Argentina Legal Services Market Size & Outlook, 2023-2030
Argentina legal services market, 2018-2030 (US$M)
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Argentina legal services market highlights
- The Argentina legal services market generated a revenue of USD 12.4 million in 2023 and is expected to reach USD 18.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, corporate was the largest revenue generating services in 2023.
- Corporate is the most lucrative services segment registering the fastest growth during the forecast period.
Legal services market data book summary
| Market revenue in 2023 | USD 12.4 million |
| Market revenue in 2030 | USD 18.9 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Corporate |
| Fastest growing segment | Corporate |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Taxation, Real Estate, Litigation, Bankruptcy, Labor/Employment, Corporate |
| Key market players worldwide | Deloitte, Ernst & Young Global Consulting Services, Kirkland's Inc, PwC, Baker & McKenzie, Clifford Chance, DLA Piper, KPMG, Latham & Watkins, Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.2% of the global legal services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil legal services market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 39.9 million by 2030.
Corporate was the largest segment with a revenue share of 29.03% in 2023. Horizon Databook has segmented the Argentina legal services market based on taxation, real estate, litigation, bankruptcy, labor/employment, corporate covering the revenue growth of each sub-segment from 2018 to 2030.
The legal services market in Argentina has experienced notable growth in recent years, driven in part by the country's expanding economy and increasing need for specialized legal expertise. With a population of over 44 million people and a diverse economy, Argentina presents opportunities for legal firms seeking to expand their practices.
The key factors contributing to the growth of the legal services market in Argentina is the country's efforts to modernize its legal system. This has created new opportunities for legal firms to provide services to a wider range of clients. In addition, the increasing complexity of Argentina's economy has led to a growing demand for specialized legal services.
Despite some challenges, such as economic instability and political uncertainty, the outlook for the legal services market in Argentina is positive. With continued economic growth and ongoing legal system reforms, there is expected to be increasing demand for legal services in the country.
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Legal Services Market Scope
Legal Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina legal services market size, by services, 2018-2030 (US$M)
Argentina Legal Services Market Outlook Share, 2023 & 2030 (US$M)
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