based on the Component, the Global Legal Analytics Market is sub-segmented into Solution, Services and others. On the basis of Analytics Type, the Global Legal Analytics Market is classified into Descriptive Analytics, Prescriptive Analytics, Predictive Analytics and others. Based on the Case Type, the Global Legal Analytics Market is sub-segmented into Commercial Case Management, Intellectual Property Management, Antitrust Management and others. On the basis of Deployment Model, the Global Legal Analytics Market is divided into On-Premises, On-Demand and others. Based on the End User, the Global Legal Analytics Market is classified into Corporate, Law Firms and others.
Latest Business News:
UnitedLex (June 24, 2019) – UnitedLex Bolsters Asia-Pacific Service Delivery With Australia Office – UnitedLex, the pioneer of the enterprise legal services model driving transformation throughout the entire legal ecosystem, today announced the expansion of its Asia-Pacific presence with the opening of its Adelaide, Australia, regional delivery center.
Led by Nick Boymal, UnitedLex's vice president of Digital Contracting & Commercial Solutions for Asia-Pacific, the Adelaide team of eight attorneys and contract professionals joins 20 professionals in Australia to provide digital contracting services supporting global clients, including DXC Technology and its Australia operations.
"Whilst Australia has a vibrant legal tech industry, many of its in-house legal departments have been slow to embrace new technologies and processes. We expect this to change soon, as Australian GCs are increasingly being asked to provide more support with less resources," Boymal said. "With the expansion of our Australia operations, UnitedLex is well-positioned to deliver innovation, excellence, efficiency, and cost-effectiveness to Australian law departments in multiple industries."
Top Leading Key in Players Global Legal Analytics Market: Wolters Kluwer, Thomson Reuters, Mindcrest, Unitedlex, Argopoint, Lexisnexis, Premonition, CPA Global, Analytics Consulting Llc, The Bureau Of National Affairs (Bna), IBM, Wipro and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
With the presence of a large pool of participants, the Global Legal Analytics Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Wolters Kluwer, Thomson Reuters, Mindcrest, Unitedlex, Argopoint, Lexisnexis, Premonition, CPA Global, Analytics Consulting Llc, The Bureau Of National Affairs (Bna), IBM, Wipro are some of the key vendors of Legal Analytics across the world. These players across Legal Analytics Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.
Region segment: Legal Analytics Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Legal Analytics in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Legal Analytics Market.
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Major Points in Table of Contents:
Global Legal Analytics Market Report 2019
1 Legal Analytics Definition
2 Global Legal Analytics Market Major Player Share and Market Overview
2.1 Global Major Player Legal Analytics Business Revenue
2.2 Global Legal Analytics Market Overview
3 Major Player Legal Analytics Business Introduction
3.1 Wolters Kluwer Legal Analytics Business Introduction
3.2 Thomson Reuters Legal Analytics Business Introduction
3.3 Mindcrest Legal Analytics Business Introduction
3.4 Unitedlex Legal Analytics Business Introduction
3.5 Argopoint Legal Analytics Business Introduction
3.6 Lexisnexis Legal Analytics Business Introduction
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