Japan Legal Technology Market Size & Outlook, 2023-2030
Japan legal technology market, 2018-2030 (US$M)
Related Markets
Japan legal technology market highlights
- The Japan legal technology market generated a revenue of USD 784.0 million in 2023 and is expected to reach USD 1,666.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 11.4% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating solution in 2023.
- Services is the most lucrative solution segment registering the fastest growth during the forecast period.
Legal technology market data book summary
| Market revenue in 2023 | USD 784.0 million |
| Market revenue in 2030 | USD 1,666.7 million |
| Growth rate | 11.4% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | GDS Holdings Ltd ADR, RELX PLC ADR, Icertis, DocuSign Inc, Filevine, Thomson Reuters Corp, ProfitSolv, WiseTime, TimeSolv, Everlaw |
Other key industry trends
- In terms of revenue, Japan accounted for 3.1% of the global legal technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China legal technology market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,253.1 million by 2030.
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Legal Technology Market Scope
Legal Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan legal technology 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 technology market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 74.41% in 2023. Horizon Databook has segmented the Japan legal technology market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The companies offering legal technology solutions are developing technologically advanced and innovative solutions to enhance the efficiency of legal processes.
Furthermore, the increasing adoption of machine learning and artificial intelligence in the legal industry to perform various activities are driving the growth of the legal technology market in the country.
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Target buyers of Japan legal technology market databook
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Our clientele includes a mix of legal technology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan legal technology market , including forecasts for subscribers. This country databook contains high-level insights into Japan legal technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan legal technology market size, by solution, 2018-2030 (US$M)
Japan Legal Technology Market Outlook Share, 2023 & 2030 (US$M)
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