Middle East & Africa Legal Services Market Size & Outlook
Middle East & Africa legal services market, 2018-2030 (US$M)
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MEA legal services market highlights
- The MEA legal services market generated a revenue of USD 14.4 million in 2023.
- The market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, litigation was the largest revenue generating services in 2023.
- Corporate is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 14.4 million |
| Market revenue in 2030 | USD 22.5 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Litigation |
| Fastest growing segment | Corporate |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 1.4% of the global legal services 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 379.8 million by 2030.
Litigation was the largest segment with a revenue share of 30.56% in 2023. Horizon Databook has segmented the Middle East & Africa 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 the Middle East and Africa (MEA) has witnessed significant growth in recent years, driven by several factors. One of the key drivers of growth has been the increasing demand for legal services related to infrastructure development and project finance, as countries in the region continue to invest heavily in infrastructure projects such as airports, ports, and highways.
The key factor contributing to the growth of the legal services market in the MEA region is the increasing focus on regulatory compliance. As businesses in the region become more globalized and interconnected, they are facing greater regulatory scrutiny, which has led to a rise in demand for legal services related to compliance and risk management.
In addition, there has been a growing demand for legal services related to mergers and acquisitions and corporate restructuring, as businesses in the region look to expand and restructure to take advantage of new opportunities.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Legal Services Market Scope
Legal Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA legal services market size, by country, 2018-2030 (US$M)
Middle East & Africa Legal Services Market Outlook Share, 2023 & 2030 (US$M)
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