Europe Legal Ai Market Size & Outlook, 2023-2030

The legal ai market in Europe is expected to reach a projected revenue of US$ 984.7 million by 2030. A compound annual growth rate of 17.8% is expected of Europe legal ai market from 2024 to 2030.
Revenue, 2023 (US$M)
$313.3
Forecast, 2030 (US$M)
$984.7
CAGR, 2024 - 2030
17.8%
Report Coverage
Europe

Europe legal ai market highlights

  • The Europe legal ai market generated a revenue of USD 313.3 million in 2023.
  • The market is expected to grow at a CAGR of 17.8% from 2024 to 2030.
  • In terms of segment, solution was the largest revenue generating component in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 313.3 million
Market revenue in 2030USD 984.7 million
Growth rate17.8% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services
Key market players worldwideThomson Reuters Corp, DocuSign Inc, International Business Machines Corp, RELX PLC ADR, Open Text Corp, Veritone Inc, Everlaw, CosmoLex, Filevine, Icertis, Knovos, LegalSifter, Luminance, Lawyaw, Practice Insight, TimeSolv

Other key industry trends

  • In terms of revenue, Europe region accounted for 25.9% of the global legal ai market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 933.8 million by 2030.

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Legal AI Market Companies

Name Profile # Employees HQ Website

Europe 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 75.74% in 2023. Horizon Databook has segmented the Europe legal ai market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Legal AI Component Outlook (Revenue, USD Million, 2018-2030)
    • Solution
      • Cloud-based
      • On-Premises
    • Services
      • Consulting Services
      • Support Services
      • Others
  • Europe 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
  • Europe Legal AI Technology Outlook (Revenue, USD Million, 2018-2030)
    • Natural Language Processing
    • Machine Learning and Deep Learning
  • Europe Legal AI End Use Outlook (Revenue, USD Million, 2018-2030)
    • Law Firms
    • Corporate Legal Departments
    • Others

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Target buyers of Europe legal ai market databook

  • Our clientele includes a mix of legal ai market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe legal ai market , including forecasts for subscribers. This continent databook contains high-level insights into Europe legal ai market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe legal ai market size, by country, 2018-2030 (US$M)

Europe Legal AI Market Outlook Share, 2023 & 2030 (US$M)

Europe legal ai market size, by country, 2018-2030 (US$M)

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