Generative AI in Legal Market Size, Share, and Trends 2024 to 2034

The global generative AI in legal market size accounted for USD 89.79 million in 2024, grew to USD 117.68 billion in 2025 and is projected to surpass around USD 1342.54 million by 2034, representing a healthy CAGR of 31.06% between 2024 and 2034. The North America generative AI in legal market size is calculated at USD 33.22 million in 2024 and is expected to grow at a fastest CAGR of 31.23% during the forecast year.

  • Last Updated : October 2024
  • Report Code : 3155
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

5.1. COVID-19 Landscape: Generative AI in Legal Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

8.1. Generative AI in Legal Market, by Deployment Model, 2024-2034

8.1.1 Cloud-based

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. On-premises

8.1.2.1. Market Revenue and Forecast (2021-2034)

9.1. Generative AI in Legal Market, by Application, 2024-2034

9.1.1. Document Review

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Legal Research

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Contract Analysis

9.1.3.1. Market Revenue and Forecast (2021-2034)

9.1.4. Prediction of Legal Outcomes

9.1.4.1. Market Revenue and Forecast (2021-2034)

9.1.5. Other Applications

9.1.5.1. Market Revenue and Forecast (2021-2034)

10.1. Generative AI in Legal Market, by End-User, 2024-2034

10.1.1. Law Firms

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. In-House Legal Department Corporation

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Government Legal Departments

10.1.3.1. Market Revenue and Forecast (2021-2034)

11.1. North America

11.1.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.1.2. Market Revenue and Forecast, by Application (2021-2034)

11.1.3. Market Revenue and Forecast, by End-User (2021-2034)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.1.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.1.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.1.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.1.5.3. Market Revenue and Forecast, by End-User (2021-2034)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.2.2. Market Revenue and Forecast, by Application (2021-2034)

11.2.3. Market Revenue and Forecast, by End-User (2021-2034)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.2.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.2.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.2.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.2.5.3. Market Revenue and Forecast, by End-User (2021-2034)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.2.6.2. Market Revenue and Forecast, by Application (2021-2034)

11.2.6.3. Market Revenue and Forecast, by End-User (2021-2034)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.2.7.2. Market Revenue and Forecast, by Application (2021-2034)

11.2.7.3. Market Revenue and Forecast, by End-User (2021-2034)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.3.2. Market Revenue and Forecast, by Application (2021-2034)

11.3.3. Market Revenue and Forecast, by End-User (2021-2034)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.3.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.3.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.3.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.3.5.3. Market Revenue and Forecast, by End-User (2021-2034)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.3.6.2. Market Revenue and Forecast, by Application (2021-2034)

11.3.6.3. Market Revenue and Forecast, by End-User (2021-2034)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.3.7.2. Market Revenue and Forecast, by Application (2021-2034)

11.3.7.3. Market Revenue and Forecast, by End-User (2021-2034)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.4.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.4.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.4.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.4.5.3. Market Revenue and Forecast, by End-User (2021-2034)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.4.6.2. Market Revenue and Forecast, by Application (2021-2034)

11.4.6.3. Market Revenue and Forecast, by End-User (2021-2034)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.4.7.2. Market Revenue and Forecast, by Application (2021-2034)

11.4.7.3. Market Revenue and Forecast, by End-User (2021-2034)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.5.3. Market Revenue and Forecast, by End-User (2021-2034)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.5.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.5.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Deployment Model (2021-2034)

11.5.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.5.5.3. Market Revenue and Forecast, by End-User (2021-2034)

Chapter 12. Company Profiles

12.1. IBM Corporation

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Open Text Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Thomson Reuters Corporation

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Veritone Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. ROSS Intelligence Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Luminance Technology Ltd.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. LexisNexis Group Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Neota Logic Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Kira Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Casetext Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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