The Asia Pacific Legal Technology Market would witness market growth of 10.3% CAGR during the forecast period (2023-2030).
Cloud-based solutions, together with big data, make it easier for attorneys and clients to share documents and data across many platforms instead of only email. Businesses can gain considerable advantages by carefully transferring their data to the cloud. Indeed, most legal technology developments are based on the cloud, from hyper-automation to collaboration applications like virtual whiteboards to machine learning to make the most of historical data databases. By purchasing advanced VoIP telephone systems with voice-over-internet protocol (VoIP) capabilities, for instance, businesses may upgrade their office phone systems.
Softphones allow scattered teams to oversee their legal cases and stay in touch with clients, coworkers, and each other from anywhere. Using legal technology solutions implemented in legal firms, a thorough analysis can be finished in a couple of minutes. As an illustration, consider quick calculations, sophisticated reporting, caseload management, case turnover management, etc. The grade of legal services is raised by quick information processing, and lawyers are spared from completing mundane administrative work, which stimulates the market.
Asia has seen a rise in the importance of startups as a business model. For many years, India has been a pioneer in the growth of startups. According to a paper published by Asian Development Bank in 2020, 50,000 startups are thought to exist in India in 2020, consisting of 19 unicorns. Additionally, with a focus on e-commerce, foodtech, media, logistics, fintech, and online travel, Viet Nam was also home to 2,000–3,000 startups. Furthermore, in places such as Australia, the market has experienced a resurgence because of an ideal situation of improving underlying technology, falling cost of technology development, and the growth of legal entrepreneurs. Hence, the region presents lucrative growth opportunities for market growth.
The China market dominated the Asia Pacific Legal Technology Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,717.4 million by 2030. The Japan market is estimated to grow at a CAGR of 9.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 11% during (2023 - 2030).
Based on Solution, the market is segmented into Software (On-premise and Cloud), and Services. Based on End User, the market is segmented into Law Firms, Corporate Legal Departments, and Others. Based on Type, the market is segmented into Contract Lifecycle Management, E-discovery, Compliance, Practice Management, Document Management, Legal Research, Analytics, Time-Tracking & Billing, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Legal Technology Market is Projected to reach USD 45.1 Billion by 2030, at a CAGR of 9.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Icertis, Inc., DocuSign, Inc., Knovos, LLC, RELX PLC (LexisNexis Risk Solutions, Inc.), Filevine, Inc., Casetext, Inc., ProfitSolv Corporation, Anaqua, Inc. (WiseTime), Paradigm and Everlaw, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Solution
By End User
- Law Firms
- Corporate Legal Departments
- Others
By Type
- Contract Lifecycle Management
- E-discovery
- Compliance
- Practice Management
- Document Management
- Legal Research
- Analytics
- Time-Tracking & Billing
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Icertis, Inc.
- DocuSign, Inc.
- Knovos, LLC
- RELX PLC (LexisNexis Risk Solutions, Inc.)
- Filevine, Inc.
- Casetext, Inc.
- ProfitSolv Corporation
- Anaqua, Inc. (WiseTime)
- Paradigm
- Everlaw, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Legal Technology Market, by Solution
1.4.2 Asia Pacific Legal Technology Market, by End User
1.4.3 Asia Pacific Legal Technology Market, by Type
1.4.4 Asia Pacific Legal Technology Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Mar – 2023, May) Leading Players
Chapter 4. Asia Pacific Legal Technology Market by Solution
4.1 Asia Pacific Software Market by Country
4.2 Asia Pacific Legal Technology Market by Software Type
4.2.1 Asia Pacific On-premise Market by Country
4.2.2 Asia Pacific Cloud Market by Country
4.3 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific Legal Technology Market by End-user
5.1 Asia Pacific Law Firms Market by Country
5.2 Asia Pacific Corporate Legal Departments Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Legal Technology Market by Type
6.1 Asia Pacific Contract Lifecycle Management Market by Country
6.2 Asia Pacific E-discovery Market by Country
6.3 Asia Pacific Compliance Market by Country
6.4 Asia Pacific Practice Management Market by Country
6.5 Asia Pacific Document Management Market by Country
6.6 Asia Pacific Legal Research Market by Country
6.7 Asia Pacific Analytics Market by Country
6.8 Asia Pacific Time-Tracking & Billing Market by Country
6.9 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Legal Technology Market by Country
7.1 China Legal Technology Market
7.1.1 China Legal Technology Market by Solution
7.1.1.1 China Legal Technology Market by Software Type
7.1.2 China Legal Technology Market by End-user
7.1.3 China Legal Technology Market by Type
7.2 Japan Legal Technology Market
7.2.1 Japan Legal Technology Market by Solution
7.2.1.1 Japan Legal Technology Market by Software Type
7.2.2 Japan Legal Technology Market by End-user
7.2.3 Japan Legal Technology Market by Type
7.3 India Legal Technology Market
7.3.1 India Legal Technology Market by Solution
7.3.1.1 India Legal Technology Market by Software Type
7.3.2 India Legal Technology Market by End-user
7.3.3 India Legal Technology Market by Type
7.4 South Korea Legal Technology Market
7.4.1 South Korea Legal Technology Market by Solution
7.4.1.1 South Korea Legal Technology Market by Software Type
7.4.2 South Korea Legal Technology Market by End-user
7.4.3 South Korea Legal Technology Market by Type
7.5 Singapore Legal Technology Market
7.5.1 Singapore Legal Technology Market by Solution
7.5.1.1 Singapore Legal Technology Market by Software Type
7.5.2 Singapore Legal Technology Market by End-user
7.5.3 Singapore Legal Technology Market by Type
7.6 Malaysia Legal Technology Market
7.6.1 Malaysia Legal Technology Market by Solution
7.6.1.1 Malaysia Legal Technology Market by Software Type
7.6.2 Malaysia Legal Technology Market by End-user
7.6.3 Malaysia Legal Technology Market by Type
7.7 Rest of Asia Pacific Legal Technology Market
7.7.1 Rest of Asia Pacific Legal Technology Market by Solution
7.7.1.1 Rest of Asia Pacific Legal Technology Market by Software Type
7.7.2 Rest of Asia Pacific Legal Technology Market by End-user
7.7.3 Rest of Asia Pacific Legal Technology Market by Type
Chapter 8. Company Profiles
8.1 Icertis, Inc.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.1.2.2 Product Launches and Product Expansions:
8.2 Docusign, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.5.3 Geographical Expansions:
8.3 Knovos, LLC
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Partnerships, Collaborations, and Agreements:
8.3.2.2 Product Launches and Product Expansions:
8.4 RELX PLC (LexisNexis Risk Solutions, Inc.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.4.4.2 Product Launches and Product Expansions:
8.4.4.3 Acquisition and Mergers:
8.5 Filevine, Inc.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.5.2.2 Acquisition and Mergers:
8.6 Casetext, Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.6.2.2 Product Launches and Product Expansions:
8.7 ProfitSolv Corporation
8.7.1 Company Overview
8.8 Anaqua, Inc. (WiseTime)
8.8.1 Company Overview
8.9 Paradigm
8.9.1 Company Overview
8.10. Everlaw, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Legal Technology Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Legal Technology Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Legal Technology Market
TABLE 4 Product Launches And Product Expansions– Legal Technology Market
TABLE 5 Acquisition and Mergers– Legal Technology Market
TABLE 6 Geographical Expansions – Legal Technology Market
TABLE 7 Asia Pacific Legal Technology Market by Solution, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Legal Technology Market by Solution, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Software Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Software Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Legal Technology Market by Software Type, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Legal Technology Market by Software Type, 2023 - 2030, USD Million
TABLE 13 Asia Pacific On-premise Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific On-premise Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Cloud Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Cloud Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Services Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Services Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Legal Technology Market by End-user, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Legal Technology Market by End-user, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Law Firms Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Law Firms Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Corporate Legal Departments Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Corporate Legal Departments Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Legal Technology Market by Type, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Legal Technology Market by Type, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Contract Lifecycle Management Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Contract Lifecycle Management Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific E-discovery Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific E-discovery Market by Country, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Compliance Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Compliance Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Practice Management Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Practice Management Market by Country, 2023 - 2030, USD Million
TABLE 37 Asia Pacific Document Management Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Document Management Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Legal Research Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Legal Research Market by Country, 2023 - 2030, USD Million
TABLE 41 Asia Pacific Analytics Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Analytics Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Time-Tracking & Billing Market by Country, 2019 - 2022, USD Million
TABLE 44 Asia Pacific Time-Tracking & Billing Market by Country, 2023 - 2030, USD Million
TABLE 45 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Legal Technology Market by Country, 2019 - 2022, USD Million
TABLE 48 Asia Pacific Legal Technology Market by Country, 2023 - 2030, USD Million
TABLE 49 China Legal Technology Market, 2019 - 2022, USD Million
TABLE 50 China Legal Technology Market, 2023 - 2030, USD Million
TABLE 51 China Legal Technology Market by Solution, 2019 - 2022, USD Million
TABLE 52 China Legal Technology Market by Solution, 2023 - 2030, USD Million
TABLE 53 China Legal Technology Market by Software Type, 2019 - 2022, USD Million
TABLE 54 China Legal Technology Market by Software Type, 2023 - 2030, USD Million
TABLE 55 China Legal Technology Market by End-user, 2019 - 2022, USD Million
TABLE 56 China Legal Technology Market by End-user, 2023 - 2030, USD Million
TABLE 57 China Legal Technology Market by Type, 2019 - 2022, USD Million
TABLE 58 China Legal Technology Market by Type, 2023 - 2030, USD Million
TABLE 59 Japan Legal Technology Market, 2019 - 2022, USD Million
TABLE 60 Japan Legal Technology Market, 2023 - 2030, USD Million
TABLE 61 Japan Legal Technology Market by Solution, 2019 - 2022, USD Million
TABLE 62 Japan Legal Technology Market by Solution, 2023 - 2030, USD Million
TABLE 63 Japan Legal Technology Market by Software Type, 2019 - 2022, USD Million
TABLE 64 Japan Legal Technology Market by Software Type, 2023 - 2030, USD Million
TABLE 65 Japan Legal Technology Market by End-user, 2019 - 2022, USD Million
TABLE 66 Japan Legal Technology Market by End-user, 2023 - 2030, USD Million
TABLE 67 Japan Legal Technology Market by Type, 2019 - 2022, USD Million
TABLE 68 Japan Legal Technology Market by Type, 2023 - 2030, USD Million
TABLE 69 India Legal Technology Market, 2019 - 2022, USD Million
TABLE 70 India Legal Technology Market, 2023 - 2030, USD Million
TABLE 71 India Legal Technology Market by Solution, 2019 - 2022, USD Million
TABLE 72 India Legal Technology Market by Solution, 2023 - 2030, USD Million
TABLE 73 India Legal Technology Market by Software Type, 2019 - 2022, USD Million
TABLE 74 India Legal Technology Market by Software Type, 2023 - 2030, USD Million
TABLE 75 India Legal Technology Market by End-user, 2019 - 2022, USD Million
TABLE 76 India Legal Technology Market by End-user, 2023 - 2030, USD Million
TABLE 77 India Legal Technology Market by Type, 2019 - 2022, USD Million
TABLE 78 India Legal Technology Market by Type, 2023 - 2030, USD Million
TABLE 79 South Korea Legal Technology Market, 2019 - 2022, USD Million
TABLE 80 South Korea Legal Technology Market, 2023 - 2030, USD Million
TABLE 81 South Korea Legal Technology Market by Solution, 2019 - 2022, USD Million
TABLE 82 South Korea Legal Technology Market by Solution, 2023 - 2030, USD Million
TABLE 83 South Korea Legal Technology Market by Software Type, 2019 - 2022, USD Million
TABLE 84 South Korea Legal Technology Market by Software Type, 2023 - 2030, USD Million
TABLE 85 South Korea Legal Technology Market by End-user, 2019 - 2022, USD Million
TABLE 86 South Korea Legal Technology Market by End-user, 2023 - 2030, USD Million
TABLE 87 South Korea Legal Technology Market by Type, 2019 - 2022, USD Million
TABLE 88 South Korea Legal Technology Market by Type, 2023 - 2030, USD Million
TABLE 89 Singapore Legal Technology Market, 2019 - 2022, USD Million
TABLE 90 Singapore Legal Technology Market, 2023 - 2030, USD Million
TABLE 91 Singapore Legal Technology Market by Solution, 2019 - 2022, USD Million
TABLE 92 Singapore Legal Technology Market by Solution, 2023 - 2030, USD Million
TABLE 93 Singapore Legal Technology Market by Software Type, 2019 - 2022, USD Million
TABLE 94 Singapore Legal Technology Market by Software Type, 2023 - 2030, USD Million
TABLE 95 Singapore Legal Technology Market by End-user, 2019 - 2022, USD Million
TABLE 96 Singapore Legal Technology Market by End-user, 2023 - 2030, USD Million
TABLE 97 Singapore Legal Technology Market by Type, 2019 - 2022, USD Million
TABLE 98 Singapore Legal Technology Market by Type, 2023 - 2030, USD Million
TABLE 99 Malaysia Legal Technology Market, 2019 - 2022, USD Million
TABLE 100 Malaysia Legal Technology Market, 2023 - 2030, USD Million
TABLE 101 Malaysia Legal Technology Market by Solution, 2019 - 2022, USD Million
TABLE 102 Malaysia Legal Technology Market by Solution, 2023 - 2030, USD Million
TABLE 103 Malaysia Legal Technology Market by Software Type, 2019 - 2022, USD Million
TABLE 104 Malaysia Legal Technology Market by Software Type, 2023 - 2030, USD Million
TABLE 105 Malaysia Legal Technology Market by End-user, 2019 - 2022, USD Million
TABLE 106 Malaysia Legal Technology Market by End-user, 2023 - 2030, USD Million
TABLE 107 Malaysia Legal Technology Market by Type, 2019 - 2022, USD Million
TABLE 108 Malaysia Legal Technology Market by Type, 2023 - 2030, USD Million
TABLE 109 Rest of Asia Pacific Legal Technology Market, 2019 - 2022, USD Million
TABLE 110 Rest of Asia Pacific Legal Technology Market, 2023 - 2030, USD Million
TABLE 111 Rest of Asia Pacific Legal Technology Market by Solution, 2019 - 2022, USD Million
TABLE 112 Rest of Asia Pacific Legal Technology Market by Solution, 2023 - 2030, USD Million
TABLE 113 Rest of Asia Pacific Legal Technology Market by Software Type, 2019 - 2022, USD Million
TABLE 114 Rest of Asia Pacific Legal Technology Market by Software Type, 2023 - 2030, USD Million
TABLE 115 Rest of Asia Pacific Legal Technology Market by End-user, 2019 - 2022, USD Million
TABLE 116 Rest of Asia Pacific Legal Technology Market by End-user, 2023 - 2030, USD Million
TABLE 117 Rest of Asia Pacific Legal Technology Market by Type, 2019 - 2022, USD Million
TABLE 118 Rest of Asia Pacific Legal Technology Market by Type, 2023 - 2030, USD Million
TABLE 119 Key Information – Icertis, Inc.
TABLE 120 Key information – DOCUSIGN, INC.
TABLE 121 Key Information – Knovos, LLC
TABLE 122 Key Information – RELX PLC
TABLE 123 Key Information – Filevine, Inc.
TABLE 124 Key Information – Casetext, Inc.
TABLE 125 Key Information – ProfitSolv Corporation
TABLE 126 Key Information – Anaqua, Inc.
TABLE 127 Key Information – Paradigm
TABLE 128 Key Information – Everlaw, Inc.
LIST OF FIGURES
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2022, Mar – 2023, May) Leading Players
FIG 5 Asia Pacific Legal Technology Market share by Solution, 2022
FIG 6 Asia Pacific Legal Technology Market share by Solution, 2030
FIG 7 Asia Pacific Legal Technology Market by Solution, 2019 - 2030, USD Million
FIG 8 Asia Pacific Legal Technology Market share by End-user, 2022
FIG 9 Asia Pacific Legal Technology Market share by End-user, 2030
FIG 10 Asia Pacific Legal Technology Market by End-user, 2019 - 2030, USD Million
FIG 11 Asia Pacific Legal Technology Market share by Type, 2022
FIG 12 Asia Pacific Legal Technology Market share by Type, 2030
FIG 13 Asia Pacific Legal Technology Market by Type, 2019 - 2030, USD Million
FIG 14 Asia Pacific Legal Technology Market share by Country, 2022
FIG 15 Asia Pacific Legal Technology Market share by Country, 2030
FIG 16 Asia Pacific Legal Technology Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: Icertis, Inc.
FIG 18 Recent strategies and developments: DocuSign, Inc.
FIG 19 Recent strategies and developments: RELX PLC
FIG 20 Recent strategies and developments: Filevine, Inc.
FIG 21 Recent strategies and developments: Casetext, Inc.